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Bitcoin Unlimited member Andrew Stone is arguing for his proposal group for miner validated tokens again in his latest []( article "[BCH: Looking back and Moving forward](" . Now under [the initiative]( of George Donnelly, and [supported by]( Jonathan Toomim, there's discussion again around shortening the blocktime on Bitcoin Cash. Not that these aspects of the protocol are sacred but these thing sound an awful lot like discussion [already thoroughly had in 2018]( As for as I'm concerned the takeaway was pretty decisively that miner validated tokens were not worth the tradeoff and hence SLP became the main BCH tokenspecification. If we were to change course on that now that would literally set BCH back two years. The takeaway on decreasing the blocktime (for me) was that it could not meaningfully improve the user experience and that pre-consensus was the correct way address the underlying problem. Make fun of roadmaps and stable protocol for businesses all you want but I think it's pretty sad, just like with the DAA that BCH can't move forward and instead is resolving 2017 problems for the third time. In the spirit of the IFP I only want to add this: You know who decreased blocktimes? Zcash, and now they're number 30 on coinmarketcap.

posted by /u/Mr-Zwets in /r/btc on October 1, 2020 05:12:00

**the year 2020 in Bitcoin Cash so far: a detailed history** What follows at the is a four page long chronological overview of what happened in BCH. *My attempt was to remain as objective as possible and "let the facts speak for themselve" with everything sourced. I also link to many* ** *articles, the decision of which are the important ones to include is certainly not easy, I count on the rest of the community if I overlooked anything important.* ​ **summary & my narrating of the story:** The year started out relatively calm, with cashfusion in "the news" and an older ongoing controversy between Amaury and Roger Ver being worked out. Starting Jan 22nd all debate broke loose with the announcement of “*Infrastructure Funding Plan for Bitcoin Cash*” by Jiang Zhuoer of BTC.TOP. To illustrate this point 2 days later coinspice ran the title " Roger Ver Praises Vigorous Debate, \[...\]" and 6 days, less than a week, later Chris Pacia made a post titled "*The 253rd "Thoughts on developer funding" Article*" which might have been only a slight exaggeration or he might have been counting. Part of the reason of the tsunami was the lack of worked out details. By the time of Pacia's post a lot had changed: Both BU, Bitcoin Verde and a group of miners had made announcements not to go along with "the plan". On feb 1st, the second version of the IFP was announced by Jiang Zhuoer in a post “*BCH miner donation plan update*”. Two weeks later on Feb 15th, the third iteration was announced by Bitcoin ABC which was to be activated by hashrate voting and on the same day Flipstarter was introduced, sign of the search for alternative solutions. After a few more days and a few more people coming out more against the IFP (including Jonald Fyookball, Mark Lundeberg & Josh Ellithorpe), BCHN was announced on feb 20th with a formal release a week later. Also feb 27th, the DAA was brought back into the conversation by Jonathan Toomim with his " *The BCH difficulty adjustment algorithm is broken. Here's how to fix it.*" video. By early march the IFP was effectively dead with its autor Jiang Zhuoer vowing to vote against it. This became clear to everyone when ABC, a day later sudddenly shidted gears towards non-protocol, donation based funding: **the IFP was dead.** End march ABCs 2020 Business Plan was announced as a way to raise $3.3 million. Mid april to mid may was the high time for voluntary funding with four node implementations and General Protocols, a BCH DeFi Startup succesfully raising funds. By May 15th, the 6th HF network upgrade things had pretty much cooled down. The upgraded included nothing controversial and even saw an unexpected doubling in the unconfirmed transaction chain. June 15th a month later things started to heat up again with the BCHN announcement to remove the "poison pill" or "automatic replay protection". 8th Jul Jonathan Toomim posted *"BCH protocol upgrade proposal: Use ASERT as the new DAA*" which promised the solution to the long dragging DAA problem. Jul 23th however an unexpected twist occured when Amaury Séchet posted "*Announcing the Grasberg DAA*" an incompatible, alternative solution. This, again, sparked a ton of debate and discussion. Grasberg lasted just two weeks from Jul 23th to Aug 6th when ABC announced its plans for the november 2020 upgrade but it had succesfully united the opposition in the meanwhile. ABCs plan for november included dropping drasberg in favour of aserti3–2d and introducing **IFPv4**. Now we're here August 8th, the IFP which was declared dead after just over a month (Jan 22-Mar 5) is now **back in full force**. The rest of the history is still being written but if p2p electronic cash is to succeed in any big regard it's very thinkable that these events will get into history books. ​ *Important resources:* [*coinspice IFP timeline*]( *&* [*Compiled list of BCH Miner Dev Fund posts, articles, discussions*]( ​ **History** Jan 13th : “Do CoinJoins Really Require Equal Transaction Amounts for Privacy? Part One: CashFusion” article by BitcoinMagazine \[[source](\] Jan 13th : “Clearing the Way for Cooperation” article by Amaury Séchet \[[source](\] on the controversy with Roger Ver about the amount of donations over the years Jan 22nd : “Infrastructure Funding Plan for Bitcoin Cash” IFPv1 announced by Jiang Zhuoer of BTC.TOP \[[source](\] IFPv1: 12.5% of BCH coinbase rewards which will last for 6 months through a Hong Kong-based corporation & to be activated on May 15th Jan 22nd : ”Bitcoin Cash Developers React to Infrastructure Fund Announcement: Cautiously Optimistic” coinspice article including Amaury Séchet, Antony Zegers, Jonald Fyookball & Josh Ellithorpe \[[source](\] Jan 23rd : Jiang Zhuoer reddit AMA \[[source](\] \[[coinspice article](\] Jan 23rd : Vitalik weighs in with his take on twitter \[[source](\] Jan 23rd :” On the infrastructure funding plan for Bitcoin Cash” article by Amaury Séchet \[[source](\] \[[coinspice article](\] in which he proposed to place control of the IFP key in his hands together with Jonald Fyookball and Antony Zegers. . A group of 7 to 12 miners, developers, and businessmen in total would get an advisory function. Jan 24th : “'s Clarifications on the Miner Development Fund“ which emphasizes, among other things, the temporary and reversible nature of the proposal \[[source](\] \[[coinspice article](\] Jan 24th : “Little Known (But Important!) Facts About the Mining Plan” article by Jonald Fyookball in which he defended the IFP and stressed its necessity and temporary nature. Jan 25th : massive amounts of public debate as documented by coinspice \[[coinspice article](\] with Justin Bons, Tobias Ruck and Antony Zegers explaining their take on it. Jan 26th : public debate continues: “Assessment and proposal re: the Bitcoin Cash infrastructure funding situation” article by imaginary\_username \[[source](\] which was noteworthy in part because the post earned over Earns $1,000+ in BCH \[[coinspice article](\] and “The Best Of Intentions: The Dev Tax Is Intended to Benefit Investors But Will Corrupt Us Instead” by Peter Rizun \[[source](\] Jan 27th : “We are a group of miners opposing the BTC.TOP proposal, here's why” article on \[[source](\] \[[reddit announcement](\] Jan 27th : Bitcoin Unlimited's BUIP 143: Refuse the Coinbase Tax \[[source](\]\[[reddit announcement](\] Jan 28th : “Bitcoin Verde's Response to the Miner Sponsored Development Fund” article by Josh Green in which he explains “Bitcoin Verde will not be implementing any node validation that enforces new coinbase rules.” \[[source](\] Jan 28th : “Update on Developer Funding” article from \[[source](\] in which they state “As it stands now, will not go through with supporting any plan unless there is more agreement in the ecosystem such that the risk of a chain split is negligible.” And that “any funding proposal must be temporary and reversible.” This announcement from and their mining pool lead the anonymous opposition miners to stand down. \[[source](\] Jan 28th : The 253rd "Thoughts on developer funding" Article – by Chris Pacia, to tackle the “serious misconceptions in the community about how software development works”. He ends on a note of support for the IFP because of lack of realistic alternatives. \[[source](\] Feb 1st: “BCH miner donation plan update” IFPv2 announced by Jiang Zhuoer of BTC.TOP \[[source](\] Which changes the donation mechanism so miners directly send part of their coinbase to the projects they wants to donate to. It would be activated with hashrate voting over a 3-month period with a 2/3 in favour requirement. The proposal also introduces a pilot period and a no donation option, Jiang Zhuoer also says he regards 12.% as too much. Feb 7th: Group of BCH miners led by AsicSeer voice scepticism about the IFP during a reddit AMA \[[source](\] Feb 15th: “On the Miner Infrastructure Funding Plan” article by Bitcoin ABC \[[source](\] In which they announce they will implement IFPv3 in their upcoming 0.21.0 release. This version has amount reduced to 5% of block reward and will go in effect with BIP 9 hashratevoting and a whitelist with different projects. Feb 15th : “Introducing Flipstarter” \[[source](\] Feb 16th :”’s stance on the recent block reward diversion proposals” video by Roger Ver on the Official Channel. \[[source](\] > Ver called Zhuoer’s IFP “clever” but ultimately “problematic.” \[[coinspice article](\] Feb 16th :” BCH miner donation plan update again” article by Jiang Zhuoer of BTC.TOP \[[source](\] In which he briefly outlines the details of IFPv3 Feb 17th : “Latest Thoughts On Infrastructure Mining Plan” post by Jonald Fyookball \[[source](\] Feb 17th : “Regarding the Bitcoin Cash Infrastructure Funding Plan, I am certain now that it should be scrapped immediately.” tweet by Mark Lundeberg \[[source](\] Feb 19th : “Thoughts on the IFP - A Dev Perspective“ article by Josh Ellithorpe \[[source](\] Feb 20th : “Bitcoin Cash Node” post announcing the new node implementation \[[source](\] Feb 20th : First “Bitcoin Cash Developer Meeting” After IFP Proposal \[[source](\] Feb 24th : “Flipstarter 500k, 6 independent campaigns” post announcing the goal to “fund the BCH ecosystem with 6 independent campaigns and an overall 500,000 USD target” \[[source](\] Feb 27th : BCHN Formally Released \[source\] Feb 27th : “The BCH difficulty adjustment algorithm is broken. Here's how to fix it.” Video by Jonathan Toomim \[[source](\] Mar 3th :” Bitcoin Cash Node 2020: plans for May upgrade and beyond” post by BCHN \[[source](\] Mar 4th :”Author of the Bitcoin Cash IFP \[Jiang Zhuoer\] Vows to Vote Against It, Using Personal Hash in Opposition” \[[source](\] Mar 5th :Bitcoin ABC announces their 2020 Business Plan Fundraising for later in march \[[source](\] Mar 15th : “EatBCH campaign funded! Next: node campaigns.” campaign funded after 11 hours \[[source](\] Mar 30th : Bitcoin ABC 2020 Business Plan \[[source](\] $3.3 Million Fundraiser \[[source](\] Apr 17th : Five flipstarter node campaign launched. \[[source](\] Apr 26th : BCHN flipstarter campaign successfully funded. \[[source](\] Apr 27th : VERDE flipstarter campaign successfully funded. \[[source](\] May 4th : KNUTH flipstarter campaign successfully funded. \[[source](\] May 7th : “BCH DeFi Startup General Protocols Raises Over $1 mil“ \[[source](\] May 8th : BCHD flipstarter campaign successfully funded. \[[source](\] May 9th : Deadline for node campaigns, ABC flipstarter campaign not funded. \[[source](\] May 14th : “With IFP Defeated, Bitcoin ABC, ViaBTC & CoinEX CEO Publicly Consider a Bitcoin Cash Foundation” \[[source](\] May 15th : deadline for ABC fundraiser campaign, ends at 55% completed. \[[source](\] **May 15th : 6th HF network upgrade** \-> new opcode op\_Reversebytes, increased of the chained transaction limit from 25 to 50, and the improved counting of signature operations using the new “Sigchecks” implementation \[[source](\] with the “Controversial Funding Plan Rejected by Miners” \[[source](\] May 25th : “Announcing the SLP Foundation” \[[source](\] Jun 15st : “BCHN lead maintainer report 2020-06-15” announcement to remove the Automatic Replay Protection (a.k.a. the Poison Pill) from BCHN in november \[[source](\] Jun 16st : “So \[BCHN\] is going to fork off from BCH at the next upgrade. Same old story. \[…\]” tweeted Vin Armani \[[source](\] Jun 21st : “Why Automatic Replay Protection Exists” post by Shammah Chancellor \[[source](\] Jul 7th : “The Popular Stablecoin Tether Is Now Circulating on the Bitcoin Cash Network” \[[source](\] Jul 8th : “BCH protocol upgrade proposal: Use ASERT as the new DAA” post by Jonathan Toomim \[[source](\] Jul 18th : “$6M Worth of Tether on the Bitcoin Cash Chain Highlights the Benefits of SLP Tokens” \[[source](\] Jul 23th : “Announcing the Grasberg DAA” post by Amaury Séchet\[[source](\] Jul 24th : “Thoughts on Grasberg DAA” post by Mark Lundeberg \[[source](\] Jul 29th : CashFusion security audit has been completed \[[source](\] Jul 31st : Electron Cash 4.1.0 release with CashFusion support \[[source](\] **4th year, august 2020 – 2021** Aug 1st : “Bitcoin Cash: Scaling the Globe“ Online conference for ForkDay Celebration \[[source](\] Aug 2nd : >“Is there going to be a fork between ABC and BCHN?” > “IMO it is very likely. If not in November, then next May.” – Amaury Séchet Aug 3rd : “Dark secrets of the Grasberg DAA” post by Jonathan Toomim \[[source](\] Aug 3rd : “Joint Statement On aserti3-2d Algorithm“ post by General Protocols, including Cryptophyl,, Software Verde & SpinBCH \[[source](\] Aug 3rd : Knuth announces they will be implementing aserti3-2d as DAA for november. \[[source](\] Aug 3rd : Amaury rage quit from the developer call \[[source](\] Aug 4th : “But why do people care about compensating for historical drift? Seems like a tiny problem and if it's causing this much social discord it seems not even worth bothering to try to fix.” Tweet by Vitalik \[[source](\] Aug 5th : “Bitcoin Cash (BCH) November 2020 Upgrade statement” signed by BCHD, electron cash, VERDE, BU members, BCHN developers, Jonathan Toomim, Mark B. Lundeberg and many others \[[source](\] Aug 5th : “BCHN FAQ on November 2020 Bitcoin Cash network upgrade” \[[source](\] Aug 6th : “Bitcoin ABC’s plan for the November 2020 upgrade” \[[source](\] the announcement that they will drop Grasberg in favour of aserti3–2d (ASERT) and will also include FPv4 in which 8% of the blockreward goes to ABC as development funding. Aug 7th : “Joint Statement from BCH Miners regarding Bitcoin ABC and the November 2020 BCH Upgrade.” article by asicseer \[[source](\] stating “Over recent months, most miners and pools have switched to BCHN, and presently operate a majority of BCH hashrate.” Aug 7th : “Simple Ledger Protocol's Joint Statement Regarding Bitcoin ABC on BCH's November 2020 Upgrade” post by the SLP-Foundation \[[source](\]

posted by /u/Mr-Zwets in /r/btc on August 8, 2020 06:04:22

download the electron cash desktop wallet to start fusing!

Commented by /u/Mr-Zwets in /r/btc on October 18, 2020 06:27:57

What you just posted is clear FUD, it's even indicated as such and explained in the first comment. Monero works with obfuscation through ring signatures wereas z2z transactions don't rely on obfuscation at all

Commented by /u/Mr-Zwets in /r/btc on October 17, 2020 11:14:01

While not exactly the main point of the article, what I was getting at is that most people acknowledge zero knowledge proofs are superior privacy tech to ring signature obfuscation, indeed that's when they're being used z2z.

Commented by /u/Mr-Zwets in /r/btc on October 17, 2020 10:32:37

want to draw special attention to this new cashfusion explenation video

Commented by /u/Mr-Zwets in /r/btc on October 2, 2020 22:13:13

shouldn't I ask you? I meant that it is NOT "like preconsensus" in that preconsensus offers stronger secturity guarantees and enables a bunch of other stuff DSproofs doesn't .

Commented by /u/Mr-Zwets in /r/btc on October 2, 2020 13:04:13

he wrote "After initially coming up with the idea of a small proof message that uses cryptography against a thief in 2016 I published the first version in January 2017."

Commented by /u/Mr-Zwets in /r/btc on October 2, 2020 12:50:49

They are not mutually exclusive and whereas Avalanche preconsensus is something for the long term, DSproofs are a near term improvement but indeed there has been some talk by Tom Zander that "It is like preconsensus, but without the cost." which is just not true.

Commented by /u/Mr-Zwets in /r/btc on October 2, 2020 12:49:02

this video was part of the "Bitcoin Cash Network Discussions"

Commented by /u/Mr-Zwets in /r/btc on October 1, 2020 17:10:03

It's more the general impression that BCH must move forward and not get stuck debating the same stuff which I wanted to discuss. I like the long term roadmap by Bitcoin ABC (which obviously didn't include the IFP) because it focuses on solving the fundamental problems. For example pre-consensus would really address transactions time and provide instant confirmations where as changing the blocktime is more of a short term band-aid

Commented by /u/Mr-Zwets in /r/btc on October 1, 2020 08:49:17

There has been some great articles on this and is also well explained By Amaury in the talks I linked: "[Benefits of Canonical Transaction Order](" by Bitcoin ABC, " [The Case for Adding CTOR to Bitcoin Cash in November](" by Jonald Fyookball and the paper "[Canonical Transaction Ordering for Bitcoin]( "

Commented by /u/Mr-Zwets in /r/btc on October 1, 2020 08:38:09

thank you for taking the time, now I learned something today.

Commented by /u/Mr-Zwets in /r/btc on October 1, 2020 08:15:08

the miner validated tokenscheme is was talking about is Group, maybe (probably?) the SLP guys were talking about something different. If this discussion is public (which I doubt) I would love a link so I can read up on what they propose. The initial point still stands, all this was discussed in 2018 already.?

Commented by /u/Mr-Zwets in /r/btc on October 1, 2020 07:23:13

>Avalanche does not scale the protocol You don't know what you're talking about, please watch the talk and then come back. Pre-consensus is a way so synchronize mempools and is absolutely a scaling solution.

Commented by /u/Mr-Zwets in /r/btc on October 1, 2020 07:06:50

> Bitcoin ABC has done nothing to take advantage of the CTOR ordering. yes but that's not what they promised, they promised to scale the protocol. > There is no 22 MB hurdle. I seem to remember the Gigablock testnet and the [onchain scaling stresstest]( of sept 1st 2018 did prove the bottleneck of around that size, but I'll concede this point and look into it further.

Commented by /u/Mr-Zwets in /r/btc on October 1, 2020 06:56:58

No you dind't say that but given that SLP is an op\_return protocol and Group a new transaction type it is obvious that this would happen. SLP and Group are incompatible and while it's technically possible for SLP to live on with Group, this would make no sense as the whole goal of the miner validated tokens tradeoff is to have a superior tokensystem which SPV wallets can validated at the cost of scaling and a more complicated BCH protocol.

Commented by /u/Mr-Zwets in /r/btc on October 1, 2020 06:37:03

> ABC has done little actual scaling work. The efforts to scale are now restarted. You might want to revisit what ABC promised in the first place in [a journey to the moon]( in 2016 and in [A future vision for Bitcoin Cash]( in 2018. Their plan was always to address the biggest hurdles first so that's why they have not prioritized parallelizing code to get beyond the 22MB hurdle. As laid out in the 2018 talk the goals were to address the biggest scaling challenges first being UTXO commitment, pre-consensus and the transaction ordering. CTOR was one of the big three, the research into avalanche constitutes as work on the second. The fact that ABC has a clear plan is definitely a huge plus but people don't seem to know what it even is they set out to achieve.

Commented by /u/Mr-Zwets in /r/btc on October 1, 2020 06:20:46

reminder that under ABC the aim was going [beyond the moon, straight to mars]( The [future vision for Bitcoin Cash]( was incredibly ambitious.

Commented by /u/Mr-Zwets in /r/btc on October 1, 2020 06:09:25

> There are things with SLP that the SLP foundation and developers have raised concerns about, that is solved with miner-validated tokens. This is news to me. Slp developers and the SLP foundation want to abandon SLP tokens and want to build infrastructure from scratch again?

Commented by /u/Mr-Zwets in /r/btc on October 1, 2020 06:05:17

working my way back, started with "[the year 2020 in Bitcoin Cash so far: a detailed history](" and "[The year 2019 in Bitcoin Cash](".

Commented by /u/Mr-Zwets in /r/Bitcoincash on September 30, 2020 11:05:12

working my way back, started with "[the year 2020 in Bitcoin Cash so far: a detailed history](" and "[The year 2019 in Bitcoin Cash](".

Commented by /u/Mr-Zwets in /r/btc on September 30, 2020 11:02:45

did you post this three times?

Commented by /u/Mr-Zwets in /r/btc on September 29, 2020 12:28:31

LBRY is a protocol for decentralised video content. In short it's a better youtube alternative which you can check out at or if you want to download the application.

Commented by /u/Mr-Zwets in /r/btc on September 29, 2020 08:17:12

because Bitcoin Cash actually wants to keep improving and adding new features for which you need hardforks. BTC community decided to never hardfork.

Commented by /u/Mr-Zwets in /r/btc on September 29, 2020 08:10:25

some good points +1

Commented by /u/Mr-Zwets in /r/btc on September 29, 2020 07:31:27

SPV means the lightweight wallet checks the blockheaders and thus has to know the DAA so it know which blocks have enough PoW.

Commented by /u/Mr-Zwets in /r/btc on September 29, 2020 07:28:57

then this doesn't apply

Commented by /u/Mr-Zwets in /r/btc on September 29, 2020 06:53:37

you should look into the Austrian school of economics, they argue deflation is not in fact a problem

Commented by /u/Mr-Zwets in /r/btc on September 29, 2020 04:42:04

yes their service will continue which is arguably the best usecase for BCH

Commented by /u/Mr-Zwets in /r/btc on September 29, 2020 04:40:32

nope :) although it's always better to have your coins on keys you control, and SPV wallets place the most contol with the user and the least trust with 3rd parties of all light weight wallets.

Commented by /u/Mr-Zwets in /r/btc on September 29, 2020 04:35:55

It does not seem likely that it is being gamed by spinning up old nodes? If anything you would expect the number of upgraded nodes to be sybiled. I think way more outreach still needs to happen, from both sides.

Commented by /u/Mr-Zwets in /r/btc on September 29, 2020 02:24:48


Commented by /u/Mr-Zwets in /r/btc on September 29, 2020 02:09:17


Commented by /u/Mr-Zwets in /r/btc on September 29, 2020 02:08:50

I don't like this assuming bad faith

Commented by /u/Mr-Zwets in /r/btc on September 27, 2020 04:53:31

the coinspice youtubechannel is a treasure of good content: []( almost guaranteed to fnd something interesting you have not watched before

Commented by /u/Mr-Zwets in /r/btc on September 26, 2020 08:28:52

Great episode by Collin Enstad with Edward Kelso (formerly of coinspice, now starting Coin Fugazi) talking about how Coinspice fell victim to infighting due to the upcoming split. "Bitcoin Cash, Then, Now, and When w/ Kelso of Coin Fugazi - CILII #93": [](

Commented by /u/Mr-Zwets in /r/btc on September 26, 2020 06:58:11

yes this has been asked before but the answers were quite clear: " What is BCHN’s roadmap, is it the same as" [\_is\_bchns\_roadmap\_is\_it\_the\_same\_as/](

Commented by /u/Mr-Zwets in /r/btc on September 25, 2020 13:21:27

has been asked before: " What is BCHN’s roadmap, is it the same as" [\_is\_bchns\_roadmap\_is\_it\_the\_same\_as/](

Commented by /u/Mr-Zwets in /r/btc on September 25, 2020 13:20:44

BCHN trading at roughly 82% of BCH price, BCHA at 17% of BCH price. link: [](

Commented by /u/Mr-Zwets in /r/btc on September 25, 2020 12:49:55

yes but it's those few of real viable projects that make it interesting I don't use memo personally for those reasons, really excited for the DEX of the cryptophyl team!

Commented by /u/Mr-Zwets in /r/btc on September 25, 2020 12:37:15

hopefully that can still be prevented

Commented by /u/Mr-Zwets in /r/btc on September 25, 2020 11:17:32

this would be very unfortunate, please consider running a flipstarter!!!

Commented by /u/Mr-Zwets in /r/btc on September 25, 2020 11:12:07

Great talk, great guy Nice to see some of the scholars associated with MisesU reaching out

Commented by /u/Mr-Zwets in /r/btc on September 20, 2020 08:05:25

lets not invite the BSV trolls back in.

Commented by /u/Mr-Zwets in /r/btc on September 19, 2020 17:48:24

always be careful with free money in crypto, but this looks legit. Great to see ppl using BCH, that wallet is really freaking fast

Commented by /u/Mr-Zwets in /r/btc on September 19, 2020 17:34:55

sorry if this question is obvious to others but what benefit does yet another node (written in yet another language) bring?

Commented by /u/Mr-Zwets in /r/btc on September 19, 2020 04:03:46

for the others confused: this is about Jonathan Gonzalez

Commented by /u/Mr-Zwets in /r/btc on September 19, 2020 04:01:39

no reddit does that sometimes. downvoted this for being low quality content

Commented by /u/Mr-Zwets in /r/btc on September 17, 2020 13:13:01

the tumbnail is so over the top that I can't even Godwin's law strikes again?

Commented by /u/Mr-Zwets in /r/btc on September 15, 2020 08:35:36

"Collin' it like it is" is the best Bitcoin Cash centered show imo!

Commented by /u/Mr-Zwets in /r/btc on September 9, 2020 15:40:02

no you need the desktop version to install the flipstarter plugin.

Commented by /u/Mr-Zwets in /r/btc on September 7, 2020 10:37:57

people can fork it! upload it on your own channel! I like the video because of the video, not because of where it was published.

Commented by /u/Mr-Zwets in /r/btc on September 7, 2020 04:37:15

link: [](

Commented by /u/Mr-Zwets in /r/btc on September 7, 2020 02:03:41

ppl publicly supporting BCH despite this are heroes in my book.

Commented by /u/Mr-Zwets in /r/btc on September 6, 2020 07:42:30

great video, hope this gets to to top and lots of people see this. Love Jeffrey Tucker!

Commented by /u/Mr-Zwets in /r/btc on September 6, 2020 05:51:00

great video, hope this gets to to top and lots of people see this. Love Jeffrey Tucker!

Commented by /u/Mr-Zwets in /r/btc on September 6, 2020 05:50:50

I don't recommend guarda wallet, there are better zcash shielded wallets

Commented by /u/Mr-Zwets in /r/zec on September 2, 2020 07:53:01

inspired by:

Commented by /u/Mr-Zwets in /r/btc on August 29, 2020 18:54:42

BitcoinCash has: -large active community -network effect of a #5 coin on Coinmarketcap -most retail merchant acceptance -big developer community with lots of innovation and businesses -online accepted almost everywhere where bitcoin - SLPtoken ecosystem - Covenants: last will, mecenas and now easy to write with cashscript - Non custodial Escrow: - privacy tools: cashfusion, neutrino, schnorr to understand why many are so passionate it helps to understand history:

Commented by /u/Mr-Zwets in /r/btc on August 29, 2020 11:56:16

not true you are born in one and are assumed to abide by the social contract. You have to activly opt out and it's not like with cryptocurrency that I can start my own.

Commented by /u/Mr-Zwets in /r/btc on August 28, 2020 09:14:00

in simple terms BCHABC= IFP BCH= noIFP

Commented by /u/Mr-Zwets in /r/btc on August 28, 2020 08:43:14

lmao the "Amaury" comment

Commented by /u/Mr-Zwets in /r/btc on August 28, 2020 08:41:58

I have to reject this on its face. If I drop the price of a coin by selling did I attack other holders? Withing the context of Bitcoin softforks (like the IFP) are coersive, yes, but bitcoin is still opt-in.

Commented by /u/Mr-Zwets in /r/btc on August 28, 2020 07:14:22

yeah well they'd argue it's not a government because there's no agression & doesn't break the NAP

Commented by /u/Mr-Zwets in /r/btc on August 28, 2020 06:14:02

many BCH developers have this opinion. Many on BSV don't that's why they bloated their blockchain with a bunch of objectively useless data, and now they have to suffer the conquences of crashing nodes etc

Commented by /u/Mr-Zwets in /r/btc on August 27, 2020 08:50:52

seemed appropriate to also post the news to the Bitcoin ABC subreddit as to sepparate what ABC is doing and what the rest is doing.

Commented by /u/Mr-Zwets in /r/btc on August 27, 2020 06:37:24

"In January 2021, Bitcoin ABC will convene the first Global Network Council."

Commented by /u/Mr-Zwets in /r/BitcoinABC on August 27, 2020 06:32:03

dude, you literally know from the OP that it's TEST transactions and you're saying "please do all your tests on mainnet". BCH should probably add other anti spam mechanisms than the minimum fee such as coinbase destroyed etc to prevent network recources being exploited.

Commented by /u/Mr-Zwets in /r/btc on August 27, 2020 05:57:44

please don't encourage spamming mainnet, thanks.

Commented by /u/Mr-Zwets in /r/btc on August 27, 2020 05:51:21

>by far the best privacy tech well that's a bit of a stretch, Zcash has some great tech too. I agree XMR is cool, proof that community funding can do better than coinbase reward funding

Commented by /u/Mr-Zwets in /r/btc on August 26, 2020 17:16:53

lol many people here still have a trauma from faketoshi, that's why complementing BSV leadership won't be received so well

Commented by /u/Mr-Zwets in /r/btc on August 26, 2020 17:06:04

I might or might not hold privacy coins (XMR&ZEC)

Commented by /u/Mr-Zwets in /r/btc on August 26, 2020 17:04:33

I don't think this is constructive or helpful to achieve meaningful goals.

Commented by /u/Mr-Zwets in /r/btc on August 26, 2020 14:06:17

hopefully other node implementations can look into the double spend proof implementation and adopt it if they think it's good!

Commented by /u/Mr-Zwets in /r/btc on August 26, 2020 13:53:48

quote was orignially about lighthouse

Commented by /u/Mr-Zwets in /r/btc on August 26, 2020 12:55:46

that's past week, look at the dotted line on the chart on the right.

Commented by /u/Mr-Zwets in /r/btc on August 25, 2020 15:39:11

[]( edit to clarify the screenshot: 45.6% last week as shown by the diagram on the left and 50.7% past 24h as indicated by the dotted line on the diagram on the right

Commented by /u/Mr-Zwets in /r/btc on August 25, 2020 15:26:13

it's u/oscar_salas93 's project!

Commented by /u/Mr-Zwets in /r/btc on August 25, 2020 13:16:34


Commented by /u/Mr-Zwets in /r/btc on August 25, 2020 11:10:24

Great way to learn more about this 3rd Hackathon! Excited to see what ppl will come up with

Commented by /u/Mr-Zwets in /r/btc on August 25, 2020 08:05:36

weird to use hashtags in the title on reddit and post a photo instead of a clickable link

Commented by /u/Mr-Zwets in /r/btc on August 25, 2020 07:56:55

At this point I think we can just start ignoring what ABC does and focus back on improving/promoting Bitcoin Cash and let them do their fork. The announcement changes nothing about the arguments against the IFP and can safely be discarded.

Commented by /u/Mr-Zwets in /r/btc on August 24, 2020 12:25:40

an anonymous person with a great reputation in the community who says in the article they are working on ways to distribute the ownership of the domain.

Commented by /u/Mr-Zwets in /r/btc on August 24, 2020 08:52:27

Looking at you're post history I must assume this is a question in bad faith. For the onlookers: it is not a centralized hardcoded checkpoint but a rolling checkpoint which only 2 of the node implementations on BCH have anyways.

Commented by /u/Mr-Zwets in /r/btc on August 24, 2020 07:41:19

weird to use hashtags in the title and post a photo instead of a clickable link

Commented by /u/Mr-Zwets in /r/btc on August 24, 2020 07:33:12

"Bitcoin Unlimited is proud to announce a further agreement with Bitcoin Verde to build up what was achieved earlier in Part I. Significant new documentation will be produced for the following areas: [...] The duration of the project is six months which will take it past the forthcoming November upgrade of Bitcoin Cash." Great news!

Commented by /u/Mr-Zwets in /r/btc on August 24, 2020 07:27:42

easy to miss the Bitcoin Cash accepted here sticker at the beginning!

Commented by /u/Mr-Zwets in /r/btc on August 24, 2020 04:20:56

Thanks for the reply, great Mike Hearn comment you linked! On some of the econ aspects: > I'm not sure anyone has ever demonstrated how or why Bitcoin software projects meet the standards of definition for a "public good" in the first place! From [wikipedia]( "In economics, a **public good** is a good that is both non-excludable and non-rivalrous, in that individuals cannot be excluded from use or could benefit from without paying for it, and where use by one individual does not reduce availability to others or the good can be used simultaneously by more than one person. " I think it's clearly non-excludable (i.e. censorship resistant) and in large part non-rivalrous so fits the standard definition pretty well. > Economists have been arguing for hundreds of years that lighthouses shouldn't theoretically exist Well I think you're overestimating the timespan here, from [wikipedia]( " Paul A. Samuelson is usually credited as the economist who articulated the modern theory of public goods in a mathematical formalism, building on earlier work of Wicksell and Lindahl. In his classic 1954 paper *The Pure Theory of Public Expenditure"* > One ought to be a bit skeptical of someone who labels their own product or service a "public good" that can't be funded by market activity. That's highly suspect....... indeed!

Commented by /u/Mr-Zwets in /r/btc on August 22, 2020 17:29:53

I think this deserves highlighting again as recently some people on "the ABC side" have been downplaying flipstarter when actually this is a real entrepreneurial solution to fund public goods!! Table right from the great article by imaginary\_username ["A stronger case for voluntary investing in public works"]( Great one to reread together with the article before that ["Voluntary investing in public works with or without assurance contracts"]( ​ edit: was inspired by [this Mises Media lecture]( by Lucas M. Engelhardt on Game Theory

Commented by /u/Mr-Zwets in /r/btc on August 22, 2020 16:44:00

nah he's not a good critic, he doesn't see merit in any cryptocurrency or even the concept. Great guy when it comes to economics tho.

Commented by /u/Mr-Zwets in /r/btc on August 22, 2020 14:09:45

Thought it was a great moment of the podcast :D

Commented by /u/Mr-Zwets in /r/btc on August 22, 2020 13:21:55