YouTube puts plug on another crypto livestream

submitted by /u/CryptographerFine810
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source https://www.reddit.com/r/btc/comments/ipaim9/youtube_puts_plug_on_another_crypto_livestream/

How long until the issue of blocksize is brought up again for the Bitcoin Core community?

From the looks of it, it seems like there is eventually going to be further division in the Bitcoin Core community in the future, though that division may not be obcious right now because of the censored discussion on r/Bitcoin, and the fact that everyone at this moment is okay with full blocks and high fees. At some point, Bitcoin absolutely will have to raise its blocksize limit because on-chain fees can't be hundreds of dollars per transaction. Even with transaction batching for Lightning, it still doesn't seem viable to keep the blocksize limit so low... I've talked to other Bitcoin supporters and maximalists about increasing the blocksize, and it usually boils down to a few views/perspectives on the whole congestion situation with BTC:

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• "Increasing the blocksize (hardfork) is only acceptable if there is near 100% consensus among the community and hashpower since hardforks create a chain with new consensus rules"

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• "There is no need to increase the blocksize because almost all activity will happen off-chain with Lightning Network transactions. Institutions and banks will pay the high on-chain fees if and when they have to make high-value settlement transactions"

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• "The blocksize is already too large and should be softforked to be lower so that sync times improve, and more people can run full-nodes."

​

Right now the fee situation on Bitcoin is pretty bad, but it will only get worse with adoption. It already seems like the idea of achieving consensus for a hardfork is near impossible due to the nature of discussion on the Bitcointalk forum and r/Bitcoin subreddit (both owned by theymos). It directly states in the subreddit rule section that:

Promotion of client software which attempts to alter the Bitcoin protocol without overwhelming consensus is not permitted.

The issue with this is the fact that this also includes even proposing a hardfork. I've seen discussions about even putting forward a BIP that proposes bigger blocks get completely censored or deleted by r/Bitcoin mods. So the first idea that hardforks will happen later on seems extremely unrealistic.

The second idea is in direct conflict with the first one because it asserts an argument that opposes the first one. If blocksize doesn't and shouldn't be increased (and are fine the way they are), this will also cause division in the community.

The third idea is also in conflict with the first and the second, which will also likely result in division. When will this division become much more evident in the Bitcoin Core community, causing another split for Bitcoin? It's bound to happen at some point, but maybe not today.

submitted by /u/1MightBeAPenguin
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source https://www.reddit.com/r/btc/comments/ipa63j/how_long_until_the_issue_of_blocksize_is_brought/

Coinbase blocked in Venezuela, on all mayor ISPs

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

If bitcoin is a gamble then the US Dollar is a crap shoot. All these articles stating how risky bitcoin is wouldn’t know a good thing even if it punched them directly in the face. Fools.

submitted by /u/kaz2727
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BCH Promotional Initiative - No Flipstarter Needed

Hi,

So i wanted to start promoting bitcoin.com youtube videos showing how bitcoin cash works by sharing the links to relevant groups around the internet, and I wanted to know who wants to participate. There is no funding needed, just a passion to spread adoption for bitcoin cash. If you are interested, please comment below, and we can promote each specific video in tandem so as to raise maximum awareness and bring in new participants. any ideas are also welcome, thanks!

submitted by /u/getrich_or_diemining
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source https://www.reddit.com/r/btc/comments/ip8x35/bch_promotional_initiative_no_flipstarter_needed/

Astronaut in trouble wallpaper I drew

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

source https://www.reddit.com/r/btc/comments/ip8y31/astronaut_in_trouble_wallpaper_i_drew/

Alexander Levin of ASICseer, BCHN supporter/financier, attempts to dox Hayden Otto. This is the kind of level people are stooping to now, if you do not fall in line with their demands.

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

source https://www.reddit.com/r/btc/comments/ip7zzc/alexander_levin_of_asicseer_bchn/