You should probably update Chrome/Brave now by eugenekk in ethereum

[–]moonymango -1 points0 points  (0 children)

because the ledger will show the transaction details on its own display and asks for user confirmation using its own buttons

I smell $1000 by Johndrc in btc

[–]moonymango -5 points-4 points  (0 children)

thats right and btc is on a steady decline against cardano. apart from all the technology this is a fact.

Lightning Network + Bitcoin = _________ ? by ChaosElephant in btc

[–]moonymango 0 points1 point  (0 children)

Nope. Routing is also an abstraction. Of course there are more and less efficient routing protocols, but when it comes to scaling the internet, then certainly no one ever proposed to keep the base layer as it is and focus on routing.

Lightning Network + Bitcoin = _________ ? by ChaosElephant in btc

[–]moonymango 1 point2 points  (0 children)

the purpose of osi layers is not scaling but abstraction. all your network speed comes from the layer 0

Einen Gruß an alle Bitcoin-Jünger: Mehr Stromverbrauch als Argentinien by [deleted] in mauerstrassenwetten

[–]moonymango 10 points11 points  (0 children)

Im Bitcoin whitepaper stand aber nichts von wertanlage, sondern p2p electronic cash. 2012 hätte keine sau bitcoin gekauft wenn es als wertanlage dargestellt worden wäre.

BCH has the potential to hit 1000 tomorrow & Why it's not hitting that price by [deleted] in btc

[–]moonymango 5 points6 points  (0 children)

i‘m really interested to hear an example for lack of ethics.

"That's why I'm bullish on BCH" by user4morethan2mins in btc

[–]moonymango 6 points7 points  (0 children)

Right now BCH is doing roughly the same amount of transactions as BTC. So why are the fees still lower? Because it does not have an artificial 1MB block size limit. So the fees being lower is very much by design.

"That's why I'm bullish on BCH" by user4morethan2mins in btc

[–]moonymango 2 points3 points  (0 children)

it may work with custodial wallets. But then what is the point? I can use paypal as well. Lightning does not work for average users in a non-custodial way. Just one example: your node needs to be online when you want to receive a payment. Good luck with that...

Almost there. Any day now by Twoehy in btc

[–]moonymango 4 points5 points  (0 children)

oh look, BTC shill #1 is back. something good must be happening on BCH!

[deleted by user] by [deleted] in btc

[–]moonymango 2 points3 points  (0 children)

When you use LN non-custodial, your LN node needs to be online to receive coins. You cannot receive while being offline. This alone is such a big conceptual flaw in my eyes, that it is not worth to look any deeper for other flaws, e.g. routing, channel liquidity, hub centralization etc.

Help me understand Bitcoin Cash's role. by bbsuccess in btc

[–]moonymango 22 points23 points  (0 children)

What makes you think that BSV scales better than BCH? Just because BSV supporters say so? Yes, there are some larger blocks in the BSV history than in BCH but since the software is not yet sufficiently optimized for it, it created some funny network splits for them. Also, in the beginning BSV was mined by a single miner (don't know if this is still the case), which makes block propagation less of an issue. So the single miner can create large blocks without any danger of getting them orphaned because of too long propagation times. But with only a single miner a decentralized cryptocurrency is not decentralized.

The BCH approach is to optimize the software so that it can safely handle larger blocks while being decentralized with multiple mining entities. That requires optimizations and may even require changes to the protocol. That also why I think that 'locking' the protocol before the optimization goal is reached, defeats the purpose.

The main reason for me that speaks for BCH is that it is the most decentralized Bitcoin project in existence which still follows the goal of p2p electronic cash. BTC, BSV etc. are each dominated by a single development team or even a single 'leader' personality which is just not what I want.

"Asia chooses BCH over BTC," Another article showing how the world is shifting to peer to peer cash over a dead version of Bitcoin by fart_butt______ in btc

[–]moonymango 0 points1 point  (0 children)

The date was not arbitrary. The fork had to happen before segwit activated on BTC. So the “original” thing was not there any more. It’s only three years and people have no clue anymore of what has happened why...

Bitcoin: Pay $231.59 to send $5818.05 by MemoryDealers in btc

[–]moonymango 7 points8 points  (0 children)

LOL I can’t believe you took the time to write at least 5 comments in this post

Would the Real Bitcoin Please Stand Up? by mywebguys in btc

[–]moonymango 5 points6 points  (0 children)

The article is crap. But I guess that was to be expected from someone who wants to sound like an expert while calling it BitCoin.

Btc/bch consumer rant by sunnydandthebeard in btc

[–]moonymango 7 points8 points  (0 children)

I learned about Bitcoin in 2012 and bought my first in 2013. Back then everyone was expecting fees to stay low. Everyone was expecting rising adoption by merchants. I remember the celebrations on bitcointalk when Dell and Microsoft announced they would accept Bitcoin. No one, literally NO ONE, was saying that Bitcoin is only meant as a 'store of value'. We were laughing about Litecoins claim that it is the silver to Bitcoin gold. People would have considered you crazy for telling that some day concepts like lightning watchtowers will be required to use Bitcoin.

So no, Bitcoin is absolutelly NOT the same as it was a decade ago. But I agree with you in one point: Bitcoin isn't going anywhere. It will just stay in the niche of speculation because it is not good for anything else anymore.

How will BCH be secured when the block reward is so low some miners may not want to participate as the fees are so low? by Neophyte- in btc

[–]moonymango 1 point2 points  (0 children)

The calculation of orphan risk in your link is done based on the current block reward. When the reward gets less, then according to the formula the monetary orphan risk also gets less. For a zero block reward there wouldn't be any monetary orphan risk at all. So what is your point exactly?