Topic: [ANN] Bitcoin Cash - Pro on-chain scaling - Cheaper fees - page 928. (Read 704562 times)
At last Jihan coin, Roger Ver & r/BTC freaks can have it
there won't be enough demand for that many transactions for a long, long time so it's possible enough people might be enticed to join the chain and then realise this when it's too late.
Good point, we really don't know how quickly 8MB will get full. My guess is very quickly due to the fact that mining will be far more centralized with this chain so it will be easier for Bitmain to spam the blocks and fee snipe. Their capacity roadmap has a very aggressive position on HF larger blocks quickly so I expect them to do this. Additionally, miners and the users will want to create the appearance of popularity so they will insure to fill up the blocks with spam .
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.
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.
there won't be enough demand for that many transactions for a long, long time so it's possible enough people might be enticed to join the chain and then realise this when it's too late.
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
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.
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
The pros are 8x on chain scaling, which means actual utility.
Link to Roadmap?
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
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.
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. 
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)...
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
Let's give all the power and decentralization to miners cause they know what's best for the whole community
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.
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
Where can we buy this coin?
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.
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
https://medium.com/@ACINQ/announcing-eclair-wallet-a8d8c136fc7e
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
If we have a web wallet but with private key like counterwallet.
It will be ok?
Finally I tried to import the private key of a counterparty wallet in the blockchain.info wallet and it worked very well It will be ok?
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?
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?
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.
Darwing price for most stupido!
Exchanges proudly dumping this into pure ZERO!
And it is free for them!
Exchanges proudly dumping this into pure ZERO!
And it is free for them!
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?
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).
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.
Where can you buy Bitcoin Cash? Which exchange?
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