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Countdown @ https://cash.coin.danceWhat does /biz/ think of the protocol upgrade (hard fork) of Bitcoin Cash happening at 4:00PM UTC? What effect will this have on the price of BCH? Do you like the upgrades that will be deployed in the protocol upgrade?Some links:- Bitcoin Cash protocol upgrade on May 15 -https://blog.btc.com/bitcoin-cash-protocol-upgrade-on-may-15-2019015d05e4- May 15th Network UpgradeBitcoin Cash is adding opcodes and 32mb blocks -https://www.bitcoinabc.org/2018-04-01-upgrade/- Upgrade Time: Bitcoin Cash Plans a 32 MB Hard Fork -https://news.bitcoin.com/upgrade-time-bitcoin-cash-plans-a-32-mb-hard-fork/
>>9436860Nothing makes sense in this market so I'm not counting on any moon shots. Still happy about bitcoin cash growing into usable money.
>>9436887Slow and steady wins the race
I was unironically gonna say "whats the fork for? 32mb fucking blocks"? turns out i was right, these bcash fucks are hopeless..>LARGER BLOCKS =/= HIGHER PRICE
>>943740932 is max though and the nodes can handle it. The fact that BTC has 1 and can handle max 7 tx/s is plain retarded.
>>9437409Larger block size limit ensure that when there's a massive increase of TXs, adoption won't be stifled by an artificial cap. Block cap should always be ~100x current usage, and eventually should be phased out entirely. More usage = higher price. That's the goal with BCH.
It's happening tonight boys, strap on in!We gonna past BTC by a long shot!
Do you unironically know someone who was early adopter who still holds and doesn't support BCH now?
>>9437433Everything in BCore is tetarded, like "don't trust, verify" is one of the most tech ignorant things, no one gives half a shit if you found a block which doesn't follow the protocol.
>>9437433>>9437444>>9438202>>9438215>>9438249I heard ANTIFA is starting to have bcore meet ups now.
>>9436860Bitcoin Cash will make us all rich! It's the real Bitcoin!!
can't even fill 1mb of the current blocks and they are upgrading to 32mbnothing more than marketing to brain dead retards who think more ram makes a computer go faster
>>9438215this is irony, right?
>>9438335>market dominance oh look, a Brainlet who cant into simple multiplication and division
>>9438404"ram makes a computer go faster"But it does! I just got a Solid State Driver and it made my whole PC faster! You Bcore cucks are retarded.
>>9438414of course, does anyone think blockstream are the only contributors to btc development? Lmao "one dev team", I almost passed myself laughing at the pure ignorance and stupidity of bcash shills
>>9438428Blockstream has complete control though, and whats even more ridiculous is that the Lightning Network gives the fees directly to Blockstream.
>>9438460they literally have zero control.you fucking faggot.>whats even more ridiculous is that the Lightning Network gives the fees directly to Blockstream.who tells you this?holy fuck anon, LEARN SOMETHING FUCK
>>9438426A solid state drive isn't ram you fucking pajeet retard.
>>9438593Then what is "ram" corecuck? Lol you scammers get triggered so easily... >>9438582Who tells me this? Facts, real facts based on reality not scams - I have done over 10 hours of research on this topic and I consider myself a expert on the topic, I feel sad you spread such hatred and fake news on this world.
>>9438249This is a dangerous strategy. I see what you're trying to do. You're saying things in a jingoistic way which appeals well to stupid people who mistake confidence for accuracy, and therefore will believe the nonsense you just said. The problem with that strategy is that it's correct, you will actually convince the idiots with that stuff. And they're presently all on the core side, so you're shooting yourself in the foot. It will convince absolutely nobody on the BCH side though, because as the minority that only values correctness over confidence, we can see you're simply full of shit.You should go back to lol bcash.
>>9438656kek.keep up the good work anon, i'm sorry i doubted you.
>>9438705not really since btc did a 20x from the point where it started losing "market dominance"and 1000 shit coins were created and valued entirely off the performance of btc
why are cashies so keen on pushing the word "upgrade" for forking? is it to convince people that bcash was an "upgrade" when it forked from btc?forks can just as easily fuck everything up. like when some bcash supporters tried to push through the s2x fork to divide and conquer btc chain, but were so inept at coding that they left simple iteration bug that froze the forked chain at fork block.
>>9438460Bwahaha yes anon sure...their ln implementation is the shittyest one and people are gonna probably use the ln labs one but blockstreem will still get the fees, also babyes are going to die because of it
>>9439000Because that's what it is. Just because maxwell lied and coretards bought it doesn't change the fact. The real truth is that *not changing* when it is called for can fuck things up just as badly as changing badly when it's not called for.Coretards managed to fuck both of these things up at once, permanently canceling an essential change that was always the original plan, and replacing it with an unnecessary change that actually destroyed the essential value of the product, to the point where it flatly is not what it once was anymore, that being peer to peer electronic cash.
>>9439032how is btc not peer to peer digital cash? more people use it as peer to peer digital cash than bch...
It's what BCash is trying to be like but never will.
>>9439045Lightning network is designed as staked and routed hub and spoke network, that is, it is designed to recentralise the previously decentralised product. You are observing that people can use the decentralised fraction of the capacity of the system, whilst failing to note that capacity is restricted to such an extent almost nobody can use it without causing massive fee inflation. If the system gains traction it doesn't threaten the banking networks of the world because they simply take control of the spider they built on top, knowing that basically all transactions will be forced to go through their centralised network due to artificial capacity constraints on the original network. At that point they have control of the transactions and the money again and can implement their classic fractional reserve scam and it is business as usual. All the while useful idiots that have no idea what's going on cheer their own enslavement, and rage at those fighting it and keeping them actually free.
>>9439149>lightning network post discarded right there lightning network is a secondary layer it's not bitcoin Bitcoin is not LNso I ask again, why isn't bitcoin peer to peer electronic cash?
>>9439169so I read your post again>restriced to capacity almost no one can use it except everyone that uses it? btc costs cents to send on the next block, look how many more translations there are than bcash trash even doge has more tx than bch
I think some traders buy before any fork in case of free coins, but this one will go smoothly and the price will drop afterwards.Long term very bullish for BCH.Short term I think more sideways is needed.HOWEVER: The market can take off at any time and I could get proven wrong.The untapped wealth of BTC that could easily switch to BCH once something 'happens' is like a pile of dynamite just waiting to be lit. Someone on here was talking about pending lawsuits earlier.. and I'm hearing noise on other chans about lawsuits in other areas as well.. I think that the next couple months will be interesting.. but over the next week or two? Probably not so much. Don't quote me on it.Just buy when you can and hodl.
>>9439169because it's unusable?
I loaded up BCH for this, but the market seems to not care :/
>>9439210and yet more people use it than bch?
>>9439231Traders like you are probably why the price is headed down short termDon't quote me on it.
>>9436860The controversy between bitcoin and bitcoin cash will rip tgem both away from the #1 spot. You win when you show you have the best tech not when you gave a shit tgrowibg competition over who is the real bitcoin. The name does not matter. All that matters is the tech so tgey should advertise their own tech. Period.
>>9439267No one gives a fuck about the shitflinging on the chans. Real work is happening behind the scenes. Winner will be decided by adoption and the market. Long term.
>>9439237The problem is that right now Bitcoin isn't used very much at all.It was used a lot during december/january and the network got totally congested. BTC does not plan to raise block size to avoid this situation again in the future.BCH is already able to sustain the december/january needs with 8mb blocks and will go a step further with 32mb blocks.
>>9438404Bitcoin never needed more than 1mb (ish) per block, until it did... and then the network had constant 230k unconfirmed transactions and fee hike. It made every critic's claim that it can't be currency valid. It showed all it's flaws and the only response to this was off chain scaling and 2nd layer settlements... potentially effective but not imminent and certainly not intrinsic to Bitcoins ethos.This sentiment is exactly why BCH exists and needed to fork off, because what was good once under limited use, won't always be good under heavy use. Have a little foresight and extrapolate the effect of heavy traffic.
>>94392841GB blocks and 1 million dollar coins.
>>9439284btc had 209,000 transactions yesterday.dogecoin had 23,400 bch had 19,000.nobody at all uses bch...
>>9439304With current number of transactions I get it, why even bother with something else?BTC can handle currently max about 600k tx per day.Now image during the next bull run there will be a need for 6 million tx per day. That means most people will be left unsatisfied and looking for alternatives.
>>9439169> post discardedThank you for illustrating my point that people duped by core are raging to the point of prideful ignorance. A "secondary layer" that processes the vast majority of service transactions is in fact a primary layer. Saying otherwise is to assume you have a modern transportation network because you have a single length 5km hyperloop track to service a country the size of France and the "second layer" is millions of horses and buggies. That which processes the majority of the transaction throughout is in fact the primary layer. The core blockchain is actually now a secondary layer, and an extremely artificially limited one at that, equivalent to not more than a fire trail.
>>9439184> btc costs cents to send on the next block,Only when nobody is using it. When people actually try to use it in even barely more than the 14kbps total throughout capacity, fees shoot to 50 USD plus per transaction. I'm sorry you've been duped, but it's a simple undeniable fact that it has been sabotaged.
This is what desperation looks likehttps://txhighway.cash/
>>9439322aaaany day now it might pass doge!!! much wowvery history>>9439385>sabotagedsatoshi himself put the 1mb limit in himself quietly without telling anyone.prove me wrong.
>>9439373Yes. I realise you're out of arguments. But thank you for making it clearer.
>>9439416OK >>9439422https://bitcointalk.org/index.php?topic=946236.0;allThis has been going on a long time and nothing in saying is in the least bit controversial. Core has been sabotaged. Deal with it.
>>9439385tx never cost more than $50 even during peak if the congestion u was still getting through at $20
>>9439451maybe since your butt buddy craig claims to be satoshi, he can explain to us why he did this in his own words.
>>9439509That's a lie. Also it's irrelevant to the simple fact that for any actual genuine on chain throughput the entire network collapses. There couldn't be a better insurance policy against bitcoin for the banks than that. But they're going to lose anyway because cash has fixed the sabotage, and they have no power on any chain they didn't blow 70 million in direct investment and countless more in astroturfing and wash trading to sell their nonsensical narrative.They're dead any way you look at it. The only question is who goes with them.
>>9439602Saved, so much bullshit from these idiots these days I'm going to run out of space saving all the evidence they're lying. Thanks for fighting the good fight anon.
>>9438335Really, are you cores that fucking despret at this point? Saying anything at all you can think of to *trigger* people? kek
>>9439416Satoshi put in the 1MB limit to prevent poison block attacksaka someone miners a single 1MB transaction which chokes all other minersattacking miner gets a head start on the next block while others are still validating the poison blockthe poison block cause was solved LONG ago, it's not possible anymore.1MB limit is not needed anymoreAs a 2011 Bitcoiner now fully in BCH, i want BTC to keep the 1MB limit.It just helps us win.
>>9439628No worries mate. At this point I've come to the conclusion that in order to win, all we have to do is wait.
>>9439520It's over. You lose. The historical record is clear on the fact that the 1mb limit was temporary abs removing it was part of the plan until Greg maxwell sabotaged the network. Nothing can hide this.
>>9439304that's 10% of BTC transactions.
>>9439584it's not a lie... muh $50 fees is a lie bitcoin has the second most use of any coin (first being eth with erc20 shit coins and Ponzi games)bcash has no use at all and it's hardly faster or cheaper than btc on its current state (ignoring zero conf scam transactions)>>9439602avg and it's still bullshit in Jan I was getting transactions through on the next block for $5
Save the old bcash chain!!!!Bitcoin Cash Classic is the REAL Bitcoin Cash!!!
>>9439833> I'm not lying in thread which has graph that proves that I'm lying.gas yourself cuntface.
>>9439863>average (sum of all fees divided by number of transactions)>What are exchanges and mining pools paying highest available fee bcashies this stupid
>>9438215>almost no innovation in planmy sides
>>9437409>why 32mb blocks goy>you won't need 32mb blocks goy>how can I subvert 32mb blocks goy, it's impossble!Jeesh guys we better not increase the block size
>>9439833The potential usecase of cryptos is one world currency.BTC doesn't even try to be that anymore, BCH is aiming in that direction.
>>9439863Comparing Bitcoin cash to the Nazis.How did that turn out for them? Didn't they loose?
>>9439936Here's what I think they're going to do next. In the past few days since the last difficulty adjustment, about 5-10 exahashes of phantom capacity have been "attacking" the BTC block chain in the form of disappearing and reappearing at moments that push the difficulty adjustment out and make it look like actually it's BCH that is attacking BTC.The current hashing capacity of the BCH network is about 5.6 exahash or so, if a significant fraction of that phantom hashing capacity is employed mining blocks on the old BCH network post the 32mb fork, the economic majority nodes and all of the nodes which have properly upgraded will be split from the SPV wallets which will follow the longest chain still mining the old blocks maliciously.Core can milk that for a while while it looks like Cash incompetently managed the fork, get the reputational damage done, and then go back to mining the BTC chain for their rewards, having widely publicised the perception that BCH was incompetent and that hard forks are dangerous and we should all bow and follow our one true lord One Meg Greg.
>>9439977Well, not having to live in a world full of lying subversive cunts who want to enslave the rest of it could not be said to be entirely a loss. The very fact we're presently even discussing another one of their attempts to subvert and enslave is illustrative of this.At any rate, I don't give a fuck about politics and consider it the pursuit of small minds, all states must die, anarchocapitalism or bust, I simply view the right as superior to the left if I am stuck in a group of people that absolutely positivley must have some form of authoritarian dictator.
>>9439915Accurate minimum fee estimation is an unsolved NP hard problem, demonstrated by Mike Hearn three years ago, thus the practical actual fee that you need to issue to guarantee inclusion in the next block must be much higher than that, and you can observe what it actually is by looking at the empirical data evident in that chart.But, you're an idiot, so probably don't understand what that even means.
>>9440099Yeah, live free or die is so edgy it's been a rallying call of basically every successful society in the past few hundred years. I'm such a rebel, and you're such a square. Don't you have an overlord boot to lick somewhere, slavegirl?
>>9440097that graph is skewed by exchanges and mining pools getting ahead of everyone else you're an idiot and typing like an autist doesn't change that
>>9440114I point out you are too stupid to understand the cause of the observed trend.You repeat your assumption invalidated by the observed trend.Thank you for proving my point.Kill yourself. Nobody who understands you wants you alive.
>>9440129gibberish gibberish gibberish i use btc every few days and I've never payed above $30I got stuck once for 8 hours, but I've had worse experiences with eth
>>9440107I support your view. I see the government as another form of parents>don't do this>don't do thatFor 90% of people that is OK, they actually need parents all their lives.But for the rest it is fucking annoying and we have had no choice but to live with the same rules.With crypto and anonymous tech it will be possible to transcend the government control once you're ready for it.
>>9440167Arguing that your anecdote trumps historical data while trying to make the case that your opponent is spouting gibberish.Yeah, ok, I think I'm going to leave it at that, you're a lost cause and you will never even understand your own complete worthlessness. Your existence is punishment enough, I sentence you to yourself for the rest of your life.
>>9440210Exactly, that's the real vision of all this, and that's why I'm here. To destroy the state and central banks. Those fuckwits that need parenting through their entire lives can get it from an agency that doesn't simultaneously insist on enslaving all of us who don't. Not negotiable.
>>9440219your historical data isn't accurate keep acting like it is though
>>9437391hells yeahi think all that's needed for BCH to skyrocket is for BTC's mempool to get overloaded again. a lot of people just don't remember how bad it was in december.
Why isnt bch mooning? Gemini added it and its getting an upgrade today....
>>9440928there's been a slandering campaign going on for six months, i'd be surprised if half the people that are into crypto actually know about it
>>9440987nice civ. Turks?
>>9440992not sure, not my own screenshot
what ever happened to the bch killing the btc FUD these cashie shills were promoting 2 days ago?oh... nevermind. Cashies BTFO!!! suicide hotline 1-800-eat-shit.
Way too funny watching both bitcoin brainlet camps arguing. In 5 years both of those shitcoins will be nothing but a footnote in crypto history.
>>9441127If you genuinely can't see a quality difference between them then you are the biggest brainlet in the thread. At least cashies know their coin is shit and just want to shill their bags.
>>9441127Just no. Stop trying to pretend your fisher price blockchain is going to take over the world. South Central bloods raising their flag over Fort Knox, Washington, Beijing and Moscow is just as likely. You don't fucking understand the nature of blockchains. They're not smartphones, they're supercastles.
>>9441127The funny thing is you actually believe this. Bitcoin (BCH) will retake dominance, Bcore (BTC) will continue it's intentional slide into irrelevance.
>>9440987>>9440992I think that's the Saracen wonder on the left
>>9441178i haven't seen anything happening on the BTC fork for a long time. everybody just seems to be in "wait for lightning" mode
>>9441210Not just waiting for lightning, aggressively and quickly developing it. https://shabang.io/The reason you think no one cares is because no one is invested "in" lightning, so they don't pageet shill it, but rest assured if some low-cap ICO had the development of LN it would be frontpage of biz all day, every day.
>>9441320This guy is a paid shill, as you can tell from the low quality of his shitposts. Lightning will never be able to function, has has already been proven. This piece of shit does not scale. When it eventually becomes apparent to the masses the story will change and a new method will be implemented to further turn Bcore into a banking layer. This is why nothing else is occurring on the Bcore blockchain.
>>9441385Let's not forget one of the best arguments against BTC is actually the hypothetical he ventures; that Maxwell'a vision was split out from Satoshi's vision to be independently valued by the market.The reason that argument hits so hard is because everyone actually knows exactly what that valuation would look like, and it would unironically make Freicoin look good.
>>9441385Literally every single sentence a verifiable lie. Why even bother typing that out? The already functioning lightning network: https://explorer.acinq.co/
>>9441178>The funny thing is you actually believe this. Bitcoin (BCH) will retake dominance, Bcore (BTC) will continue it's intentional slide into irrelevance.How exactly? BCH plans for large blocks involve considerable centralization, potentially more serious than than any complaints about LN centralization. To reach Visa card levels of transactions the BCH network would be confined to massive data centers from platforms like Amazon AWS, MS azure and alibaba cloud services. Once confined to those it can easily be censored and people will only be able to access money through thin wallets provided by 3rd parties.Satoshi cited moores law in regards to blocksize scaling however this was factually incorrect, internet speeds and storage do not grow in line with moores law. BCH does not have a reliable scaling solution unless it is to become as centralized as something like ripple. Adding smart contracts and eth features will only exacerbate the issue by filling the blocks with data that isn't cash transfers. Additionally BCH will consume more blockspace per TX than BTC and the majority of altcoins as they removed segwit.
>>9441498I didn't lie. I said it wouldn't scale, it can't scale. It's fucking garbage. You piece of fucking kike shit.
>>9441534Explain how large blocks cause 'memtralization'Also explain how a private business utterly controlling every aspect of Bcore's development is not centralized.
>>9441534> To reach Visa card levels of transactions the BCH network would be confined to massive data centersThat's a lie. Bandwidth analysis in question was done two years ago by Satoshi based on current capacity and it was doable even then. The hypothetical centralisation pressures coretards speculate on have no actual evidence at all and only even theoretically manifest at orders of magnitude above visa scale networks, whilst the very real empirical centralisation pressure that the lightning network represents is *how it is actually designed to work*. Core was sabotaged and the only people still there are idiots or shills. End of story.
>>9441582Ten years ago
>>9441560>Lightning will never be able to function, has has already been provenThat's what you said. Here is LN functioning right now, not even the future, RIGHT NOW.https://explorer.acinq.co/You're a dirty fucking liar. But that's expected from cashies.
>>9441601Posting a pedophile's opinion isn't likely to sway mine, kike.LN is not functioning right now.
>>9439833>it's not a lie... muh $50 fees is a liehttps://bitinfocharts.com/comparison/transactionfees-btc-bch.html#6mWrong.
>>9441622LN is functioning right now.
>>9441632Not correctly it isn't. Devs are still actively dissuading people from using it due to transactions failing.
>>9441632>tfw you carry a raspberry pi full node around with battery backup and satellite uplink so you can maintain your open lightning channel so you don't lose your bitcoins
>>9441674>>9441678Yes correctly. Lightning network is working right now. There's nothing to debate. https://explorer.acinq.co/
>>9441632LOL no it isn't. Just because a payment or two has been received via the network nodes makes it functional, you're very mistaken. Having said that, the fact you need to remain online is absurd. The fact you need to store money in a channel and periodically close the channel causing two $50+ transactions is also extremely unfeasible. Since Blockstream are well aware blocks must be larger to drop the cost of opening a channel the only solution is larger blocks, and as we're well aware that is simply not happening under any circumstance. The only conclusion an intelligent person will see is LN is designed to fail to force a hardfork to something that closely represents the current banking system.
>>9441704that says TESTNET on it tho
>>9441704There isn't anything to debate. The kikening network is not functional.
>>9441320I've read up on lightning and not only is it very complex to use compared to just using bitcoin itself, but transactions fails half the time and judging from how routing works it'll only get worse the more people that use it.If anything I'm in the "depression" stage due to how much of a setback crypto has had being forced to wait for lightning. Then I'll move on to accepting that BTC will not recover.
>>9441768There's nothing to get upset about yet, you can 6x your Bitcoin by selling Bcore atm. Although I would have expected Bitcoin to be worth 50k or more by now if it wasn't for Blockstream/AXA/Mastercard's meddling.
>>9441704LN is *worse* than broken.It's sabotage exactly as people are saying. LN transactions are designed to be centralised. Look, you understand that if the core devs whose balls you do desperately want to gargle suddenly said "lightning actually can never work but also blockchains can never scale. So as a consequence we're going to keep the on chain throughput at 13.33kbps forever and whatever fees go to is what they go to, and we recommend the use of PayPal or mastercard as a second layer " that would obviously be sabotage right? Those networks are no more centralised than LN, so why do you view artificial restriction of on chain throughput as acceptable in that context when it's the exact same fucking effect?
>>9441601>LN is not centralized
>>9441320>https://shabang.io/uh why is the number of channels different from what's listed on https://p2sh.info/dashboard/db/lightning-network?orgId=1also different from https://lnmainnet.gaben.win/in fact none of the numbers match. what kind of network is lightning if you can't even measure it accurately...?>>9441812I sold 2 BTC for 20 BCH earlier. Still holding a few BTC but I'm actually on the fence whether or not I should convert those as well... Really don't see a future for BTC but I'd kill myself if it turns out I was wrong 5 years from now.
This can't be emphasized enough. Lightning was literally designed to be just as centralised as the rest of the banking networks.
bcash was a mistake
>>9436860if technology was all that matter we would use ETH or literally any other altcoin instead of btc.Bitcoin cash may be better than bitcoin (((core))) but it will never become Bitcoin and muh satoshis vision wont change it, no matter how hard you shill it. Just get over it.
>>9441870I can understand that. I sold all my BTC even before segwit2x 'failed'. I could smell the writing on the wall a mile away.I was actually disgusted hearing about this block size 'debate' back in 2015 and nearly sold everything it was so fucking ludicrous and obviously still is. With all the projects in the BCH pipeline I just can't see a future where BTC is relevant anymore.
>>9441897>no matter how hard you shill itThat's why BCH has a chance to win - the shilling is through the roof. It's probably the fastest growing crypto payment method
>>9441573>Explain how large blocks cause 'memtralization'>Also explain how a private business utterly controlling every aspect of Bcore's development is not centralized.The challenges with keeping every node and miners synchronized with huge blocks is immense, you quickly reach a point where you need servers with SSDs in RAID or the entire chain loaded into ram just to be able to run the node. Ethereum has already reached the point where it pretty much has to be run off a SSD or the blocks are generated faster than the computer can catch up. Accessing the actual data is much more IO intensive and doesn't get anywhere near the peak transfer rates of storage.With visa card level TX if a government decides to ban BCH you have no real chance of getting around it, you wont be able to turn on your PC and run a full node to bypass any ban on BCH servers. It's easy to test out, throw a few TB of pirated movies on a public server with no restrictions and see how long you can keep it online.
>>9441946What size blocks would you suggest require centralized servers? A few petabyte blocks? Exabytes?The fact is you can run gigabyte blocks in your average home PC today, without the coming BCH blockchain enhancements which allow a couple orders of magnitude larger blocks to be transferred worldwide without additional bandwidth or throughput requirements and you're what? Whining about an extra fucking megabyte? One fucking single megabyte? Fuck off you lying piece of shit.
>>9441937>btc chain will be destroyed by BCH>BCH will live foreverCome on, you're not even trying.
>>9441946I run a fully verifying Ethereum node on a USB 2.0 hard disk. You people lie do fucking hard it's unbelievable. It's disgusting. It really speaks to the magnitude of desperation in your camp when you're just ready to spew trivially provably false nonsense like that. You are so utterly fucked. And you deserve what's coming.
>>9442057Not an argument.
>>9441881>This can't be emphasized enough. Lightning was literally designed to be just as centralised as the rest of the banking networks.Complaining about centralization while promoting BCH makes no sense, it's literally Roger Ver and Jihan coin. It's debatable which is worse but for the moment BCH offers no real decentralization. There's other altcoins with better scaling options and decentralization, if BCH users cared about either they would have been promoting those. Also having Roger and Jihan controlling your money makes dealing with bankers seem appealing in comparison.
>>9441946With current tx/s and near future SSDs are not required.By the time there are visa level transactions in crypto, SSDs will be dirt cheap.It really comes down to this, we don't have to eternally run the network on computer hardware that we use today.
>>9441714>>9441722>>9441732>>9441768>>9441825>>9441833>>9441870Scream all you want retards. Lightning network is functional right now. Enjoy your big empty blocks. They're about to get a lot emptier.
>>9442120Wrong. It's the original architecture for the system based on miners validating peer to peer, you can deflect to personalities and try to character assassinate til the cows come home and it won't change the technical realities of the architectures a single iota. LN is designed to be centralised. Bitcoin is designed to be decentralised. End of story.
>>9442120It's literally fake news. Pic related. No one controls Bitcoin (BCH).Thanks for the shitpostHere's the door >>>/hm/ leave faggot
>>9442146The desperation of you sad fucks.
>>9442146LN isn't functional. You're in a Bitcoin (BCH) thread posting your lies for either of two reasons:1. You're an absolute corecuck & you're terrified of BCH.2. You're paid to shitpost by BlockstreamThere's literally no other reason for you to be here, I don't go into Chainlink/Vechain/ETH/etc threads and harass them because I literally do not care.
>>9442055Gigabyte blocks on a home PC? Hmmhttps://iancoleman.io/blocksize/#block-size=1000
>>9439345why would you buy bch now instead of waiting to buy in during next bull at 0.04 ish
>>9442078well, i meant that it was pajeet-tier shillingof course it is possible but very unlikely to happen
>>9442246https://www.youtube.com/watch?v=5SJm2ep3X_MThank me later. Also stop acting like we're actually going to be filling gigabyte blocks by next Friday.
Post yfw bch is obsolete after the fork
>>9442146Maybe you know why the lightning network stats are different across three sites? Small deviations I'd understand but they aren't even in the same ballpark...
>>9442332Also not an argument. You're just spewing nonsense. I'm done with you.
Where can I sell some bch domains?
>>9442190>It's literally fake news. Pic related. No one controls Bitcoin (BCH).>Thanks for the shitpostNo need to control mining when Roger can literally edit stuff during the constant hard forks. Having my BCH seized because I said bcash or something online isn't appealing. Eth has a similar problem, you're relying on them not to tamper during the fairly regular forks. At least Vitalik doesn't seem malicious, Roger appears disturbed while Jihan is ruthless and greedy, no sane person would trust either of them.
>>9442425Relying on them not to tamper? On a public fucking ledger? You absolute stupid fucking cunt. The agents that sabotaged the core network tampered so hard they "mysteriously lost" 21 trillion USD and you are fearmongering about tampering on a globally distributed public network subject to audit by absolutely anybody?You are clearly a paid shill. Nobody is actually this fucking stupid.
>>9442335>Thank me later. >Also stop acting like we're actually going to be filling gigabyte blocks by next Friday.Internet speeds aren't even increasing in many places. You can't go around screaming BCH can scale to Visa levels then say "oh we can't actually do it now, maybe someone in the future might invent hardware that allows us to do it."
>>9442493>Internet speeds aren't increasing in many placesWell fuck me let's cap the block size at 1mb for eternity. Jeez you really got me cornered with that argument corecuck
One block size increase in core would wipe out BCH forever, right?
>>9442491What core network? BTC network has been running since satoshi forked it very early on in development. Of course you will be able to see if a public ledger is changed, what exactly are you going to do about it?
Core sucks donkeys - nobody wants it they are forced into accepting it for the time being, BCA$SH will change all that in due time
>>9442620The core network presently consisting of the sabotaged fork of bitcoin trading under BTC.And what you could do about it is sell all your stake and move it to a chain that doesn't tamper. Which is what you obviously fucking would do about it, which is in turn why it will never be done.
>>9442383geez, why am I even trying to discuss? Then tell me why would miners completely abandon BTC? How low has btc price fall to make it happen? Why do you think there are not enough deluded corecucks who would keep btc alive until the next difficulty adjustment happen?
>>9442701Because miners mine based on profitability. If the profitability for BTC drops at faster than about 7 percent per day, it will lose miners faster than the difficulty can adjust to account for them, and it will freeze. It's very simple and indisputable.
>>9442547>Well fuck me let's cap the block size at 1mb for eternity. Jeez you really got me cornered with that argument corecuckCore refusing to do 2mb or 8mb blocks was stupid, however endlessly scaling blocksize is a poor solution. I'm also uncertain if there was any legitimate need for for larger blocks at the moment, back in dec 17 when fees peaked it looked as though someone was spamming the network with low fee TX, they conspicuously stopped after the coinbase BCH listing failed to pump BCH. Increasing block size would not have much impact on malicious transactions clogging the network, it just becomes cheaper to spam.
>>9442674>The core network presently consisting of the sabotaged fork of bitcoin trading under BTC.As I said, the most recent BTC hardfork happened back when satoshi did one early in development. You seem confused.
>>9442803I don't care what bullshit you're spinning. The soft fork changed the nature of the product, and the original non segwit chain ceased to exist, replaced by the segwit soft fork and the bch hard fork.
Bitcoin Cash is everything Bitcoin should be. Bitcoin failed as a world currency for everyone. If you believe in financial freedom, Bitcoin Cash is worth looking into.
>>9442701https://cash.coin.dance/blocks>The Bitcoin Cash blockchain is currently operating at 15.63% of the Bitcoin (BTC)'s difficulty.last time i checked this page it was 10%. higher difficulty means more miners have switched over.>It is currently 1.1% more profitable to mine on the Bitcoin Cash blockchain.the higher that number it is the higher chance of a miner jumping over to the BCH chain
>>9442853> eight years ago, an intelligent man made the point that bitcoin could not scale on chain to *every single transaction made in any medium or form for any purpose at all, every, for all the foreseeable future including micro, nano and other transaction volume*> therefore we need to permanently limit the capacity to no greater than 13.333 kbps and build a second layer that forces all other transactions into the hands and networks of the exact parties whom bitcoin was created to destroy.Kill yourself.
>>9442836>I don't care what bullshit you're spinning. The soft fork changed the nature of the product, and the original non segwit chain ceased to exist, replaced by the segwit soft fork and the bch hard fork.You can still use non-segwit programs and addresses as before. Reality doesn't care about your feels.
>>9442948Digibyte is everything Bitcoin cash should be. Bitcoin cash failed as a world currency for everyone. If you believe in financial freedom, Digibyte is worth looking into.
>>9442773Valid transactions are not spam no matter how many kikes tell you otherwise.
>>9443050Minus the capacity for the sabotaged segwit transactions, amplifying the sabotage of the previous legitimate transactions. The sabotaged transactions even get a discount.Reality doesn't care about your feels. Your shitcoin is sabotaged. Deal with it.
>>9443094They're extremely easy to spot, they're tiny transactions with thousands of outputs to bloat the space they occupy. I have seen the same used on BCH, you don't expect me to believe the time it was mining full 8mb blocks was just due to high demand do you? >>9443095These sabotaged transactions, have many failed or been hacked?
Btc small blocks cant even handle spam. Lmao imagine if a government attacked bitcoin this way. All they would have to do is clog up the network. They have the money to do it.
>>9443220Yes, lightning transactions fail all the time, even coretards make fun of themselves for it. And yes, it's possible to hack segwit by simply forcing a hard fork between the segwit and non segwit sides of the softfork chain. Segwit nodes will not accept the transactions as valid and will fork off, pre segwit nodes will accept them as valid because to them they just look like anyone can spend transactions.Further, the nature of LN as a second layer that holds custody of funds means that any vulnerabilities in that layer persist automatically over to the sabotaged primary layer. In conclusion just more evidence you have no idea what's going on.
>>9443238Big blocks don't prevent spam, if you control a large amount of mining you can spam to make money, you recover a portion of the fees spent spamming and the full blocks mean users pay dramatically higher fees as they fight for priority. Preventing mining centralization is the only real solution.
>>9443339Yeah, sure thing, try to spam BCH and see how far you get.
>>9443220I don't recall asking how many inputs a transaction has. If a fee was paid the transaction was valid, end of fucking story.
>>9442078Its funny how Bcash virgins are know making shitty knock offs of Bitcoin's memes and arguments. I saw one with the one from the matrix but with Bcash used instead. And now Calling it Bcore. Come up with something original for once. You will never dethrone the Chad Bitcoinyou are just being scammed by a Chinese man more shady than Sunny Lu and and the ManChild Ver.Fuck off Rajeet.
>>9443311Seeing as BTC hasn't hardforked I take it the segwit transactions haven't failed or been hacked? I'm not sure what lightning has to do with it, there's nothing to suggest BTC will be hardforked to exclude non lightning payments. Even if it were to happen there's no way to force users to abandon the existing chain, such a fork could only happen with large scale support from users, miners and exchanges.
>>9443417Your non-argument has already been countered, Rajeet.Refer to: >>9442190
>>9443369it would be extremely simple to write a script that just sends low fee low amount transactions from one address in my wallet to another address in my wallet.
>>9443417What's funny is this level of cope you cheap pleb fuck.
>>9443369Literally happened a few months ago someone filled the 8mb blocks for a while. Anyone can do it, write a script that sends 1 sat transactions with 10,000 outgoing addresses for 0 fee.
>>9443437Wrong. It could happen with a simple majority of the pre segwit total node hashing power. It would hard fork off all pre segwit nodes and they would be out of consensus with the post segwit nodes.
>>9443461Lies. It was tried for a very short period, had no effect, quickly subsided.
>>9443443No shit, but the effects would be negligible
>>9443461>0 feeanyone can spam BTC with transactions with 0 fees as well but they won't be saved in the mempool or even relayed across the networkjust like on the Bitcoin Cash network. contrary to popular belief it does actually cost 1 sat per byte to store a transactionfeel free to spam BCH and fill the 32 MB blocks, it'll only cost you *64500 USD per day (46.08 BCH in transfer fees per day)*= gives your transactions the same chance to enter the blocks as legit transactions, so you'd realistically have to spend 129000 USD per day in order to increase the BCH fee to a whopping 3 satoshis per byte
>>9443857There's no point in trying to explain to these people how 1mb blocks is a weakness and will ultimately lead to centralization because of market/adoption loss.
Just six more blocks now until the update goes live.
New ATH soon.
Careful, these people are malevolent toxic saboteurs, it's very likely they're going to try fuck up the hard fork. Watch the legitimate upgraded hash rate closely.
I'm guessing one of the miners is going to fill a 32mb block or at least push one over 8mb by spamming some transactions right? Exciting stuff.
they fucked it up, as expected. roger foaming at the mouth right about now
>When the coretards finally fuck off leading to better discussion >When core kicks the bucket, finally letting the cryptospace grow into a full fledged market. BCH at 50k+ because no fee marketFeels good lads
>>9444230someone will certainly fill a 32mb block just to test it or to show it can be done for the luls
3 more blocks....Everyone ready for a new king?
>>9444837always good to test
>>9436860Adam back admitting Blockstream Coin's purpose is to sell side chains. No wonder they wanted the keep the blocks size low.Such rertarded-ness at an ATH.In the attached image he even says side chains can't scale. LOL.
>>9445146corecucks on suicide watch.
Man, gotta love Peter Rizun's voice. I always start of thinking he's pretending until I remember that he actually always talks like that.https://www.youtube.com/watch?v=FlqqQwrl6-U
hm 40 minutes since the last block. almost starting to get a little worried.>>9445146this is true:https://twitter.com/adam3us/status/923309367260274688more people should see it
>>9445292it just hit, 3hr average went from 6 to 4.33
TWO MORE BLOCKS
>>9445375it's almost like a lot of miners stopped their rigs last hour just to troll people
4 minute block, short block after long block to return to mean, so ... expected.
>>9445411https://fork.lol/pow/hashrate looks regular as clockwork to me.
1 more block
ONE MORE BLOCK
last one was mined 10 minutes ago. this is it lads, hold onto something
lets all play>satoshidice.comto fill the block up only do the 1000x bets ;)
>>9445722I'm looking for any weird sudden enormous activity, I assumed that smaller scale would make it more obvious, I'm more technical than finance, is there a reason I'm missing why that would actually be wrong?
Block just happened ladsSays so on my electron wallet
>The Bitcoin Cash network has now been upgraded!HAPPY NEW YEAR
KANPAI!! Make a transaction now to be part of history.
>>9445866>The fork happened?>Claimed all forked coins
Finally, now BCH needs to get listed on Gemini then we can start to BTFO BTC.
Let's not suck each other's dicks yet gentlemen.The real test is what does the hashpower do now there is an actual divergence in the consensus rules.If we're all good it should stay stable around 5 exahash.
>>9445990Doesn't hashpower mostly just follow profitability?Speaking of which BTC has only mined 1 block in the last hour! lulhttps://fork.lol/
>>9446036Yes, when choosing between two liquid cryptos on an exchange, hash power will match profitability given the DAA equilibrium between BCH and BTC. *But* if someone is being a subversive cunt, as core have been known to be, they might throw some hash power at the old chain in order to confuse SPV wallets for example into following that one, rather than the new chain with the updated consensus rules, if they can dedicate say 2.7EH to that then they could fool SPV wallet while they keep it up.Or, who knows what other kinds of potential attacks they might have up their sleeves.They desperately want us to fail and they have proven themselves not above just plain lying (see http://bitcoinclashic.org/)
>>9446092Ah I see. Well in that case they'd need to act fast, right? Because after a few blocks it gets insanely harder to attack.
>>9446163Nope, the method I'm speculating on actually relies on writing to the "ended" side of the chain, what would otherwise have no activity on it has activity on it and keeps mining blocks and minting coins and processing transactions just as normal, so when an SPV wallet looks around for a node with "the most completed proof of work" if that side of the chain still has the most, the SPV wallet will think that is the legitimate chain, despite all the exchanges and mining pools and full nodes knowing better. It won't matter how many blocks get mined on the actual legitimate chain for that attack.If it happens, the sign will be dropping block emission rate on the legitimate chain and thus dropping hash rate and lowered observed difficulty.
>>9445870lulz, the block after was mined too quickly. only 6 transactions made it into that block.
>>9438215The most anti-BCH early adopter I know still holds all his BCH from the fork, he just wouldn't convert his BTC into more BCH.Most of the others are all in or close to all in BCH.
>>9446203Core attackers can't do this without leaving their own chain vulnerable and also such an attack would cost them money as well. I won't say it isn't possible, but I don't think anyone would be interested in doing it because the incentives fuck them all up.
STFU and start using it.
Well, I was hoping for a massive pump and nothing happened.Just sold.
>>94463032.7EH would not leave their chain that vulnerable. It would certainly cost, but it might be worth it to attack an existential threat. There doesn't appear to be a drop in the block emission rate anyway, it's going back up to the mean given the 4.33 average just before the fork. So we're probably safe.
>>9446615Well the whole market is down and this wasn't a cash grab "get your forked coins" scheme. This is better for long term growth and stability imo.
>>9436860HOLY SHIT OP CODES ARE PERMANENTLY LOCKING COINS IN ADDRESSES
>>9436860I'm still going with my long term prediction that BCH will drop to at least 5% of the value of BTC in around 20 days from now. Screencap this all you want.
>>9436860WHAT THE FUCK DO YOU MEAN EVERYONE ALREADY BOUGHT IN WHERE'S MY PUMP
>>9446703>payment sentWhat did he mean by this?
>>9445210he sounds like yogi bear
holy fuck people are abusing the op_codes to freeze addresses like what happened to ethereum parity wallet problem dear sir yes my dears
wow, BCH price has already climbed 45%
>>9446303>Core attackers can't do this without leaving their own chain vulnerableLMAO Bitcoin has nearly 10 times more hashpower than bcash, bcash could be 100%ed, never mind 51%, and Bitcoin wouldn't even notice the drop in rate.
>>9446875proof pls. Otherwise you and the other coretards can fuck off.
>>9446936Bitcoin is Bitcoin (BCH). Bcash is some kikery nickname for some altcoin.
>>9447003BitcoinCash is an altcoin.
>>9447072You're mistaken. Bitcoin Cash is unironically the real Bitcoin.
>>9446936No chance, that would definitely provoke a response from bitmain, and would probably end up fucking them completely as a result.
so bcash continues to drift further and further away from satoshi's actual vision.at what point do bcash late adopters stop trying to convince people that bcash is anything resembling what satoshi actually designed?
>>9446936the incentive isn't there.
>>9446875>>9446983>2 confirmations Lying Corefaggots will be hung from the lamp posts.
>>9446875> cites a failure to properly set Ethereum permissions as happening on bitcoin. Yeah you're a slow one aren't you?
>>9446875Please post proof that would make my day>>9447003>>9447087Ok retards CMC says Bitcoin is worth $8500. I'll sell you BCH right now for 7k. That's a bargain right?
>>9447087They forked off BTC.Makes Bcash an altcoin.
>>9447134>satoshi created the opcodes>satoshi wanted onchain and offchain scaling>WHEN WILLL DE BTRASH USERS REALIZE WHAT DEY DOES WRONG?
>>9446716Do you have a single fact to back that up?
>>9447072No that's Segwit, small brain.
>>9447160Bcore forked off from Bitcoin. Bitcoin upgraded to Bitcoin Cash, otherwise known as Bitcoin (BCH).I think you need to step away from the computer and the turds at /r/bitcoin who've filled your mind with horseshit.
>>9447160>Bitcoin cash is DIFFERENT THAN BITCOINThank god. It's not a useless pile of banker funded shit.
>>9447223>Bcore forked off from Bitcoin. Bitcoin upgraded to Bitcoin Cash, otherwise known as Bitcoin (BCH).Yes Roger that's totally how it happened. No one will ever take BCH seriously when proponents keep outright lying. Hopefully the stupid slap fight kills both BTC and BCH, they're both shitcoins anyway.
>>9447560The irony of accusing the opponents of dishonesty on a thread full of your side spouting provable lies, some of which you yourself are guilty of. Jew harder.
>>9447625Good goy, continue your autistic battle and drag each other down while I short using leveraged derivatives. I will allow you to gaze upon my cyber-shekels as a reward.
>>9447223Nope. BCH forked at >block 478559 (see also size: 1.9 MB)>August 1https://www.blocktrail.com/BCC/block/000000000000000000651ef99cb9fcbe0dadde1d424bd9f15ff20136191a5eecThen Segwit got activated on >August 23 https://news.bitcoin.com/segregated-witness-has-officially-activated-on-the-bitcoin-network/
>>9447885Friendly reminder to Gas the Kikes, Race War Now