Friday, 22 May 2020

debunking the propaganda against Bitcoin Cash

ON FULL NODES

https://medium.com/@jonaldfyookball/every-bitcoin-user-needs-a-full-node-is-a-self-defeating-argument-5004bcbd95ef

ON DECENTRALIZATION

https://medium.com/@jonaldfyookball/decentralization-trade-offs-and-the-extremism-of-bitcoin-core-c98d475d1216

https://keepingstock.net/examining-bitfurys-scaling-research-9d62cb725477

ON FEES:

https://medium.com/@jonaldfyookball/why-does-bitcoin-have-ridiculously-high-fees-and-slow-confirmations-e3fd58258a6d

ON SPV:

https://medium.com/@jonaldfyookball/why-every-bitcoin-user-should-understand-spv-security-520d1d45e0b9

https://medium.com/@jonaldfyookball/spv-as-implemented-today-is-exactly-as-described-in-the-bitcoin-whitepaper-2a65265afbec

ON THE SCALING DEBATE:

https://medium.com/@jonaldfyookball/how-the-bitcoin-cryptocurrency-community-lost-its-way-and-how-we-can-find-it-again-7a18a389a37

https://keepingstock.net/an-open-letter-to-bitcoin-miners-c260467e1f0

https://medium.com/@jonaldfyookball/why-bitcoin-cash-will-dominate-ce9a67fc70e9

ON "THE REAL" BITCOIN

https://medium.com/@jonaldfyookball/who-gets-to-decide-the-rules-in-bitcoin-c6d8ade53e52

https://medium.com/@jonaldfyookball/12-reasons-bitcoin-cash-is-the-real-bitcoin-8d5547988374

https://medium.com/@jonaldfyookball/jimmy-song-tries-to-claim-bitcoin-cash-is-fiat-money-seriously-e53a3706d41c

ON P2P CASH

https://medium.com/@jonaldfyookball/charlie-lee-is-wrong-lightning-is-not-more-p2p-than-bitcoin-8c35abe69d93

https://medium.com/@jonaldfyookball/the-bitcoin-social-contract-21-million-coins-and-the-future-of-peer-to-peer-cash-5d310a54fbb4

ON THE LIGHTNING NETWORK:

https://medium.com/@jonaldfyookball/mathematical-proof-that-the-lightning-network-cannot-be-a-decentralized-bitcoin-scaling-solution-1b8147650800

https://medium.com/@jonaldfyookball/continued-discussion-on-why-lightning-network-cannot-scale-883c17b2ef5b

https://news.bitcoin.com/lightning-network-centralization-leads-economic-censorship/

https://www.yours.org/content/clarifying-my-objections-to-the-lightning-network-2f9d3aa154e5

https://medium.com/@jonaldfyookball/lightning-network-vs-bitcoin-cash-for-the-non-technical-person-7ea2b9a657f5

https://read.cash/@jonald_fyookball/the-final-word-on-the-lightning-network-de7e259c

ON THE DECLINE OF BTC

https://medium.com/@jonaldfyookball/is-this-the-beginning-of-the-end-of-btc-2687bb83181

https://medium.com/@jonaldfyookball/by-far-the-biggest-crypto-scam-ever-and-its-still-happening-a23ed102d039

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

source https://www.reddit.com/r/btc/comments/go8nbo/debunking_the_propaganda_against_bitcoin_cash/

Insufficient Funds when I have more than enough funds?

I'm using the bitcoin.com Wallet app on my phone to send bitcoin and I enter my amount I want to send and the address I want to send it to and it says insufficient funds when I have $5 more than what I'm sending, Does anyone know how I can get rid of this?

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

source https://www.reddit.com/r/btc/comments/go7zm9/insufficient_funds_when_i_have_more_than_enough/

11 Year Old BTC Moved; Tokensoft Distributes Blockchain Equity; Coinbase "Remote First" Workers

11 Year Old BTC Moved; Tokensoft Distributes Blockchain Equity; Coinbase "Remote First" Workers submitted by /u/afriendofsatoshi
[link] [comments]


source https://www.reddit.com/r/btc/comments/go7yod/11_year_old_btc_moved_tokensoft_distributes/

Which cryptocurrency would you consider the best to pursue at this point of time?

I'm looking to invest to projects, but I'm not aware where should I start, and I see many people in this sub claiming that bitcoin is dead, or moving to monero, or perhaps bit coin cash.

What would you recommend?

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

source https://www.reddit.com/r/btc/comments/go92oy/which_cryptocurrency_would_you_consider_the_best/

There is new a HODLING world champ

Yesterday there was a transaction that received a lot of attention, as it spent the coinbase reward from a very early block. Here is the txID for it: f38d6f043c070ce9805ee81f46db4d32d0c9f148d62bbfbc0378bc5847c7dc70

Something interesting about this transaction that I haven't seen mentioned much online, is that whoever spent those coins is now officially the HODL world champion! What is meant by this, is that of all now-spent UTXOs, the coinbase reward they spent in that block now holds the record for being the longest-held.

This is a pretty cool title to hold, the individual who owned that UTXO had been sitting on it since the absolute earliest days of the Bitcoin network. When that block was mined, BTC had no value, beyond fascinating a handful of crypto and computer nerds around the world. When spent, the output was worth almost $500,000 USD. Thats quite the HODL!

In total, this UTXO was held for 627,404 blocks, which is about 11 years, 3 months, and 11 days.

For more info, and a list of all the runner ups, see this post on stack exchange: https://bitcoin.stackexchange.com/questions/88517/what-was-the-longest-held-utxo-ever-spent/96055#96055

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