Topic: [ANN] Bitcoin Cash - Pro on-chain scaling - Cheaper fees - page 925. (Read 703509 times)
POST here is not to admit that you are a cottage currency? Are you here to make fun of me? It's fun. I'm going to buy a couple of games. Don't let me lose money. Oh, I'm losing money. I'll find your big boss.
On August 1st 2017, We the People will breathe new life into Bitcoin.
A group of miners, developers, investors, and bitcoin users will upgrade the Bitcoin protocol as specified by the User Activated Hard Fork (UAHF).
Those who do not want to follow our lead are free to use whichever chain they like. Miners implementing the UAHF will safely split away, creating a new version of Bitcoin called "Bitcoin Cash".
Forking rule:
"REQ-7 Difficulty adjustement in case of hashrate drop
In case the MTP of the tip of the chain is 12h or more after the MTP 6 block before the tip, the proof of work target is increased by a quarter, or 25%, which corresponds to a difficulty reduction of 20% .
RATIONALE: The hashrate supporting the chain is dependent on market price and hard to predict. In order to make sure the chain remains viable no matter what difficulty needs to adjust down in case of abrupt hashrate drop."
Any idea on what miners % are willing to join BCC.
or Do anybody have an approx. on what the support will be on august 1st in term of hash-rate for BCC compare to BTC ?
Too early to tell maybe. Certainly price will play a big role for those miners who sees only profits.
But still, if they want a chain split they must have some sort of certitudes that cover their back I suppose. Unless they have suicidal tendencies.
A group of miners, developers, investors, and bitcoin users will upgrade the Bitcoin protocol as specified by the User Activated Hard Fork (UAHF).
Those who do not want to follow our lead are free to use whichever chain they like. Miners implementing the UAHF will safely split away, creating a new version of Bitcoin called "Bitcoin Cash".
Forking rule:
"REQ-7 Difficulty adjustement in case of hashrate drop
In case the MTP of the tip of the chain is 12h or more after the MTP 6 block before the tip, the proof of work target is increased by a quarter, or 25%, which corresponds to a difficulty reduction of 20% .
RATIONALE: The hashrate supporting the chain is dependent on market price and hard to predict. In order to make sure the chain remains viable no matter what difficulty needs to adjust down in case of abrupt hashrate drop."
Any idea on what miners % are willing to join BCC.
or Do anybody have an approx. on what the support will be on august 1st in term of hash-rate for BCC compare to BTC ?
Too early to tell maybe. Certainly price will play a big role for those miners who sees only profits.
But still, if they want a chain split they must have some sort of certitudes that cover their back I suppose. Unless they have suicidal tendencies.
Where is airdrop rules?
It's not actual airdrop. If you hold bitcoin on 1st august you will get equal amount of bitcoin cash if you hold your private keys.
but how can i transfer my btc cash to sell on exchange without transferring also my real btc? because if i put both wallet in two different client, i woudl get bitcoin and bitcoin cash right? same amount, but then if you do a transaction, the coins vanish from both party, so you also move your original bitcoin
Welcome new fake coin 
Where is airdrop rules?
It's not actual airdrop. If you hold bitcoin on 1st august you will get equal amount of bitcoin cash if you hold your private keys.
Where is airdrop rules?
https://blog.bitmain.com/en/regarding-bitcoin-cash-viabtc-bitcoin-abc/
not an overwhelming endorsement by any means.
not an overwhelming endorsement by any means.
this is not a fork for there are no votes to fork for,it is a CLONE ,just take a snapshot and then creat the same amount of coins as Bitcoin and then distribute,guess what..........Sathoshi million coins .. missing coins due to some reasons ...... unclaimed coins ....etc....all of that will go direct to their pocket!
lol, mate what are you doing here if you have no clue about the absolute basics of cryptocurrencies?
maybe only read before writing nonsense?
this is not a fork for there are no votes to fork for,it is a CLONE ,just take a snapshot and then creat the same amount of coins as Bitcoin and then distribute,guess what..........Sathoshi million coins .. missing coins due to some reasons ...... unclaimed coins ....etc....all of that will go direct to their pocket!
nope. they don't control the private keys. whatever coins are lost will remain lost. it might be a good indicator of how many active coins are out there.
this is not a fork for there are no votes to fork for,it is a CLONE ,just take a snapshot and then creat the same amount of coins as Bitcoin and then distribute,guess what..........Sathoshi million coins .. missing coins due to some reasons ...... unclaimed coins ....etc....all of that will go direct to their pocket!
I don't have enough time and speed to be able to download whole Bitcoin chain which is approximately of 175 GB. I have transferred my Bitcoins to Electrum wallet and have written down my Private Keys. I hope as of alternative I have done good and it should be fine to avoid any complication. Any thoughts of this would be appreciated.
Don't worry, you did fine 
Bitcoin Cash will never be as great as the main Bitcoin. I'm waiting for the fork to sell my Bitcoin Cash for a penny.
Indeed nobody will care about this so it will die very soon when people will be done after dumping this. Bitcoin is the king of this universe no coin can replace it and it will stay love on cryptocutrrency because the original is always perfect.
Bitcoin Cash will never be as great as the main Bitcoin. I'm waiting for the fork to sell my Bitcoin Cash for a penny.
@jc12345
Better now then later
Are you saying that it just need to release forks to kill ""Bitcoin""?
Maybe you should sell your bitcoin just now.
Maybe all the next altcoins will be 1:1 forks of Bitcoin
Better now then later
Are you saying that it just need to release forks to kill ""Bitcoin""?
Maybe you should sell your bitcoin just now.
Maybe all the next altcoins will be 1:1 forks of Bitcoin
All alt-coins have the right to existence (including BCC) and it is anyone's right to attempt something new. Even BCC has the right to fork off as an alt-coin. It brings innovation.
Sometimes one has to look at the bigger mile high view and the virtual currency ecosystem as a whole though and take a risk based decision on what to support. Personally I just think that there are other less risky ways to do innovation than to try and impact/capture the main chain. Block size for example has been addressed previously, it just needed 95% to support it. If that is afterwards not sufficient size there can be a plan B again. Forcing things becomes dangerous and we are all in this with the same goal to have virtual currency succeed. We cannot afford uncertainty/failure and Business hates uncertainty.
What I am saying, is that all big pools should look at the bigger picture and not split up again and go on a different route come 1 Aug. BIP91 was forced in, lets stick to that route now and see how things work out and not mess around and take unnecessary risks on 1 Aug.
I don't have enough time and speed to be able to download whole Bitcoin chain which is approximately of 175 GB. I have transferred my Bitcoins to Electrum wallet and have written down my Private Keys. I hope as of alternative I have done good and it should be fine to avoid any complication. Any thoughts of this would be appreciated.
Blockstream and the USAF Trolls will never give Bitcoin the 2x part of the Honkong and NewYork Agreement,
read their their posts,
so this is the last exit before the lost of the real Bitcoin
following Satoshies vision.
This should have been done much earlier.
People like you are delusional.read their their posts,
so this is the last exit before the lost of the real Bitcoin
following Satoshies vision.
This should have been done much earlier.
That altcoin will not get any traction
so if we hold our bitcoin until 2017.08 01 we will get bitcoin cash? 
anyone can tell me ? thank you
anyone can tell me ? thank you
If you have exclusive control of say 10 bitcoins (private key / mnemonic seed) and hold them through the fork then you'll naturally have 10 "bitcoins" on each branch (10 BitcoinCore-coins and 10 BitcoinCash-coins if you will). After the fork, if you are careful (use trustworthy guides and services), then you'll be able to move the 10 coins of one branch without moving their twins on the other branch (see: "replay attacks"). If you only care about one branch then you can sell the coins on the other branch.
Of course, it would be extremely confusing to call both of these assets "bitcoin" so at least one branch will need a new name and ticker. While imperfect, the most popular assignment is currently:
- For the Bitcoin Core fork: "bitcoin", "BTC"
- For the Bitcoin Cash fork: "bitcoincash", "BCC" (caution: conflicts with BitConnect Coin)
so if we hold our bitcoin until 2017.08 01 we will get bitcoin cash?
anyone can tell me ? thank you
anyone can tell me ? thank you
If you have exclusive control of say 10 bitcoins (private key / mnemonic seed) and hold them through the fork then you'll naturally have 10 "bitcoins" on each branch (10 BitcoinCore-coins and 10 BitcoinCash-coins if you will). After the fork, if you are careful (use trustworthy guides and services), then you'll be able to move the 10 coins of one branch without moving their twins on the other branch (see: "replay attacks"). If you only care about one branch then you can sell the coins on the other branch.
Of course, it would be extremely confusing to call both of these assets "bitcoin" so at least one branch will need a new name and ticker. While imperfect, the most popular assignment is currently:
- For the Bitcoin Core fork: "bitcoin", "BTC"
- For the Bitcoin Cash fork: "bitcoincash", "BCC" (caution: conflicts with BitConnect Coin)
So if I borrow BTC on Poloniex and Bitfinex during Aug 1st, I get free leveraged BCC ? Just like the ETH/ETC process?
Probably not. It's better if you send them to a wallet where you fully control the private keys.Isn't better we apply wait and watch policy then just ignore.
Now they clearly launching this coin as alt in first place so there is no risk for bitcoin.
So if I borrow BTC on Poloniex and Bitfinex during Aug 1st, I get free leveraged BCC ? Just like the ETH/ETC process?
Probably not. It's better if you send them to a wallet where you fully control the private keys.Jump to: