Bitcoin Cash

Discussieer en deel informatie over blockchain, bitcoin wallet, koers van de Bitcoin, Ethereum, etc.

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Re: Bitcoin Cash

Bericht door neku » 27 sep 2018 12:38

Bitcoin Cash (BCH) To Replace The Fiat Currency System According To Alex Fauver At CyberCapital BV

Alex Fauver, analyst at CyberCapital BV and a founding partner in a startup, TwoHop Ventures, gave his thoughts on the cryptocurrency industry taking over the current centralized system of fiat currency from banks.

The concept of cryptocurrencies as explained by Alex is quite different to your everyday normal investor explanation. A mechanical engineer by experience and profession in the past, the concept of thermoeconomics in his cryptocurrency research excited him as it is closely related to thermodynamics in engineering. The concept of thermoeconomics proposes the notion that money is a representation of energy that is a result of human interactions. As central banks and governments have control over monetary systems in the globe today, the energy is limited to their rules and regulations which stifle free flow of money. For example when central banks prints money, they are stealing the energy from the citizens.

The analyst at CyberCapital BV further explained that though the overall notion of thermoeconomics may sound a bit over the top but it follows through all areas of living organisms too. Fauvel took a practical case in Biology, the “red queen hypothesis” to explain further,

“You can make parallels with that in biology. You have this dynamic called the red queen hypothesis which is parasites and hosts, and parasites steal energy from a host. So in that respect, central banks really act like parasites, and if they get too big, they kill both the parasite and the host.”

This is similar to the case of the 2008 financial and banking crisis experienced that caused a huge economic downturn across the globe. It is well documented that this global crisis was the start of the cryptocurrency revolution with Bitcoin launching in January 2009.

Alex Fauvel Chooses Bitcoin Cash (BCH) To Replace Fiat Currencies

The problems faced by the fiat currency system at the moment continue to give Bitcoin credibility and pushing the coin further for global adoption. However, the blockchain is facing lack of scalability issues, slow and expensive fees making global adoption quite difficult. This made Alex love for the cryptocurrency switch to Bitcoin Cash (BCH) upon the fork of the main BTC network after a while of skeptics on the survival of a forked cryptocurrency.

“When I first discovered cryptocurrencies in 2013, like everyone I fell in love with Bitcoin. And then it broke my heart, just like Brian Armstrong from Coinbase. And Ethereum was all the rage. Something never really sat quite right with Ethereum to me, and that’s partly probably because it was supposed to be built on [BTC]. And then Bitcoin Cash happened,”

He further added he did not at the start believe that a minority fork, BCH would survive especially given the heavy dominance BTC had at the moment. However, his understanding in the field of incentive of proof of work mining consensus mechanisms and the drive of miners to mine BCH ,hence his realization that the digital currency fork could actually work. He said,

“My understanding of the incentive mechanisms that drive miners to continue to mine developed, so that I realized they’re not hostile. And if they are hostile, the whole thing breaks down, but because they are part of the system, they’re never going to be hostile.”

For further participation in growing the Bitcoin Cash community through merchant adoption and development of the platform, you can join the bComm Association. The association aims at providing a platform for all Bitcoin Cash needs for exchanges, consumers, miners, developers, content creators and the general BCH community. Furthermore the first Coingeek Week will be happening in November and members of the bComm Association can get discounted prices on the tickets to join other developers and marketers of the BCH community at the event.

This will be an excellent opportunity for all BCH enthusiasts to network and share ideas for development of the BCH network. The tickets will be made available at Coingeek’s official website here.

https://bitcoinexchangeguide.com/bitcoi ... ex-fauvel/
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Re: Bitcoin Cash

Bericht door neku » 27 sep 2018 16:44

Mt.Gox Trustee Confirms Past BTC Sell Offs

In an open letter, dated September 25th, 2018; Nobuaki Kobayashi, Mt.Gox Bankruptcy Trustee has reportedly liquidated around $230 million worth of Bitcoin Cash BCH and Bitcoin (BTC) in the past four months.

According to the document available at the official Mt.Gox exchange website, Mr. Nobuaki sold approximately 24,658 BTC and 25,331 BCH between the last creditor’s meeting on March 7 and the June 22 court ruling allowing the estate to exit bankruptcy and enter civil rehabilitation:

The report states that this operation generated a total of 25,975,702,352 JPY which represents an exact amount —as of September 26— of 230,122,643.49 USD.

Mr. Nobuaki further elaborated on the procedure followed at the time of making the sales:

“Due to the Sale, the bankruptcy trustee has already secured a suitable amount of money o secure the interests that are expected to have obtained by BTC creditors under the Bankruptcy Proceedings in connection with BTC claims to be treated as non-monetary claims under the Civil Rehabilitation Proceedings.

Accordingly, the bankruptcy trustee has determined that the interests expected to have already been obtained in the Bankruptcy Proceedings can be secured without taking the profit-securing measures under the Trust Agreement and Guarantee Entrustment and Guarantee Agreement for the BTC claims, and the BTC claims are not included in the subject protected claims under the Trust Agreement and the Guarantee Entrustment and Guarantee Agreement.”
Nobuaki Kobayashi

Past Sells Are Confirmed, But Future Consequences Are Debatable

The community has carefully followed the Mt.Gox case. After a scandal in which a series of falls in Bitcoin (BTC) prices were associated with a set of massive sales by the “Mt Gox Whale,” Mr Nobuaki clarified in a later document that said deals were made over the counter, thus not affecting prices in the exchanges.

Likewise, it had previously been reported that the exchange is about to enter into a civil rehabilitation process, which implies the possibility that some creditors are paid in crypto and not in traditional fiat currency.

This was seen as potentially positive news as it would end the massive sales of cryptos that Mr. Nobuaki had the attribution to perform. However, some analysts think it could be a danger because if the creditors decide to sell their tokens massively without any control, it could generate a fall in the prices of BTC and BCH due to the substantial variation in the market depth.

https://ethereumworldnews.com/mt-gox-tr ... sell-offs/
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Re: Bitcoin Cash

Bericht door neku » 28 sep 2018 16:17

Bitcoin Cash Reaps Rewards of Bitmain IPO

Bitcoin Cash had another solid day after its price spiked yesterday in response to the news of Bitmain’s IPO. The fork of Bitcoin finished the last 24 hours a solid 9.12% up, but it was outshone by Bitcoin Gold that managed to add 11.80% to its sticker price.

https://cryptobriefing.com/joe-crypto-e ... supernova/
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Re: Bitcoin Cash

Bericht door neku » 04 okt 2018 21:51

Roger Ver Debates Charlie Lee - The Lightning Network

https://www.youtube.com/watch?v=63akDMM ... ture=share
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Re: Bitcoin Cash

Bericht door reteiP » 05 okt 2018 09:43

neku schreef:Roger Ver Debates Charlie Lee - The Lightning Network

https://www.youtube.com/watch?v=63akDMM ... ture=share
De leugens van Charlie Lee:
Charlie Lee is a lying asshole. Here's the proof.

Charlie Lee claimed that BTC supporters suggest Bitcoin should be used for coffee on LN, not onchain. But we have proof here of BTC people suggesting don't spend Bitcoin at all.

https://i.redd.it/8tx8489v80o11.png https://www.reddit.com/r/Bitcoin/commen ... h_bitcoin/

2) Charlie Lee said "helps Lightning Network scale"

Scale my ass - https://cdn0.tnwcdn.com/wp-content/blog ... .32-PM.png

Users lost funds without compensation from Lightning Network - https://www.trustnodes.com/2018/03/26/l ... oses-funds

User unable to take back his money from Lightning Network - https://www.reddit.com/r/Bitcoin/commen ... _spin_but/

3) Charlie Lee said "LN is peer to peer because we're connecting in networks... transactions jump from peer to peer..."

By that logic, that means Inter-Banks transactions are also peer to peer. What a deceitful asshole.

4) "Have you seen the photo of the lightning network where people laugh at nobody connecting to the Roger Ver node?"

Charlie Lee: "No"

"If that node is excluded from the network...Doesn't it look like it is censored from the network?"

Charlie Lee: "That picture is a joke."

Roger Ver: "The picture is from the actual live Lightning Network."

Charlie Lee: "Someone made a joke..."

So here we see Charlie Lee claimed that he hasn't seen the picture Roger was talking about, but when he has to defend Lightning Network, he will lie that the picture is just a joke. Suddenly he understood what every node is thinking about why they are not connecting to Roger's node... These nodes are just joking! I, the liar Charlie Lee, knows they are joking! *** you, Charlie Lee, for being a deceitful bastard.

5) Charlie Lee: "47 cents is low fee"
neku liked last!

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Re: Bitcoin Cash

Bericht door neku » 05 nov 2018 20:12

The upcoming Bitcoin Cash (BCH) hard fork could result in two different chains this time. Among the exchanges, Binance and Coinbase have announced support for the hard fork.

Binance and Coinbase Announce Support

The upcoming BCH hard fork on November 15th is not a regular upgrade. This time, the developer community has failed to arrive at a consensus over what changes should be pushed into the latest release of the software.

If both camps go ahead with their proposed changes, we may have a situation with two chains going forward. Which chain emerges as the more predominant one depends on which one manages to garner more hash rate support from the miners.

Among the leading exchanges, Binance and Coinbase have announced their support for the hard fork on their respective websites. In anticipation of the hard fork, along with the support announced by the said exchanges, the price of BCH surged by over 13.5% overnight.

-Announcement from Binance:

The leading exchange confirmed in a blog post the support for the hard fork. It, however, did not specify which chain the platform would actually support.

Providing details about the actions the exchange would take, the announcement reads:

We will take a snapshot of all Bitcoin Cash balances at UNIX time 1542300000, 2018/11/15 4:40:00 PM (UTC). Deposits and withdrawals of Bitcoin Cash will be suspended starting from 2018/11/15 3:00:00 PM (UTC).

Customers have been advised to complete their deposits and withdrawals well ahead of the scheduled outage.

The post further states:

We will make a separate announcement after the snapshot is complete to notify users when deposits and withdrawals for Bitcoin Cash will reopen.

-Coinbase Announcement:

Coinbase, in its announcement, went a step ahead and clarified that it would support the “published roadmap” from bitcoincash.org. The exchange would monitor the situation as it emerges and take the appropriate steps to minimize “customer disruption” until the “network meets Coinbase security standards.”

The announcement said:

We will pause sends and receives on the BCH wallets at Coinbase.com, in our iOS and Android apps, and at Coinbase Pro and Prime beginning at 8:00AM PST on 11/15/2018 (approximately 1 hour before the fork).

The firm has advised its users to complete their transactions well before the scheduled pause and assured them that their assets would remain safe with the platform.

The announcement concludes by clarifying:

In the unlikely event that multiple viable chains persist after the fork, Coinbase will ensure that customers have access to their funds on each chain.

While Coinbase has made its stand clear about supporting both forks in case both chains survive, Binance has remained silent on this issue. Other exchanges have yet to spell out their position. Investors who hold their coins on an exchange that has not clarified its stand would be better off moving their assets to a wallet where they control the private keys.

Live Bitcoin News earlier today reported details about the hard fork and how the situation is likely to play out. As far as investors, traders, and holders of BCH are concerned, they can benefit from this hard fork by earning some free money.

Would you like all the leading exchanges to clarify their position on which BCH chains (in case of a split) they intend to support? Let us know in the comments below.

https://www.livebitcoinnews.com/binance ... hard-fork/
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Re: Bitcoin Cash

Bericht door neku » 05 nov 2018 21:22

The Future of Bitcoin Cash Hangs in the Balance: Will the Hard Fork Happen?

A hard fork is seeming more and more likely for Bitcoin Cash following the decision to implement a ‘pre-consensus’ protocol on November 15.

Now, in plain English:

The Bitcoin Cash network has scheduled a software upgrade. If there aren’t enough stakeholders who support the software upgrade, a separate blockchain (and a new cryptocurrency) could be formed. When this happens, it’s called a hard fork–a divergence that results in a split. A fork is just another way to say ‘software upgrade’; when a fork doesn’t result in the formation of two separate chains, it’s called a ‘soft fork.’ Bitcoin Cash has undergone at least one soft fork in the past.

This time around, the proposed fork involves a ‘pre-consensus’ protocol. The developer responsible for creating the upgrade, Amaury Sechet, describes this protocol as “a set of technologies allowing network participants to agree as much as possible on what the next block is going to look like.”

The pre-consensus protocol has been the subject of hot debate ever since Sechet posted plans describing the fork in July. Beijing-based mining giant Bitmain has said that it supports the fork, which many consider to be the ‘magic bullet’ to implement the software upgrade without the formation of a new chain.

What does this mean for the future of Bitcoin Cash?

Hot Debate Over the Future of BCH

A number of other prominent and controversial figures in the crypto community have spoken out vehemently against the proposed upgrade. Craig S. Wright, the self-proclaimed Satoshi Nakamoto (creator of Bitcoin), has expressed major displeasure with Bitcoin ABC’s Wormhole Partnership with Bitmain. Bitcoin ABC is the group of developers responsible for creating Bitcoin Cash.

A 1% miner who (as ABC wants to do) tries to change the protocol is the attacker. The dishonest miner is the one seeking to alter the rules or allow them to be altered. A 51% attack requires changing the rules – or it is not an attack. ABC like Core want this

— Dr Craig S Wright (@ProfFaustus) October 29, 2018

The Wormhole Partnership granted Bitmain the power to burn BCH tokens to create scarcity on the network, a practice that is supposed to maintain the value of the digital currency. Wright has spoken out against the partnership and released his own whitepaper in response to the collaboration that proposes (among other things) a 128mb block size for BCH.

Individuals on both sides of the debate have been accusing each other of conspiring. Bitmain founder Jihan Wu came after SBI Holdings, a financial services company group based in Tokyo, Japan:

SBI threaten to attack BCH with their hashing power, to help CSW control BCH. They are bad people, and they will fail.

— Jihan Wu (@JihanWu) September 6, 2018

A Hard Fork Could Negatively Impact Businesses Who Rely on the BCH Ledger

Of course, the company denied Wu’s accusations. However, Jerry Chan, Head of Department at SBI Crypto Solutions, pointed out that a split wouldn’t bode well for cryptocurrency as it pertains to use within businesses and institutions. SBI Crypto Solutions is the cryptocurrency department of SBI Holdings.

“As a main proponent of the business community which is involved in many blockchain development projects, the biggest risk in using a public blockchain is the ability of the ledger to split beyond the control of the users of the system to prevent,” Chan told Finance Magnates. “At the end of the day, the reason to honor the longest sustained proof of work chain is stemming from the desire to maintain just 1 BCH chain.”

The risk of a hard fork “makes using the blockchain for long term contracts untenable due to the fact that ledger splits will cause much legal issues for those who have contracts on the ledger. Therefore in order for businesses to use public ledgers for their applications (more than just simple payments) we require a modicum of assurance that the chain will not split permanently after we start using it as our public shared record of contracts and trades.”
Jerry Chan, SBI Crypto Solutions.

Therefore, Chan believes that the formation of a new chain is not in the best interest of the Bitcoin Cash community at large. “The only way this can be assured is if we as a community always and only support the chain with the longest and most sustained proof of work applied to it. (sustained as to exclude temporary chain re-organizations caused by proponents ‘buying’ or ‘borrowing’ hashpower from BTC mining in order to change the BCH chain. This will not be further necessary after BTC mining is a minority as compared to BCH).”

At the same time, however, Chan acknowledged that Bitcoin Cash is in need of changes that would make it more usable. “We believe Bitcoin Cash must scale to global payment levels in order to be successful,” he said. “We also believe that a crypto currency is meant to be USED and not just held, for the velocity of money is a big part of its value proposition.”
The Irony of Bitcoin Cash’s Origins

Bitcoin Cash itself came into being as the result of a hard fork from the Bitcoin blockchain. There was a serious debate in the Bitcoin community about Bitcoin’s functionality.

Those who believed that Bitcoin was a sort of ‘digital gold’ (meaning an investment to hold onto for longer periods of time) did not want to increase its scalability. Those who saw Bitcoin as ‘digital cash’ (meaning a tool for transacting quickly and regularly), well, did. There were still others who wanted to increase Bitcoin’s transaction capabilities but disagreed with how the proposed software upgrade was going to do it.

In the end, there weren’t enough supporters of the software upgrade to implement it onto the existing Bitcoin network. Thus, Bitcoin Cash was formed. With it came a group of supporters who claimed it was ‘the real Bitcoin,’ and confusion ensued–but that’s another story for another time.

Will a Hard Fork Actually Happen?

The irony that BCH may be facing a hard fork hasn’t been lost on the crypto community at large.

Roger Ver, the ‘Bitcoin Jesus’ turned ‘Bitcoin Judas,’ was one of the loudest voices supporting the software upgrade that resulted in the creation of Bitcoin Cash. He is also one of the leaders of the ‘BCH is the real Bitcoin’ movement. For now, Ver still hasn’t announced which side of the camp he’s on–however, he has publicly stated that both sides of the community should respect the freedoms of their opponents, even if a hard fork does take place.

“If it wasn’t for those people willing to dissent with the minority hash rate, Bitcoin Cash would never exist,” he said on Bitcoin Cash News. He also told Bloomberg he doesn’t believe that the ideological split in the community is big enough to actually happen.

Joey King, a software developer at Bitcoin.com, echoed Ver’s statements. Bitcoin.com is a company that provides Bitcoin and Bitcoin Cash services; Ver is the company’s CEO. “I don’t think a split is likely,” King told Finance Magnates. “When you look at the run up to the original Bitcoin Cash fork in August of 2017, you see that both camps spent years negotiating and jockeying for position. When the fork finally happened, it came as a surprise even to industry veterans and insiders.”
Joey King, Bitcoin.com.

King added that the relatively high amount of media coverage on the fork might have allowed some preventative actions to be taken: “now we have multiple sides loudly proclaiming their intentions to fork. Noise about a split offers leverage. When the intention is to fork, secrecy prevails.”
The Show Must Go On

Even if a hard fork is ultimately unlikely, a growing number of companies are behaving as though it may happen. More and more cryptocurrency exchanges have published plans for a post-hard fork scenario; CoinEx posted an announcement that “Should [the hard fork] happen, all Bitcoin Cash holders will then receive BSV assets against a 1:1 ratio on your BCH assets.” BSV is the new currency that will form if the hard fork takes place.

Despite the fact that Bitcoin Cash has stayed within the top 10 in terms of coins with the largest market caps since its 2017 origin, it is still a young network–one that is bound for change. This is the first serious test of BCH’ mettle; the way that the network (and its community) handle the upcoming fork will determine its future forever.

https://www.financemagnates.com/cryptoc ... KWCZNh7XkE
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Re: Bitcoin Cash

Bericht door neku » 09 nov 2018 22:11

Craig Wright Threatens to Crash BCH’s Price to Zero in an Email to Roger Ver

Craig Wright told Roger Ver in a now publicly revealed email that he will send the price of Bitcoin Cash down to zero for two years.

“Welcome to bankruptcy,” Wright told Ver before adding: “You are my enemy. You have f****** no idea what that means.”

“I AM Satoshi. Have a nice life,” said Wright who Vitalik Buterin has called “a fraud.” Closing with: “F*** You, Craig.”
faketoshi.jpg
Wright letter to Ver threatening price crash after BCH split, November 2018

“Not the sort of thing that 40 something year old men, that a mature businessman would say,” Ver said. By comparison, Calvin Ayre, who is backing Wright, told Ver something to the effect of: whenever you’re ready to join the camp that supports economic freedom, we’re here for you.

“I like Calvin,” Ver said. Although the two might have a difference of opinion regarding which tools would support the highest level of economic freedom, Ayre’s statement is something “a sane person would say,” according to Ver.

In contrast, in regards to Wright, Ver said “it is never easy to admit that you have been fooled, maybe I’ve been fooled.”

Ver further said he suspects Wright does not have any technical knowledge, citing an example during the Bangkok meeting in August when Wright stormed out, saying lies and bullshit. When Ver turned to Wright’s nChain team and asked them if it was lies or bullshit, they said no.

“It seems strange to have Craig refuse to engage in any technical debate there and my suspicion at this point is because he can’t,” Ver said.

Ver said he was a big blocker at heart, but did not speak out about it to not rock the boat. That’s until censorship was initiated, at which point he said he had to speak out.

Likewise he did not speak out against Wright until fairly recently. Ver suggested he could not stay neutral after Wright threatened certain lawsuits as a talking point or made certain debate points against some protocol upgrades on the basis that they might facilitate gambling.

Ver argued people have the right to do whatever is peaceful and that bitcoin is about freedom. Wright had missed the entire point of cryptocurrencies, Ver said, adding they’re about permissionless innovation, permissionless use.

Ver concluded by stating he agrees with an “absolute genius,” Vitalik Buterin, who had previously stated that if it turns out Wright is Nakamoto, it would lower his opinion of Nakamoto, it wouldn’t improve his opinion of Wright.

“I don’t like putting out videos that bash people, but I need to bash the ideas put forward by Craig in regards to the use case of bitcoin not being permissionless and regulators and this and that. I think they’re wrong,” Ver said.

All of it so meaning there has now clearly been a community split, with it to be formalized in a chain-split that is to occur this November 15th.

Wright’s claim in regards to crashing BCH’s price perhaps refers to the one million coins that are believed to have been mined by Nakamoto.

Court documents however show that Wright’s claimed one million coins actually belong to the now bankrupt Mt Gox exchange. Wright himself had only about 20 bitcoins or so in MT Gox.

It is not clear how much Ver currently holds, but he had at one point about 200,000 BTC, with Ver so being a very early bitcoin adopter.

Then there’s Bitmain, which has about one million BCH. Bitmain’s co-founder, Jihan Wu, has loudly argued against Wright.

BCH chain-split futures have launched. They indicate there might be an initial price split of 80% or so for BCH and about 20% for BSV, the new coin by Craig Wright.

How the price action will unfold, however, remains to be seen, with less than a week now to go until November 15th.

https://www.trustnodes.com/2018/11/09/c ... OFY10n6abE
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Re: Bitcoin Cash

Bericht door neku » 20 nov 2018 10:36

Bitcoin Cash drama duurt voort, Craig Wright haalt uit, BSV-blockchain reorg

Het einde van de burgeroorlog binnen de Bitcoin Cash (BCH) lijkt nog lang niet in zicht. De onderlinge hash-war tussen de twee forken van Bitcoin Cash intensiveerde in de afgelopen dagen en ontpopte zich enkele dagen lang tot een nek-aan-nek race die tot nu toe in het voordeel is van Bitcoin ABC. Terwijl dat gaande was stal de voorman uit het Bitcoin SV-kamp Craig Wright de show door veelvuldig uit te halen naar tegenstanders van Bitcoin SV en ook naar de bredere cryptovaluta community in zijn geheel. Hij schuwde daarbij niet om dubbel in te zetten op zijn claim Satoshi Nakamoto te zijn. Ondertussen onderging Bitcoin SV een zogenaamde chain-reorganization, iets dat mogelijk duidt op een aanval op de blockchain. Het drama duurt voort…

Hash-war

Sinds de hard-fork van Bitcoin Cash (BCH) die tot een splitsing in de blockchain leidde strijden de twee kampen van Bitcoin ABC en Bitcoin SV (“Satoshi’s Vision“) om de macht zich uit te mogen roepen tot de échte Bitcoin Cash. Hoewel er initieel werd getwijfeld of de oorlog überhaupt tot een splitsing zou leiden wisten beide kampen toch genoeg hashingpower (processorkracht) onder hun banier te verzamelen om hun variant van de Bitcoin Cash blockchain te minen en daarmee het netwerk te beveiligen. Daardoor zijn er nu twee rivaliserende versies van Bitcoin Cash ontstaan. De race om de meeste hashingpower lijkt grotendeels in het voordeel te zijn van Bitcoin ABC maar desondanks wist Bitcoin SV er enkele malen een nek-aan-nek race van te maken. Op dit moment is de verdeling opnieuw in het voordeel van Bitcoin ABC en staat de hashrate van Bitcoin SV op het laagste punt ooit.

Chain reorg

Het keerpunt in de nek-aan-nek race kan te maken hebben met de ‘chain reorg’ (chain reorganization) die maandag op de Bitcoin SV blockchain plaatsvond. Een chain reorg kan gebeuren wanneer er een langere geldige variant van dezelfde blockchain ontstaat op het netwerk. Volgens de consensusregels van Bitcoin blockchains wordt de langste keten door het netwerk geaccepteerd als de ‘waarheid’. In deze nieuwe keten wordt voorbijgegaan aan de blocks die zich in vorige kortere keten bevonden; de blockchain reorganiseert zich als het ware. Op de Bitcoin SV blockchain zijn daardoor twee blocks aan transacties teruggedraaid alsof ze nooit hebben plaatsgevonden. Het is nog niet geheel duidelijk wat de oorzaak is van de chain reorg op de Bitcoin SV blockchain. Mogelijke oorzaken zouden een fout kunnen zijn van de miners, maar het zou ook kunnen duiden op een aanval van vijandelijke miners uit het Bitcoin ABC-kamp. Hoewel de chain reorg slechts twee blocks telt is het opmerkelijk dat beide blocks afkomstig lijken te zijn van exact dezelfde miner. Het gevaar van een chain reorg is dat er een zogenaamde ‘double spend attack’ wordt uitgevoerd waarbij Bitcoins dubbel kunnen worden besteed.

The miner who overwrote block 557301 was the same miner who overwrote it in the first place.

This has a few implications for PoW and even PoS. >>Thread

— Emin Gün Sirer (@el33th4xor) 19 november 2018

Craig Wright

Craig Wright zet ondertussen vol in op een mediaoorlog en haalt via Twitter breed uit naar de gehele cryptovaluta community. De voorman van Bitcoin SV richt zijn pijlen daarbij niet alleen op Bitcoin ABC maar ook op andere cryptovaluta, waarbij vooral XRP het op dit moment lijkt te moeten ontgelden. Ook Bitcoin (BTC) blijft bij Wright in het vizier en in de afgelopen dagen claimde hij onder andere dat Bitcoin (BTC) onderhevig is aan een fatale fout waardoor het 2019 niet zou overleven. Wright weigerde om meer informatie te verschaffen en antwoordde slechts in geheimzinnige taal.

Well. In 2017 I said there was a MAJOR issue with SegWit.

In mid to late 2019, I will explain it.

It cannot be removed. It cannot be fixed. It is not solvable and, you cannot work around it.

Sorry. You allowed Core to kill BTC.

I did try and stop you.

— Dr Craig S Wright (@ProfFaustus) 14 november 2018

About a year from now, I have something to release, but, right now, I cannot. So, the place is marked and saved, and in the time it takes, you will find what that is… when it is fixed

So, more cryptic markers

— Dr Craig S Wright (@ProfFaustus) 16 november 2018

Satoshi op Twitter

Kort na de claim van Wright verscheen er op Twitter een nieuw account genaamd ‘satoshi’ waarin eenzelfde claim werd gemaakt, vergezeld met ‘bewijs’ van een Bitcoin transactie ondertekend met een private key waarvan bekend is dat deze toebehoort aan de echte Satoshi Nakamoto. Het bewijs werd echter al snel door experts ontkracht als trucage. Inmiddels is de Twitter account gedeactiveerd. In het verleden gebruikte Craig Wright deze methode al eens eerder om mensen te overtuigen dat hij Satoshi Nakamoto is. Het leverde hem destijds de bijnaam ‘Faketoshi’ op.

Bonus:
In this case, a hash was shared with no preimage, so there was no msg signed at all. You can’t “sign” a nothing.

In other cases, you might get a sig on a generic msg like “it is hot”. Not proof: could’ve been signed by real entity long ago, then copied by imposter

— Udi Wertheimer [#wumbo] (@udiWertheimer) 19 november 2018

De financiële oorlog

Hoewel de hash- en mediaoorlogen in volle gang lijken te zijn is er nog een derde strijd die op de handelsbeurzen moet gaan plaatsvinden. Op dit moment hebben veel handelsbeurzen het verkeer met de beide blockchains geblokkeerd om buiten schot te blijven van eventuele onderlinge aanvallen. Op de handelsbeurzen wordt verwacht dat beide kampen hun Bitcoins uit de vijandelijke blockchain zullen verkopen om te proberen de koers van de tegenpartij in te laten storten, terwijl ze proberen hun eigen koers zoveel mogelijk omhoog te stuwen. Op dit moment zijn er slechts een paar handelsbeurzen die Bitcoin ABC of Bitcoin SV stortingen accepteren en daardoor lijkt het er op dat deze strijd zich nog in een voorstadium bevindt. Handelsbeurzen hanteren een voorzichtig beleid ten opzichte van hard-forks omdat zij in het geval van een 51%-aanval het risico lopen slachtoffer te worden van een double-spend aanval. In zo’n geval kunnen aanvallers eerst cryptovaluta op de handelsbeurs storten, verkopen en de winst opnemen, om daarna de blockchain te reorganiseren en de storting in zijn geheel terug te draaien.

Voortdurend drama

Het mag duidelijk zijn dat de strijd om Bitcoin Cash nog niet geheel gestreden is en dat het drama nog zeker enkele weken zal voortduren. Craig Wright, crypto’s nieuwste supervillain, lijkt er in ieder geval nog lang niet mee klaar te zijn…

The really funny thing, with over a 100 patents filed and over 1000 inn the pipeline all to do with Blockchain…

There is NO way you can get rid of me.

nChain is here to stay.

Have a nice life pic.twitter.com/hxxFZRXNZa

— Dr Craig S Wright (@ProfFaustus) 19 november 2018

https://bitcoinmagazine.nl/2018/11/bitc ... TaBEkZXP6o
The aim of education is the knowledge, not of facts, but of values!

geebee
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Re: Bitcoin Cash

Bericht door geebee » 20 nov 2018 11:12

Hebben ze mensen niet proberen wijs te maken dat het "voordeel" van de bitcointoestanden was dat het gedecentraliseerd was en dat er geen "governmentcontrol" op was en nog meer blablabla ... als je dan dergelijke berichten als hier boven leest dan is het zelfs vreemd dat er nog altijd "waarde" wordt toegekend aan deze onzin :down: :roll:

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