[ANN] Bitcoin Cash - Pro on-chain scaling - Cheaper fees - page 98.

Icutgrass205

jr. member

Activity: 98

Merit: 4

Bitcoin is today what the internet was decades ago

Quote from: mindrust on November 13, 2018, 05:08:02 AM

Quote from: Cryptcodin on November 13, 2018, 02:13:31 AM

What is Bitcoin Cash? another scam?

Smells like Bitcooooooooonect ! 100%

You got that right. Good people of btctalk were warning us to stay away from that scam for months. It is still not too late. Dump that shit before you lose everything.

Can you elaborate on how it is a scam?

Last of the V8s

legendary

Activity: 1652

Merit: 4392

Be a bank

https://www.bitfinex.com/posts/313

https://twitter.com/Binance_Fomobot/status/1062301597110358016

$BCH $BTC Simplifying the @bitfinex announcement... "Anyone who is short BCH during the Snapshot Event will have a their accounts debited BAB and BSV. " -If you're shorting BCH over 1x leverage, you will owe money because you borrowed BCH and the lender gets credited ...

"Anyone who is long BCH during the Snapshot Event will then have $BAB and $BSV credited to their account." -If you're going long, you will get paid af
get debited = taken from
get credited = given to

mindrust

legendary

Activity: 3276

Merit: 2442

Quote from: Cryptcodin on November 13, 2018, 02:13:31 AM

What is Bitcoin Cash? another scam?

Smells like Bitcooooooooonect ! 100%

You got that right. Good people of btctalk were warning us to stay away from that scam for months. It is still not too late. Dump that shit before you lose everything.

adaseb

legendary

Activity: 3808

Merit: 1723

Most likely if these hash figures are somewhat accurate and the reports of Bitmain deploying 50,000 S9 to BCH ABC mining then most likely both chains will survive as long as the hash power is behind them.

The issue here will be the replay attacks since both the output transactions will contain the same hash. Not an issue if you know what you are doing or just use an exchange but it will be an issue to some new people.

People might get tricked into selling their BCH ABC and they might not realize they also sold their BCH SV to the same individual.

Mrpumperitis

legendary

Activity: 2758

Merit: 1075

(please read my previous pst on btc giuld then check this

https://medium.com/@craig_10243/fixing-op-fals-fd157899d2b7
"The aim was never to allow the creation of scripts that are designed to diminish the long-term viability of Bitcoin, and to this end miners will be able to recover this form of funds as if they were salvaging “sunken treasure”. This returns the coins into circulation."

This got me thinking....was this the plan all along for sv...
make the permissionless blockchain into permissioned...
decentralized into centralized...
Control old keys...some very very valuable...
Is this the way faketoshi becomes satoshi, taking his coins....hmmm

Cryptcodin

jr. member

Activity: 61

Merit: 4

What is Bitcoin Cash? another scam?

Smells like Bitcooooooooonect ! 100%

hv_

legendary

Activity: 2534

Merit: 1055

Clean Code and Scale

Quote from: wavessurfing on November 12, 2018, 01:13:10 PM

Quote from: hv_ on November 12, 2018, 10:55:09 AM

Be careful with shit hooks in the BCH protocol - that will fire back sooner than you can run away

https://coingeek.com/germanys-financial-regulator-forces-closure-uk-crypto-firm/

.......................

anyway there will always be the problem of territoriality of laws, which is inavoidable..
except in the case of a future hypothetical worldwide governing body.

Nope - if the protocol is just that simple optimized for only for onchain txs and due to the 10 y old white paper purpose / selling prospect
the legal tasks are no-brainers and can only help for a quick global adoption.

Any protocol hooks / change of (legal!) purpose ( for 'trustless' ICOs or gambelling ) will kill that one.

Cleanest and smallest impl of Bitcoin will have less friction , highest stability and potential of building most things on top / get into any industry .

boomboom

hero member

Activity: 1068

Merit: 523

Quote from: notblox1 on November 12, 2018, 04:50:40 PM

Adios Bcash... adios SV... Adios Faketoshi Ver
All the best

I think in a few days we see how much hash CSW & friends control, I think it will surprise ALL of us!

notblox1

legendary

Activity: 2086

Merit: 1282

Logo Designer ⛨ BSFL Division1

Adios Bcash... adios SV... Adios Faketoshi Ver
All the best

Mrpumperitis

legendary

Activity: 2758

Merit: 1075

afaicr....

one of the biggest selling points for btc was its decentralized...this is what gave btc value as more people bought into the idea....

Btc Guild stopped adding new miners...
They did it for the good of bitcoin and prevent losing value.

Mrpumperitis

legendary

Activity: 2758

Merit: 1075

Anyone remember this...
https://www.reddit.com/r/Bitcoin/comments/1bq4ia/for_the_love_of_bitcoin_stop_mining_at_btc_guild/

DanielTaylor
302 points
·
5 years ago
·
edited 5 years ago
It doesn't matter if they're the good guys and say they won't abuse their power. If BTC Guild reaches +50% hashing power, they'll virtually control the network, be able to create forks, double spend or paralize Bitcoin.

My local banker also says he's a good guy and I shouldn't worry about him. But that's not the point because Bitcoin is supposed to be decentralized, not "centralized with a good guy in charge".

vocatus
43 points
·
5 years ago
The problem with Bitcoin (and I say this as a miner and advocate of it) is that eventually the network will converge on a small operating block of people, probably using large ASIC farms. It has to - it's how the incentive system works out. It's an arms race to the most powerful farm, and those with the most capital to invest will push everyone else out. At that point it is no longer "decentralized" but controlled by a few (single?) powerful entities - those who could control the compute power.

2012

legendary

Activity: 1526

Merit: 1003

Quote from: 3x2 on November 11, 2018, 03:04:58 AM

Quote from: Hulk1997 on November 11, 2018, 12:01:36 AM

Will be Multibit HD wallet give me access to BitcoinCash?

No brother, i will suggest you to export the private keys to some wallet which give you access to actions like BCC.
Thete are plenty on internet but download only reputed ones.

You should give the link to the trusted wallet which are safe to use I'm using Trezor without any major issue. List of trusted wallets is also available on official website so anybody can move his private keys to any supported wallet.

wavessurfing

member

Activity: 402

Merit: 45

Quote from: hv_ on November 12, 2018, 10:55:09 AM

Be careful with shit hooks in the BCH protocol - that will fire back sooner than you can run away

https://coingeek.com/germanys-financial-regulator-forces-closure-uk-crypto-firm/

.......................

anyway there will always be the problem of territoriality of laws, which is inavoidable..
except in the case of a future hypothetical worldwide governing body.

hv_

legendary

Activity: 2534

Merit: 1055

Clean Code and Scale

Be careful with shit hooks in the BCH protocol - that will fire back sooner than you can run away

https://coingeek.com/germanys-financial-regulator-forces-closure-uk-crypto-firm/

Will not happen, if protocol is clean e cash txs and max scaling on-chain.

Icutgrass205

jr. member

Activity: 98

Merit: 4

Bitcoin is today what the internet was decades ago

Quote from: valthomas on November 12, 2018, 07:10:28 AM

Quote from: Icutgrass205 on November 12, 2018, 06:17:41 AM

https://cash.coin.dance/blocks

say goodbye to ABC, Bitmain, possibly RV, and shitcoins in the near future!

people should say goodbye to bch under whole too much drama from these people this is just a sign that people should not invent in bch. We kept warning them about these nonsense about the real bitcoin crap heres what it has led to

BCH is still the best option for peer to peer electronic cash. BTC is no longer bitcoin

valthomas

newbie

Activity: 78

Merit: 0

Quote from: Icutgrass205 on November 12, 2018, 06:17:41 AM

https://cash.coin.dance/blocks

say goodbye to ABC, Bitmain, possibly RV, and shitcoins in the near future!

people should say goodbye to bch under whole too much drama from these people this is just a sign that people should not invent in bch. We kept warning them about these nonsense about the real bitcoin crap heres what it has led to

Icutgrass205

jr. member

Activity: 98

Merit: 4

Bitcoin is today what the internet was decades ago

https://cash.coin.dance/blocks

say goodbye to ABC, Bitmain, possibly RV, and shitcoins in the near future!

valthomas

newbie

Activity: 78

Merit: 0

Quote from: Taya Afi on November 12, 2018, 05:06:47 AM

Hello. I keep the BCH in blockchain.com service. I know it will fork on November 15th. The development team claims that all the BCH holders will be credited with the BSV. If I leave my BCH in my wallet on the blockchain.com, will I get it?

how do you feel about the price tanking so bad. It looks like by the time november 15 comes bch will be 0

Taya Afi

full member

Activity: 490

Merit: 100

Hello. I keep the BCH in blockchain.com service. I know it will fork on November 15th. The development team claims that all the BCH holders will be credited with the BSV. If I leave my BCH in my wallet on the blockchain.com, will I get it?

sefirotius

full member

Activity: 658

Merit: 102

IDENA.IO - Proof-Of-Person Blockchain

What now best miner? i have rig 1060 6gb

Topic: [ANN] Bitcoin Cash - Pro on-chain scaling - Cheaper fees - page 98. (Read 704506 times)