It's winter in more ways than one. Summer will return.

I just want to remind you that although the days are cold and dark right now, this is not something new and it's not something we haven't seen before. It's a cycle. When we get to the winter side of the cycle, the darkness manifests in a slightly different way each time it comes around. This gives rise to the notion that this time really is different and this time really could be the end!

It's not.

Stay strong, remind yourself of what this is all about, what it's all for and why we persist. Keep building, keep sharing information, keep teaching and most importantly, keep your spirits high.

:)

submitted by /u/hapticpilot
[link] [comments]

source https://www.reddit.com/r/btc/comments/a6h8z5/its_winter_in_more_ways_than_one_summer_will/

The bitcoin cash network can be split in half for <$1M due to the 10-block rolling checkpoint

The current value of daily block rewards is $138,947.8 USD and the hash rate is 0.95Ehash/s (source).
What the attacker needs is ~1.5-2Ehash/s for a few hours, which should be possible to rent for <$1M.

Preparation: connect to as many nodes as possible, in the same manner that reizu used to double spend on BSV.

The attack: starting from block X, mine 11 blocks in parallel to the 'true' chain and keep them secret. Then, mine on the public chain until we know a (second) valid parallel chain with 11 blocks after X before the public network (it can include blocks mined by others).

Now, release one chain to half of the nodes and another to the other half. The network will permanently split because block X+1 is going to be buried under 10 blocks on both chains.

Ideally, the attack would split the hash rate in half, so subsequent attack on one of the split networks would be much easier.

This is much more dangerous than a simple 51% attack, because the defense against a 51% attack is to increase the number of confirmations. This attack would require manual intervention to fix on at least half of the nodes.

submitted by /u/nootropicat
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source https://www.reddit.com/r/btc/comments/a6hkwy/the_bitcoin_cash_network_can_be_split_in_half_for/

AMA Requests: Now that some of the dust has settled since the BCH/BSV split, who would you like see do an Ask Me Anything! thread on /r/btc?

submitted by /u/Bitcoinopoly
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source https://www.reddit.com/r/btc/comments/a6hk9y/ama_requests_now_that_some_of_the_dust_has/

BCH and BSV are now #8 and #9 on CoinMarketCap - Thanks Craig! /s

Even Litecoiners are now celebrating the "Flappening"

We'd still be holding strong at #4 without the fork.

Craig, nChain and Coingeek and their supporters have set BitcoinCash back reputation-wise, possibly permanently.

I hope you guys are happy.

submitted by /u/bch_ftw
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source https://www.reddit.com/r/btc/comments/a6hv3s/bch_and_bsv_are_now_8_and_9_on_coinmarketcap/

Who Controls Bitcoin Core?

submitted by /u/rain-is-wet [link] [comments]

source https://www.reddit.com/r/btc/comments/a6gzhv/who_controls_bitcoin_core/

nCrypt/nChain: "The plan was to package it all up and sell it..." All part of the Plan... since at least 2016? And of course the bigger the "package" (including all those that "joined"), the more it can be SOLD for... If the "package" can be sold, to what degree is it decentralized?

submitted by /u/unstoppable-cash [link] [comments]

source https://www.reddit.com/r/btc/comments/a6i3bv/ncryptnchain_the_plan_was_to_package_it_all_up/

Legendary Investor: Bitcoin (BTC) Could Bottom At $3,000, Altcoins To Crash This article was originally posted on Ethereum World News - an independent news provider covereing Ethereum, Bitcoin, Ripple, Litecoin dApps, start-off ICO’s and the whole Blockchain [...]

This article was originally posted on Ethereum World News - an independent news provider covereing Ethereum, Bitcoin, Ripple, Litecoin dApps, start-off ICO’s and the whole Blockchain [...]

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