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Topic: [ANN] Bitcoin Cash - Pro on-chain scaling - Cheaper fees - page 932. (Read 703509 times)

hero member
Activity: 574
Merit: 500
If we hold our BTC on an exchange will we get BCC or do we need to hold it in a specific wallet? Sorry if this is posted somewhere just a link would be fine and I can read up

Thanks!


They need to be in a wallet where you control the keys by July 31. A hardware wallet works nicely.

The is little chance someone can get a hardware wallet in time if they do not have one. A paper wallet will work. https://www.bitaddress.org

Agreed on chances for hardware wallet. Bitaddress.org is good if you run it offline. Other good options would be Breadwallet or Electrum (ideally offline or multisig).
legendary
Activity: 1806
Merit: 1827
If we hold our BTC on an exchange will we get BCC or do we need to hold it in a specific wallet? Sorry if this is posted somewhere just a link would be fine and I can read up

Thanks!


They need to be in a wallet where you control the keys by July 31. A hardware wallet works nicely.

The is little chance someone can get a hardware wallet in time if they do not have one. A paper wallet will work. https://www.bitaddress.org
hero member
Activity: 574
Merit: 500
If we hold our BTC on an exchange will we get BCC or do we need to hold it in a specific wallet? Sorry if this is posted somewhere just a link would be fine and I can read up

Thanks!


They need to be in a wallet where you control the keys by July 31. A hardware wallet works nicely.
newbie
Activity: 24
Merit: 0
This is gonna be interesting to see how it unfolds...
newbie
Activity: 20
Merit: 0
If we hold our BTC on an exchange will we get BCC or do we need to hold it in a specific wallet? Sorry if this is posted somewhere just a link would be fine and I can read up

Thanks!
staff
Activity: 4256
Merit: 1203
I support freedom of choice
legendary
Activity: 1806
Merit: 1827
Bookmarking this thread. Please ignore this message.

All you need to do is press  watch in the lower right hand corner and it will be bookmarked for you.
sr. member
Activity: 299
Merit: 250
Bookmarking this thread. Please ignore this message.
Great info for BTC! But i like one BTC for all member! It great! Thank
full member
Activity: 253
Merit: 100
Bookmarking this thread. Please ignore this message.
legendary
Activity: 994
Merit: 1034
I'd rather trade dump on Yobit than Bitfinex. I'm still quite sore at the haircut that I took from them last year, after the "hack". I didn't keep their tokens, because I lost all faith for them. They still have about 14 cents worth of dust from me. I hear the token holders got some of their funds back. I dumped them immediately, because I lost all faith in them. My bad, I guess.

IMO you shouldn't trust any of these exchanges with your private keys , especially ones that trade is shitcoins. Get in and get out. Safest option is bit square but they don't have much liquidity. In any case these are free alts you can dump... so just load up on as much BTC as you can before aug 1st even if it requires you to sell all your alts to benefit from this split
legendary
Activity: 1806
Merit: 1827
Viabtc: https://twitter.com/ViaBTC/status/888813075368886272
"Bitcoin Cash (BCC) mining pool is online now, still mining BTC befor 8.1 https://pool.viabtc.com/pool/bcc/home/"

Please don't support cloud mining(most are scams and those that aren't harm the security of the coin) or investing in "futures" (tokens that don't even exist or may never) or support exchanges that freeze clients assets instead of allowing them to withdraw.

Also please stop using that ticker as it is confusing others due to an altcoin already using it with a 400 million dollar market cap . WTF was VIABTC thinking?

If you want to trade this alt wait till more legit exchanges like bitfinix, bitsquare or polo list it without any restrictions.



I'd rather trade dump on Yobit than Bitfinex. I'm still quite sore at the haircut that I took from them last year, after the "hack". I didn't keep their tokens, because I lost all faith for them. They still have about 14 cents worth of dust from me. I hear the token holders got some of their funds back. I dumped them immediately, because I lost all faith in them. My bad, I guess.
legendary
Activity: 994
Merit: 1034
Viabtc: https://twitter.com/ViaBTC/status/888813075368886272
"Bitcoin Cash (BCC) mining pool is online now, still mining BTC befor 8.1 https://pool.viabtc.com/pool/bcc/home/"

Please don't support cloud mining(most are scams and those that aren't harm the security of the coin) or investing in "futures" (tokens that don't even exist or may never) or support exchanges that freeze clients assets instead of allowing them to withdraw.

Also please stop using that ticker as it is confusing others due to an altcoin already using it with a 400 million dollar market cap . WTF was VIABTC thinking?

If you want to trade this alt wait till more legit exchanges like bitfinix, bitsquare or polo list it without any restrictions.

staff
Activity: 4256
Merit: 1203
I support freedom of choice
Viabtc: https://twitter.com/ViaBTC/status/888813075368886272
"Bitcoin Cash (BCC) mining pool is online now, still mining BTC befor 8.1 https://pool.viabtc.com/pool/bcc/home/"
legendary
Activity: 994
Merit: 1034
How does the difficulty algo work exactly? Did they change the difficulty retarget times from 2016 to a smaller number?

no , still 2016 block retarget, but they drop difficulty down substantially so 5-15% network hashrate can handle their alt within 10 min avgs out of the gate

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

legendary
Activity: 3738
Merit: 1708
CoinPoker.com
How does the difficulty algo work exactly? Did they change the difficulty retarget times from 2016 to a smaller number?
newbie
Activity: 56
Merit: 0
Excellent!  I applaud all those involved with BitcoinCash for this respectful approach.  I also very much intend to support BCC, split my bitcoins carefully, and look for opportunities to trade between the two branches.

I'm nervous that this is being done so hastily but I understand the importance of splitting before SegWit activates and hope that you can quickly develop a sensible roadmap and grow from there.  Is there enough synergy with Bitcoin Unlimited for this to become a joint effort?

I dont think any respectful exchange will add this altcoin

I'm sure many exchanges will add support for both branches.  It could be very profitable and I would certainly appreciate vitriol giving way to volume.

You know this already that your coin has another name than BTC, you are giving it a name yourselves,

Two different branches should have two different names.  Both branches have a good claim to the name "Bitcoin".  The fact that this camp is giving way on this demonstrates their maturity and their belief in the fundamentals of their branch.  BCC will undoubtedly suffer in the marketplace at the beginning because so much money will trade on the name, but if they are right and stay true to their vision then BCC could easily grow to serve the needs of millions of people around the world.
legendary
Activity: 994
Merit: 1034
Do you really think those pools will waste theirs hashrate with this shitcoin? People dont like to waste money.

Yes, I think they will donate a % , up to half their hashrate to at least temporarily mine Asicboostcoin. (5-15% total network hashrate) Why?

1) There is a small , but vocal group of users that will buy these coins . Since difficulty will be dropped it will be profitable for them to hash on these coins at least temporarily to target that crowd.

2) After segwit activates , Bitmains covert use of ASicboost will be largely neutralized due to the fact that they won't be able to collect as much fees as other miners who do not use Asicboost. This 15-30% advantage makes mining Asicboostcoin more profitable for them.

I expect a volatile start and than capitulation for this alt as "big blockers" are a fickle lot who tend to invest in all sorts of alts and ICO scams so don't have the same commitment like maximalists
full member
Activity: 251
Merit: 102
Is this going to eventually be merge minable...?

Wont be merge mined .

Bitcoin.com , antpool, and viabtc will donate a % of their hashrate to this alt. Presumably since Bitmain controls so much hashrate directly and indirectly via selling 70% of ASICs they are confident this alt wont be attacked even if it has less than 10% of network hashrate %

Basically this coin places a lot of faith in Bitmain who looks like where the dev costs are being funded through as well

Do you really think those pools will waste theirs hashrate with this shitcoin? People dont like to waste money.
legendary
Activity: 994
Merit: 1034
Is this going to eventually be merge minable...?

Wont be merge mined .

Bitcoin.com , antpool, and viabtc will donate a % of their hashrate to this alt. Presumably since Bitmain controls so much hashrate directly and indirectly via selling 70% of ASICs they are confident this alt wont be attacked even if it has less than 10% of network hashrate %

Basically this coin places a lot of faith in Bitmain who looks like where the dev costs are being funded through as well
legendary
Activity: 994
Merit: 1034
I suggest you stay away from futures as they are very risky , and stay away from viabtc as they have voiced they will freeze funds within the account unlike other exchanges. Wait till after the split occurs and use bitsquare to dump your split coins-

Bitsquare will list BMC/BTC trading pairs with no restrictions or freezes. They will call this Alt BitMainCoin (BMC) to avoid confusion as BCC is already taken

https://twitter.com/bitsquare_/status/888871094081507328

Exchanges cannot use BCC as it is already taken -

https://coinmarketcap.com/currencies/bitconnect/

Some other names ?
  
Bitmaincoin (BMC)

ASICBOOSTCOIN (ABC)

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