Tuesday, 12 January 2021

Convenience must be the #1 hurdle for mass adoption.

As a person who has traded, been holding and some odd times getting paid in crypto, trying to transfer funds between exchanges, and to and from fiat is still a nightmare. I just tried to transfer from bittrex to binance and there were like 4 options to choose a chain and if the funds don't match the money will get stuck and I will require customer support to recover.
I recently lost XMR for some reason when withdrawing from bittrex, the ticket is still open and I doubt it will be cleared in this bull run.

submitted by /u/Adi4Hire
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source https://www.reddit.com/r/btc/comments/kvlsio/convenience_must_be_the_1_hurdle_for_mass_adoption/

Nice!

Nice! submitted by /u/user4morethan2mins
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source https://www.reddit.com/r/btc/comments/kvkyd1/nice/

Can anyone fix these DNSSEC BCHD seeds?

If anyone knows the owners/maintainers of these BCH seed nodes, can you ask them if they can fix the broken DNSSEC implementation on their servers?

2021-01-11 22:11:02.967 [INF] CMGR: DNS discovery failed on seed seed.bch.loping.net: lookup seed.bch.loping.net: getaddrinfow: This is usually a temporary error during hostname resolution and means that the local server did not receive a response from an authoritative server.

2021-01-11 22:11:03.547 [INF] CMGR: DNS discovery failed on seed seed-bch.bitcoinforks.org: lookup seed-bch.bitcoinforks.org: getaddrinfow: This is usually a temporary error during hostname resolution and means that the local server did not receive a response from an authoritative server.

submitted by /u/lightrider44
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source https://www.reddit.com/r/btc/comments/kvk3sr/can_anyone_fix_these_dnssec_bchd_seeds/

If Lightning Network Fails (and it very likely will fail) Bitcoin Core holders will need to rush to buy back Bitcoin Cash as otherwise, they have a huge risk of their investment losing most of its value.

If Lightning Network Fails (and it very likely will fail) Bitcoin Core holders will need to rush to buy back Bitcoin Cash as otherwise, they have a huge risk of their investment losing most of its value.

I believe this is the reason they are constantly attacking Bitcoin Cash, if Lightning Network fails they are F###t. Notice most of Maxi's knowledge is not very technical, they just follow the Blockstream/Bitcoin Core narrative; so it was easy for them to be fooled into believing Lightning Network could work. For instance, Tone Vays did not know he will need to run his own node, watchtowers, open channels, and be online to receive payments!

As Bitcoin Cash price increases or even just remains active while at the same time Lightning Network fails to deliver any real-world use, the risk increases for those holding only Bitcoin Core! Even if some traction happens eventually, LN is an easy target for hackers. Every attack will show what we been telling everyone for years. LN is conceptually and fundamentally broken!

I think the smartest ones never sold their Bitcoin Cash, they know Lightning Network would fail.

Now imagine a world where Bitcoin Cash gets traction in retail, it works as a currency AND as a store of value. Do you see Bitcoin Core existing in such a scenario while competing with the narrative of Digital Gold and Layer 2 Lightning Network for scaling?

If Blockstream did not dictate the narrative by means of censorship, sockpuppets, and control of main information channels, do you think people will still believe Bitcoin Core and Lightning Network are the correct solution? I certainly think not, and what is amazing is that more and more people are learning and understanding that Lightning Network is fundamentally broken and can't scale, and thus the narrative of digital gold is starting to collapse.

Every day that passes and Lightning Network does not deliver, it increases the risk for those holding only Bitcoin Core! Tick Tock Maxis. And remember, not your keys, not your coins.

https://preview.redd.it/jx9bdg0tmta61.png?width=456&format=png&auto=webp&s=e013d01481d495f4471c6a22a447d24f06ddb5c4

submitted by /u/estebansaa
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source https://www.reddit.com/r/btc/comments/kvje0w/if_lightning_network_fails_and_it_very_likely/

LA Wire covers Bitcoin Cash

LA Wire covers Bitcoin Cash submitted by /u/BakersfieldBitcoin
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source https://www.reddit.com/r/btc/comments/kvk1sy/la_wire_covers_bitcoin_cash/

Bitcoin isn't no more freedom of money, that is now Bitcoin Cash

Bitcoin isn't no more freedom of money, that is now Bitcoin Cash submitted by /u/alberdioni8406_
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source https://www.reddit.com/r/btc/comments/kvj9ml/bitcoin_isnt_no_more_freedom_of_money_that_is_now/

Recover wallet with 18 word seed

Hi,

I had btc in an electrum wallet from several years ago. I remember about a year ago accessing the wallet and selling some btc. I remember getting a new seed for a wallet containing my remaining btc at that time. That seed has 18 words. When I went to restore that wallet today using the seed, it seems electrum seeds don’t have 18 words. Yikes. I found my original 12 word seed and accessed that wallet and saw that it was emptied back about a year ago (consistent with my recollection). But I’m so confused how I have an 18 word seed now that doesn’t work... I don’t understand how I would have gotten an 18 word seed if that’s not what electrim provides. Any ideas?

submitted by /u/SnooMemesjellies9461
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source https://www.reddit.com/r/btc/comments/kvi9zd/recover_wallet_with_18_word_seed/