Topic: Blockchain 3.0, Next gen crypto talk - page 3. (Read 19910 times)

https://docs.smartbch.org/smartbch/smartbch_whitepaper-en
Motivation
Different people want different new features from Bitcoin Cash.
Bitcoin Cash's block interval remains 10 minutes, which is too long by comparison, as there are other chains offering intervals of seconds. Although Bitcoin Cash supports secure zero-confirmation transactions, complex scenarios besides payments need short confirmation times for better user experience, such as DeFi.

Bitcoin Cash has a limited script system which is not Turing-complete, making it more difficult to use than Ethereum's EVM. Also, it is less capable than EVM and Solidity, as they offer the best ecosystem and encompass the most programmers among all the smart contract platforms. It's a pity they cannot be utilized in Bitcoin Cash's ecosystem.

Currently, Bitcoin Cash's capability has been proven to reach 14MB. Although at this moment its block size is only 0.8 MB on average, it is growing fast: more than three times since the beginning of 2021. If it keeps growing at such a rate, 14MB would not be enough in the near future. Since issues surrounding block size larger than 14MB remain unknown and have not been field-tested, it would be best to begin getting prepared for further scaling of Bitcoin Cash's throughput.

What can Smart Bitcoin Cash contribute to the Bitcoin Cash ecosystem? Well, it builds a new playground for testing new features: It has a short confirmation time, supports EVM and Web3 with novel optimizations to provide higher throughput, and also provides new channels for one to invite more users to join Bitcoin Cash's ecosystem.

https://www.reddit.com/r/btc/comments/pafvit/smartbch_makes_me_really_excited_because_its_like/

"That will unite the space again because blockchain agnostic thinking will become the norm"


We here on this thread get it, to scale ..resources and data must be shared/split...making us all stronger together.
Very excited to see BCH becoming a part of Blockchain 3.0.

https://www.reddit.com/r/btc/comments/pakuhg/bitcoincash_is_also_there/

BCH is available to buy in El Salvadors new crypto ATM's

https://twitter.com/wangkui0508/status/1410064956528021512

A PoS sidechain staked with BCH hash power. We did it!
Quote Tweet
smartBCH
@SmartBCH
 · 30 Jun
💫SHA256 hash power can stake smartBCH now. You can vote and elect the validators of smartBCH with bitcoincashnode in the testnet-T2: https://docs.smartbch.org/smartbch/testnets#smartbch-t2

https://coinflex.com/blog/smartbch-and-coinflex-roadmap-announcement


Hello BCHers and FLEXers!

CoinFLEX’s BCH (mainnet) to BCH (SmartBCH) Bridge
The CoinFLEX BCH (mainnet) to BCH (SEP20) bridge has been live for an entire week now – with zero issues. We are happy to announce that locking on the BCH chain, releasing BCH (SEP20, the SmartBCH format), and going from SmartBCH to BCH have all been working smoothly.

There are, at times, delays in withdrawals due to our multi-signature client funds storage system. CoinFLEX’s client funds are stored with high security and stringent protocols in place that eliminate human error in addition to external threats. Our primary custodial infrastructure is powered by Fireblocks, supporting us with a multi-layer technology that combines the latest breakthroughs in MPC cryptography with hardware isolation.

Is BCH going to become a 3.0 Blockchain?

This is how you take BCH to the next level.
https://twitter.com/SmartBCH/status/1429947219961016344
wang kui Retweeted
smartBCH
@SmartBCH
·
17h
Thanks for CoinFLEX for running the BCH <> SmartBCH bridge! It brings the users convenience before sha-gate (https://github.com/smartbch/docs/blob/main/sha-gate.md) is ready.
Quote Tweet
CoinFLEX
@CoinFLEXdotcom
 · Aug 23
Curious about what #CoinFLEX is building on #SmartBCH? 🧠   

Check out our Roadmap 🛣️ to learn more about:

• BCH <> SmartBCH Bridge
• Multi-Token Bridge
• First DAO on SmartBCH
• flexUSD within SmartBCH
• Transparency plans
https://hubs.la/H0VP2Wr0

WOW

https://www.cnbc.com/2021/08/22/paypal-crypto-service-launches-in-the-uk.html
PayPal’s crypto feature lets customers buy or sell bitcoin, bitcoin cash, ethereum or litecoin with as little as £1. Users can also track crypto prices in real-time, and find educational content on the market.







Bitcoin cash coin is trading positively over the monthly chart,BCH on the verge of the golden crossover.

BCH 🚀🚀🚀🚀🚀🚀🚀

https://www.youtube.com/watch?v=EK_LN3XEcnw
Lou Bega - Mambo No. 5
 

https://github.com/joshbenaron/arweave-standards/blob/ans104/ans/ANS-104.md

Abstract
This document describes the data format and directions for reading and writing bundled binary data. Bundled data is a way of writing multiple independent data transactions (referred to as DataItems in this document) into one top level transaction. A DataItem shares many of the same properties as a normal data transaction, in that it has an owner, data, tags, target, signature, and id. It differs in that is has no ability to transfer tokens, and no reward, as the top level transaction pays the reward for all bundled data.

Motivation
Bundling multiple data transactions into one transaction provides a number of benefits:

Allow delegation of payment for a DataItem to a 3rd party, while maintaining the identity and signature of the person who created the DataItem, without them needing to have a wallet with funds

Allow multiple DataItems to be written as a group

Increase the throughput of logically independent data-writes to the Arweave network

https://twitter.com/samecwilliams/status/1428937858199564289
Heroic joint coding session between
@jbenaron9
 and
@Hlolli
! It is 6am in Europe, but ANS-104 is now live on http://arweave.dev. 🙇‍♂️🙇‍♂️🙇‍♂️
Proud to present the first llamas on the Arweave network to be bundled together into a single TX:
http://arweave.dev/JngBX_RmJjd4WV8ixdKB_rlf7z3KuJB6HJIRn500kao
It begins... 🚀


 

A smart move now would be to grab as much BCH you can before it smashes past $1k and towards a new ATH.

https://www.newsbtc.com/news/company/in-the-battle-against-censorship-this-project-turns-the-tide-on-the-big-tech-monopoly/



Arweave getting so much worldwide media attention, combined with some really impressive upgrades ,more blockchains using Arweave DSN and more users everyday....HODL TIGHT.






 

https://twitter.com/samecwilliams/status/1428516686366380037
Peter Greczner@TheCryptoPeter Aug 20, 2021
Replying to @samecwilliams @SollamasNFT and @solana
$0.37 for all 10,000 files and synced permanently? Or the transaction cost was $0.37 and there would still be roughly $0.02 per image to sync permanently?



Sam Williams
@samecwilliams
In this case, the whole bundle including all data cost $0.37.




10k files and potential for millions being bundled...for 37cents!!!!...
Very very impressive.
👏👏👏👏👏

Check this out    

https://twitter.com/samecwilliams/status/1428511989433786370
Want to see something cool?

http://arweave.net/bfquwFXgNsPUhnrnZJj2xaYQjUrOWUUErSc7V5MwCA0
This is 1 of 10,000 files (metadata for
@SollamasNFT
 on
@solana
) written to the Arweave in a single base layer TX 🤯.

It cost $0.37 and synced atomically, in just a few minutes.

How? A deep dive 🧵 on storage scalability



https://twitter.com/samecwilliams/status/1428511998191542273
These bundles allow essentially unlimited numbers of files to be written to the network at once.

It enables a blockchain storage network that scales _far_ beyond the present requirements of Twitter, Facebook, and the rest of the web, combined.  

https://twitter.com/samecwilliams/status/1428511999835660292
Bonus: bundlers can also pay on behalf of their users -- or let their users pay them in different currencies (USD, $SOL, $ETH, $BTC, etc) while they cover the $AR costs.



https://twitter.com/samecwilliams/status/1428512001551179782
The theoretical limit to data that can be stored in an Arweave bundle is 2^256-1 bytes.

But thus far, the Arweave ecosystem has only utilized a bundle spec optimized for small files (like the example above).
This changes tomorrow.  







Boom Boom time for Arweave guys  

Its happening
Hodl tight

       

Huge move over $100 for Arweave incoming 
             

Hodl tight.....

https://akord.com/blog/permanent-data-storage-is-inherently-social

https://twitter.com/MechanismCap/status/1427759283786092551
1/ We've recently established a position in Arweave ($AR)

A thread on some of our research, and an update on the current state of
@ArweaveTeam


https://twitter.com/MechanismCap/status/1427759286525038596
2/ Amid all of the noise from the past few months, a decentralized data storage protocol has quietly established itself as essential cryptoeconomic infrastructure for:
-Web3 Apps
-NFTs
-PSTs
-State Storage