Monday, 13 April 2020

Corona Lockdown: Is there a "barter x for y site" using BCH as the medium of exchange?

Here's the problem: The Corona lockdown rules all seem to limit buying with fiat to the purchase of non-essentials, and of course non-essentials include all sorts of things that the authorities don't think necessary. Like, buying bathroom tile glue to glue that one one loose tile that now u trapped in your home you can take hours to do. Or, like buying seeds for the garden you are now spending many hours in. etc

Isn't there a barter site where users can deposit BCH, then offer something for barter in return for something they want, where BCH is used as the medium of exchange?

I can't find it.

PS: By the way, I'm totally astonished that the BCH community isn't flying with a myriad ideas to solve C19 lockdown problems! Why IS that?? Is everyone with ideas non-tech like me? I would imagine a barter site would be easy peasy. Am I wrong? I can't imagine an environment (lockdown, restrictions on using fiat, supply-chain issues plus plus) that is more conducive to new avenues for BCH use but its not happening. This lack of responsiveness is going a loooong way in informing my understanding of why BCH adoption is so agonizingly slow. Come on people!

submitted by /u/seedpod02
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source https://www.reddit.com/r/btc/comments/g0dw6x/corona_lockdown_is_there_a_barter_x_for_y_site/

Exploring the Implications of Sha-256 Mining Algorithm on BCH (More relevant than ever)

Exploring the Implications of Sha-256 Mining Algorithm on BCH (More relevant than ever) submitted by /u/Zek256
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source https://www.reddit.com/r/btc/comments/g0difo/exploring_the_implications_of_sha256_mining/

Coinbase Banned My 8+ Year Old Account For No Reason

Coinbase Banned My 8+ Year Old Account For No Reason

I literally don't understand. I don't do anything illegal with BTC. I trade BTC daily and profit from trades, and they won't explain why they banned it. Could someone explain to me if there is anyway to get access to my account back, or is it GG?

https://preview.redd.it/6bgem5jo1gs41.png?width=1565&format=png&auto=webp&s=655a6cb4c3a09db032d41e8c7bbf411efc29483a

submitted by /u/Krushur
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Bitcoin News Summary – April 13, 2020 The post Bitcoin News Summary – April 13, 2020 appeared first on 99 Bitcoins.  The two largest Bitcoin forks, BCH and BSV, halved this week. BCH’s hashrate volume fell by nearly 80% following the event, as miners switched over to the original Bitcoin chain, which is now more profitable to mine given its rewards have yet to halve. The relative prices of the 3 coins are largely unchanged. [...]

The post Bitcoin News Summary – April 13, 2020 appeared first on 99 Bitcoins.

 The two largest Bitcoin forks, BCH and BSV, halved this week. BCH’s hashrate volume fell by nearly 80% following the event, as miners switched over to the original Bitcoin chain, which is now more profitable to mine given its rewards have yet to halve. The relative prices of the 3 coins are largely unchanged. [...]



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BCH Blockchain Size Scaleability

I like BCH and where it is going, however I realized thought of a concern which I fell all cryptos will face especially cryptos that have mass adoption. The blockchain size itself. BCH does not have many users right now like all cryptos, but if millions or even billions use it daily, the blockchain size can grow very fast were 1GB, 5GB or 10Gb of data can be added a day or even more. And with all transactions being immutable, they take up space which will cause most of the blockchain to storing transaction history instead of wallet amounts.

If it grows at a expontenional rate, it can become more centralized as miners cannot afford the storage costs since they will be having to buy hard drives constantly.

I am not a developer, but a way I can see this being solved is to not save transactions that are over a year or two. Allowing the blockchain to free up space over time but it will always keep track of all wallet balances forever.

This is a concern I have for all cryptos of million or even if one crypto explodes and gets billions of users using it daily. Imagine on payday if a billion of users use BCH, that will be hundread of millions of transactions that day for payday not including other transactions that occur that day. So it can grow fast with lots of users.

Are there any plans to ensure this is not an issue so when BCH has mass adoption (Which I think will happen), to ensure BCH will not have a bloated blockchain after a few months or few years of mass adoption?

submitted by /u/trymeouteh
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source https://www.reddit.com/r/btc/comments/g0cs7y/bch_blockchain_size_scaleability/

Finally acquired a whole Bitcoin!!!!

Finally acquired a whole Bitcoin!!!! submitted by /u/kakarot8989
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Ice Cream Sandwich Bitcoin Hardware Wallet

Ice Cream Sandwich Bitcoin Hardware Wallet submitted by /u/Christian27584
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