Where do you think Bitcoin Cash is going in the next six months? Don't forget to post your thoughts in the comment section in the video as I read them all.
Topics covered:
- IMF admits that large-scale migration to cryptocurrencies is likely to happen.
- Two leading exchanges adopting BCH pairs in Korea
- Rick Falkvinge
- Bitcoin.org removing Coinbase, Bitpay & Blockchain.info from their website.
- Thailand passing laws to legalize Bitcoin Cash and several other cryptocurrencies.
- ChainBet - Jonald Fyookball (Electron Cash, BCHpizza.org, and much more) has released a proposed protocol enabling trustless onchain betting.
& more
Is there a Bitcon.com Wallet developers blog or something that lets us know what improvements are coming?
So far all we have is this discussion thread: https://forum.bitcoin.com/alternative-clients/bitcoin-com-android-wallet-t29129-30.html
Lyin' Ver and the Cashies are all about promotion -- because no one is using their shitfork.
http://fork.lol/tx/txs See that? It equates to 30 transactions an HOUR.
Bitcoin, however dominates easily at over an order of magnitude higher, even on a slow day.
Lyin' Ver just hops around like a car salesman on steroids trying to staple BCash to anything that moves. Just so he might get someone to look at it.
Its been nearly a YEAR since he forked, and it STILL hasn't done anything. Bitcoin had more traction in a year than this ego-project.
But then again, we are talking about the biggest fragile ego on the planet -- Roger Ver -- He's so delicate he can't even take the fact that Erik Voorhees, one of his former supporters, called him out for being a complete douchetarian.
Supplemental reading - con-men don't change their modus operandi -- https://archive.fo/XfYDP
Bitcoin Cash has forked twice since its inception and another fork is scheduled in November. There is no upgrades scheduled for Bitcoin BTC. Bitcoin BTC is stagnant and stuck with high fees and the crippling Segwit and the Lightning vapors.
Well their is the eltoo soft fork, schoor signature,MAST, Confidential Transactions. BUt that is 2019 so you could say upgrade in Bitcoin BTC are slow. However the LN is not vaporware anymore after being testing in the new Lapps. I actually interested how big blocks can get without affecting nodes. However the LN and segwit so far has been proven to work and I am a fan of those. Really wish BTC went for 4 mb block HF but oh well, I support the side that works on helping second layer solutions
Lightning Network still doesn't work as supposedly intended, although it does work as critics had projected. That's "vapor" in a sense, yet of course not in terms of there being/not being software at all.
Schnorr is interesting, not sure about MAST etc. Perhaps similar/the same concepts can be picked up by BCH later. However currently the focus is on ensuring scaling and ease of use.
Well LN is working just as I thought when I came to love the LN. It does not work as intended in the fact that low liquidity? Well the should go away with the introduction of LN phones and better tech added to it. LN always being on? Well watchtower with eltoo should fix that. Eltoo loosen middlemen power by 50% and more I hope with new tech. Hence I don't consider LN as vapor. I consider that LN is also working on scaling and ease of use too.
Schoor could be added in to BCH but it needs a segwit like thing. I think the first ever alt to segwit was Flextrans but that way way to buggy and new and unsure if it could of added in a soft fork. Well BCH is not afraid of HF so that not a problem.
No, what I mean is that it does not work as "intended" in that the routing algo has yet to be completed. Overall low liquidity on the network combined is a different issue altogether.
It does work as projected by critics, in that it is not a flatly distributed network aka "decentralized" in this sense, even though it clearly acts as a decentralized network in other ways. This makes liquidity in particular channels and with particular nodes an issue. Increasing overall liquidity will not solve this, but probably greatly mitigate any issues that may arise from it on a day by day basis.
Don't get me wrong though, LN has interested me for years and even when I'm critical of how it has been pushed as the ultimate scaling solution (well first it was SegWit, before that incremental blocksize increases, then a single increase that got smaller and smaller etc) I'm still not saying that it's useless. It's just not what is needed to scale.
BCH will (hopefully) never add SegWit, but it can add other maliability fixes and what not. SegWit isn't the only way if you really want to implement more advanced features. But first priority will be scaling per the original Bitcoin design.
Venezuela is the ultimate example on why the citizens of the world need decentralized money. Begone ye Elites that have tread on us for eternity. We see the light and will prosper.
Bitcoin Cash plays well for coinbase.com.
Roger you are doing great. If BCH expands in Japan and Korea I will go back and have some fun. The women also look very beautiful and the culture is very unique.
Crypto exploding in Korea is good for us.
Thanks for your informations, we are looking forward to the developments and what will happen in the future..
I share new post about bitcoin price and crypto-news https://steemit.com/bitcoin/@alikoc07/will-bitcoin-continue-to-fall-bitcoin-technical-analysis-16-06-2018
I gave out Eid money to my nieces and nephews in Bitcoin Cash this year. It was a mixed reception, but got them all to install the bitcoin.com wallet!