qsucvatz
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8 years ago
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on: Lead is even deadlier than was feared
And chlorine in salt!/s
qsucvatz
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8 years ago
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on: Show HN: Lightning Network Search and Analysis Engine
And support by the original developers of Bitcoin, for scaling by blocksize and exponential growth of computing, bandwidth, and storage.
qsucvatz
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8 years ago
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on: Bitcoin May Split Many Times in 2018
Bitcoin Cash added new utility that SegWit lacked: 8 MB blocks, higher capacity, lower on-chain fees. That new utility is new value for Bitcoin holders.
Another fork will add ZKP privacy, new utility and new value.
qsucvatz
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8 years ago
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on: It can all go to zero
Bitcoin can fork to change it's Difficulty Adjustment Algorithm.
qsucvatz
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8 years ago
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on: It can all go to zero
Bitcoin can change it's divisibility any time.
qsucvatz
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8 years ago
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on: It can all go to zero
That long term stability may be impossible with a central bank.
qsucvatz
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8 years ago
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on: It can all go to zero
If mining is too difficult,the difficulty drops, until a single PC is finding every block on schedule. I'll mine, so that won't happen.
qsucvatz
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8 years ago
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on: Website Glitch Let Me Overstock My Coinbase
Sure thing. BCH scales as Bitcoin was supposed to. It is supported by the original Bitcoin developers. It's electronic cash, directly peer to peer, not hub and spoke like Lightning. Bitcoin is now BCH.
qsucvatz
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8 years ago
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on: Website Glitch Let Me Overstock My Coinbase
More know BCH is Bitcoin every day.
qsucvatz
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8 years ago
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on: Skyrocketing Bitcoin Fees Hit Carders in Wallet
Because Bitcoin used to work, and now it doesn't. Bitcoin Cash scales appropriately.
qsucvatz
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8 years ago
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on: Skyrocketing Bitcoin Fees Hit Carders in Wallet
0 fee txns don't cause high fees. They are dropped from the mempool as needed.
qsucvatz
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8 years ago
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on: Skyrocketing Bitcoin Fees Hit Carders in Wallet
Fees are skyrocketing in Satoshi: what used to be 1 sat/Byte is now 1000 sat/Byte.
qsucvatz
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8 years ago
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on: Skyrocketing Bitcoin Fees Hit Carders in Wallet
Median fee is a good metric, it avoids the over-paying txns and the miner-accelerated txns.
qsucvatz
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8 years ago
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on: Skyrocketing Bitcoin Fees Hit Carders in Wallet
How does litening work if it takes a transaction to open and a transaction to close, and the median fees are increasing with time?
qsucvatz
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8 years ago
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on: Skyrocketing Bitcoin Fees Hit Carders in Wallet
Bitcoin Cash is closer to the original Bitcoin implementation in code, philosophy, and community. Same thing that worked since 2009, until the blocks ran out of space.
qsucvatz
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8 years ago
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on: Litecoin and Ethereum buys and sells are temporarily disabled
Going to $0 is -Inf% loss.
qsucvatz
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8 years ago
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on: Bitcoin: A Peer-to-Peer Electronic Cash System (2008) [pdf]
It was announced at the depths of the financial crisis, October 2008, when cornerstone institutions were declaring bankrupcy every weekend.
It was running by January.
Equation Group.
qsucvatz
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8 years ago
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on: Bitcoin: A Peer-to-Peer Electronic Cash System (2008) [pdf]
It's all hinged on SHA-256 and RIPEMD-160 being good cryptographic hashes, and ECC being a good digital signature. Crazy town.
qsucvatz
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8 years ago
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on: Blockchain
The revolution isn't in building niche complications.
Progress looks like tearing things down. Replacement with automatons. Direct transactions.
qsucvatz
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8 years ago
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on: Bitcoin mining and energy consumption
This form of proof of work, SHA-256, has a scramble shuffle of XORs that quantum computers aren't applicable to.