What is the Intrinsic Value of Bitcoin? - Chris DeRose

I was interviewed yesterday by Chris Derose from Bitcoin Uncensored about early transition and dysphoria. I would value your comments and critique about how I presented my thoughts.

So crypto is a very male dominated culture which doesn't know much about trans stuff. I was invited onto the show to hopefully shed some light and normalcy into the world of transgender issues.
The essence of what I wanted to say was that transwomen are women. We are also valid individuals deserving of all the respect given to anyone else. I wanted to wrap this message up in a fun presentation that also entertained some of the expected questions about sexual and physical changes. Finally I wanted to be open about my transitioning status, because transitioning isn't something we should be ashamed of or feel the need to hide. We are just as valid in our fourth month of transition as our fortieth. You would be surprised at how many people have still never heard of HRT and don't know it exists.
Anyway, Chris was a great host who ran a great show. My only regrets were the mad lag we had at times, and not emphasizing enough that since beginning transition there have been negative consequences of being female as well, namely men not taking me as seriously at work.
Anyway, I did my best in a live stream format to represent the trans community well. I value any feedback or comments you have that can make me a smarter person in the future though. 💘
submitted by encryptedcharms to asktransgender [link] [comments]

Decred Journal – September 2018

Note: you can read this on GitHub (link), Medium (link) or old Reddit (link).


Final version 1.3.0 of the core software was released bringing all the enhancements reported last month to the rest of the community. The groundwork for SPV (simplified payment verification) is complete, another reduction of fees is being deployed, and performance stepped up once again with a 50% reduction in startup time, 20% increased sync speed and more than 3x faster peer delivery of block headers (a key update for SPV). Decrediton's integrations of SPV and Politeia are open for testing by experienced users. Read the full release notes and get the downloads on GitHub. As always, don't forget to verify signatures.
dcrd: completed several steps towards multipeer downloads, improved introduction to the software in the main README, continued porting cleanups and refactoring from upstream btcd.
Currently in review are initial release of smart fee estimator and a change to UTXO set semantics. The latter is a large and important change that provides simpler handling, and resolves various issues with the previous approach. A lot of testing and careful review is needed so help is welcome.
Educational series for new Decred developers by @matheusd added two episodes: 02 Simnet Setup shows how to automate simnet management with tmux and 03 Miner Reward Invalidation explains block validity rules.
Finally, a pull request template with a list of checks was added to help guide the contributors to dcrd.
dcrwallet: bugfixes and RPC improvements to support desktop and mobile wallets.
Developers are welcome to comment on this idea to derive stakepool keys from the HD wallet seed. This would eliminate the need to backup and restore redeem scripts, thus greatly improving wallet UX. (missed in July issue)
Decrediton: bugfixes, refactoring to make the sync process more robust, new loading animations, design polishing.
Politeia: multiple improvements to the CLI client (security conscious users with more funds at risk might prefer CLI) and security hardening. A feature to deprecate or timeout proposals was identified as necessary for initial release and the work started. A privacy enhancement to not leak metadata of ticket holders was merged.
Android: update from @collins: "Second test release for dcrandroid is out. Major bugs have been fixed since last test. Latest code from SPV sync has been integrated. Once again, bug reports are welcome and issues can be opened on GitHub". Ask in #dev room for the APK to join testing.
A new security page was added that allows one to validate addresses and to sign/verify messages, similar to Decrediton's Security Center. Work on translations is beginning.
Overall the app is quite stable and accepting more testers. Next milestone is getting the test app on the app store.
iOS: the app started accepting testers last week. @macsleven: "the test version of Decred Wallet for iOS is available, we have a link for installing the app but the builds currently require your UDID. Contact either @macsleven or @raedah with your UDID if you would like to help test.".
Nearest goal is to make the app crash free.
Both mobile apps received new design themes.
dcrdata: v3.0 was released for mainnet! Highlights: charts, "merged debits" view, agendas page, Insight API support, side chain tracking, Go 1.11 support with module builds, numerous backend improvements. Full release notes here. This release featured 9 contributors and development lead @chappjc noted: "This collaboration with @raedahgroup on our own block explorer and web API for @decredproject has been super productive.".
Up next is supporting dynamic page widths site wide and deploying new visual blocks home page.
Trezor: proof of concept implementation for Trezor Model T firmware is in the works (previous work was for Model One).
Ticket splitting: updated to use Go modules and added simnet support, several fixes.
docs: beginner's guide overhaul, multiple fixes and cleanups.
decred.org: added 3rd party wallets, removed inactive PoW pools and removed web wallet.
@Richard-Red is building a curated list of Decred-related GitHub repositories.
Welcome to new people contributing for the first time: @klebe, @s_ben, @victorguedes, and PrimeDominus!
Dev activity stats for September: 219 active PRs, 197 commits, 28.7k added and 18.8k deleted lines spread across 6 repositories. Contributions came from 4-10 developers per repository. (chart)


Hashrate: started and ended the month around 75 PH/s, hitting a low of 60.5 and a new high of 110 PH/s. BeePool is again the leader with their share varying between 23-54%, followed by F2Pool 13-30%, Coinmine 4-6% and Luxor 3-5%. As in previous months, there were multiple spikes of unidentified hashrate.
Staking: 30-day average ticket price is 98 DCR (+2.4). The price varied between 95.7 and 101.9 DCR. Locked DCR amount was 3.86-3.96 million DCR, or 45.7-46.5% of the supply.
Nodes: there are 201 public listening nodes and 325 normal nodes per dcred.eu. Version distribution: 5% are v1.4.0(pre) dev builds (+3%), 30% on v1.3.0 (+25%), 42% on v1.2.0 (-20%), 15% on v1.1.2 (-7%), 6% on v1.1.0. More than 76% of nodes run v1.2.0 and higher and therefore support client filters. Data as of Oct 1.


Obelisk posted two updates on their mailing list. 70% of Batch 1 units are shipped, an extensive user guide is available, Obelisk Scanner application was released that allows one to automatically update firmware. First firmware update was released and bumped SC1 hashrate by 10-20%, added new pools and fixed multiple bugs. Next update will focus on DCR1. It is worth a special mention that the firmware source code is now open! Let us hope more manufacturers will follow this example.
A few details about Whatsminer surfaced this month. The manufacturer is MicroBT, also known as Bitwei and commonly misspelled as Bitewei. Pangolinminer is a reseller, and the model name is Whatsminer D1.
Bitmain has finally entered Decred ASIC space with their Antminer DR3. Hash rate is 7.8 TH/s while pulling 1410 W, at the price of $673. These specs mean it has the best GH/W and GH/USD of currently sold miners until the Whatsminer or others come out, although its GH/USD of 11.6 already competes with Whatsminer's 10.5. Discussed on Reddit and bitcointalk, unboxing video here.


Meet our 17th voting service provider: decredvoting.com. It is operated by @david, has 2% fee and supports ticket splitting. Reddit thread is here.
For a historical note, the first VSP to support ticket splitting was decredbrasil.com:
@matheusd started tests on testnet several months ago. I contacted him so we could integrate with the pool in June this year. We set up the machine in July and bought the first split ticket on mainnet, using the decredbrasil pool, on July 19. It was voted on July 30. After this first vote on mainnet, we opened the tests to selected users (with more technical background) on the pool. In August we opened the tests to everyone, and would call people who want to join to the #ticket_splitting channel, or to our own Slack (in Portuguese, so mostly Brazilian users). We have 28 split tickets already voted, and 16 are live. So little more than 40 split tickets total were bought on decredbrasil pool. (@girino in #pos-voting)
KuCoin exchange listed DCBTC and DCETH pairs. To celebrate their anniversary they had a 99% trading fees discount on DCR pairs for 2 weeks.
Three more wallets integrated Decred in September:
ChangeNow announced Decred addition to their Android app that allows accountless swaps between 150+ assets.
Coinbase launched informational asset pages for top 50 coins by market cap, including Decred. First the pages started showing in the Coinbase app for a small group of testers, and later the web price dashboard went live.


The birth of a Brazilian girl was registered on the Decred blockchain using OriginalMy, a blockchain proof of authenticity services provider. Read the full story in Portuguese and in English.


Advertising report for September is ready. Next month the graphics for all the ads will be changing.
Marketing might seem quiet right now, but a ton is actually going on behind the scenes to put the right foundation in place for the future. Discovery data are being analyzed to generate a positioning strategy, as well as a messaging hierarchy that can guide how to talk about Decred. This will all be agreed upon via consensus of the community in the work channels, and materials will be distributed.
Next, work is being done to identify the right PR partner to help with media relations, media training, and coordination at events. While all of this is coming up to speed, we believe the website needs a refresher reflecting the soon to be agreed upon messaging, plus a more intuitive architecture to make it easier to navigate. (@Dustorf)


We'll begin shortly reviewing conferences and events planned for the first half of 2019. Highlights are sure to include The North American Bitcoin Conference in Miami (Jan 16-18) and Consensus in NYC (May 14-16). If you have suggestions of events or conferences Decred should attend, please share them in #event_planning. In 2019, we would like to expand our presence in Europe, Asia, and South America, and we're looking for community members to help identify and staff those events. (@Dustorf)


August issue of Decred Journal was translated to Russian. Many thanks to @DZ!
Rency cryptocurrency ratings published a report on Decred and incorporated a lot of feedback from the community on Reddit.
September issue of Chinese CCID ratings was published (snapshot), Decred is still at the bottom.
Featured articles:

Community Discussions

Community stats:
Comm systems news: Several work channels were migrated to Matrix, #writers_room is finally bridged.
Twitter: why decentralized governance and funding are necessary for network survival and the power of controlling the narrative; learning about governance more broadly by watching its evolution in cryptocurrency space, importance of community consensus and communications infrastructure.
Reddit: yet another strong pitch by @solar; question about buyer protections; dcrtime internals; a proposal to sponsor hoodies in the University of Cape Town; Lightning Network support for altcoins.
Chats: skills to operate a stakepool; voting details: 2 of 3 votes can approve a block, what votes really approve are regular tx, etc; scriptless script atomic swaps using Schnorr adaptor signatures; dev dashboard, choosing work, people do best when working on what interests them most; opportunities for governments and enterprise for anchoring legal data to blockchain; terminology: DAO vs DAE; human-friendly payments, sharing xpub vs payment protocols; funding btcsuite development; Politeia vote types: approval vote, sentiment vote and a defund vote, also linking proposals and financial statements; algo trading and programming languages (yes, on #trading!); alternative implementation, C/C++/Go/Rust; HFTs, algo trading, fake volume and slippage; offline wallets, usb/write-only media/optical scanners vs auditing traffic between dcrd and dcrwallet; Proof of Activity did not inspire Decred but spurred Decred to get moving, Wikipedia page hurdles; how stakeholders could veto blocks; how many votes are needed to approve a proposal; why Decrediton uses Electron; CVE-2018-17144 and over-dependence on single Bitcoin implementation, btcsuite, fuzz testing; tracking proposal progress after voting and funding; why the wallet does not store the seed at all; power connectors, electricity, wiring and fire safety; reasonable spendings from project fund; ways to measure sync progress better than block height; using Politeia without email address; concurrency in Go, locks vs channels.
#support is not often mentioned, but it must be noted that every day on this channel people get high quality support. (@bee: To my surprise, even those poor souls running Windows 10. My greatest respect to the support team!)


In September DCR was trading in the range of USD 34-45 / BTC 0.0054-0.0063. On Sep 6, DCR revisited the bottom of USD 34 / BTC 0.0054 when BTC quickly dropped from USD 7,300 to 6,400. On Sep 14, a small price rise coincided with both the start of KuCoin trading and hashrate spike to 104 PH/s. Looking at coinmarketcap charts, the trading volume is a bit lower than in July and August.
As of Oct 4, Decred is #18 by the number of daily transactions with 3,200 tx, and #9 by the USD value of daily issuance with $230k. (source: onchainfx)
Interesting observation by @ImacallyouJawdy: while we sit at 2018 price lows the amount locked in tickets is testing 2018 high.

Relevant External

ASIC for Lyra2REv2 was spotted on the web. Vertcoin team is preparing a new PoW algorithm. This would be the 3rd fork after two previous forks to change the algorithm in 2014 and 2015.
A report titled The Positive Externalities of Bitcoin Mining discusses the benefits of PoW mining that are often overlooked by the critics of its energy use.
A Brief Study of Cryptonetwork Forks by Alex Evans of Placeholder studies the behavior of users, developers and miners after the fork, and makes the cases that it is hard for child chains to attract users and developers from their parent chains.
New research on private atomic swaps: the paper "Anonymous Atomic Swaps Using Homomorphic Hashing" attempts to break the public link between two transactions. (bitcointalk, decred)
On Sep 18 Poloniex announced delisting of 8 more assets. That day they took a 12-80% dive showing their dependence on this one exchange.
Circle introduced USDC markets on Poloniex: "USDC is a fully collateralized US dollar stablecoin using the ERC-20 standard that provides detailed financial and operational transparency, operates within the regulated framework of US money transmission laws, and is reinforced by established banking partners and auditors.".
Coinbase announced new asset listing process and is accepting submissions on their listing portal. (decred)
The New York State Office of the Attorney General posted a study of 13 exchanges that contains many insights.
A critical vulnerability was discovered and fixed in Bitcoin Core. Few days later a full disclosure was posted revealing the severity of the bug. In a bitcointalk thread btcd was called 'amateur' despite not being vulnerable, and some Core developers voiced their concerns about multiple implementations. The Bitcoin Unlimited developer who found the bug shared his perspective in a blog post. Decred's vision so far is that more full node implementations is a strength, just like for any Internet protocol.

About This Issue

This is the 6th issue of Decred Journal. It is mirrored on GitHub, Medium and Reddit. Past issues are available here.
Most information from third parties is relayed directly from source after a minimal sanity check. The authors of Decred Journal have no ability to verify all claims. Please beware of scams and do your own research.
Feedback is appreciated: please comment on Reddit, GitHub or #writers_room on Matrix or Slack.
Contributions are also welcome: some areas are adding content, pre-release review or translations to other languages.
Credits (Slack names, alphabetical order): bee, Dustorf, jz, Haon, oregonisaac, raedah and Richard-Red.
submitted by jet_user to decred [link] [comments]

[Discussion] Just listened to interesting podcast ep with /u/FluffyPonyZA - Cryptoscam

Dunno how many of you listen to the cryptoscam podcast, but there's an episode with fluffyponyza where they discuss Dash.
In this episode and in episode 1 where they talk about bitcoin, they make the argument that the vast majority of the money going into BTC is speculative, but the fact that there is actually a use case for bitcoin is the thing that will ensure it's survival.
The use cases they mention for bitcoin are: 1) transferring money across borders, 2) purchasing goods and services that are deemed illegal by the local government. 3) Dodging taxes. 4) Gambling.
If this is true, then isn't Monero objectively better at all of these things than bitcoin?
I wonder what the argument is from the bitcoin maximalist crowd in the value of bitcoin over monero given the stated use cases above?
Hopefully Fluffy Pony can do the future Cryptoscam episode on Monero, and it would be cool if they could get Chris Derose on as a third guest to defend Bitcoin in this argument. Not sure if anyone here knows the host, but if you do, pass this message along!
Sorry if this is a weird post for the thread, but I think it's valuable if we discuss the actual real-world use cases for crypto instead of all rollercoaster gifs.
submitted by CalvinsStuffedTiger to Monero [link] [comments]

We are the Counterparty Foundation Community Director candidates. AMA!

About Counterparty Foundation
The Counterparty Foundation is a non-profit organization dedicated to advancing the Counterparty protocol and its products, educating the community on the Counterparty technology, driving global Counterparty awareness, and ensuring Counterparty remains a successful and growing financial platform.
The Foundation is governed by five directors, one Founding Director, Robby Dermody, and four Community Directors.
About the Counterparty Foundation 2016 Election
On April 19th last year, the Counterparty community elected three Counterparty Foundation community directors9 to help shape the direction of the Counterparty project and grow the community around it. Candidates with most votes from the community were Devon Weller, Robert Ross and Chris Derose.
With the term of one year coming to an end, the Foundation is running new elections with nine candidates competing for the four director seats.
Users who want to give their votes to one or more candidates may do so by broadcasting a message with the following parameters:
text = XCPELECTION2016 + Candidate Number value = votes 
Candidate numbers used as the broadcast parameter:
1 - Krassimir Stoynov 2 - Jeremy Johnson aka "J-Dog" 3 - Trevor Altpeter 4 - Matt Young 5 - JP Janssen 6 - Adam B. Levine 7 - Haixiong Ouyang 8 - Dan Anderson 9 - Koji Higashi
More about the election and voting - https://counterpartytalk.org/t/ann-starting-the-foundation-election-2016-voting-period/2006
Voting will be held till block #409774 with the up-to-date scoreboard being published on blockscan - http://blockscan.com/vote/XCPELECTION2016.
About the Candidates
Krassimir Stoynov - IT specialist with ten years work experience in major international banks – Société Générale, Citibank and Emporiki Bank. Krassimir started to work with Bitcoin at the beginning of 2014. If elected for the community director position, he will focus his efforts on introducing new users to Counterparty, participating in discussions in the Counterparty Slack channel and presenting the Counterparty marketplace to companies which are interested in implementing the platform in the real business
Jeremy Johnson - In late 2014 Jeremy decided to start up a company with the mission of making the Counterparty platform easier to understand and use for new users. CoinDaddy.io launched in March 2015 and offers the following services : * Asset Registration Service2 (no XCP needed) * Asset Enhancement Service * Broadcast Enhancement Service * Asset TransfeEscrow Service * Asset Vending Machine Service
In addition to the above paid services, he has been a big supporter of Counterparty and run a number of Counterparty related services which are hosted at no cost to the community including: * Public blockchain viewer and APIs (counterpartychain.io) * Public counterwallet server (counterwallet.coindaddy.io) * Public development servers (counterparty/counterblock) * Public whois service (whois.coindaddy.io1)
Trevor Altpeter - a long time XCP investor and one of the largest Counterparty asset creators. If elected as Community Director Trevor promises to: * Create a written bi-weekly update of XCP related news * Be professional while representing the Counterparty community * Actively work to bring positive exposure to Counterparty
Matt Young - volunteered full-time for Counterparty when the project was in its infancy and has been around ever since. If elected, Matt promises to provide information to new and existing users that inquire about the project in all of the major communication channels. He is a mod on Reddit, an admin on the Facebook page and active in the Skype and Slack chats as well as on BitcoinTalk.
JP Janssen - active in the community since the very beginning, and this February his project CounterTools1 won the 1st prize in the Devparty contest. JP is determined to stay active in the community and volunteer on offering support in the forums/Slack. He'd also like to contribute with documentation and code that can assist 3rd parties to build projects on Counterparty.
Adam B. Levine - founder of Let's Talk Bitcoin and CEO of Tokenly.. Adam’s priorities regarding Counterparty are that it is: * Managed with a long term point of view * Stable, Tested and Safe * Grows to take advantage of emerging opportunities as they become apparent * represented by professional, respectful individuals
Haixiong Ouyang - an ios development engineer with seven years work experience in the field of mobile development. In 2014, he developed CounterpartyApp. If elected, he will focus his efforts in: * Introducing new users to Counterparty In China. * Bring the latest news about Counterparty to the Chinese community. * building up the chinese community, speaking about counterparty at events.
Dan Anderson - Bitcoiner / Podcaster / XCPDex.com
Koji Higashi - Co-founder of IndieSquare, a provider of mobile token wallet for both iOS and Android. (wallet.indiesquare.me) He is also involved in Spells of Genesis, a mobile game that integrates Counterparty to represent game items on the blockchain. If elected, Koji will: * Advocate for non-financial use cases of Counterparty * Represent the Asian community and encourage more diversity and global reach
The AMA will start at 1PM ET. Ask us anything!
submitted by cryptology26 to counterparty_xcp [link] [comments]

Subreddit Stats: btc top posts from 2018-04-20 to 2018-05-20 06:58 PDT

Period: 29.85 days
Submissions Comments
Total 1000 53623
Rate (per day) 33.50 1780.26
Unique Redditors 466 5134
Combined Score 118969 219877

Top Submitters' Top Submissions

  1. 7839 points, 57 submissions: MemoryDealers
    1. If all the 32MB blocks were permanently 100% full, this $400 hard drive could store the blockchain for the next 7 years. (373 points, 352 comments)
    2. The people behind Bitcoin Cash are the ones who created Bitcoin's network effect in the first place. (357 points, 123 comments)
    3. Bitcoin subscribers are now calling for people to report Bitcoin.com to the Internet Crime Complaint Center of the FBI. It's sad that BTC supporters all seem to be statists who yell about hodling their muh store of value all day. (348 points, 288 comments)
    4. I have more emails saved on my computer than the entire BTC or BCH block chains. (319 points, 131 comments)
    5. Bitcoin.com is now sponsoring pro female MMA athletes. (293 points, 121 comments)
    6. CoinGeek will support Bitcoin.com in lawsuit over the real Bitcoin - Coingeek (273 points, 354 comments)
    7. Bitcoin Cash is now on iOS in the world’s most popular crypto wallet. #winning (257 points, 131 comments)
    8. "The vast majority of mining hash power was controlled by people who were psychologically incapable of disobedience to perceived authority." -Mike Hearn (250 points, 194 comments)
    9. "BTC True Believers" Are Boycotting the First National Talk Radio Show that ever Discussed Bitcoin because they accept BCH payments. (245 points, 116 comments)
    10. All I keep hearing is that Bitcoin Cash is an infested cesspool of lawless, leaderless, disrespectful, narcissistic, greedy, scammy, capitalistic anarchists that will never create digital money! I swear I’m getting dejavu! (225 points, 46 comments)
  2. 3965 points, 19 submissions: hunk_quark
    1. Warren Buffet's Berkshire is the single largest stockholder in BoA and WellsFargo. In case you were wondering about his attitude towards Bitcoin. (614 points, 114 comments)
    2. Purse.io is paying its employees in Bitcoin Cash. (447 points, 63 comments)
    3. Shoutout to Kraken for standing up to NY Attorney General. If Schneiderman wants transparency and accountability he should be looking into auditing the fed. (406 points, 28 comments)
    4. Bitcoin is rat poison. The bankers are the rats. (404 points, 56 comments)
    5. Forbes Author Frances Coppola takes blockstream to task. (364 points, 35 comments)
    6. Purse CEO Andrew Lee confirms they are paying employees in BCH and native BCH integration update will be coming soon! (343 points, 43 comments)
    7. PSA: So called 'low-fee' cryptocurrency Litecoin has transaction fees 20x higher than Bitcoin Cash (264 points, 80 comments)
    8. After today's BCH Upgrade, longer posts are now enabled on memo.cash! (250 points, 31 comments)
    9. Jeffrey Tucker is promoting bitcoin.com at Atlanta Bitcoin Embassy. (195 points, 57 comments)
    10. Anti-Bitcoiners, life comes at you fast! (109 points, 26 comments)
  3. 3846 points, 30 submissions: Kain_niaK
    1. Bitcoin Cash has not only removed the cap on transactions but also the cap on development. Something new pops up every time I blink. (368 points, 162 comments)
    2. I am getting flashbacks from when I tried to close my Bank of America account ... (353 points, 155 comments)
    3. Fucking /bitcoin assholes reported my twitter account and now I need to verify with a phone number before I can continue with twitter. (325 points, 218 comments)
    4. Paul Wasensteiner: When is @Twitter going to fix the abuse of the report button by @bitcoincoreorg supporters? Why are supporters of a supposedly censorship-resistant money using censorship at every opportunity? (295 points, 106 comments)
    5. We should pirate the entire piratebay.org website and all it's functionality directly on to the Bitcoin Cash blockchain. The piratebay.org is just magnet links and comments. Then they will say bcash stole our business ... (232 points, 439 comments)
    6. Fees higher than a dollar cent or waiting times longer than a couple of seconds defeat the entire purpose of why Bitcoin was invented. (218 points, 164 comments)
    7. moneybutton.com is a configurable client-side Bitcoin Cash (BCH) wallet in an iframe. When the user makes a payment, a webhook URL is called allowing your app to respond to the payment, such as displaying content behind a pay wall. (189 points, 37 comments)
    8. We proudly present BCHpizza.org! Now the community can create city bounties for pizza shops to incentivize them to accept Bitcoin Cash. First pizza shop in a city to do so gets the bounty! (177 points, 117 comments)
    9. Bitcoin Cash can turn in to the biggest non violent protest against the establishment ever : "We simply stop using their money." Which is a great way of getting edgy teenagers to join us. There is an almost infinite supply of edgy teenagers in the world. (156 points, 42 comments)
    10. We need testers for the Cash Shuffle plugin. (121 points, 17 comments)
  4. 3666 points, 28 submissions: Windowly
    1. "Billion-dollar corporations take note: Bitcoin Cash is open for business! Just try to fill up our blocks, I dare you. There will be no "Fidelity Effect" with BCH. Unlike BTC, we want you to use the Blockchain. BCH never really hits a scale ceiling."~Dr. Peter Rizun (415 points, 177 comments)
    2. "In a discussion group of BCH, lots of investors concerned about the address confusing problem. BCH community should push every software of ecosystem to upgrade to Cashaddr ASAP."~Jihan Wu (366 points, 215 comments)
    3. "Maybe the best way to bring economic freedom to the world is to make an uncensorable Twitter."~Ryan X. Charles (300 points, 114 comments)
    4. Newbie tip! Do yourself a favor, get a Protonmail email account and switch all your crypto exchanges to that email. No reason Google/Gmail need to have your entire crypto history at their fingertips. (299 points, 133 comments)
    5. "On the 15th of May, I'll be popping the champagne, not to celebrate high fees, but to celebrate continued low fees, privacy enablements, smart contract capabilities, and PayPal level throughput capability."~Eli Afram (233 points, 46 comments)
    6. 24% of the trading on GDAX in the last 24 hours was for Bitcoin Cash (BCH)! 😊💃 (185 points, 16 comments)
    7. Yeah!! "We are pleased to announce that the new Bitcoin Cash address format has been implemented on QuadrigaCX. This will help our users to easily distinguish Bitcoin and Bitcoin Cash addresses when funding/withdrawing their account. The BCH legacy addresses will still be supported." (165 points, 8 comments)
    8. ANNOUNCE: Coinbase has blocked the official @WikiLeaks shop from its platform without notice or explanation. You can continue to donate #Bitcoin to WikiLeaks at https://WikiLeaks.org/donate . (164 points, 55 comments)
    9. There is a Bitcoin Unlimited election today. (BU is one of the 6+ development teams that develop clients for Bitcoin Cash (BCH). BU has a unique governance system where developers are not king. . instead members vote on proposals. If you are a member, please vote! (161 points, 29 comments)
    10. Bitpay Adds Bitcoin Cash Support to Checkout Point-of-Sale App - Bitcoin News (151 points, 22 comments)
  5. 2565 points, 15 submissions: BitcoinXio
    1. Bitcoin Cash is upgrading on May 15 to 32MB max block limit (575 points, 335 comments)
    2. Frances Coppola on Twitter: “Congratulations, Blockstream, you have just reinvented the interbank lending market.” (411 points, 139 comments)
    3. Once again Core supporters threaten with lawsuits and government intervention to try to get their way. This is just pathetic and not the foundations of what Bitcoin was built on. These are not bitcoiners. (299 points, 355 comments)
    4. Get ready - Bitcoin Cash is upgrading on May 15th! (198 points, 132 comments)
    5. CobraBitcoin: "Lightning is cool, but nobody should be recommending it to actual merchants for at least the next few years. Merchants like Steam already got hurt by adopting Bitcoin and regretting it later. Lightning needs time to mature and prove itself. Mad hype to rush adoption will harm it." (157 points, 58 comments)
    6. Blockchain on Twitter: “What's that you see? It's all your BCH that now appears in your #ios wallet. Take control of your financial future and #beyourownbank today.” (138 points, 20 comments)
    7. We are living in the digital age of information, which is why censorship has become such an important issue [...] That’s why I’m excited about decentralized social networks built on top of Bitcoin Cash like @BlockPressApp & @memobch. They are new so need work, but the path is being paved. (131 points, 31 comments)
    8. BlockPress published its protocol (123 points, 22 comments)
    9. We have a new alternative public mod logs (96 points, 35 comments)
    10. If Bitcoin Core (BTC) is no longer usable by many people in the world due to being out priced (high tx fees), is it still “borderless”? I’d argue that it’s no longer borderless if people all over the world are excluded from the network. (95 points, 34 comments)
  6. 2030 points, 11 submissions: tralxz
    1. Breaking News: Winklevoss Brothers Bitcoin Exchange Adds Bitcoin Cash support! (508 points, 115 comments)
    2. Jihan Wu was asked "Why are the miners still supporting Bitcoin Core? Is it just a short term profitability play?", he answered: "Yes, exactly." (279 points, 215 comments)
    3. Cobra:"That feeling when Blockstream, [...] release Liquid, a completely centralized sidechain run only by trusted nodes and designed for banks, financial institutions and exchanges." (245 points, 145 comments)
    4. LibreOffice Foundation accepts Bitcoin Cash donations. (191 points, 11 comments)
    5. Breaking News! Vin Armani: "Major mining pools have agreed to establish a treasury and start funding $BCH development from their block rewards. HUGE!!!" (186 points, 80 comments)
    6. CNBC's Fast Money: Ran NeuNer says he would HODL Bitcoin Cash and sell Bitcoin Core. (172 points, 59 comments)
    7. Jihan Wu on Bloomberg predicting Bitcoin Cash at $100,000 USD in 5 years. (172 points, 65 comments)
    8. Let's start the Bitcoin Cash upgrade party. New era for BCH is coming May 15. Privacy tools + smart contracts + PayPal capacity handling. Exciting times ahead! (106 points, 37 comments)
    9. Coindesk: "Florida Tax Collector to Accept Bitcoin, Bitcoin Cash Payments" (60 points, 8 comments)
    10. Adam B.: "Bitcoin is not a democracy". The authoritarian moves by Core makes perfect sense now. (59 points, 46 comments)
  7. 1485 points, 12 submissions: jonald_fyookball
    1. BTCers fundraise for frivolous lawsuit. BCH fundraises to feed Venezuelans. (233 points, 58 comments)
    2. bitcoin admits: best way to use Lightning Network: don't use it. (189 points, 286 comments)
    3. Electron Cash 3.2 is available. Includes new op-codes and fixes for Ledger hardware wallet (180 points, 50 comments)
    4. If you have to call it bcash you've already lost the argument (164 points, 257 comments)
    5. Cash Shuffle plugin 0.2 - Cash Shuffle development continues (131 points, 37 comments)
    6. Claims that BCH is a "centralized coin" are exaggerations at best. (114 points, 83 comments)
    7. (shitpost) philosoraptor meme: if honeybadger don't care... (106 points, 22 comments)
    8. BCH being a minority chain may be a blessing in disguise (97 points, 83 comments)
    9. Another reason to be bullish on BCH (92 points, 18 comments)
    10. BCHpizza already has 4 bounties posted. It's also no longer needed to sign a message to post a bounty. (89 points, 21 comments)
  8. 1393 points, 8 submissions: rdar1999
    1. Naomi Brockwell on Twitter: "[I] won’t succumb to censorship through intimidation." (332 points, 190 comments)
    2. Consensus 2018 sucked hard. Superficial talks, ridiculous ticket price, overcrowded venue. (233 points, 78 comments)
    3. ==> Becash or Begone: reclaiming the "bcash" trolling (213 points, 107 comments)
    4. See in this twitter thread Luke Jr actually arguing that PayPal is cheaper than BCH!! Is this guy in full delirium? Or just spouts misinformation on purpose? (172 points, 227 comments)
    5. ///\ BTC-BCH persists as the most popular trade on ShapeShift.io /// (171 points, 20 comments)
    6. The retard tribalism is so real. SBI japan's financial giant says they will launch a platform with BCH as settlement coin (due to BTC being bad) and XRP as remittances. I provide the link and cryptocurrency shills deny plain literally declared fact. (124 points, 50 comments)
    7. Chris DeRose on Twitter: "So if Roger ver wins the class action lawsuit, I assume that Bitcoin cash can then rightfully sue Bitcoin core proponents for fraud?" (92 points, 61 comments)
    8. Upgrade completed at height 530356! (56 points, 2 comments)
  9. 1377 points, 12 submissions: Egon_1
    1. Genesis Mining:"We are more than happy to announce that Bitcoin Cash is now available as a Native Mining option for all Bitcoin (Sha256) contracts!" (287 points, 22 comments)
    2. Jihan Wu on BCH Lighthouse:”This project was abandoned on BTC Blockchain long time ago, it is very excited to see it is alive again on BCH Blockchain. It can be very huge.” (278 points, 50 comments)
    3. Yahoo Finance: "Bitcoin Goes Lateral as Bitcoin Cash Steals the Show… AGAIN" (189 points, 46 comments)
    4. "Bitcoin Cash is actually more interesting ..." (119 points, 15 comments)
    5. Jeff Garzik:"Just got an earful from a Chicago cabbie, on $LTC He was very grumpy at @SatoshiLite selling, saying it indicated a lack of founder's confidence in his own creation. #StreetCrypto" (100 points, 8 comments)
    6. “Why don't we start saying: "Bitcoin is Cash" It's much harder to refute than "Bitcoin Cash IS Bitcoin"“ (75 points, 49 comments)
    7. "Because Bitcoin Cash is effectively Bitcoin ✌️ (72 points, 22 comments)
    8. Bye Bye P2P Electronic Cash ... (68 points, 88 comments)
    9. Bitcoin.com Wallet needs more useful services integrated... beyond Shapeshift (59 points, 24 comments)
    10. BCH keeps bitcoins minions busy (48 points, 28 comments)
  10. 1291 points, 9 submissions: increaseblocks
    1. Vitalik Buterin says what we've all been saying - CoinDesk is scammy and complicit bad actor in the cryptocurrency world and should be shunned (510 points, 61 comments)
    2. Bitcoin Wallet Mycelium Begins Rolling Out Bitcoin Cash BCH Support (163 points, 39 comments)
    3. Cheddr is a Bitcoin Cash Point Of Sale system that runs in most modern browsers - no server infrastructure required (137 points, 31 comments)
    4. Leaked Telegram chat shows bitcoin.com "fraud" lawsuit was abandoned due to lack of support 😂😂😂 (135 points, 32 comments)
    5. Toshi to expand beyond Ethereum - will add Bitcoin Cash (91 points, 7 comments)
    6. Litecoin transaction fees 20 times higher than Bitcoin Cash (85 points, 44 comments)
    7. DAMN BCH! (68 points, 25 comments)
    8. In honor of the Bitcoin Cash successful upgrade and now we have the true lightning network. I present to you lightningnetwork.cash! (58 points, 22 comments)
    9. Bcore shills are crying right now 😭😭😂😂 (44 points, 10 comments)
  11. 1202 points, 9 submissions: SharkLaserrrrr
    1. Memo is now open source! (361 points, 160 comments)
    2. Based on @BitcoinCashFund report, preliminary calculation: Total spent: $153,138.49 Total spent on Salaries and Travel: $101,996.79 ~66% of donations is spent on themselves, charities/non-profits (official registered ones) limit themselves to less than 10% (161 points, 181 comments)
    3. [PREVIEW] Looks like Lighthouse powered by Bitcoin Cash is coming together nicely thanks to the hard work of an anonymous developer. I wonder how Mike Hearn feels about his project being resurrected. (159 points, 24 comments)
    4. We heard you want a Bitcoin Cash exclusive wallet that uses ‘bits’ and enables you to buy anything online and pay with Bitcoin Cash so we are building one #cashpay #CryptonizeYourPurchases (137 points, 77 comments)
    5. Bitcoin Cash is the real Bitcoin experience. If you have any doubts, go buy something on cryptonize.it, then buy something off a Lightning store and compare what you had to go through to pay for your order. (103 points, 51 comments)
    6. As of today, cryptonize.it shows prices in Bitcoin Cash next to fiat! (81 points, 9 comments)
    7. Incompatible protocols gave us the ’90s web which was not a pretty sight. Let’s not repeat the same mistakes when building censorship resisted social media powered by Bitcoin Cash. Support @MemoBCH protocol. (72 points, 57 comments)
    8. To help developers raise funds, cryptonize.it is sponsoring a Lighthouse server and website so useful projects can be funded by the community directly. (66 points, 7 comments)
    9. $25,- Amazon gift cards back in store, 0-conf. instant delivery, the real bitcoin experience (62 points, 18 comments)
  12. 1189 points, 1 submission: ocist1121
    1. No spend (1189 points, 87 comments)
  13. 1148 points, 6 submissions: BeijingBitcoins
    1. Three years ago today, Mike Hearn published an article explaining exactly what would happen when the 1MB blocksize limit was hit. He was right on all counts. (473 points, 173 comments)
    2. An easy way to visualize the August 1st Hard Fork. Neither of the two branches resulting from a fork can be called "the original road," but only one branch continues towards the same destination. (163 points, 140 comments)
    3. Bitcoin Core fanatics are trying to organize a lawsuit against Bitcoin.com for using the term "Bitcoin (BCH)", while they run around all day labelling it "Bcash" (157 points, 167 comments)
    4. "Bitcoin Cash won't "fork" in May. Instead, Bitcoin Cash will just upgrade." (123 points, 53 comments)
    5. Just launched: Satoshi Pulse, by Bitcoin.com (121 points, 44 comments)
    6. Ryan Charles delivers an epic rant about Lightning Network problems (111 points, 19 comments)
  14. 1085 points, 10 submissions: unitedstatian
    1. Reminder: Blockstream plans to make money from the proprietary solutions it sells, which is why it moved away from the free permissionless blockchain to an abstracted layer on top which requires 3rd party solutions to be cost effective for most users. (220 points, 146 comments)
    2. It seems there's been a massive propaganda campaign to brainwash people into thinking hardforks are bad. (180 points, 56 comments)
    3. BCH could really be missing the new big use case. Gamers would love to have real ownership of game items. The first game which will integrate a digital coin and make it popular will be groundbreaking. (141 points, 76 comments)
    4. The guy had 350 bucks received via Lightning Network but he can't even close the channels to actually withdraw the bitcoins. (139 points, 188 comments)
    5. What gives Core the right to change the model so drastically and still keep the brand name? (119 points, 117 comments)
    6. One of the most ignorant - even anti-crypto - argument I hear around is that BCH is a currency controlled by Chinese miners. (88 points, 74 comments)
    7. The first megabytes are far more crucial than the 100th. Not every MB was born equal and by giving up on adoption for years Core may have given up on adoption forever. (69 points, 20 comments)
    8. In light of the recent ERC-20 bug I think this is a good time to remember these wise words (54 points, 25 comments)
    9. If BCH had decent privacy features it'd gain so much more market share. It's hard to compete with privacy-always-on coins such as XMR but many more coins offer moderate privacy and would be easy to beat. (42 points, 31 comments)
    10. If Memo taught me one thing it's the more uses around the coin the better - can BCH be adopted to help fight counterfeiting? (33 points, 4 comments)
  15. 1055 points, 5 submissions: ForkiusMaximus
    1. MortuusBestia hits on a pitch-perfect way of looking at BCH's value proposition in epic comment on /BitcoinMarkets (604 points, 109 comments)
    2. I am excited that BCH is being irrationally criticized, because it reminds me of 2011 and 2012 when Bitcoin was being irrationally criticized. Any of 2013, when the price rose 100x. (183 points, 82 comments)
    3. Japanese tweeter makes a good point about BTC: "You don't call it an asset if it crumbles away every time you go to use it. You call it a consumable." (144 points, 21 comments)
    4. Jimmy Nguyen: Bitcoin Cash can function for higher level technical programming (80 points, 3 comments)
    5. How NOT to tell which is "the real Bitcoin" (44 points, 15 comments)
  16. 1032 points, 6 submissions: theantnest
    1. Let's start a class action lawsuit against Canada for calling their currency the dollar. I accidentally bought CAD when I wanted USD, and didn't know I could just exchange it again. (511 points, 243 comments)
    2. BTC noobs conned into being concerned about node count to distract them from the real centralization problem: (137 points, 172 comments)
    3. Any real scientist interested in Bitcoin should be happy Bitcoin Cash exists. (110 points, 40 comments)
    4. Blockstream shill admits to exaggerating and slandering Roger purely because he doesn't support BTC. (103 points, 49 comments)
    5. Cognitive Dissonance: It's totally fine to call BCH 'bcash', but it's fraudulent to call it Bitcoin? (93 points, 51 comments)
    6. Be Cash! (78 points, 45 comments)
  17. 1029 points, 7 submissions: zhell_
    1. MEMO NOW SUPPORTS REPLIES, join the Party now ! (208 points, 50 comments)
    2. memo.cash has been generating 2000 tx/day since its start, which is near 10% of all transactions on the BCH network. (201 points, 73 comments)
    3. "Money comes from being the most tradable of all commodities" Austrian Economics (189 points, 104 comments)
    4. Fiat is crashing: Inflation in the US averages at 10%/year in the past 5 years when measured as the price of the top 500 items on which Americans spend their after-tax dollars. (183 points, 49 comments)
    5. Memo.cash breaks a record with 3000 on-chain actions in the last 24h after implementing replies (143 points, 25 comments)
    6. with 2k tx/day, memo.cash is only using ~0.09% of 8MB blocks capacity currently on the BCH network (that would be 0.02% of 32MB blocks) (69 points, 3 comments)
    7. Help! I bought what I thought was Bitcoin and it is now gone! /s (36 points, 8 comments)
  18. 1020 points, 4 submissions: Anenome5
    1. Let's End the War and focus on the TRUE ENEMY (719 points, 349 comments)
    2. Satoshi's original whitepaper talks about "Reclaiming Disk Space" by pruning transactions, what's being done on this front? Core-trolls say we don't need to store forever that you bought a coffee, and that's true, and Satoshi also proposed how to fix that long ago. (200 points, 166 comments)
    3. Core'er says $50 fees "a wtf moment for everyone" but doubts it will ever happen again. Seems they're in for a surprise, BTC is still extremely vulnerable to transaction-fee price-inflation due to low capacity. BTC transaction fees currently 19+ times higher than BCH. (65 points, 30 comments)
    4. Bitcoin Cash, the early years... [OC] (36 points, 16 comments)

Top Commenters

  1. jessquit (3904 points, 368 comments)
  2. Kain_niaK (3058 points, 684 comments)
  3. bambarasta (2674 points, 360 comments)
  4. H0dl (2352 points, 464 comments)
  5. rdar1999 (2352 points, 404 comments)
  6. BitttBurger (2301 points, 313 comments)
  7. Adrian-X (2118 points, 506 comments)
  8. MemoryDealers (2084 points, 102 comments)
  9. trolldetectr (2073 points, 502 comments)
  10. LexGrom (2055 points, 709 comments)
  11. Ant-n (1834 points, 334 comments)
  12. LovelyDay (1820 points, 468 comments)
  13. jimbtc (1734 points, 212 comments)
  14. fruitsofknowledge (1618 points, 469 comments)
  15. ForkiusMaximus (1612 points, 211 comments)
  16. unstoppable-cash (1537 points, 201 comments)
  17. unitedstatian (1485 points, 388 comments)
  18. jonald_fyookball (1481 points, 142 comments)
  19. Bitcoinopoly (1471 points, 175 comments)
  20. BeijingBitcoins (1430 points, 100 comments)
  21. KoKansei (1330 points, 84 comments)
  22. MobTwo (1309 points, 93 comments)
  23. btcnewsupdates (1263 points, 153 comments)
  24. lubokkanev (1252 points, 298 comments)
  25. BitcoinXio (1251 points, 76 comments)
  26. taipalag (1248 points, 250 comments)
  27. mrtest001 (1075 points, 271 comments)
  28. LuxuriousThrowAway (1072 points, 163 comments)
  29. MarchewkaCzerwona (1046 points, 119 comments)
  30. cbeaks (985 points, 175 comments)
  31. SharkLaserrrrr (976 points, 135 comments)
  32. tippr (974 points, 523 comments)
  33. knight222 (963 points, 132 comments)
  34. PsyRev_ (941 points, 189 comments)
  35. radmege (919 points, 62 comments)
  36. Anenome5 (914 points, 182 comments)
  37. Churn (886 points, 75 comments)
  38. 324JL (855 points, 200 comments)
  39. emergent_reasons (854 points, 143 comments)
  40. TiagoTiagoT (841 points, 320 comments)
  41. bahkins313 (831 points, 121 comments)
  42. silverjustice (825 points, 62 comments)
  43. cryptorebel (812 points, 148 comments)
  44. scotty321 (811 points, 121 comments)
  45. DaSpawn (808 points, 113 comments)
  46. homopit (795 points, 100 comments)
  47. AcerbLogic (786 points, 205 comments)
  48. normal_rc (777 points, 59 comments)
  49. fiah84 (774 points, 136 comments)
  50. Deadbeat1000 (753 points, 61 comments)

Top Submissions

  1. No spend by ocist1121 (1189 points, 87 comments)
  2. 1 For whoever questions the utility of Bitcoin, here's banking summarized accurately by rlibec (783 points, 163 comments)
  3. Let's End the War and focus on the TRUE ENEMY by Anenome5 (719 points, 349 comments)
  4. Am I the only one that doesn't mind Bitcoin Cash being called "Bitcoin Cash" instead of just "Bitcoin" (for now)? by d3on (672 points, 401 comments)
  5. Warren Buffet's Berkshire is the single largest stockholder in BoA and WellsFargo. In case you were wondering about his attitude towards Bitcoin. by hunk_quark (614 points, 114 comments)
  6. MortuusBestia hits on a pitch-perfect way of looking at BCH's value proposition in epic comment on /BitcoinMarkets by ForkiusMaximus (604 points, 109 comments)
  7. coincall.io labels BCH a "shitcoin" by groovymash (586 points, 329 comments)
  8. Erik Voorhees: “Roger - please stop referencing me to back up your opinion that Bitcoin Cash is Bitcoin. It isn't. Bitcoin is the chain originating from the genesis block with the highest accumulated proof of work. The Bitcoin Cash fork failed to gain majority, thus it is not Bitcoin.” by sumsaph (585 points, 547 comments)
  9. Can’t believe this was available. My new license plate.. by VanquishAudio (581 points, 113 comments)
  10. Bitcoin Cash is upgrading on May 15 to 32MB max block limit by BitcoinXio (575 points, 335 comments)

Top Comments

  1. 322 points: rdar1999's comment in My dog ate my TREZOR. Check your recovery seeds folks!
  2. 314 points: my_next_account's comment in Erik Voorhees: “Roger - please stop referencing me to back up your opinion that Bitcoin Cash is Bitcoin. It isn't. Bitcoin is the chain originating from the genesis block with the highest accumulated proof of work. The Bitcoin Cash fork failed to gain majority, thus it is not Bitcoin.”
  3. 259 points: everyother's comment in 1 For whoever questions the utility of Bitcoin, here's banking summarized accurately
  4. 225 points: morli's comment in Can’t believe this was available. My new license plate..
  5. 209 points: groovymash's comment in coincall.io labels BCH a "shitcoin"
  6. 206 points: insanityzwolf's comment in Am I the only one that doesn't mind Bitcoin Cash being called "Bitcoin Cash" instead of just "Bitcoin" (for now)?
  7. 183 points: BitttBurger's comment in MoneyTrigz fails to raise more than $3,700 for Bitcoin.com lawsuit. Considers pulling the plug.
  8. 182 points: patrick99e99's comment in I used to think BCH was the bad guy, now I'm beginning to change the way I see it... Convince me that BCH is the real Bitcoin
  9. 175 points: RollieMe's comment in Trying to see both sides of the scaling debate
  10. 156 points: KillerDr3w's comment in My dog ate my TREZOR. Check your recovery seeds folks!
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Meanwhile over at Counterparty the Devs are busy adding features to Bitcoin - And like "NOW" ....

rubensayshi [10:39 PM] there's a bunch of big projects using counterparty tokens for serious business, in production
afaik that's more than ethereum has, and for good reason, ethereum hadn't even reached their production ready release yet and are still working on a switch of their consensus algorithm cuz PoW isn't safe enough for them with the current hash rate
excluding the DAO insanity xD
the EVM on counterparty will actually work with the existing CP assets, so it's far from seperate. this is actually and advantage because for ethereum contracts to work with a different token then eth it needs to be coded into the contract or if multiple contracts want to be interoperable they need to agree on a standardized contract for the tokens (afaik).
CP already has a standard in place on how everyone should/could be dealing with tokens because we already have the base layer of assets
also if you read around the Symbiont chats enough you should have picked up that they no longer want to be tied to counterparty and visa versa and instead only want to be seen as individuals who work on an open source project.
first last [10:59 PM] Does counterparty has any actual competent project leaders that commit 100% of their productive time to research and development of counterparty itself (not the projects that use counterparty created tokens)? If not and the project operates on some bounty programs, than I consider this project close to dead.
Harri [11:31 PM] first last, Etherem is sand box for Bitcoin
first last [11:41 PM] The counterparty token does not reflect the potential value something that counterparty supposdly should offer to the market. There are only two reasons to explain this: 1. The market is stupid, doesn't understand why counterparty backed by the security of bitcoin blockchain should have value. 2. The market isn't stupid and it sees what is going on, lack of commitment, founders moved to other projects. Which one is true. This is what I'm trying to understand here.
rubensayshi [11:43 PM] both?
Robby Dermody [11:47 PM] regarding commitment, we (I, the board, and several other devs) are in the process of revitalizing the project. I won’t try to convince you on what that means — I think the results will speak for themselves a few months down the road. your #1 is largely the case I think because we’ve done a poor job raising awareness of the project (which works well, today, unlike many other projects). that is under change as well (just last week we put together our outreach team and had our first meeting a few days ago). so I won’t make a bunch of empty promises, but things are definitely headed in the right direction
rubensayshi [11:48 PM] tbh the current protocol has enough features and is stable. if you need tokens on a secure chain then the current version of CP without any development is probably sufficient for a project to use it and never need much change to it?
EVM enables advanced features to be added loosely for people who want it to enhance their current tokens. other people who just want smart contracts but on the bitcoin blockchain.
Harri [11:48 PM] sounds like both are/have been situation, but mean that if it can solve then counterparty is good investment/not even near dead?
rubensayshi [11:49 PM] I agree with Robby that I think counterparty has drifted to the back of peoples mind too much and they now look to do simple token things on ethereum I hate people calling counterparty a good investment, it's a good protocol / product to use if you need tokens.
I don't care about it being an investment or not. and you're guaranteed that it will be there as long as bitcoin and remains secure even if usage would decline instead of grow, if you use counterparty for having a secure decentralized token protocol you won't really care because it's stable and will keep all its properties as long as bitcoin doesn't die.
Harri [11:53 PM] for me it is investment because it is only reason why i have come for cryptos and for counterparty, so used that word. I havent any skills to code etc. Maybe someday hope to start some project around Counterparty or make last one ready if that is someday possible with Counterparty, but its not atm thing for me. but yes it is good protocol / product :slightly_smiling_face: and now things have go much more forward than what was situation few months ago and that is great.
rubensayshi [11:57 PM] also the EVM enables us to loosely add more features through smart contracts, things as complex as the DEX could probably be added as a (big) smart contract. and because the underlying token layer provides a standard for everyone it's easy to have interoperability.
though as we've already seen with the first big smart contract last week, the DAO, it can contain bugs and then it's immutable lol
Robby Dermody [12:01 AM] also on the dev front, I’m in the process of updating and streamlining the toolset — for instance yesterday I took counterblock to python3, in the next few days I’m revamping the build system to be much easier to use and more useful, then I’m going to be revamping the documentation organization and working with others to make better getting started resources for both users and devs.
Counterwallet is in the process of getting much needed updates and improvements — we’ve recently ordered the tasks to work on, and are starting to knock those down P2SH support and some other updates will be hitting develop here in the next few days, and ( @rubensayshi can correct me if I’m off) should hopefully be able to go live on mainnet in 4-6 weeks time
the outreach group will be working to help get this news out there, and raise awareness of CP through our connections with several journalists. it’s run by myself, Trevor, David Allen (who has done this same thing for Gems, LTB, etc) and Matt Young. most of the team has solid marketing and PR-type experience (and we’re open to 1 or 2 more additional members) we’ll be releasing an update shortly with all of this information
first last [12:31 AM] Thanks for answering, Some questions about the potential of counterparty. I see 3 major potential use cases for counterparty. Prediction markets, DEX, IOT. All of them demand some kind of lighting implantation in order to offer high speeds and maintain some decentralization. Will/can Lighting network be used by counterparty? Also what are your thoughts about rejection of counterparty by some of the bitcoin core devs, calling the transaction as spam? Will counterparty have to move to a sidechain? If so, it will probably be less secure. Are there any plans to get the core devs of bitcoin on board with counterparty, as they probably see the potential of ethereum. If ethereum surpasses the market cap of bitcoin than bitcoin will become irrelevant even as a store of value. At least with counterparty bitcoin has a use case, with ethereum bitcoin has no value.
Robby Dermody [12:36 AM] Regarding lightning, @rubensayshi can provide more info here, but AFAIK some CP support should be possible (if @rubensayshi doesn't, I will be looking into it/doing that implementation after this tools work)... Here is some work storj did recently around CP and micropayment channels: https://github.com/f483/picopayments the upcoming p2sh support makes that possible
GitHub F483/picopayments picopayments - Counterparty micropayment channels
F483 [12:36 AM] still doing not done yet
the main probem with counterparty is it doesnt support multiple inputs/outputs in a single tx so two way channels as wcith lighting are not possible, however two unidirectional channles are possible
Robby Dermody [12:38 AM] The rejection from core devs is old news. That was the case in early 2014, (and is still the case with a few, probably). Everyone will have the opinions on embedded consensus, bit CP I think has shown a lot of value to Bitcoin, and we intend to show more. Also, there is really no risk on any kind of censorship of Bitcoin tx... That ship has sailed
(Last I heard, Chris DeRose was even working on lukejr coming around :smile:)
F483 [12:40 AM] @robbyd: I would gladly work with you guys on getting picopayemnts more tightly integrated into counterparty
Robby Dermody [12:40 AM] @f483: we can address that limitation, especially if it impedes lightning network dev
a first step would be removing that limitation
currenly I am implementing this protocol design https://github.com/F483/picopayments#protocol
GitHub F483/picopayments picopayments - Counterparty micropayment channels
Robby Dermody [12:42 AM] @counterpartybitcoin: cp will not have to move to a side chain... That's a big value to it... It runs on Bitcoin mainnet. That won't/shouldn't change in the future, although that's not to say that it couldn't run on a side chain as well possibly, in the future
F483 [12:44 AM] with multiple inpuits and outputs lighting network should be able to be implemented with a design similar to https://github.com/Storj/storjspec/blob/mastestorjlib/micropayments.md#bidirectional-trustless-micropayent-channels
GitHub Storj/storjspec storjspec - Storj protorcol specification and compatibility tests.
im not sure if the whitepaper of lightning network is now updated to use the new opcodes
Robby Dermody [12:48 AM] @f483: would you possibly be open to working on a PR to add multi input/output support to cp-lib? I'd or @rubensayshi would be happy to go over the relevant internals with you, if so
F483 [12:48 AM] im not sure if I have the time for that I currently work full time with storj
rubensayshi [12:48 AM] I've taken a few hours in the past to see how doable it wouldbe though on protocol level it shouldn't be hard the codebase is very biased towards single input / single output
F483 [12:49 AM] helping with micropayments would work as our intrests overlap, but im not sure if going further would be viable for us. i mostly code in the trenches and such decisions are made highr up ...
Robby Dermody [12:50 AM] @rubensayshi: agreed about the single input/output bias...
rubensayshi [12:51 AM] though it's probably the 1 feature that would be at the top of my list cause it enables atomic swaps with a specific person, atm only the DEX enables atomic swaps
F483 [12:51 AM] has the p2sh PR found its way into the main repo yet, or whats the eta on it? yeah I would say its high prio, atomic swapts are pretty nice
rubensayshi [12:52 AM] I rebased it yday
F483 [12:53 AM] nice
rubensayshi [12:53 AM] we gotta make a plan on how to release it testnet first and then mainnet etc
Robby Dermody [12:55 AM] I was planning on merging it into develop this week (everyone feel free to run through the diff again)....the mainnet block is way off in the PR... We can run it on testnet, then at some point (a few weeks, once we get some more validation??), set the mainnet release block and do a new release of the software? (edited)
F483 [12:59 AM] I can checkout your PR later and run my tests with it, see if its still ok
Robby Dermody [12:59 AM] Optimally, I'd like to get the p2sh support in counterwallet ASAP, and reach out to the community to mess around with p2sh multisig via cw... We'd get the best testing, realistically (in addition to the devs mucking with it)
F483 [12:59 AM] ^ this
rubensayshi [1:00 AM] tbh we maybe should reach out to some people who are in production and discuss their testing strategy, because it looks to me like many people either aren't testing or testing on mainnet judging by the activity on testnet.
I think the EVM safeguard discussion is also boiling down to this
F483 [1:01 AM] yeah sometimes I feel only my transactions are on testnet ...
Harri [1:32 AM] sounds pretty good Robby and Ruben, nice work
F483 [1:55 AM] @robbyd: @rubensayshi if we want micropayments to be included in the api I can change the picopayments api to be better suit for that and submit it as a PR instead of being a stand alone project. from there we could evlove it into a more lightning network like protocol once cp supports the needed features
rubensayshi [1:57 AM] atm my focus is mostly on the EVM, but I do think that it would be really nice of we could have an easy way for people to do payment channels with CP and if we have it build into cp-lib then we could also consider it the defacto standard and add support for it to counterwallet
F483 [1:58 AM] I think that would also be in our intrest, as more users = more bugs found/squashed etc
and it is general purpose and in now way limited to storj I think keeping it in picopayments is good for now until I have implemented. Then when it works move it over in a way that makes sense I think I need some basic additional calls that are not exposed (get utxos for address, get rawtx for txit) but I may be able to work around that, not sure yet. (edited)
Robby Dermody [2:30 AM] @f483: that sounds good to me. I would like for your work to see wider use in counterparty-lib if it’s possible… CP really needs this functionality and it makes sense to pull from something already working, especially since that is written in python as well (given the normal caveats about the code styles matching (aiming towards pep8), unit tests, etc …but all of that is rather simple…)
F483 [2:31 AM] yes I agree, I code python 2/3 code and am using pycoin internally to parse/sign etc I try to get 100% coverage and my build fails on lacking pep8 currently no auto travis builds though as I need a local branch for p2sh and a local bitcoind client but as soon as p2sh makes it to the public dev servers I will use them for unit tests
Robby Dermody [3:00 AM] pep8 is rather easy with autopep8 (to at least take care of all the annoying whitespace issues)
Robby Dermody [4:04 AM] ​regarding P2SH:​ p2sh will be merged to develop in a few days and after a few weeks of testing in develop it will go live on mainnet. feature live on mainnet: we’re aiming at 4-6 weeks.
F483 [4:12 AM] I think I should also have working micropayments by then and can start working on a PR for cp-lib, good timing!
rubensayshi [4:15 AM] yea, after the EVM I really want to do auto formatting on the whole codebase to make everything pep8 but it ruins the git history a lot cuz our codebase is pretty ... meh so need a moment when there's not too many outstanding branches open
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Bitcoin Uncensored - YouTube Jeffrey Robinson Bitcoin interview by Chris DeRose OpiDoki: Truth Made Easy. Chris DeRose's OPI and Blockchain Beach 2104 Hackathon Submisson Bitcoin $2,000! (Market Analysis & Key Lessons)

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Bitcoin Uncensored - YouTube

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