Discover and read the best of Twitter Threads about #bitcoincash

Most recents (12)

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
I know we've mocked the Schelling point meme re #BTC, but I do _try_ to look at objective facts when I can. Check out this thread if you have doubts about #Bitcoin's future.
I struggle with altcoins' and forks' predictions in the face of this kind of data. via google trends
Read 23 tweets
A thread:

Non-monetary inputs are an important indicator of actual usage on a blockchain. #Litecoin's NMO% is 2% or lower. Many times 0%.

This chart below shows #LTC is 99% used for monetary trx's.

Others use it for sending weather, info, etc.
Know what you are investing in.
Over the past 24 hrs, there were 30,559 #Litecoin trx's worth $83,876,422. With a median trx value of $58.93 & median trx cost of $0.00081.

The last 24 hr non-monetary output % was 1%.

That means 99% of all #LTC trx's involve actual monetary trx's between wallets. Continued...
#Bitcoin has a NMO% of <2% over the past month as seen below.

This also shows that #BTC is sent for mainly monetary purposes. Just like #LTC.

#BSV consistently has a NMO% of 25-50% which means almost 1/2 of what is sent on the BSV blockchain is not worth anything. Continued...
Read 10 tweets
It's been almost 24 hrs since @satofishi metaphorically etched #F2Pool's message onto #Bitcoin block 629999 & the network hashrate has been volatile since ⛏

From our analysis of mining pool hashrate, network hashrate has dropped from ~120 EH/s to ~100 EH/s over the past week.
The reduced block reward has caused the daily revenue per TH/s to drop from $0.14 to $0.07, which is even lower than it was during the Black Thursday price drop on March 12, 2020.
Right now, #BTC mining revenue is slightly behind #BSV, but slightly higher than #BCH.

Due to Profit-Switching Pools and the frequent Difficulty Adjustments, the mining revenue of #BitcoinCash and #BitcoinSV usually remains very close to the mining revenue of #Bitcoin.
Read 5 tweets
Hace 2 años ocurrió la 1era batalla épica ganada por los usuarios de #bitcoin

Un grupo de +50 mineros y corporaciones nos quisieron imponer el acuerdo de New York #SegWit2X, sin tenernos en cuenta

#NO2X fue la respuesta de la comunidad, realizando #UASF para escalar Bitcoin Image
Ese grupo +50 pretendía hacernos creer que ellos tenían el control de #Bitcoin, se olvidaron que esto es una tecnología de bien público (descentralizada), de la cual los usuarios (nodos completos) son quienes toman las decisiones medium.com/@DCGco/bitcoin…
Algunos se retractaron a tiempo, los Bitcoiner promovieron la campaña #NO2X y el desarrollador “Shaolinfry” (GRACIAS) propuso un esquema de activación alternativo de #SegWit -> #UASF (Bifurcación suave activada por el usuario) nob2x.org
Read 7 tweets
1/ We @ElectricCapital fingerprinted more than 20,000 code repos and 16M commits to create a Dev Report on crypto. Analyzed by @MariaShen (better known internally as "Maria Meeker"). Data powered by @jubos. Here are the highlights ⚡️
2/ Number of developers working on public coins has doubled in 2 years. Today, 4,000+ developers/month contribute code across 2.8k coins.

Reminder: this is undercounting. Some of most active projects are private (@binance), un-launched (@CodaProtocol), or not a coin (@lightning)
3/ Number of monthly active developers fell 4% while the markets fell more than 80%. Developers who entered the crypto ecosystem have continued to build despite market conditions 🙌
Read 17 tweets
0/ A busy #crypto/#blockchain space to kick off the week! Below, I've covered 16 events that took place over the past 24 hours or so.

Now that should keep you in the know!
1/ 📢 @EthereumCF-, @Zilliqa-backed @SwingbyProtocol, a cross-chain lending protocol for issuing an ERC20 BTC token, shared its MVP and whitepaper!

Creates a 1:1 soft-peg b/w #bitcoin [ $BTC ] and the BTC token *while keeping the custodian decentralized*. medium.com/swingby-protoc…
2/ 🗾 @HelloICONworld [ $ICX ] entered into a strategic partnership with top Japanese #blockchain company, @LayerXcom.

Will co-host hackathons, demo days, and conferences to increase the adoption of SCORE, ICON’s smart contract implementation environment. medium.com/helloiconworld…
Read 17 tweets
0/ It's that time again! As always, there's been *plenty* happening in the #crypto/#blockchain space over the past ~24 hours.

And so, I've compiled this thread to help keep you in the know. I hope it can do just that. Now, shall we?
1/ 🤝 Prof. services giant @PwC_China established a joint research initiative with #blockchain research organisation @LoopringOrg [ $LRC ], focusing on decentralized trading protocols designed to promote future #crypto ecosystems. pwchk.com/en/press-room/…
2/ 🇺🇸 The world's largest decentralized lending protocol, #ETHLend, just got *a lot* bigger after the founder of its parent company - @AaveAave - revealed they'd start "allowing US borrowers to borrow cryptocurrencies within ETHLand."

Learn more: blog.ethlend.io/ethlend-open-f…
Read 20 tweets
0/ Another doozy of a thread for you!

The past ~24hrs saw a great many #blockchain projects share development updates and partnership news. Amid this, the #crypto space was ripe with discussion on several topics.

On what, exactly? Well that's for you to find out 😉
1/ 🇺🇸 @AugurProject [ $REP ] - yeah, that #Ethereum-powered decentralized prediction market everyone wrote off post-#mainnet as quickly as @Novogratz revises a #bitcoin price forecast (😘) - well the #USmidterms have seemingly awoken punters from far and wide. Those numbers!
2/ 🔎 @adam3us's leading #bitcoin and #blockchain technology firm @Blockstream announced its new block explorer, blockstream.info.

Now, users can search and view specific data published in real-time to the Bitcoin #blockchain, Bitcoin #testnet and Liquid #sidechain. Neat!
Read 30 tweets
0/ Want to know what's been happening in the #crypto and #blockchain space over the past ~24 hours? Then look no further! I've got you covered.
1/ 📣 The @MakerDAO [ $MKR ] team announced the 'Core Community Development Group (CCDG)', an initiative focussed on attracting more third-party interest.

Whilst not identical, the CCDG reminds me of Elastos' @Cyber__Republic & Dash's DGBB; projects w/ strong communities indeed.
2/ 📝 @dydxprotocol's short Ethereum [ $sETH ] - an #ERC20 token pegged to a short ETH position - got listed on #0x-powered @RadarRelay.

Can't wait to see what other types of tokenized short and leveraged assets dYdX can come up with! medium.com/radarrelay/int…
Read 23 tweets
0/ Having trouble staying on top of all the latest in the world of #crypto and #blockchain? I've got you covered. Well, at least for the last 24 hours or so 💁‍♂️

Let's get this thread going shall we.
1/ 📝 @DPRating published the September edition of its #GitHub Audit, rating more than 200 #crypto and #blockchain projects.

Teams that ranked disproportionately well included @Raiden_Network [ $RDN ], @NulsService [ $NULS ], @ParticlProject [ $PART ], and @POANetwork [ $POA ].
2/ ♻️ @PowerLedger_io [ $POWR ] introduced Asset Germination Events (AGEs), furthering the utility of its native #crypto token.

AGEs will allow people to invest in and co-own energy assets. More details to come via a Friday AMA. medium.com/power-ledger/p…
Read 24 tweets
1/ @alexhevans recently dug into the numbers behind forks of #Bitcoin, #Ethereum, #Monero & #Zcash.

Main conclusion: Value can’t be forked away as easily as people like to think. placeholder.vc/blog/2018/9/17…
2/ Secondary conclusion: Despite parent #cryptonetworks retaining users, devs & value, the child forks trade at (puzzling) relative valuation premiums.
3/ To follow are graphs and conclusions from @alexhevans that are relevant to specific actors or ratios (if you're not a fan of long form writing 😉)
Read 11 tweets

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