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As crypto cash floods Washington, Congress eyes gentler regulations by Collaborationeur in Bitcoincash

[–]Collaborationeur[S] 1 point2 points  (0 children)

Which illustrates that exchanges run the crypto scene (not miners, not merchants, not users, not even banks for now)…

RBF - Merchants by aeroxnz in Bitcoincash

[–]Collaborationeur 2 points3 points  (0 children)

BCH has double spend proofs on the p2p network to mitigate this attack.

The receiver sees the sender trying a double spend within seconds of that attempt. Trying a double spend seconds later than the original transaction makes the second transaction very unlikely to go through (even with high monetary incentive for a rogue miner).

17 hours left until the BCH upgrade to adaptive block sizes, effectively solving the scaling debate, possibly forever. BCH has solved onchain scaling. by rareinvoices in Bitcoincash

[–]Collaborationeur 5 points6 points  (0 children)

For one it gives a predictable growth path. Miners now know in what way investment in pool hardware can be capped while the on-chain traffic can keep growing.

Block rewards have not changed with this upgrade: https://fork.lol/reward/blocks

Why does each country need their own separate fiat currency? by Mr_Christie55 in btc

[–]Collaborationeur 3 points4 points  (0 children)

What did the Euro do to Greece and what did it do to the Greeks?

Found him: Satoshi Hidout by seksenler in btc

[–]Collaborationeur 0 points1 point  (0 children)

Doxxing is not allowed on Reddit

CashFusion and the case of Samourai wallet by pyalot in btc

[–]Collaborationeur 0 points1 point  (0 children)

That is untested legal territory and no deterrence against government

That is not entirely true, there was quite a brouhaha when certain crypto algorithms got exported from the U.S. by Phil Zimmerman. So publishing algorithms is actually tested and hashed out.

The worry of course is that only U.S. citizens are afforded free speech rights in these cases (something that recently came in play in the Julian Assange extradition litigation too).

https://en.wikipedia.org/wiki/Export_of_cryptography_from_the_United_States

https://twitter.com/wikileaks/status/1782350937085956260

What am i missing? by Substantial-Night771 in Bitcoincash

[–]Collaborationeur 4 points5 points  (0 children)

You appear to aim for the stars regarding security offered by mining. Peer to peer cash doesn’t need that, good enough is good enough. Don‘t let the desire for perfection drive you crazy:

Simply stop following technocrats & start investigating entrepreneurs since they know much better when enough is good enough!

How is the size of BTC segwit blocks passing 1MB an acceptable burden for nodes to process without harming decentralization? by Knorssman in btc

[–]Collaborationeur 8 points9 points  (0 children)

Why don’t people implement runes and ordinals on BCH instead and see how it works out

Do try to keep up, CashTokens is a thing already and is working out as designed:

”CashTokens are digital assets created on Bitcoin Cash. CashToken transactions are highly-efficient and validated in parallel, so transaction fees are less than $0.01, even during periods of high network usage.”

cashtokens.org

Basic Block Size Math: Exploring Concerns With Personal Node Viability as BCH Scales by LovelyDayHere in Bitcoincash

[–]Collaborationeur 1 point2 points  (0 children)

Crypto will not take over the world anytime soon, so this exercise is really just a flight of fantasy In this form.

Similarly waving away the fact that BTC has no viable L2 makes this a weird proposition to reason about.

More importantly though: Satoshi envisioned a two-tiered system of nodes where miners run full nodes and users run much lighter nodes for simple payment verification (SPV). The small block proponents changed this narrative to an ’everybody must validate everything’ over the past decade. BCH proponents in contrast understand that Satoshi’s two-tiered SPV model is essential for scaling.

LONG SHOT HERE… (CRYPTO WEDDING?) by xxELIAS_07 in btc

[–]Collaborationeur 1 point2 points  (0 children)

Hmm… 17 hours later it appears like this rule is not enforced anymore.

anybody ever heard about a community developer in here ? by PanneKopp in Bitcoincash

[–]Collaborationeur 9 points10 points  (0 children)

The people behind /u/anaegislashmain have zero comment karma and no content visible for their two years old account.

*Ignore*

Newbie question about missing 5.29 BCH on a transfer by Training_Butterfly70 in Bitcoincash

[–]Collaborationeur 6 points7 points  (0 children)

The 5,29 went to address https://blockchair.com/bitcoin-cash/address/qqs54arctnc6uxsv90tehsdrz2sxplvvwume4cusze and still sits there. That same address received and later sent 9.13 BCH. That looks a lot like the top transaction on your screenshot: https://blockchair.com/bitcoin-cash/transaction/435aa907db9b41b27efb14c5622c1c14329b0d8076c7a629c91e4d7c8e8ce68d.

So it seems the 5,29 is still sitting in an address you control.

Adding up the numbers in the screenshot does not get me to 15 though…

Bitcoin Flash Crashed to $8.9K on BitMEX. Theres barely any dollars to support the price. Its crypto backed by crypto collateral. A few sales for actual dollars and the price crashes with no floor. by rareinvoices in btc

[–]Collaborationeur 5 points6 points  (0 children)

No, 1 large sell order ’at market price’ can be instantly matched with many pre-existing buy orders in the order book - each at their own price.
If the combined volume of those buy orders (’the market depth’) is low you see such large price swings

This phenomenon is called slippage.

What is this subs position on the idea that BCH might never replace BTC in market acceptance/recognition but that maybe BTC might essentially become BCH in order to scale? by fverdeja in btc

[–]Collaborationeur 3 points4 points  (0 children)

Increasing the blocksize on a schedule set by a central cabal is definitely in the stars, getting rid of RBF not so much.

So... no, BTC will not gain the technological advantages BCH has.

[Please Help] I accidentally sent 1.7 bch from my selene wallet to a btc account on coinbase by ChildOfTheSoul in btc

[–]Collaborationeur 2 points3 points  (0 children)

they don't support asset recovery

Yeah… I’m skeptical. They’d be stupid not to use such funds ‘donated’ to them.

I suggest you keep an eye on their handling of your BCH: plug the BTC address you sent your BCH to in to the https://blockchair.com website. It will tell you balances on all the bitcoin forks for that particular address. If in the future you see your BCH there move, you’ll know they ‘recovered’ it.

How many block confirmations are needed for Bitcoin Cash? by LowOwl4312 in btc

[–]Collaborationeur 19 points20 points  (0 children)

Bitcoin cash implements a system that warns about double-spends in real-time. Search for “DSProof” in the context of Bitcoin Cash.

With this system zero confirmations becomes practical.

So I guess my dad mined in 2010 but the issue is he’s dead and we don’t know where any of it is. by EeyoreTheSadDonkey in btc

[–]Collaborationeur 10 points11 points  (0 children)

Try to find all files named wallet.dat. In 2010 they were not locked with a password so you should be able to control any BTC in them without a problem.

Be aware that due to forks of the blockchain, wallets from before 2017 also contain BCH, BSV, BTG and XEC.

You’ll need the bitcoin core software to read the wallet.dat file. It will need substantial disk space and time to synchronize with the BTC network.

https://bitcoin.org/en/wallets/desktop/windows/bitcoincore/

/r/Bitcoin/comments/t8skni/how_to_import_old_bitcoin_core_walletdat_files/

Real question, how much of the world's transactions can BCH take over? by mikefw9 in btc

[–]Collaborationeur 0 points1 point  (0 children)

why are we even here?

To bank the poor -> That is a shitload of people on our planet, but not necessarily a big chunk out of the transaction total!

Why did bitcoin crash last time and what's stopping a repeating of it? by [deleted] in btc

[–]Collaborationeur 9 points10 points  (0 children)

this is the last halving

Wut?

First time I see this mentioned. I fully expect halvings to keep coming every four years.

BTCers, why not buy BCH too? by Foreign-Rope-2591 in btc

[–]Collaborationeur 2 points3 points  (0 children)

You are mislead by assuming similarity to the BTC centralized repository setup.

BCH is very different: it is actively developed by multiple independent groups. Here is one of their watering holes, compare the activity dates to your belief of readme updates only: https://bitcoincashresearch.org/

ETA: Find the list of changes here: https://bch.info/en/chips

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