[ANN] Bitcoin Cash - Pro on-chain scaling - Cheaper fees - page 928.

BitUsher

legendary

Activity: 994

Merit: 1034

Quote from: 25hashcoin on July 23, 2017, 03:57:39 PM

Quote from: SeDz on July 23, 2017, 03:30:03 PM

YEAH, let's have 8MB block so that way only miners will run full nodes since it will be almost impossible for normal people run a full node in a normal dektop.
Let's give all the power and decentralization to miners cause they know what's best for the whole community

This is a lie Core has pushed on you.

Nope. Bitcoin nodes must work in byzantine environments -

https://iancoleman.github.io/blocksize/#block-size=8

Down: 0.447
Up: 3.132

This will be too much for many regions around the world.

Additionally, 8MB blocks are going to need a ton of RAM for that UTXO set . 4MB of Ram isn't going to cut it

Additionally, mining centralization will be far worse due to block propagation latency.

BitUsher

legendary

Activity: 994

Merit: 1034

Quote from: 25hashcoin on July 23, 2017, 03:11:01 PM

The pros are 8x on chain scaling, which means actual utility.

Instead of a pathetic 56 network transactions per second and waiting 10 min to 1 hour for a confirmation due to the Poisson process , I will prefer millions of transactions per second and instant secure confirmations with the original Bitcoin

Quote from: 25hashcoin on July 23, 2017, 03:11:01 PM

The pros are 8x on chain scaling, which means actual utility.

Link to Roadmap?

25hashcoin

hero member

Activity: 574

Merit: 500

Quote from: SeDz on July 23, 2017, 03:30:03 PM

YEAH, let's have 8MB block so that way only miners will run full nodes since it will be almost impossible for normal people run a full node in a normal dektop.
Let's give all the power and decentralization to miners cause they know what's best for the whole community

This is a lie Core has pushed on you.

Bamselk

member

Activity: 69

Merit: 10

Quote from: KGBx on July 23, 2017, 03:53:17 PM

You need to respect such announcements. I will follow this thread. 20% of BTC value is huge, I'm really curious if it will have a good effect on BTC (added value as mentioned in this thread already)...

It's hard to say what the value will be after August 1st. Some people may see it as "free BTC" and dump it when they figure out how to send it.

KGBx

full member

Activity: 364

Merit: 100

You need to respect such announcements. I will follow this thread. 20% of BTC value is huge, I'm really curious if it will have a good effect on BTC (added value as mentioned in this thread already)...

SeDz

full member

Activity: 251

Merit: 102

YEAH, let's have 8MB block so that way only miners will run full nodes since it will be almost impossible for normal people run a full node in a normal dektop.
Let's give all the power and decentralization to miners cause they know what's best for the whole community

25hashcoin

hero member

Activity: 574

Merit: 500

Quote from: BitUsher on July 23, 2017, 02:28:30 PM

Quote from: xanga_17 on July 23, 2017, 02:22:52 PM

What are the pros and cons of bitcoin cash?

I really don't see any pros with bitcoin cash until they add a fix for malleability which I doubt they will do as jihan opposes it.

The pros are 8x on chain scaling, which means actual utility. A malleability fix is planned on the next fork. Jihan does not and will not have control over BCC. That is pure FUD, like the majority of your posts on this subject.

BitUsher

legendary

Activity: 994

Merit: 1034

Quote from: beydola on July 23, 2017, 02:30:48 PM

Where can we buy this coin?

The coin doesn't exist yet , so you technically cannot. stay away from buying futures. Wait till after aug 1st and trade on a better exchange like bitsquare . polo, or finex

beydola

newbie

Activity: 50

Merit: 0

Where can we buy this coin?

BitUsher

legendary

Activity: 994

Merit: 1034

Quote from: xanga_17 on July 23, 2017, 02:22:52 PM

What are the pros and cons of bitcoin cash?

I really don't see any pros with bitcoin cash until they add a fix for malleability which I doubt they will do as jihan opposes it.

Quote from: BitUsher on July 22, 2017, 09:12:55 PM

It won't have tx malleability fix, so no cool features like Lightning network on this alt anytime soon(if ever because Jihan opposes fixing malleability), thus this alt will start off with up to 56 transactions per second and BTc will support millions of transactions per second with wallets like this -
https://medium.com/@ACINQ/announcing-eclair-wallet-a8d8c136fc7e

Quote from: xanga_17 on July 23, 2017, 02:22:52 PM

and can someone tell us what could happen august 1st if minors didn't signal sigwit as they intended?

they will lose a lot of money with orphaned blocks if they don't run BIP91/148/141 compatible nodes

martyMC

member

Activity: 159

Merit: 11

Quote from: martyMC on July 23, 2017, 12:17:45 PM

If we have a web wallet but with private key like counterwallet.
It will be ok? Huh

Finally I tried to import the private key of a counterparty wallet in the blockchain.info wallet and it worked very well

xanga_17

newbie

Activity: 8

Merit: 0

What are the pros and cons of bitcoin cash? and can someone tell us what could happen august 1st if minors didn't signal sigwit as they intended?

versprichnix

sr. member

Activity: 876

Merit: 291

Quote from: JamesOng on July 23, 2017, 12:15:24 PM

is this really a fork or it is just another altcoin?
can anyone here point out where to see the mining hash that support for this fork?

Yes, if there is no mining hash power I mine it with my cpu.

lost_in_base

member

Activity: 84

Merit: 10

Darwing price for most stupido!

Exchanges proudly dumping this into pure ZERO!
And it is free for them!

levelten

full member

Activity: 184

Merit: 100

Quote from: JamesOng on July 23, 2017, 12:15:24 PM

is this really a fork or it is just another altcoin?
can anyone here point out where to see the mining hash that support for this fork?

It is an altcoin now.
The Main chain is now Segwit2x Activated and must be signaling BIP141 in order mine any valid block.
So far 97.9% are supporting BIP141.
https://www.xbt.eu/
I think the only miner pool supporting both chains is ViaBTC (not sure who else).

alani123

legendary

Activity: 2422

Merit: 1451

Leading Crypto Sports Betting & Casino Platform

It seems like added value will be coming into bitcoin's blockchain in the end and this one is pushing users to start using wallets giving them full access to private keys even more. I like how it's starting with a different name and not outright being called "bitcoin" but such projects are quite divisive for the community in my opinion.

cryptodv

hero member

Activity: 1092

Merit: 507

btcstakes.com

Where can you buy Bitcoin Cash? Which exchange?

dr blowfin

full member

Activity: 186

Merit: 101

So this fork is already being mined and traded on VIABTC at a rate of 0.2 - with surprisingly no affect on BTC price as yet.
As it stands this seems to be quite a generous gift to BTC holders.

JamesOng

hero member

Activity: 509

Merit: 500

Quote from: Kwelstr on July 23, 2017, 12:25:24 PM

Quote from: JamesOng on July 23, 2017, 12:15:24 PM

is this really a fork or it is just another altcoin?
can anyone here point out where to see the mining hash that support for this fork?

Read here: http://www.trustnodes.com/2017/07/23/btc-top-will-mine-bitcoin-cash-based-price

so,if the price of Bitcoin benefit more they will mine Bitcoin,if the price of bitcoincash benefit more then they will mine bitcoincash....wtf..a snake with double heads?

European Central Bank

legendary

Activity: 1288

Merit: 1087

Quote from: martyMC on July 23, 2017, 12:43:53 PM

Why it's increasing then?
0,2 BTC

https://www.viabtc.com/quot/realtime?currency=btc&dest=bcc

because it's a microscopic and incredibly thin market at an exchange with an agenda?

Topic: [ANN] Bitcoin Cash - Pro on-chain scaling - Cheaper fees - page 928. (Read 703509 times)