Unconfirmed bitcoin cash transactions bitcoin what is it backed by

About the same as BCH which is going to zero over the next 24 hours. Liquid, the most centralized and shitty blockchain in the world, bitcoin atm sell rate bitcoin app with easy full identity verification process than Ripple? For them, constructive discussion are welcome in both communities and pointing out problems of others will not remedy your. BTC has been redesigned to be a settlement network for second layer. It would make it very expensive for Roger to direct bitcoin. But I would not count on it as a solution. If btc is unusable then it dies. Zcoin cpu miner github shares mined zcash distributed, worldwide, decentralized digital money. BTC wasn't facing sustained natural block size pressure; each "spam" transaction becomes a miner donation. If you use this meme you should know how it is supposed to work. That's actually pretty sad. I would not call that a roadmap. All the hash has moved. Even a small blocksize increase, such as 2 MB was completely blocked. Isn't schnorr going to require a hard fork?

Bitcoin Vs Bitcoin cash Transactions Fees and Transaction Time

Can my transaction be canceled or reversed?

Liquid is a patented product looking for a customer. The intent is for CSW to be able to use cool-sounding words to make it seem like he's doing something that matters. I don't think that this is what you want. Post a comment! A distributed, worldwide, decentralized digital money. And we also have the issue that there is a finite litecoin usb gh s miner best bitcoin transaction api of Bitcoins that can ever be minted. Sorry but scaling isn't just about blocksize. That's not even one half of a Bitcoin BCH block. Segwit already increases the block size and on top of that the number of transactions we can fit in a block. Namely fear. Every act of minor assholery costs them lost profits. Liquid is not a solution. So much more downward pressure already exists on the blockchain? Everything OK dude? Creator ignoreme deletthis. And every step of the way it was blocked. Nobody is begging a rich corporate entity to protect the network from an attack because this is not necessary in a properly decentralized. Want to join? Spiking BTC is an expensive prospect. Segwit was blocked for some time, over a year, by big blockers.

We know that increasing the block size recklessly means the system can handle more transactions in the short term. Pin it. No thanks. No marketplace-style transactions for certain goods or services are allowed. Become a Redditor and join one of thousands of communities. When that max is reached, and the population on the planet continues to grow, we could end with major Bitcoin deflation. Spiking BTC is an expensive prospect. So i do the same. Everything OK dude? About the same as BCH which is going to zero over the next 24 hours. Now you're really getting off the Core talking points. The code was not ready.

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They will choose a side, Ver or CWS and divert to their until someone wins. Bitcoin is well protected from poison blocks. I don't think that this is what you want. So far, we haven't seen any example for your claim. Yall are truely sick individuals. What its economical weight? They're not looking a cryptography that's quantum computing proof. This is really the beginning of the end if it isn't the end already. Isn't schnorr going to require a hard fork? Except none of them scale better than the real Bitcoin BCH.

Im here to talk about btc in a btc sub. Post a comment! Bitcoin is Bitcoin. Nice try my favorite clown: If there's a prolonged hashwar where both parties dedicate a lot of hash, the unconfirmed buying bitcoins without debit card crypto castle business insider will skyrocket on BTC. With the success of Bitcoin, people are just trying to band-aid what's there. Spiking BTC is an expensive prospect. The low security in terms of low hash rates of BCH at the moment allows for centralized mining which is a premise for this hash war. I would call that passing the buck. And by contrast how robust BCH has been, digesting several consecutive 32MB blocks this week. Unlike traditional currencies such as dollars, bitcoins are issued and managed without the need for any central authority whatsoever. I don't think that this is what you want. If btc is unusable then it dies. When that max is reached, and the population on the planet continues to grow, we could end with major Bitcoin deflation. Which is fine. People trying to flee, or is it just spam? Even a small blocksize increase, such as 2 MB was completely blocked. Wi Too Lo. Segwit already increases the block size and on top of that the number of transactions we can fit in a block.

Nailed it…I flufypony monero wallet scam best cryptocurrency icos that ever since he was publicly recognized for this behavior it has gotten way way worse…I hope this is the culmination. About the same as BCH which is going to zero over the next 24 hours. And once those are at full power, increase the block size reasonably. I've never seen that many old coins lining up to panic sell. For all other rules set globally by reddit, please read the content policy. Segwit already increases the block size and on top of that the number of transactions we can fit in a block. Create a Discussion! Fyi monero as a dynamic bloc size ; and charlie lee already tell he will raise the blocksize if needed. Just to put this into prospective, the fee to tesla m2070 hashrate test oldest gpu mining your tx in the next block reached 3 cents today. That is some cash you got. It is a sad thing and very close to censoring to reject any good argument against "your" position as core trolling. So much more downward pressure already exists on the blockchain?

They've basically outsourced the problem to the Lightning developers, of which they have no control. There is no government, company, or bank in charge of Bitcoin. Create an account. Consensus was not reached. SQL database processes a lot of txs also. We know that increasing the block size recklessly means the system can handle more transactions in the short term. If you drop the hash rate so low that it cannot recover and it cannot find blocks at all due to the high difficulty. Miners must confirm the Bitcoin transactions within 24 hours the transaction has been made. And once those are at full power, increase the block size reasonably. He explains better than I could ever do why it is not possible to perpetually scale Bitcoin on chain, even if you accepted it to become a very centralised coin. That's quite an oversimplification. Strange concept for some. Seems like the perfect time to switch these motherfuckers to solo miners This is really the beginning of the end if it isn't the end already. Hash rate will not be determined by price, hash rate is moving irrationally in this instance.

Your claims are simply unsubstantiated. One network is ultimately unusable without a scaling solution that will never happen and the other is being torn apart by two best cryptocurrency chat setup laptop bitcoin mining men with a couple of dollars to burn. And we also have the issue that there is a finite amount of Bitcoins that can ever be minted. Sorry but scaling isn't just about blocksize. Nice try my favorite dogmatic salty boi: Well it's about time someone used the blockchain for. But I really don't like Lightning. Awesome, I'm sure people are going to rush into crypto where some mentally ill moron is going around using a digital "shotgun" on their money. I would not call that a roadmap. Source Why? I'm not sure right now is a good quantification. It's a two-pronged attack folks. Please don't post your Bitcoin address in posts or comments unless asked. That's quite an oversimplification.

In order to cancel the transaction the system of RBF Protocol can be used in this a user can mention the transaction second time on the network by raising the fee in this way the first transaction got canceled. Spiking BTC will make it more profitable to mine. Do you come here only to troll or what? Namely fear. This subreddit was created to uphold and honor free speech and the spirit of Bitcoin; learn more about us. Obviously to cause a backlog and cause fees to increase, but to what ends? However, BTC has a roadmap that plans for the long term. A distributed, worldwide, decentralized digital money. Compounded with Segwit it would be a 8MB block which I think it is reasonable. Holee Fuk. Isn't schnorr going to require a hard fork? Obviously, it didn't work out even schortly after the fork when the value of BCH was very close to the one of BTC and the fees were on an all time high. It would make it very expensive for Roger to direct bitcoin. No Doxing. Which is fine. Bitcoin is well protected from poison blocks. I hear this very often in this subreddit but mostly from people who have never tested lightning themselves.

He obviously doesn't understand what you mean bitcoin unconfirmed transaction format bitcoin price chart last month "black swan" in this context. Namely fear. Instead of being sarcrastic, you could explain yourself which would be much more constructive. If you are interested in having your own AMA, please message the mods and let us know. No begging for Bitcoin. And you have, quite literally, chosen not to act, despite the fact that all previous congestion issues were dealt with by a block size increase. Until you end up like Ethereum being more and more centralised. Isn't schnorr going to require a hard fork? They're not looking a cryptography that's quantum computing proof. The other method is to use the double spending route by sending the same transaction and double the fee. I could see value in doing so to deter profit-maximizing miners from switching to BCH to fill the post-fork vacuum, but that seems like an awfully expensive alternative. But I would not count on it as a solution. Bitcoin difficulty only adjust roughly every two weeks. Nice try my favorite clown: And by contrast how robust BCH has been, digesting several consecutive 32MB blocks this week. Everyone calm. Bitcoin is Bitcoin. People trying to flee, or is it just spam? Not really, because the massive wave of unconfirmed BTC transactions highlights perfectly how fragile and useless BTC has .

Use of this site constitutes acceptance of our User Agreement and Privacy Policy. I would not call that a roadmap. Lightning, which sucks and doesn't work? It is a sad thing and very close to censoring to reject any good argument against "your" position as core trolling. If you drop the hash rate so low that it cannot recover and it cannot find blocks at all due to the high difficulty. What is the intent of hitting BTC with the Shotgun? Coming soon! SQL database processes a lot of txs also. Welcome to Reddit, the front page of the internet. I hear you saying that since the bch fork. Not every Antpool's block is small, some of them are pretty large , they collect a lot of fees and also contain segwit transactions. The best solution would really be to start from the ground up with something new and written from scratch to handle scaling for the next years. So much more downward pressure already exists on the blockchain? Not really, because the massive wave of unconfirmed BTC transactions highlights perfectly how fragile and useless BTC has become. Well it's about time someone used the blockchain for something. It has nothing to do with BCH price this time. I don't think that this is what you want.

I find it most interesting to actually observe Antpool's behaviour who is an openly Bitcoin-hostile actor in the recent blocks: That's not very specific. As such, it is more resistant to wild inflation and corrupt banks. About the same as BCH which is going to zero over the next 24 hours. The intent is for CSW to be able to use cool-sounding words to make it seem like he's doing something that matters. BTC wasn't facing sustained natural block size pressure; each "spam" transaction becomes a miner donation. Get an ad-free experience with special benefits, and directly support Reddit. Fyi monero as a dynamic bloc size ; and charlie lee already tell he will raise the blocksize if needed. Mining completely empty blocks costs them even more lost profits than just shitting a little bit here and there. If there's a prolonged hashwar where both parties dedicate a lot of hash, the unconfirmed transactions will skyrocket on BTC. It has everything to do with this scenario of miners voting. Troll like you love to talk about altcoin.. Liquid is a patented product looking for a customer.