/biz/ - Business & Finance

https://csrc.nist.gov/CSRC/media/Publications/nistir/8202/draft/documents/nistir8202-draft.pdf

page 41

learn the truth about bitcoin cash today

>>7466843

Bitcoin cash is a fork of bitcoin with a higher blocksize and room for on-chain scaling. Nothing really "evil" about it.

People are against it because:
A) if it wins they lose a fuck load of money
B) they fell for the bigger blocks are centralization meme
C) don't understand how Segwit works
D) don't understand that LN isn't blockchain, also its vaporware. Its also on Mainnet and unstable, literally losing people money.

Its complicated. Both the current BTC and BCH are forks of the original bitcoin. BCH is more in line with the original design of bitcoin which is why some people say that it is the real bitcoin but the group of people who forked BTC think that following the original design will lead to scaling issues and want to implement a second layer on top of bitcoin called Lightning Network.

>>7466911
more like BCH is the original blockchain with bigger blocks allowed as of august 2017. i wouldn't entirely call it a fork.

BTC is not the real bitcoin.

>>7467106
lol are you retarded ? BTC is softfork is backward compatible with original blockchain. BCH hardforked and has replay protection. idiot

>>7466843
Just use nano ez

>>7467258
https://cointelegraph.com/news/fork-fail-us-government-claims-bitcoin-cash-is-original-bitcoin

Shitcoin Gash

Bitcoin Cash will destroy Bitcoin.

>>7466843
they say its evil because of roger ver who is a total ninny

It's the better Bitcoin,ez. Bitcoin core holders just FUD it because they know they are going to be stuck bagholding.

more like bilderburg core amirite

>>7466843
corecucks just spread FUD about it because they know the flippening is going to happen this year

>>7466843
The problem with bcash isn't the coin per se. The main problem is the bcashies, they are a bunch of lunatic shills that wants to ruin the entire crypto scene so bcash is the only coin remaining.

>>7467431
So BCH destroys itself? Nice.

>>7467820
>a dedicated loyal fanbase
thanks just bought 100k

>>7467258
as soon as blockstream started implementing off-chain shit, BTC stopped being bitcoin.

on-chain. peer to peer. that's the real bitcoin.

and remember blockstream has the patented™ Lightning™ Network™ for your off-chain needs.

It's not shit but there are way better altcoins than bcash

>>7466843
btc merchant adoption is shrinking bch adoption is growing
there is not a single reason to cap blocks at 1mb (non mining nodes do nothing)
segwit destroys the mining nash equilibrium incentivising the collusion of miners to change the UTXO without owners signatures. https://m.youtube.com/watch?v=VoFb3mcxluY
You can only trust jihan and roger to not be doing this right now.
why introduce segwit before a blocksize increase when lightning network requires 133mb as specified in the lightning network whitepaper
why introduce segwit at all when it is not necessary for second layer solutions
lightning network will not be decentralized because to solve the routing problem is NP hard
why would anyone want lightning network when it is not a decentralised ledger? the whole point of bitcoin is to scale on chain as that is what makes decentralised uncensorable money which can free all the people in the world from the financial repression of central banks

>>7467931
It was a steal at under $1000

>>7467975
And there it is, a shill. Be careful with this coin, anons, invest wisely but never trust 100% in this coin. There is some shady shit going on.

>>7467977
I wouldn't recommend it to anyone and won't invest more than what I still own from the fork. Manipulative and deceptive marketing and that's usually a sign of their intention.

>>7467757
I don't know that the "flippening" will happen, core is backed by globalists so they will keep it alive, but for me its a principle thing. BCH really is satoshi's vision, that's not just a line. If BTC cucks tell you otherwise they are shilling or retarded. Soyboy BTC shills don't even know why they think what they think.

>>7466843
there's a lot of propaganda against it
i wonder (((why)))

>>7468034
No, bcash is not satoshis view. Only block size is but there are other alts with same goal

>>7467886
>trust no one, not even yourself

>>7468122
>i want onchain scaling with sidechains and second layers being pursued later
btc
>no on chain scaling and only vaporware solutions
bch
>on chain scaling with vaporware solutions being investigated but not relied on
Interesting.

>>7468010
Nice argument

Bcash followers are a cult that deceive newcomers with the bullshit "Bcash is Bitcoin" through Bitcoin.com site, /r/btc subreddit and @Bitcoin twitter handle. They deserve to hang.

>>7467258
>implying bitcoin hasn't been hardforked all the time

>>7466843
BCH bag holders fell into muh big blocks meme, lack any imagination and definition of brainlets.

Also due to sheer heaviness of their bags, they are salty as fuck.

>>7466879
I'm so glad you retards are using this.
Please keep shilling this rough draft as the authority on which is the real bitcoin.
I'm sure you'll accept it just as you have here, when the final draft comes out.
I promise it won't say the opposite.

>>7468213
Nice argument

>>7468353
well then it's just a case of the establishment rewriting it because they're afraid of the real bitccoin because they dont control it. see, it's easy. use an official source when it verifies the claims i believe, and then when the official source claims otherwise i denounce its fake news establishment propaganda. either way its a win for bitcoin cash

>>7468122
bcash is a fork of zcash. the fuck are you on to

Satoshi envisioned a layer 2 solution like the lightning network.

https://lists.linuxfoundation.org/pipermail/bitcoin-dev/2013-April/002417.html

Bitcoin is like the low level tcp/ip stack where higher level solutions can be built on top of it.

BCash was a poor, quick, and dirty temporary solution that will be made pointless as more and more gets built on top of biticoin.

Yes it does suck that you can't use bitcoin with low transaction fees until the 2nd layer solutions mature. However increasing blocksize is only scalable to a point and once the blocks get too large, there becomes a real risk of centralization.

I would even argue that maybe increasing the block size was the correct temporary measure, but this does not mean you split the community in two. Majority consensus is important in any open source community.

I'm sure people will continue to use both BTC and BCH, but Roger Ver and his ilk can go fuck themselves for claiming that their fork is the real bitcoin when it is false on its face.

>>7468505
>he thinks Satoshi was talking about removing signatures from transactions to open centralized cross channel payment systems that almost never settle on the blockchain

LN isn't the same thing as what Blockstream lvl3 LN is doing.

>>7467975
this

>>7468458
sounds about right.
cashcunts are the most dishonest cunts of the shitcoiners.

>>7466996
>vaporware
>running on mainnet
>people modified the (open source) code to make it run on mainnet against the devs wishes
>LN was invented by SATOSHI
cashcunts are actually this retarded everyone.

>>7468783
yeah buts it is the real bitcoin so they're not lying about that

They want to destroy the value of the marketcap by destroying bitcoin itself

>>7468465
Go back to r/btc u fucking brainless idiot

>>7468910
see>>7468679
Blockstream are developers, so certainly wasn't against their wishes (the opened the first Lightning store, you dolt). Enjoy losing your money though.

https://twitter.com/starkness/status/953434418948927488

ETH down too and BCH has higher mining reward

>>7466843
Blockstream is backed by banks, you can read it from trusted sources, not FUD websites. They are forcing you to use LN by keeping the blocks 1mb, we will be paying fees to banks, the same you do right now, there is no technology in cryptocurrencies with the years of proven experience as Bitcoin. Bitcoin trolls are just afraid, and not supporting the root motivations of bitcoin, they just want the moon, but they are mooning banks, i mean literally. Bitcoin Cash is working on-chain as a peer-to-peer electronic cash. Is probably the best coin on the market right now, they are doing 13k tx/s on a 5mb block on testnet. There is a lot of FUD right now against Bitcoin Cash, but do some research you will be not disappointed.