Discover and read the best of Twitter Threads about #bch

Most recents (24)

Unpopular opinion:

From a technical standpoint, #BCH's CODEBASE is far superior than #BTC's— it’s just that it lost the ticker symbol & thus had to start over with network effect.

👇👇 thread 🧵👇👇
If #BTC had #BCH’s code, it would have stopped the need for many altcoins that blossomed in 2017/2018 due to BTC’s congestion.

BCH would run the Lightning Network far better than BTC ever could because LN runs *better* with non-full blocks.

And there are much better solutions than Segwit. It’s really a bad solution for the problems it tries to “solve”.

Maxis claim destroying 0-conf was a feature. This was a lie to force adoption of layer 2 scaling while stunting layer 1 scaling.

Read 7 tweets
La débat sur la scalabilité constitue une période très importante de l'histoire de Bitcoin. Ayant eu lieu entre 2013 et 2017, cette tension a opposé deux parties de la communauté à propos de la façon de traiter plus de transferts monétaires avec Bitcoin. 1/10
Le point de tension est la taille limite des blocs (alors de 1 Mo) qui restreint la capacité transactionnelle. Deux camps principaux se font face : l'un désireux d'augmenter cette limite de manière importante, l'autre voulant la garder basse. 2/10…
Cette tension grandit pour devenir une vraie guerre civile en août 2015. En opposition à Bitcoin Core (favorisant les petits blocs), le développeur Mike Hearn lance Bitcoin XT, une implémentation qui augmente la limite à 8 Mo. Mais cette tentative échoue.…
Read 10 tweets

This 🧵 is for non-#XRPHolders & those who dislike @Ripple or believe #XRP is a shit coin b/c of how it was created. This 🧵 is also for entities that hold themselves out as so-called leaders w/in the Crypto Community, promoting blockchain technologies.
Before you celebrate or ignore the significant implications surrounding the filing of the lawsuit, you should consider that BEFORE the @SECGov sued NOT ONLY Ripple but de facto every #XRPHolder (as stated by Judge Netburn) the following facts and information was known:
DBS, Singapore’s largest bank and the 6th largest bank in the 🌍, declared #XRP better & faster than #SWIFT.

DBS launched a digital exchange between four fiat currencies - $SGD, $HKP, $JPY & $USD - and the four most established cryptocurrencies - #BTC, #ETH, #XRP and #BCH.
Read 25 tweets

#RAISETHECAPS is something we see coming by a lot in the @THORChain community. What are those caps? Why do we have these? Why should they be raised? And most important, what is the impact of it on $RUNE?

Let me explain 🧵
2./ @THORChain is a cross-chain liquidity protocol where users can swap native assets against each other. Without wrapping or pegging assets.

To enable users to swap a certain asset, a liquidity pool of that specific asset needs to be available on #Thorchain.
3./ For example, if you want to swap native $ETH for native $BTC there are 2 liquidity pools needed. The first one is $ETH / $RUNE, the second one is $BTC / $RUNE. As you can see, both are paired against $RUNE. This is the case for every asset on @THORChain.
Read 11 tweets
An eye opening reminder about the number of #Crypto Exchange hacks (2011-2021).

A Thread 🧵...
🔶 Mt. Gox (2011-2014)
Assets Stolen - 850,000 #BTC
Losses Recovered: Trial ongoing
Type of Hack: Database breached
🔶 Poloniex - 2014
Assets Stolen: 97 #BTC
Losses Recovered: 100%
Type of Hack: Bug Exploit
Read 19 tweets
1/13. #Bitcoin's Taproot upgrade is < 1 week out (block 709,632 - Nov. 14), meaning the network will undergo a historical upgrade that will enhance Bitcoin's smart contract flexibility, transaction efficiency, privacy, and security.

So, what's Taproot? A quick thread 👇
2/13. #Taproot is the first #Bitcoin soft fork since SegWit paved the way for the Lightning Network in 2017. The soft fork packages 3 BIPs that synergistically empower users and roll out the red carpet for vast innovation on Bitcoin:

✅Schnorr Signatures
✅ Taproot
✅ Tapscript
3/13. BIP340 (Schnorr Signatures) introduces a more secure, light, and flexible cryptographic signature that enables "key aggregation," a technique that ensures single-sig transactions, multi-sig transactions, and complex smart contracts are indistinguishable on the blockchain.
Read 13 tweets
Cobra is Satoshi is James Abbott
Alex Vinnek is Nakamoto
I havn't seen Alex since 2000, at which point an agreement was in place and timechain/blockchain operational. So yeah, Republic of Kea, #SatoshiNeedsYou!

One (key)ring to rule them all?
#BTC #BCH #BSV #rekeying
I hope I get an honorary because my major was Accounting Finance and Information Systems 2000 but MOSTLY Computer Science @UCNZ #rwrvru
@threadreaderapp unroll please
Read 3 tweets
In T-10 days,
one of the greatest mysteries "may" be solved in court...
I DARE to give my opinion...
FORK me if I'm wrong!…
For the record I am platform "agnostic"
We gotta quit this "there can be only one!" BS
There will be more than one.
For example:
Spock, and engineers say "Tell me your requirements, and I'll tell you what's best."
"...there can be only one."
Read 6 tweets
Active addresses don't tell the entire story, but there are still sub-plots to every story.

#LTC active addresses went over 700k for the 1st time ever on Oct 14, 2021

#Ethereum active addresses have been on a decline since May 2021

Some potentials reasons?

A thread...
2/ Over the past 12 months, tech & adoption breakthroughs have occurred for both #Litecoin & #Ethereum:

ETH: #NFTs, institutional investing, @Grayscale, PoS

LTC: @litebringergame @BitPay @PayPal @Venmo, institutional investing, Grayscale, OmniLite, etc.

3/ Is the fact one (#LTC) is trending up in active addresses & one (#ETH) is trending down attributed to one becoming more used than the other?

It depends on what your definition of 'used' is. Ethereum is staked more prominently than Litecoin, causing less to circulate.

Read 11 tweets
Why I stacked #Bitcoin all of 2020 but started stacking #Litecoin in January 2021: 👇A thread: 👇
What is #Litecoin
#LTC was created in Oct 2011 by computer scientist Charlie Lee, an ex-Googler.
$LTC is based on Bitcoin protocol but it has a different hashing algorithm, and the total supply is capped like Bitcoin, but a higher number of total tokens (84M vs 21M).
Gold vs Silver
#Litecoin is scarce in the same way #Bitcoin is, but it is cheaper and faster to transact in on the base chain (Layer 1). This leads to the narrative that #LTC is the "silver" currency to #BTC's "gold" store of value.
Its network is 10 years old with 100$ uptime.
Read 19 tweets
As much as they are technologies, #Bitcoin, #Ethereum, and other #cryptocurrencies are communities of users and developers. What is the profile and the motivation of cryptocurrency owners? Do they really #hodl? How does education etc. differ across cryptocurrencies? ⬇️[1/7] Image
Answers based on work with @David_III_L:…

#Cryptocurrency investors tend to be young, educated and high-income, are likely to have experience of using digital finance but do not seem motivated by distrust in fiat currencies or regulated finance. [2/7] Image
We look into the role of knowledge acquisition about the technology, finding it has limited impact. For example, in recent years a #GenderGap in crypto ownership has emerged, while knowledge has actually converged. #Cryptocurrencies #Banking #Bitcoin [3/7] Image
Read 7 tweets
I made quick calculations comparing Crypto Reddit growth vs price variation.

Results below 👇👇👇👇
1/n Reddit Followers Growth since 31/12/2020 :

#Ethereum grew from 510k to 921k
#Cardano grew from 94k to 433k

#Dogecoin grew from 172k to 1.8M
#Pancakeswap grew from 50 to 32k
#Tezos grew from 31k to 45k
#Litecoin grew from 218kt to 323k
2/n Price growth since 31/12/2020

#Ethereum grew 422%
#Cardano grew 1204%

#Dogecoin grew 11334%
#Pancakeswap grew 5087%
#Tezos grew 205%
#Litecoin grew 144%

Do do you see a pattern ?
Read 13 tweets
$10M exploited. BTW I screenshot these so they will survive in case someone deletes a tweet one day in the future. Image
$17M in hacks this week Image
This one is being emptied as we speak I think. $14M so far lost Image
Read 59 tweets
$51M rug pull on yet another BSC scam. ImageImageImage
$30M exploitted Image
$10M exploited. BTW I screenshot these so they will survive in case someone deletes a tweet one day in the future. Image
Read 60 tweets
Last week, I co-hosted a @bitcoinmagazine clubhouse on #Bitcoin’s coming #Taproot activation.

Yes, there are differences in opinion. No, this does not resemble debates that have led to past network splits.

A quick thread on current consensus 🧵
2/ First, the context around #Taproot is very different than the debates that resulted in the #BCH blockchain split.

Nearly everyone agrees Taproot is beneficial for #Bitcoin, and there are (so far) no groups with meaningful objections to the proposal.…
3/ The disagreement is about aligning activation (in code) with project ethos

There are two proposed ways to activate:

LOT = FALSE: Gives miners a year to activate Taproot, then it expires.

LOT = TRUE: Lets users activate Taproot if miners do not upgrade within a year.
Read 11 tweets
Non-fungible tokens #NFT are super popular right now, gaining a lot of traction by using the #ETH blockchain. But did you know, that you can do NFTs now on Bitcoin Cash #BCH? Yes! It's really cool. BCH also has smart contracts [simple but powerful].
BCH has what is called a Simple Ledger Protocol (SLP). NFT support was built into it, called NFT1. By supporting NFTs in BCH/SLP, Bitcoin Cash is able to also do really awesome NFT collectibles/art/music just like with ETH except at a fraction of the cost!… Image
For example, @sweet is doing #NFTs using #BCH where you can collect your fav brands, art, music, etc. I wonder have @mcuban and @garyvee seen this yet? Image
Read 6 tweets
"Attacker got away with 2.8m, dai vault lost 11.1m.”
lol ImageImageImage
Read 54 tweets
Lo prometido es deuda, cuñaos. Dentro #CuñaoHilo 🧵explicando mi tesis de por qué va a haber una #Altseason pronto...y de las gordas. Nada de lo que veais aquí constituye una recomendación de compra. Coged un refrigerio y espero que guste⬇️
Antes de nada, por aclarar conceptos: una #altseason es un periodo de tiempo que normalmente dura unos meses en los que las #altcoins tienen un precio muy alto. Un rally tremendo, para entendernos, en el que hay MUCHA volatilidad.
Para todos aquellos que no están metidos en el mundillo de las criptomonedas, las altcoins son todas aquellas criptos que NO son #Bitcoin, como Ethereum #ETH Cardano #ADA y tantas otras. Hay, literalmente, miles de ellas.
Read 40 tweets
My thoughts on the current Bitcoin Cash Bch dispute @Bitcoin_ABC @bitcoincashnode #BitcoinCash #Bch #IFP #commucurrency #Bitcoin
I have made plenty of comments on both reddit (u/UpstairsAdagio) and twitter about the current situation.

I feel it would be helpful to layout my full perspective here so as to leave no doubt about my intentions behind those posted comments
On the whole I am not entirely convinced that this IFP is a great idea.

I haven’t seen too much conversation about the current version (for reasons to be dealt with later) and the sell isn’t entirely welcoming
Read 44 tweets
This is a fractal with a May 2019 re-accumulation range.

I believe the chart is self-explanatory

This is one of the highest probabilities you can get in trading when everything is lined-up in confluence. HTF, LTF & Cycles.

#Bitcoin #Bcash #BitcoinCash #BCH Image
Looking at the Green H4 cluster itself, we can see they are identical as well.

Those who have not skipped MS teachings should also be able to see behind the curtain

Buying opportunity should come around apx around Sunday-Monday on a pullback of HL

#BCH #BitcoinCash #Bcash Image
If you find this fractal valuable please like & share so others can take advantage of it all alike. Thank you!
Read 6 tweets
#BCH / #BTC is as clean as it gets. Took the lows and then broke MS.

Eyeing at least 10% up move from here Image
Pretty much the same setup has happened on #LTC Image
Printing #BCH / #BTC chart 😉 Image
Read 3 tweets
.@renprotocol just launched on mainnet.

It’s one of the most underrated projects in DeFi

REN allows BTC, BCH and ZEC to be used trustlessly on Ethereum.

And unlike other trustless BTC token projects, Ren works today.

A thread : Image
1/ Ren started life as Republic Protocol, a project focused on private, cross-chain trading for BTC and ETH/ERC20 tokens.

Dark pool trading is common in financial markets, and Republic focused on bringing it to crypto, along with cross-chain order capability.
2/ As they developed Republic, the team realized that the private, cross-chain order technology could be expanded to smart contract interactions, making #RenVM much more versatile.

Republic was rebranded to Ren Protocol in 2019 to reflect this change.
Read 11 tweets

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