Wednesday, 18 December 2019

SLP token privacy

Hey all, was reading an article on slp tokens being like bearer shares as if its privacy was any different than any other token standard that have been around for over half a decade

Am I missing anything about its default privacy?

submitted by /u/1blockologist
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source https://www.reddit.com/r/btc/comments/eca5os/slp_token_privacy/

Why Bitcoin is having an un-merry Christmas

Why Bitcoin is having an un-merry Christmas submitted by /u/SaneFive
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source https://www.reddit.com/r/btc/comments/ecag8t/why_bitcoin_is_having_an_unmerry_christmas/

when no use case is meeting no usability tulips are born

this is a reply to this post r/Bitcoin/comments/ebxv04/another_perspective/

due to being censored / banned at that sub ^^

~ snip ~

oogally233 points · 13 hours ago📷📷📷📷

It’s easy to get caught up in price and get discouraged. If you’re feeling this way, consider a few points:

Is bitcoin working as intended? Here are the current stats.

  • 557s average block time.
  • 1Sat/byte transactions are being confirmed
  • >50% segwit usage
  • Hashrate: 100Eh/s

Do we still have developer interest? Very much so .

  • Lightning network – 34K (public) channels, 859BTC (public) capacity.
  • Taproot
  • Miniscript
  • Schnorr
  • Statechains

How’s the rest of the ecosystem? We now have decentralized and trust-minimized exchange options. Coinjoin pools ...

~ snip ~

... though I am nit sø God at coding reddit documents, I will repeat the sniped quote from u/oogally with my personal view as a replacement / comment, and I will end up in a fair table comparing the two major implementations of "BitCoin"

~ modifications ref. "BTC" ~

It’s easy to get caught up in price and get discouraged. If you’re feeling this way, consider a few points:

Is bitcoin working as intended? Here are the current stats.

  • 557s average block time. | BLOCKS are FULL !
  • 1Sat/byte transactions are being confirmed | at 14 days ?
  • >50% segwit usage | LøL to chain of signatures ^^
  • Hashrate: 100Eh/s | that is a LøT
  • 0-conf got removed by intention
  • RBF has been implemented by intention

Do we still have developer interest? Very much so [payed by a single which source ... ?] .

  • Lightning network – 34K (public) channels, 859BTC (public) capacity. | LøL, in 18 months® ?
  • Taproot | whatever that is, excuse my limited knowledge ;)
  • Miniscript | what can it do ?
  • Schnorr | nøt at BTC (yet ?)
  • Statechains | driven by Gov. ?
  • Tether over Liquid as a final goal

How’s the rest of the ecosystem? We now have decentralized and trust-minimized exchange options. Coinjoin pools ...

... i will not comment the idea of Coinjoin to censor transactions in this threat here - make a new one ! ^^

~ modifications ref. "BTC" ~

I try to build a table here:

BTC BCH
hashrate 100 EX 3%
price 6666 3%
shills 1000 0.3%
attack vector 5 100
0-conf killed still works
RBF implemented it hurts 0-conf, so a NoGo
segwit pulled off signatures following Satoshi
scripts miniscript cash script
Schnorr Signatures still talking implemented
Token on Chain even Onmi (Tether has left) thousands of SLP tokens, some even with business usecase and dividend payments in BCH
statechains sound like a FakeToshi thing a free decentralized uncensorable global P2P payment network, secured by POW

... excuse my typos, please.

open for a high level discussion,

submitted by /u/PanneKopp
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source https://www.reddit.com/r/btc/comments/ec9qil/when_no_use_case_is_meeting_no_usability_tulips/

Services should list all coins and give users the option to decide for themselves. It's up to us, the market, to decide that HEX is trash.

submitted by /u/KayRice
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source https://www.reddit.com/r/btc/comments/eca07s/services_should_list_all_coins_and_give_users_the/

Crypto for the Holidays

For Christmas I usually mail my niece a card and $20. This year I sent a text explaining how to get a BTC address using Trust Wallet mobile app - just because it’s super easy. (she’s 16 yrs old, for context) She had heard of Bitcoin but didn’t really know anything about it. Then I sent her a little BTC. Her reply: “OMG, Cool!!!!! Thanks, This is awesome” Her mom (my sister) said she’s now learning about Bitcoin and is all excited about it. A small win for crypto! I guess they don’t teach this stuff in schools yet.

submitted by /u/zerostaticcom
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Bitcoin Cash (BCH) is here to stay: Sydney Ifergan

A lot of people who feel that Bitcoin Cash is taking away the spotlight from BTC don’t understand one basic fact- BCH was forked out to relive the original principles of Bitcoin.

Read the full article here: https://thecurrencyanalytics.com/9009/bitcoin-cash-bch-is-here-to-stay-sydney-ifergan/

submitted by /u/TheCurrencyA
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source https://www.reddit.com/r/btc/comments/ec9h3i/bitcoin_cash_bch_is_here_to_stay_sydney_ifergan/

How can I become an Expert in Bitcoin - Please give me your suggestions

submitted by /u/alinaparker111
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source https://www.reddit.com/r/btc/comments/ec963y/how_can_i_become_an_expert_in_bitcoin_please_give/