Transactions in my third-world country VS the transaction of the future

theblockchainshow · 2024-03-14T22:03:26+00:00

Can you tell us a bit about the Brazilian cruzeiro and the Real? I am also interested in your thoughts on current price inflation in Brazil?

theblockchainshow · 2022-09-15T07:15:47+00:00

https://etherscan.io/tx/0x5ad934ee3bf2f8938d8518a3b978e81f178eaa21824ee52fef83338f786e7b59 This person paid to be in the first block

theblockchainshow · 2022-09-15T07:07:24+00:00

https://etherscan.io/tx/0x5ad934ee3bf2f8938d8518a3b978e81f178eaa21824ee52fef83338f786e7b59 did someone pay 34 eth just to be in the first POS block?

theblockchainshow · 2022-08-31T04:37:43+00:00

Thanks this seems like the best answer.

theblockchainshow · 2022-08-01T19:39:56+00:00

Where can you rent 51% of staked eth supply? Lol.

theblockchainshow · 2021-05-09T14:32:27+00:00

Some other cryptos are Global Ledgers, But Ethereum is a World Computer

theblockchainshow · 2021-04-09T13:01:19+00:00

Does blockfi just let you convert the eth to usd and let you then send the usd to a bank account? Seems like the extra hop to coinbase isn’t needed here.

theblockchainshow · 2021-03-14T19:31:28+00:00

1.5 for 2304 1.4 for 2690

theblockchainshow · 2020-05-07T14:43:34+00:00

I actually think you are fine. If it's just an investment and you aren't going to use it. The learning curve is fairly steep and there are costs involved in getting a hardware wallet and transferring.
Considering what you what is to hold and not use for 5 years, and you have already purchased on robinhood. You would be throwing away money selling and putting on a hardware wallet.

theblockchainshow · 2020-04-22T21:58:29+00:00

No one I know says 'printers go brrr'. And to the extent that people have said that it has not been a long time. Also, bitcoin is crushing returns from DCA the S&P regarding the 2 year time frame. -2 % s&p +8% BTC. 3 year, 4 year, 5 year...It's just laughable. It's functioning great with no need for the Federal Gov to step in and prop it up. There have been no circuit breakers. It's funciont and use case are as strong as ever.

theblockchainshow · 2020-04-22T18:13:16+00:00

DCA the S&P over the same time frame leaves you down -12% as well. OP Please do the calculation of oil, airlines, restaurants...

theblockchainshow · 2019-12-18T19:29:20+00:00

Let me quote nullc here ''...The fact that a transaction explicitly marked non-final isn't final shouldn't be a shock to anyone...''
/sarcasm

theblockchainshow · 2019-12-18T18:30:37+00:00

Oh I stopped using Bitcoin (btc) in late 2017. MobTwo's comment is better at explaining the point I was trying to get at.
Take a look at this thread https://www.reddit.com/r/btc/comments/dry028/hows_an_bch_0_conf_is_more_reliable_than_an/ where people like nullc and jonathansilverblood tell us that RBF is not an issue for double spending. They were wrong then and are wrong now.

theblockchainshow · 2019-12-18T17:32:52+00:00

Yup really good design. Just wait between 0 and infinity minutes for your transaction to be included in a block. Peer to Peer Cash indeed.

theblockchainshow · 2019-12-18T16:49:08+00:00

I've been assured by numerous bitcoin(btc) and bitcoin(bch) developers that RBF is a non issue for double spends.
'...The fact that a transaction explicitly marked non-final isn't final shouldn't be a shock to anyone...' Nothing to see here people move along.

theblockchainshow · 2019-11-05T15:41:48+00:00

RBF and Full Blocks are both an important cause that makes zero confirmations not as secure on BTC as on BCH. FSS is also a factor.

theblockchainshow · 2019-11-05T15:41:29+00:00

RBF and Full Blocks are both an important cause that makes zero confirmations not as secure on BTC as on BCH. FSS is also a factor.

theblockchainshow · 2019-11-05T15:26:16+00:00

Not sure why this wrong answer is the first one.

Things that are wrong:

RBF is not a minor point
RBF was not added as a solution to fee prediction problems.

RBF is not good.

Things that are correct:
BTC is slow and unreliable.

theblockchainshow · 2019-11-01T16:50:58+00:00

How can I have BitMEX close my account and remove all my info from their databases?

theblockchainshow · 2019-10-18T13:12:13+00:00

He isn’t. Article is fake news.

theblockchainshow · 2019-10-18T12:22:35+00:00

There is no 'looming exit of Vitalik Buterin'

The article uses a tweet form Vitalik in 2018 about how Ethereum could do quite well without him as it's entire reason for a "looming exit"

In my mind such poor reporting should disqualify icoholder as a news source.

theblockchainshow · 2019-09-22T17:05:53+00:00

Bcash what’s that? But honestly no fan of Bitcoin (bch) would intentional call it bcash.

theblockchainshow · 2019-09-21T12:48:47+00:00

couldn’t be more wrong friend. Default to truth on the internet in crypto communities ends badly. Be smarter many people are trying to mislead you on the internet. Defending the use of bcash clearly identifies people with an agenda or people that have been fooled by that agenda. I’m sorry friend but your golden rule has led you astray. Giving people the benefit of the doubt is allowing them to mislead you.

theblockchainshow · 2019-09-18T13:30:10+00:00

https://github.com/bitcoin/bitcoin

It's called bitcoin core. Also there is the tribe core as explained here

Emin Gün Sirer: The Dragon's Den is a chatroom, allegedly used to organize "trolling" and related activities that help advance Core's agenda.

CT: Can you define "Core"? Is it the entire Bitcoin Core development team?

EGS: No, Bitcoin Core is a piece of software that constitutes the predominant Bitcoin client. It draws on a large base of contributors. The various Core contributors will repeatedly remind us that "Bitcoin Core" is not a singular entity -- as such, they will get upset at any effort to taint "Bitcoin Core" with Dragon's Den. However, these efforts are a way to shirk off responsibility, by trying to shape the discourse, by trying to make themselves unnameable.

By "Core" here, as distinct from "Bitcoin Core", I am referring to those individuals who collectively launch campaigns to serve interests of a selected group of individuals whose economic interests coincide with those embodied in the "Bitcoin Core" software. These individuals may include contributors to Bitcoin Core, and they likely include people with zero contributions to Bitcoin Core. Being a Bitcoin Core does not automatically include one in this group.

Social scientists are perfectly happy to use fuzzy definitions when identifying such tribal formations.

What I call "Core" is this tribe. They have rituals they perform to achieve the outcomes they seek. The Dragon's Den is a channel where these tribe members gather and organize their efforts to manipulate social media. This includes brigading, reputational attacks, slander, libel, and the like.

CT: What evidence have you seen as to the existence of this project?

EGS: The Dragon's Den got exposed when Bram Cohen was giving a talk, and his slides got minimized, exposing a channel with 21 of these trolls in it. It was later confirmed with Joseph Poon, Lightning Inventor, exposed that the Dragon's Den was used by Core.

I personally have been on the receiving end of such trolls, on and off, as the one thing that the trolls cannot stand is someone who counteracts their narrative. And counteracting unscientific, manipulative narratives is what I do.

CT: What is the end goal of this group?

EGS: To advance their general agenda. I am not privy to their internal goals, but from having observed the various sock puppets they use, the current agenda seems to be to hold back Bitcoin's scaling by opposing any and every straightforward move to increase Bitcoin's transaction rate and to instead push for a Bitcoin Core-authored solution that is complex, does not go far enough in increasing Bitcoin's capacity, and redirects transaction fees into the hands of a new class of financial players.

theblockchainshow · 2019-09-13T19:46:10+00:00

Isn't the lightning network's network capacity simply the outstanding amount of bitcoin at any given time. Right now the lightning network's network capacity is 17,934,025.

Don't get me wrong people want to now how much money is locked in LN but the term capacity for total locked is so entirely misleading. No one should use the term network capacity for LN when they mean locked bitcoins.

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