Search results “Bitcoin hard fork block size”
Can Bitcoin Survive a Hard Fork? Xapo's Wences Casares on Block Size and Bitcoin's Future
"I think bitcoin is more robust because we cannot depend on Satoshi [Nakamoto, creator of bitcoin] to say, 'Hey, Satoshi, what do we do with the block size?'" says Wences Casares, founder of the bitcoin wallet Xapo. "I think that would be a weaker bitcoin." Casares is an entrepreneur who brought the first internet service provider to his home country of Argentina and then launched the mega successful online brokerage firm Patagon. So people listen when he says that bitcoin "may change the world more than the Internet did." Reason TV's Zach Weissmueller sat down with Casares in Xapo's San Francisco headquarters and discussed the state of bitcoin, why he believes that bitcoin's core technology needs modification to increase block size, and why such a modification doesn't threaten the future of the crypotcurrency as some critics fear. They also discussed how bitcoin can help people in developing countries to protect themselves against hyperinflation, why he believes that everyone should own a little (but not too much) bitcoin, and why Xapo stores its bitcoin private keys in vaults underneath the Swiss Alps. Approximately 10 minutes. Shot by Paul Detrick. Produced by Zach Weissmueller. Music by Art East. Visit http://reason.com/reasontv for downloadable versions of this video, and subscribe to Reason TV's YouTube channel for daily content like this.
Views: 12577 ReasonTV
Bitcoin Q&A: Scaling and the block size debate
In this talk in Berlin, Andreas looks at the inner structure of bitcoin and how high-level financial and trust applications are composed from smaller elements. Using analogies from Lego blocks to a chef creating new recipes, this talk highlights the connection between creativity and the flexibility offered by fine-grained components. Uploaded on April 22nd, 2016. Keywords/phrases: Blocksize debate, Bitcoin scaling, consensus. Decentralized control in decision-making is not a bug, it's a feature. Segregated Witness, hard fork to 2Mb, and other optimizations.
Views: 11590 aantonop
SegWit2x & Bitcoin Hard-forking | Does 2MB Block Size = Centralization?
With #SegWit2x, the potential #Hardfork is looming, & the #Bitcoin marketplace is skittish. With SegWit2x being rushed in so quickly, the miners want their 2MB bigblock-size up, ASAP. So, what Does this SegWit2x Mean for Bitcoin? How does this effect Bitcoin #centralization & #blockchain security? And what do you need to know about our news sources! Let's Discuss! === Show Links === ► http://coinmarketcap.com/ ► http://www.coindesk.com/explainer-what-is-segwit2x-and-what-does-it-mean-for-bitcoin/ ► https://www.weusecoins.com/uasf-guide/ ► https://bitcoinmagazine.com/articles/countdown-segwit-these-are-dates-keep-eye/ === Donations Accepted === ✯ Donate BTC-Bitcoin ► 1G5QaqZH6WQ5wcFb6TGbHoT7Ugct6TYnML ✯ Donate ETH-Ether ► 0x2184b97649a1689E7F92b11f217AF8ae39f701Aa ...or use our ENS name: mintingcoins.eth ✯ Donate DASH ► Xmi5w4F26VPt2C5pSJQahe8969V43zrP2J ✯ Donate LTC-Litecoin ► MTPicHRLbBwmqcSEAyhm9qXox2GdAb6iBb ✯ Donate ZEC-Zcash ► t1VqC9NL5o3DkNBzKB4fPvtDsdGQ1h2F2nR ✯ Donate BCH/BCC-Bitcoin Cash ✯ 1FXxpWiHh9XoCNrRpb8ii61aecYDDCp2do ✯ Donate XMR-Monero ► 49E4qvpriNgJ8C1wD9iSDDcSiSqXFwUUdP7XRnhw7CbfT5mLeGk2M5n6pZtu5P6sk7KficCFCpFUdSpfBqguP1HR6iahc6u === Follow, Like, & Subscribe === ➨ Follow us on SteemIt: https://steemit.com/@garypalmerjr ➨ Follow us on Twitter: https://twitter.com/MintingCoins/ ➨ Like us on Facebook: https://www.facebook.com/MintingCoins/ ➨ Follow us on Google+: https://plus.google.com/+MintingCoins E-mail me any screenshots, footage, or ideas ..for future episodes, to: MintingCoins 23 @ gmail .com === Approved Products === Join Coinbase: ► https://www.coinbase.com/join/528bf7b561411909040001fa Trezor Wallet (Cryptocurrency/Bitcoin Hardware-Wallet) ► Shop: https://mintingcoins.com/shop ► eBay: https://goo.gl/sSib2w Bitmain Antminer's ► Shop: https://mintingcoins.com/shop ► eBay, S9 & S7: https://goo.gl/yRdPsG Minting Coins™ T-shirt & Accessories! ► https://MintingCoins.spreadshirt.com/ === About Minting Coins™ === It's time to join the Blockchain & Cryptocurrency Revolution. If this video helped, inspired, or enlightened you ~ ...then please Follow, Like, & Subscribe to help our channel! Buy Bitcoin, Ethereum, & Litecoin, here: https://www.coinbase.com/join/528bf7b561411909040001fa ➨ Minting Coins™ Official Website: https://MintingCoins.com === Copyright/Copyleft === Notwithstanding the provisions of sections 106 and 106A, the fair use of a copyrighted work for purposes such as criticism, comment, review and news reporting is not an infringement of copyright. We are making such material available for the purposes of criticism, comment, review and news reporting which constitute the 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. ALL footage used is either done under the express permission of the original owner, or is public domain and falls under rules of Fair Use. (This is a fair use disclaimer that you can use too.)
Views: 1466 Minting Coins
Bitcoin Debate: Blocksize, Hard Fork, Code & Censorship! - Trace Mayer, Tone Vays, Dave Scotese
Subscribe to our Free Financial Newsletter: http://crushthestreet.com Today we have a legendary line up we have Tone Vays, Dave Scotese and Trace Mayer to talk about Bitcoin and all things Blockchain! This huge panel discusses the potential fallout from a hard fork and a soft fork while sharing valued insights on where Bitcoin will be long term. The passionate panel talk also about whether Roger Ver was censored and the ability of Bitcoin core compared to Bitcoin Unlimited! TOPICS IN THIS INTERVIEW: 02:15 Tones Vay’s Response to Roger’s Interview 04:45 Trace Mayer Technology and Progress in Bitcoin 08:55 Fifty Five Thousand Nodes in Bitcoin’s Network! 14:55 Fighting The Bitcoin Network at your own Peril 15:55 Dave Scotese Bitcoin More Resilient or Hitting a Roadblock 21:05 Two Versions of Bitcoin? 22:05 Are Bitcoin Unlimited Good Enough? 28:45 How Successful would Segwit be on Litecoin? 33:45 Roger Ver Censored? 43:05 Panel’s Confidence in Bitcoin Overall… 54:05 Final Thoughts
Views: 3775 Crush The Street
SegWit vs BTU- How to Prepare for A Bitcoin Hardfork
Thinking about purchasing a Ledger Nano Hardware Wallet? Browse their official website: https://www.ledgerwallet.com/r/67ef Want to join coinbase to begin your crypto journey? Here’s a link to get free $10: https://www.coinbase.com/join/558828dc34383271a500003b Find me on Steemit: www.steemit.com/@heiditravels Twitter: @blockchainchick Instagram: @hheidiann If you’re looking for an app that tracks the price of BTC & ETH and many other coins, check out the CoinView App: https://play.google.com/store/apps/details?id=br.com.freeflowt.coinview Donation Addresses: Bitcoin (BTC): 16gwMprXw5ss8Nk23CU8Jc6XtVf7KYF621 Ethereum (ETH): 0xac5223209791820b4c37f6f6b4b5d249d25d55ac Dash: XuvS5TzRSRGbNZM2va9KXYxF6QBqQ4tVQp LINKS FOR ADDITIONAL READING FOR THIS VIDEO & ALL INFO IN TEXT DOWN BELOW The Problem: Bitcoin takes too long and costs too much to process transactions. The time it takes to process a transaction is a result of the current block size, if you want your transaction to process faster, you’ll need to pay higher transaction fees. Unfortunately this has led to both slower transaction times as well as higher transaction fees. The debate: Segwit- Adjusts how much information is recorded in each block, this can be implemented as a soft fork, can be done quickly and will not split the blockchain. It is not a permanent solution, but some will argue that a permanent solution is not necessary at this time, rather we just need to improve transaction times. If segwit is implemented, this opens the door for an additional improvement to the bitcoin protocol in the form of what is called the Lightning Network. You can learn more about this in my previous video titled “The Lightning Network- Opening the World to Streaming Money” I will provide a link to this video down in the description, so if you want to learn more about that please check it out. Segwit Video: https://youtu.be/bKslHzOFex8 Lightning Network Video: https://youtu.be/kqwXEttuDg4 Bitcoin Unlimited- Increases the actual size of the blocks, thus allowing for more transactions to be recorded in each block. Since any increase of block size over 1megabyte would change the rules of Bitcoin, this would result in a hard fork. This would take much longer to implement and runs the very real risk of splitting bitcoin into two different coins, which will very likely result in a decrease of the price of each coin for quite some time before they can recover. When Ethereum hard forked, it took about one year for the price of ether to recover. What are the ramifications if there is a hard fork of the bitcoin blockchain? There are many variables in this problem First, will the online exchanges, hardware wallets and third party wallets support BTC, BTU, or both? Will your BTC remain BTC? Will it be converted into BTU? Will you receive an equal amount of BTU for your holdings of BTC? I should note that BTC stands for bitcoin core, which is the name of the long standing development team behind bitcoin. and BTU stands for Bitcoin Unlimited, the development team with Roger Ver at the head. In order for you to make in informed decision as to what is the best way to prepare for this possible hard fork, I strongly suggest you investigate the stance of the company behind where you store your bitcoins. For example, if you keep your bitcoins on an exchange, your bitcoins will be subject to whichever side they choose to support. If you store your bitcoins on a hardware wallet, you will also be subjected to whichever side they choose to support. The Trezor and Ledger and KeepKey hardware wallets have all announced that they will support both BTC and BTU if Bitcoin Unlimited is implemented. If you store your bitcoins on a local wallet where you control your private keys then you will receive an equal amount of BTU for your holdings of BTC. Which is exactly what happened when Ethereum hard forked and resulted in the creation of ether classic.
Views: 31434 Crypto Tips
The Origin of the Maximum Block Size
Satoshi Nakamoto's reasons for sneaking a maximum block size into the bitcoin source code are not well known by many cryptocurrency enthusiasts. In this video, we dig into a bit of blockchain history. Sources: * Discussion with Satoshi: https://bitcointalk.org/index.php?topic=1347.msg15366#msg15366 * Spam address shown in video: https://blockexplorer.com/address/1Enjoy1C4bYBr3tN4sMKxvvJDqG8NkdR4Z * Additional information: https://www.reddit.com/r/Bitcoin/comments/3giend/citation_needed_satoshis_reason_for_blocksize/ --- This episode is sponsored by Americas Cardroom, the most trusted online poker site. Fund your account AND claim your winnings using your favorite cryptocurrency!   Make your first deposit using bonus code CHRONOS to get 100% bonus + up to $50 cash.   US players welcome! Play TODAY: http://ow.ly/NEzd30guKzU Million Dollar Sunday, every Sunday at 3:00pm ET --- About the show: One Minute Crypto is among the fastest-paced bitcoin shows in the universe. We cover everything on blockchain technology: walkthroughs, tutorials, news, and more. Check us out at http://oneminutecrypto.com. Music: http://bensound.com
Views: 572 Chronos Crypto
Bitcoin: Possible Hard Fork: Upcoming 20MB Blocks
In this video, I talk about how Gavin Andresen has been working on a project to increase the block size limit. Twitter: https://twitter.com/JPSchaumleffel E-Mail: [email protected] Donate Bitcoins? My address is: 1AWSU3BoKzWoGxeydNsEPLoupC4vdfg7wC
Views: 2028 GamersGoneTech
Bitcoin Cash Fork - What You NEED to Know
Bitcoin Cash is having a hard fork on May 15th to Bitcoin ABC. In this episode, I will explain the Bcash Fork and cover if you will be receiving any free coins from this hard fork. With the Bitcoin ABC upgrade, there are now 32mg block sizes and the OP_GROUP and OP_RETURN will allow BCH to have tokens and smart contracts. Join us for more...
Views: 6718 Crypto Love
Bitcoin 'Breakthrough' Claims Block Size Increase Possible Without Hard Fork
Thanks for watching❤! SUBSCRIBE to receive more videos for free. Bitcoin 'Breakthrough' Claims Block Size Increase Possible Without Hard Fork ▶ About copyright: If someone has a problem with any upload, please contact us and we will delete the video immediately. Thank you for your cooperation. If there is a problem related to content copyright, images... please contact us to resolve it. We will work together quickly and in the spirit of best cooperation. ▶ Make sure you do not re-upload the video (the video takes a lot of time). Any violation will result in termination of your account. ▶ Thank you and best regards
Views: 1 Coin News
⚠️ DATA BREACH! 773 Million E-Mails HACKED!!! Wyoming Crypto Bill: Bitcoin IS MONEY!
Wyoming crypto bill recognizes #Bitcoin as MONEY, “Collection 1” data breech collectives over 773 emails and passwords, BitTorrent vs Upfiring, $NEX rebrand, tZERO launch, $BTC and $ETH salaries, crypto news, and more! 🔥 Pre-Order Ledger Nano X 👉 http://Ledger.kdub.co 🔺Get The Brave Browser Here ►► https://brave.com/cry542 🧟‍♂️ Join The “Crypto Zombies” Telegram ►► https://t.me/joinchat/E67b8w-hQrMsZebuCC6peg 🗳 VOTE for Crypto Zombie 🧟‍♂️ 👉 https://cia.cryptoinfluence.io/#/ 📩 Sign up for The Blockchain Brief Newsletter 👉 http://BlockchainBrief.kdub.co 🧟‍♂️ Join The “Crypto Zombies” Telegram ►► https://t.me/joinchat/E67b8w-hQrMsZebuCC6peg 🛒 Shop on Amazon with BTC ►► http://Alagoria.kdub.co 0:01 Crypto Bear Market: https://twitter.com/Cryptanzee/status/1086267853001633793 0:18 Markets: Apollo (APL) 🚀 1:35 Bitcoin needs to stay above $3,700: https://www.newsbtc.com/2019/01/18/analyst-bitcoin-price-must-get-above-3700-in-order-for-crypto-markets-to-surge/ 4:03 Could fall to $2,400: https://www.ccn.com/why-the-bitcoin-price-could-fall-to-2400-entice-wall-street-to-buy-the-dip/ 6:44 No shot for an ETF: https://cointelegraph.com/news/crypto-analyst-brian-kelly-no-shot-for-bitcoin-etf-in-2019 8:52 Good news. No pump?: https://redd.it/aheiyv 10:40 ⚠️ “Collection #1” Data Breach: https://www.troyhunt.com/the-773-million-record-collection-1-data-reach/ 12:59 Have you been pwned? https://haveibeenpwned.com/ 13:17 Wyoming crypto bill: https://blockmanity.com/news/wyoming-introduces-crypto-related-bills-which-gives-cryptocurrencies-like-bitcoin-the-same-status-as-money/ 13:49 Caitlin Long tweetstorm: https://twitter.com/CaitlinLong_/status/1086367321738731520 15:53 Cryptos = money: https://www.forbes.com/sites/darrynpollock/2019/01/18/wyoming-introduces-bill-offering-cryptocurrencies-legal-clarity-to-attract-blockchain-business/?ss=crypto-blockchain&utm_=#63f7d3fc46d5 16:31 Who actually owns crypto? https://i.redd.it/fekgkq5yi5b21.jpg 17:12 Ethereum (ETH) hard fork delayed: https://cryptobriefing.com/fork-off-constantinople-delayed/ 17:59 Litecoin (LTC) blue logo: https://twitter.com/LTCFoundation/status/1086395057173721088 18:20 eToro CEO likes BTT: https://dailyhodl.com/2019/01/18/crypto-update-ethereum-upgrade-resets-xrp-base-pairs-expand-and-etoro-ceo-calls-out-trons-smart-move/ 18:48 Tron (TRX) BitTorrent vs Upfiring (UFR): https://coinnews.design/bittorrent-and-upfiring-compete-in-the-file-sharing-race/ 20:27 Ripple (XRP) x Tsinghua University: https://dailyhodl.com/2019/01/19/brian-kelly-predicts-crypto-bottom-and-bitcoin-etf-bust-plus-ripple-and-xrp-tron-ethereum-stellar-vechain-iota-crypto-news-alert/ 20:48 Bitcoin Cash (BCH) block size: https://ambcrypto.com/bitcoin-cash-bch-versus-bitcoin-btc-research-claims-bch-never-mined-its-signature-8mb-block/ 22:35 NEX rebrands to Nash: https://youtu.be/Dt7I8p4iIn0 23:31 Venezuela buys the dip: https://cryptoslate.com/venezuela-precedent-bitcoin/ 25:31 tZERO launch: https://www.coindesk.com/overstocks-patrick-byrne-says-tzero-will-launch-next-week 26:01 $51 million Taiwanese scam: https://www.ccn.com/taiwan-bitcoin-traders-ran-51-million-crypto-scam-prosecutors-say/ 27:13 Salaries in BTC and ETH: https://cryptomenow.com/w-2-full-time-employees-in-the-usa-can-now-receive-their-salary-in-bitcoin/ 🔥 Pre-Order Ledger Nano X 👉 http://Ledger.kdub.co 🗳 VOTE for Crypto Zombie 🧟‍♂️ 👉 https://cia.cryptoinfluence.io/#/ 📩 Sign up for The Blockchain Brief Newsletter 👉 http://BlockchainBrief.kdub.co 👉 Ledger Nano Giveaway: https://coincodex.tv/contest Buy Bitcoin on Coinbase ►► http://Coinbase.kdub.co Ledger Nano S Wallet ►► http://Ledger.kdub.co Buy Cryptos on Binance ►► http://Binance.kdub.co Buy Cryptos on Huobi ►► http://Huobi.kdub.co Buy Cryptos on Bibox ►► http://Bibox.kdub.co Buy Cryptos on KuCoin ►► http://KuCoin.kdub.co Follow me on Twitter ►► http://twitter.com/TheCryptoZombie Join The Telegram ►► https://t.me/joinchat/E67b8w-hQrMsZebuCC6peg DISCLAIMER: I am not a financial advisor. This is not financial advice. This is just my opinion. Always do your own research before investing. I am not responsible for your trades… CAUTION: Ethereum Chain Split! NEW Crypto BETTER than Bitcoin?!? Calling the $BTC Bottom... https://youtu.be/o2GUlc4LUP0 Watch this video again because it's awesome: https://youtu.be/jTRn3ewyFeA #cryptocurrency #blockchain #cryptozombie #crypto #btc #bitcoincash #bch #bsv #ethereum #eth #ripple #xrp #tron #trx #upfiring #ufr #litecoin #ltc #nex #nash #tzero $BTC $ETH $XRP $BSV $BCH $TRX $UFR $LTC $NEX $NASH
Views: 11699 Crypto Zombie
Bitcoin Cash è Disperato? Hard Fork (Bitcoin ABC), Burning delle Fee, 32MB di Block Size
Ricevi gratuitamente gli studi sui Pattern Armonici e di Analisi Tecnica ogni settimana sui mercati finanziari. Iscriviti qui: http://goo.gl/JIhOHJ ============= PARTECIPA AL MIO CORSO COMPLETO ONLINE SUL TRADING : https://goo.gl/8MGUDh ISCRIVITI AL MIO CORSO ONLINE SULLE CRIPTOVALUTE: https://goo.gl/i7FKxm ============= Puoi seguirmi sui miei canali social: TradingView: https://it.tradingview.com/u/marco_casario/ Facebook: https://www.facebook.com/The10MinTrader/ Twitter: https://twitter.com/The10MinTrader Instagram: https://www.instagram.com/the10mintrader/
Views: 8866 Marco Casario
Upcoming Events: Bitcoin Cash Hard Fork, 4 x Block Size Increase? Bitcoin White, XRP Night
Hello, everyone, I hope you had a great weekend! It's time for our Cryptocurrency Look Ahead to the most exciting events for you traders on Tuesday 15th of May! Bitcoin Cash will be undergoing a Hard Fork scheduled for May 15, at 12 UCT, will give Bitcoin Cash 32MB blocks, expanding its capacity for processing transactions. Bitcoin White Adding Cryptocurrency to Wallet In their word "Priority is Bitcoin, Litecoin, Dash, Zcash, Monero. the rest will be added during voting" Finally, The Ripple Community Night with Snoop Dogg in New York, USA will be underway! Bitcoin Cash: https://news.bitcoin.com/upgrade-time-bitcoin-cash-32mb-fork-activates-tuesday/ Bitcoin White: https://bitwhite.org/ Ripple Community Night: https://www.newsbtc.com/2018/04/25/snoop-dogg-joins-ripple-nyc-community-night/
Views: 1321 NEWSBTC
Bitcoin 'Breakthrough' Claims Block Size Increase Possible Without Hard Fork
Some dub it a "breakthrough," others call it a "network attack." Those were the prevailing opinions leading up to Mark Friedenbach's much-anticipated talk at Scaling #Bitcoin Friday, where the #Blockstream co-founder presented for the first time "Forward Blocks," a proposal that claims to make future, contentious changes to bitcoin – such as block size increase or proof-of-work change – easier to do.
Views: 9 Blockchain News
6 Things You Didn't Know About a Hard Fork
Bitcoin hard fork explained! Here’s what you need to know about the Ethereum hard fork, hard fork Bitcoin, & the SegWit2x hard fork. Disclaimer: This is not financial advice. I absolve myself of all responsibility (directly or indirectly) for any damage, loss caused, alleged to be caused by, or in connection with the use of or reliance on any content, goods or services mentioned in this article. As usual, DYOR. A blockchain is a list of digital transactions, information, or data that are grouped together in “blocks” then added to a row of past blocks to form a “chain.” A fork is a divergence in a blockchain’s path, or in other words, when a blockchain splits into two different paths moving forward. A blockchain that forks implies that it’s a permanent divergence into the two different chains, & miners can choose which chain they wanna direct their computing power towards. Forks happen when a group of miners choose to follow a new set of rules & protocol that differ from the already-existing set of rules. Bitcoin Cash, for example, was a hard fork of Bitcoin because it increased block sizes to eight megabytes per block; Bitcoin remains at 1 megabyte per block. There are two types of forks: hard forks & soft forks. A soft fork is when a change in the software protocol has been made in which previously valid blocks are made invalid. It’s considered “backwards-compatible,” since old nodes (or computers mining within the Bitcoin network) are able to consider new transactions to be valid. Soft forks require a majority of miners to upgrade their software in order to enforce the new rules, whereas hard forks require every single miner to upgrade their software. This is how pay to script hash functionality (or P2SH) was made valid on the Bitcoin blockchain. An example of this is the DAO hard fork, which gave birth to Ethereum & Ethereum Classic. The DAO (or decentralized autonomous organization) was a digital group whose infrastructure was built on the Ethereum blockchain. Ethereum Classic was created, which was built on the principle that the blockchain cannot & should not be changed. Ethereum Classic continues to run on this original unforked path, & Ethereum as we know it today is using the newer, upgraded rules in their protocol. One of the most well-known hard forks occurred on the Bitcoin blockchain on August 1st, 2017 when Bitcoin Cash was created. For every Bitcoin you held, you were given an equal amount of Bitcoin Cash at the time of the fork. The fork occurred due to what’s known as the Bitcoin scalability problem, meaning the maximum number of transactions the Bitcoin network was able to process was extremely limited. As a result, the Bitcoin Cash hard fork took place, which increased block sizes from one megabyte to eight megabytes in order to increase the number of transactions the Bitcoin Cash ledger can process. Block 478558 was the last common block between Bitcoin & Bitcoin Cash. Just over 3 weeks after the Bitcoin Cash hard fork, a soft fork on the Bitcoin blockchain occurred on August 24th, 2017 that activated SegWit (short for Segregated Witness). This event increased the block size limit on the Bitcoin blockchain by removing certain parts of a transaction’s information; thus, freeing up more space on each block & allowing more transactions to occur on every block. One such important, upcoming hard fork on the Ethereum blockchain is EtherZero. Like mining, masternodes get paid from block rewards in the form of the respective coin at higher-than-normal yields. These block rewards come from the transaction fees people pay when sending their coins to another wallet. The difference between Ethereum & EtherZero is that EtherZero plans on implementing this masternode system in order to improve & stabilize its own market value. The team--comprised primarily of Dapp developers (or decentralized application developers)--hopes that masternodes will be of more benefit to cash users. They’re setting the initial masternode collateral point at 10,000 EtherZero. 45% of the block rewards will go to the masternodes, 45% to miners, & 10% to self-governing communities responsible for proposing changes that’ll improve the coin’s operations & functionality.
What is Bitcoin Diamond? Just another Bitcoin Hard Fork?
Bitcoin Diamond is the most recent Bitcoin hard fork. BCD increases the block size of Bitcoin and adds privacy to Bitcoin. Will this fork gain any adoption or is this a distraction from the overall growth of Bitcoin? Purchase a Ledger Nano S: https://www.ledgerwallet.com/r/a6e1e Mine Bitcoin at HashFlare: https://hashflare.io/r/83E943A5 Join Bitconnect: https://bitconnect.co/?ref=cryptocommand Use my code "csfioJ" to get 3% off of Genesis Mining Sign up for Genesis Mining: https://www.genesis-mining.com/a/1135527
Views: 232 Crypto Command
BCH has beaten BTC – faster and cheaper cryptocurrency
BCH has beaten BTC and became a faster and cheaper cryptocurrency. 00:04 Bitcoin didn’t meet the expectations 00:28 August 2017 - BCH Bitcoin hard fork 00:44 Key difference between the coins 01:02 Acceptance of BCH all over the globe BCH has beaten BTC and became a faster and cheaper cryptocurrency. A Bitcoin hard fork has a range of features which help it get ahead of the original Bitcoin. Transactions are faster and cheaper due to an increased block size. Even such progressing centers like BitPay, Coinfy, and GoCoin accept BCH. And crypto gurus Roger Ver and Jihan Wu support it. Do you want to get more information on altcoins? Check them out on Exrates cryptocurrency exchange http://exrates.me and follow us on social media: https://www.facebook.com/exrates/ https://twitter.com/Exrates_Me https://www.instagram.com/exrates.me/ Use the recent development of Exrates, NOMMO — the robot that predicts pump and dump on the crypto market https://predictionlab.exrates.me/ and welcome to the community https://t.me/exrates_community
Bitcoin Cash - November 15th Hard Fork (Bitcoin ABC vs Bitcoin SV) (Craig Wright vs Amaury Séchet)
⚫ Image source (image from WeChat): https://www.reddit.com/r/btc/comments/9tqk92/faketoshi_i_win_or_it_all_goes_down/ ⚫ Bitcoin Cash Hashrate Pie Chart (from Nov 4, 2018): https://www.reddit.com/r/btc/comments/9u288u/svpool_becomes_second_largest_pool_after_coingeek/ ⚫ 21 MB block mined on Bitcoin Cash. Bottlenecks prevented larger blocks from being mined: https://twitter.com/lopp/status/1036245691050483714 ⚫ Amaury Séchet @ BCH Devcon Amsterdam 2018 (use the timestamps in the top-pinned comment): https://www.youtube.com/watch?v=7wSFlyG-TY0 “Yes, so I agree, we need to get beyond 32 MB at some point. But I’d like to put things in perspective. 32 MB is PayPal level volumes of transactions. So it’s already— you are a worldwide payment system. You are not THE payment system and the money of the world, but you are pretty damn big. So we are there. The problem is we know if we go beyond that actually the software doesn’t work at all. Like, there is a bunch of problems in the software that make it so that it doesn’t quite work. And so, if you just increase the blocksize and you don’t change those other stuff, the only that you achieve is that you increase your attack surface. Because, there are all kinds of those vectors that become 4 times as bad if they are linear, 16 times as bad if they are quadratic, and so on. And so it doesn’t seem like a very rational decision to increase that limit to increase your attack surface when you effectively cannot handle that transaction volume because of other limitation in the software.” - - - “So we prioritize the work in a bit of a different way. So Bitcoin Unlimited prioritizes the work to work on the most immediate bottleneck first. So the first bottleneck we hit they work on it and then they go to the next one. In Bitcoin ABC we have prioritized things in a way that is a bit different where we prioritize the bottleneck that is the harder to fix first. Because the way we see it is the ecosystem is quite small right now. And so those smaller expensive changes are—any kind of change becomes more expensive as the ecosystem grows. So if we do the most expensive change that needs to happen to scale properly now, the cost is less big. Because by the point we grow enough so that we hit that bottleneck, it is also very likely we will be big enough so that the cost is prohibitively high to fix those. And this is more or less what happened with the block size. In like 2012, 2013 or so, people started talking about the block size. And everybody was like, “you know—we don’t really care. The block size is less than 100kb. When they get bigger we are going to fix it. No problem. Everybody agrees.” Right? This was what everybody was saying at the time. But then when we got close, we saw that we had a bunch of new actors in the space—many of them did not want to do because they had the business plan that was aligned with the fact that there is a limit. And generally there are more people to convince as well. So we found ourselves in a position where is became very, very difficult to raise the block size, and we ended up having to fork to make that happen. So we very much don’t want to find ourselves in the same situation again for other elements that limit scaling. And this is why we have been focusing on those elements that are the most expensive to fix.” - - - “I would argue though that saying, “Ok, we’ve raised the block size to 128 MB” when we cannot really handle it. And say, “Ok, we can handle that.” And then maybe one of those businesses is going to actually try and everything breaks down. It’s probably even worse than saying “We do 32 MB.” So, I would be very much of the opinion that we need to raise it as much as possible to avoid this kind of issue, but I would rather not advertise something that we cannot do. “ - - - Disclaimer: The views expressed in this video are strictly my own and are not to be construed as trading advice. Do not buy, sell or otherwise trade cryptocurrency based on the content of this video. I am merely sharing what I have done and what I would do in various situations as an educational tool only. #bitcoincash #bitcoin #btc #cryptocurrency #coins #blockchain Hard Fork, Hardfork, Split, Network Upgrade, Hash War - - - 💜 EOS donation address/account name: colintcrypto 💜 Ethereum (ETH) address: 0x5b90414Aeb115f910698304E63C2C3092739c9c0 💜 Bitcoin Cash (BCH) address: qpzc3apy9s8x2qtlqxxgnalfxtzgnkg5nq352w9k2t 💜 Bitcoin (BTC) address: 1Da6ivdriJpzqnLkNEa1XnKk5nGCiyRZrF - - - 💗 Website: http://www.ColinTalksCrypto.com 💗 YouTube: http://www.youtube.com/ColinTalksCrypto 💗 Twitter: https://twitter.com/ColinTCrypto (@ColinTCrypto) 💗 Steemit: https://steemit.com/@colintalkscrypto
Views: 9210 Colin Talks Crypto
The Bitcoin Blocksize Discussion: Human Challenges in a Digital World
A Human Problem in a Digital World Satoshi was clear in the original vision: users would vote on major changes to the protocol and would have the option to follow the longest chain. The code is clear. But what the code can't see is the human element. Miners can vote however they want...but they can't expect support of developers. Developers can also develop what they wish, but can't count on the support of miners, users and CEOs. We are in the middle of a high stakes game. Many core developers indicate that they are baffled that the users would discount the overwhelming majority of opinion of the technical experts who actually built this mission critical software over the last couple years. At the least, a contentious fork will cause bad blood and further dramatics perhaps resignations of developers. At worse, unforeseen, possibly very serious technical challenges tel simultaneous versions of Bitcoin on two different chains and other issues. Meanwhile, those who support a hard fork to the 2mb limit cannot understand why core developers would discount the marketplace opinion and business case for the hard fork. Some feel that core has become too isolated and uncooperative and that the fork is needed as much for governance improvement as for the blocksize increase. So, at the center, at lease one major part of this is a human problem. Science-minded, logic-driven engineers are sometimes not as adept at the soft ambiguity of human relationships as the typical CEO. Likewise, even the technically adept CEOs are not deep into the forest on the multi-layered technical implications of decisions. Further compounding this complexity are numerous sub-issues, side issues and considerations - some technical, some human. So what do we do? We need to increase communication and work toward a compromise on the blocksize issue from a technical angle. We also need to not neglect the human element. A few basic tools I think will help right away: nothing is decided - the fork is not certain and sticking with core is not decided think outside the box with decisions consider the other persons' point of view don't mistake the wisdom of crowds for technical competence realize that technical competence is not all that matters
Views: 568 Bruce Fenton
Bitcoin Cash Explained ( BTC vs BCH )
Bitcoin Cash was launched in August 2017 and since become Bitcoin’s most popular cryptocurrency that has forked from bitcoin network. The reason of this fork is to increase the block size and process more transaction per second. Bitcoin’s maximum block capacity is 1MB, at this current time allows to process 3-7 transactions per second and implications of congested blocks, means paying high fees. Bitcoin’s cash on other hand maximum block capacity is 8MB witch is allowed to process around 60 transactions per second and fees 99% cheaper than original bitcoin. ================================================== 💰Get a Coinbase Wallet! - https://www.coinbase.com/join/5a4bf25... Sign up! 💰Get a Binance Wallet! - https://www.binance.com/?ref=21867060 Sign up! =================================================== ★ Any donation is highly appreciated. 🔑 BTC Wallet Address: 16EtKHG2rwH2NqA4MniK4JRhzPyv5AeiER 🔑 ETH Wallet Address: 0x1db0fa9a379e46cb205a39a0766e30d3e3d0d11e 🔑 LTC Wallet Address: LRcmBavhskBURqmw1sujV5LS8WUPvfaNj8 =================================================== Monero Cryptocurrency: https://www.youtube.com/watch?v=wPc143lX-M0 Bitcoin vs Gold: https://www.youtube.com/watch?v=yraE-7_xiWU Bitcoin Adoption: https://www.youtube.com/watch?v=MU8F5ihic4Q ==================================================== Thank you so much for watching! ==================================================== Bitcoin Cash | Bitcoin Cash Explained | bitcoin cash vs bitcoin | bitcoin cash cryptocurrency | bitcoin cash 2018 | blockchain | blockchain bitcoin | blockchain bitcoin cash
Views: 14365 Aimstone
Ethereum's Fork & Bitcoin's Block Size: Different Dramas, Same Cause | DASH: Detailed
The highly-charged debates around both Ethereum's potential hardfork and Bitcoin's block size appear different on the surface, but are caused by the same design flaw -- the lack of a cryptographic polling process. Who are the real stakeholders? What do they really think? How to proceed? No subreddit or Twitter thread can tell -- only a "decision-making engine" of sorts. CONNECT - Amanda’s Twitter: http://twitter.com/amandab_johnson - Amanda’s Facebook: http://facebook.com/dashingamandabjohnson - Dash-related online discussion: http://dashnation.com/chat - Dash homepage: http://dash.org SUBSCRIBE - Send an email to [email protected] with “subscribe” in the subject line SHOW LINKS - Summation of Dash network proposals, past & present: http://dashpaymagazine.com/index.php/2016/06/23/dash-dao-10-months-progress-report - 'Flame war' threads: https://www.reddit.com/r/btc/comments/42kmlw/this_is_a_public_call_to_core_to_renounce_theymos https://www.reddit.com/r/btc/comments/4rep3x/what_happened_to_2_meg_blocks https://www.reddit.com/r/ethereum/comments/4op537/schadenfreude_jealousy_and_the_vocal_minority https://www.reddit.com/r/btc/comments/4rfczf/all_miners_appear_agree_to_counterattack_the_core https://www.reddit.com/r/ethereum/comments/4rc9dp/ethereum_corruption_in_the_foundation_the_numbers - Dash-Accepting Merchants (view more at SpendDash.com): Escuela de Regularizacion ABC (English School): contact [email protected] BolehVPN: https://bolehvpn.net Campbell's Asphalt Sealing: correction: Delaware-based, not Virginia. Contact 302-535-2123 Super Hero Printing: http://superheroprinting.com
Views: 17262 Dash - Digital Cash
Bitcoin Core Declares WAR on Segwit2x
Bitcoin Core, the most prominent node software for the bitcoin network, has declared war on the Segwit2x movement. The controversial upgrade to the bitcoin network, known as Segwit, was locked in by miners under the Segwit2x plan, which doubles the maximum block size through a planned hard fork later this year. Bitcoin Core has just merged a change into their codebase that keeps the Segwit upgrade, but disconnect from any node that signals for the block size upgrade. This is a strong stance against existing miner consensus. How will the bitcoin miners react? More on this story as it develops. --- About the show: One Minute Crypto is among the fastest-paced bitcoin shows in the universe. We cover everything on blockchain technology: walkthroughs, tutorials, news, and more. Music: http://bensound.com
Views: 2347 Chronos Crypto
Bitcoin Cash Hard Fork Aftermath, Why Did This Even Happen?
It would appear as though Bitcoin ABC powered by Jihan Wu of Bitmain and Roger Ver of Bitcoin.com have out muscled Bodog Billionaire Calvin Ayre and Dr. Craig Wright. https://twitter.com/ProfFaustus/status/1063166768502501378 For now Bitcoin ABC remains impressively ahead of Bitcoin SV… Investors are predicting ABC will be the winner as well as Bitcoin ABC’s price is pre-trading at $283 compared to Bitcoin SV’s $105. It appears the action to take at Portfolio Builder, which currently holds between a 10% to 15% position in Bitcoin Cash depending on your risk setting, is to simply move our Bitcoin Cash coins back to our Nano Ledger S after Bitcoin SV has died off. https://docs.google.com/spreadsheets/d/1i-mjovXqS57Zhhn4pYmX4MhS2vNkZ-PISEZgvAJCazQ/edit#gid=542520069 https://docs.google.com/spreadsheets/d/1fO2dAMDmRgr_20cFwnCPPmczN5mYKzjYe31v5P7kX4k/edit#gid=1403171753 If Bitcoin Cash SV does not give in and/or at some point overtakes Bitcoin Cash ABC we may end up with either a sidechain of Bitcoin Cash SV or Bitcoin Cash ABC to simply add to our portfolio. We need our coins to be at Poloniex, Coinbase or Binance to effortlessly get the new free token, which at this point appears to be Bitcoin Cash SV. This could become something like Ethereum vs Ethereum Classic scenario with two surviving technologies serving different morals and governance. Just in the past 24 hours Ethereum Classic traded 229 million dollars and is ranked #13 in market cap or total wealth stored. Ethereum Classic is alive and well, it’s returns have often outperformed Ethereum’s, despite having a much lower price and daily trading volume than Ethereum. I suspect CoinGeek/Calvin Ayre/Craig Wright will simply split from the Bitcoin Cash chain soon and take their small cult-following to mine their new chain. But why did we have to have this dramatic fight in the first place? Craig Wright and Calvin Ayre own a mining pool called CoinGeek, they sell webinars for CoinGeek and they have a big business convincing retail newbies to mine Bitcoin Cash. Which is great, we need as many people involved in cryptocurrencies as possible, but they have one HUGE problem… CoinGeek, Bitmain, Genesis Mining and everyone else selling or renting Mining Machines have increased the difficulty level to mine Bitcoin (or Bitcoin Cash) by 400% in 2018 alone! This in turn has made the profitability for mining Bitcoin to drop like a rock… The mining industry for “newbies” is likely coming to an end as sophisticated technology experts in cool temperatures and low cost-electricity areas of the world have key advantages. https://twitter.com/PatMcDermot/status/1007630242515685376 https://twitter.com/CryptoMiner1980/status/987026772062420992 https://twitter.com/Dennis69793611/status/917371450662817793 https://twitter.com/Michell40655337/status/909232648652017664 https://twitter.com/prestontaylor/status/1062777007115825152 https://twitter.com/safariexp/status/1061313681760362497 https://twitter.com/TradingCryptoUS/status/1061052573568954369 https://twitter.com/antonseim/status/1060350508257357824 https://twitter.com/rslashbtc/status/104831060588151193 To make matters worse for miners Bitcoin Cash ABC is adding 2nd-layer protocols to reduce block size (key for mining profits), Ethereum is creating sharding to reduce mining requirements and new proof of stake technologies that require little or no mining are emerging. CoinGeek, Calvin Ayre and Craig Wright have seen this coming all year and wanted to protect their mining business through Bitcoin SV which would increase the blocksize and help guarantee future mining profits. For now it looks like they’ll be left behind rather quickly! This concludes our week long coverage of Bitcoin Cash, look for smaller updates on it in upcoming weeks as we observe what really plays out here. If you haven’t signed up for a free 60-day trial to Portfolio Builder, where our technology powers you to own an Index of the total Cryptocurrency market, click here now! https://portfoliobuilder.io/
Views: 435 Portfolio Builder
What's Coming in the BCH Hardfork on May 15?
The Bitcoin Cash network is planning a mandatory hard fork on May 15, 2018, bringing a few significant changes to the growing blockchain. 1. 32mb Block Size Limit 2. New Op Codes 3. Expanded Op Return Source: https://www.bitcoinabc.org/may15hardfork --- This episode is sponsored by Americas Cardroom, the most trusted online poker site. Fund your account AND claim your winnings using your favorite cryptocurrency!   Make your first deposit using bonus code CHRONOS to get 100% bonus + up to $50 cash.   US players welcome! Play TODAY: http://ow.ly/NEzd30guKzU Million Dollar Sunday, every Sunday at 3:00pm ET --- About the show: One Minute Crypto is among the fastest-paced bitcoin shows in the universe. We cover everything on blockchain technology: walkthroughs, tutorials, news, and more. Check us out at http://oneminutecrypto.com. Music: http://bensound.com
Views: 3319 Chronos Crypto
🔥Bitcoin Cash Hard Fork Details - May 15h 2018
May 15th Bitcoin Cash is scheduled to hard fork. It will be increasing its block size from 8Mb to 32Mb and removing Segwit. - When is the Bitcoin Cash Hardfork? - Will there be a Bitcoin Cash Hard Fork? Original video at: https://vincentbriatore.net/2018/04/24/bitcoin-cash-hard-fork-details/
Bitcoin Scaling Debate - Big Blocks, Hard Fork - Roger Ver, Phil Potter, Petrov, Lombrozo - Dec 2016
WhalePool bitcoin trading community hosts top bitcoin stakeholders to discuss the future of bitcoin. Should scaling occur on-chain, or through trustless payment channels? We talk to top businessmen, exchange operators, and miners to see what the top minds in cryptocurrency believe on this issue. Starring: - Eric Lombrozo a core bitcoin developer warning of the dangers of hardfork - Roger Ver from Bitcoin.com, an entrepreneur who has invested in many alternative cryptocurrencies and supports hardforking Bitcoin to create bigger block size limit - Phil Potter from Bitfinex, operator of the top volume BTC/USD exchange - Alex Petrov from bitfury.com, one of the top miners on the bitcoin network today. Visit https://www.whalepool.io to learn more about the community. Join our Telegram chat at http://telegram.whalepool.io
Views: 6523 WhalePool
Bitcoin Cash Hard Forks to Raise the BCH Block Size [Again]
Bitcoin Cash Hard Forks to Raise the BCH Block Size [Again] Join our community of 10 000 traders on Hacked.com for just $39 per month. Today Bitcoin Cash activated a hard fork that will increase the BCH block size from 8MB to 32MB and add new OP codes to the codebase. Bigger Blocks Initially announced November 2017, the upgrade began at 12:00:00 UTC when the... ► SUBSCRIBE FOR MORE VIDEOS: https://goo.gl/NYaHq2 ► Bitcoin News -Alt Coin news - coin telegraph - coindesk - coin market cap https://goo.gl/45UVFu ★★★ Thanks for watching! Please leave a like if you enjoyed and tell me what you think in the comments! Thanks ★★★
Views: 33 CoinKorea
Andreas M. Antonopoulos: The Bitcoin Blocksize debate
We've seen the development of alternative clients, we've seen the development of better mechanisms for estimating fees and prioritizing transactions; which was really critical for the stability of the network. But we've also seen the development of second layer technologies, sidechains, Lightning Network and bi-directional payment channels and things like that. This clip if from 'Tsunami of Innovation (Exponential Innovation)' which is the keynote speech Andreas gave at the Hackers Congress Paralelni Polis [HCPP] 2016. Andreas M. Antonopoulos is world's most renowned Bitcoin and open blockchain expert. The author of the books 'The Internet of Money' (V1 https://amzn.to/2uvNYEL, V2 https://amzn.to/2LvXYEe) and 'Mastering Bitcoin' (1st edition https://amzn.to/2uzaa0z, 2nd edition https://amzn.to/2mvFSaS). Andreas is also an information security expert and tech-entrepreneur. See the next Hackers Congress HCPP18 in Prague ► https://neworder.hcpp.cz/ Follow and support Paralelní Polis → https://hcpp.cz/#support Paralelní Polis Youtube playlist → http://bit.ly/playlistHCPP16 Paralelní Polis on twitter https://twitter.com/Paralelni_polis This video is an excerpt from 'Andreas Antonopoulos - Tsunami of Innovation | HCPP16' https://youtu.be/Ibz_HMKHQl4 published under a creative commons licence https://creativecommons.org/ on 16 Jan 2017 by the Paralelní Polis YouTube channel https://www.youtube.com/channel/UCfHJ5Y3akQ7LA0PQmSYlYmQ Suggested videos: Is Bitcoin mining & development centralized? https://youtu.be/Bkg8Ec5xB4U Banks & Their Five Stages of Grief [Bitcoin and the Banks] https://youtu.be/FAWFpCCuPLs How likely is it that Bitcoin will become obsolete? https://youtu.be/tBnC9AhKjws The Bitcoin Lightning Network Questions https://youtu.be/5wOqgUjYwc0 Bitcoin Forks and The Bitcoin Futures Market https://youtu.be/o7TtwckPCUI The Bitcoin Lightning Network Explained https://youtu.be/Z7Q0AwbKZX8 How to keep your Bitcoin safe https://youtu.be/bDVIe7xcXBY Follow Andreas on Twitter @aantonop https://twitter.com/aantonop Subscribe to Andreas's YouTube channel https://www.youtube.com/user/aantonop Check out Andreas's website https://antonopoulos.com/ Support Andreas by becoming a Patreon https://www.patreon.com/aantonop Andreas is the author of two books: “Mastering Bitcoin,” published by O’Reilly Media and considered the best technical guide to bitcoin; and “The Internet of Money,” a book about why bitcoin matters. The Internet of Money, v1 https://amzn.to/2uvNYEL The Internet of Money, v2 https://amzn.to/2LvXYEe Mastering Bitcoin 1st edition https://amzn.to/2uzaa0z Mastering Bitcoin 2nd edition https://amzn.to/2mvFSaS Follow Bitcoinboy on Twitter @BitCoinBoy https://twitter.com/BitCoinBoy If you'd like to support this channel 1BtCboyxPL4WNutwq79oqsQ5Vc25SchoZp About the Creative Commons Licence: One goal of Creative Commons is to increase the amount of openly licensed creativity in “the commons” — the body of work freely available for legal use, sharing, repurposing, and remixing. Through the use of CC licenses, millions of people around the world have made their photos, videos, writing, music, and other creative content available for any member of the public to use. End screen music: TeknoAXE's Royalty Free Music - Cavern Starting Area 1 https://youtu.be/1DtfwcfXJss #Bitcoin #Blockchain #Technology
Views: 378 Bitcoinboy
Bitcoin Q&A: SegWit and fork research
How likely is a hard fork to increase the block size in the future? Under what conditions might that happen? What is being prioritised in the roadmap? Why implement Segregated Witness (SegWit) instead of "simply" increasing the block size limit? More on SegWit and capacity increase research: https://bitcoincore.org/en/2015/12/23/capacity-increases-faq/ More on Bitcoin hard fork research: https://bitcoinhardforkresearch.github.io/ These questions are from the February Patreon live Q&A and MOOC session 9.5, which took place on February 24th and March 16th 2018 respectively. Andreas is a teaching fellow with the University of Nicosia. The first course in their Master of Science in Digital Currency degree, DFIN-511: Introduction to Digital Currencies, is offered for free as an open enrollment MOOC course to anyone interested in learning about the fundamental principles. If you want early-access to talks and a chance to participate in the monthly live Q&As with Andreas, become a patron: https://www.patreon.com/aantonop RELATED: What is a fork? - https://youtu.be/QwEDtdkV3Q4 What happens during a fork? - https://youtu.be/XBk8hBJ1xVo Airdrop coins and privacy implications - https://youtu.be/JHRnqJJ0rhc The dangers of hard forks in protocol evolution - https://youtu.be/vxEHRvhJKvA Proof-of-work changes - https://youtu.be/AcaktuPdQrc A voluntary alternative to mandatory currencies - https://youtu.be/5ogv3Eya9nQ Consensus Algorithms, Blockchain Technology, and Bitcoin - https://youtu.be/fw3WkySh_Ho Advanced Bitcoin Scripting Part 2: SegWit, Consensus, and Trustware - https://youtu.be/pQbeBduVQ4I What is Consensus: Rules without Rulers - https://youtu.be/2tqo7PX5Pyc Forkology: A Study of Forks for Newbies - https://youtu.be/rpeceXY1QBM What is the roadmap? - https://youtu.be/5Eoj_sKyC90 Nonces, mining, and quantum computing - https://youtu.be/d4xXJh677J0 Cryptographic primitives - https://youtu.be/RIckQ6RBt5E The rules of Bitcoin (part 1) - https://youtu.be/VnQu4uylfOs The rules of Bitcoin (part 2) - https://youtu.be/vtIp0GP4w1E Rules versus rulers - https://youtu.be/9EEluhC9SxE Migrating to post-quantum cryptography - https://youtu.be/dkXKpMku5QY Honest nodes and consensus - https://youtu.be/KAhY2ymI-tg Scaling, trust, and trade-offs - https://youtu.be/vCxmHwqyJWU What is the role of nodes? - https://youtu.be/fNk7nYxTOyQ Why running a node is important - https://youtu.be/oX0Yrv-6jVs Misconceptions about the Lightning Network - https://youtu.be/c4TjfaLgzj4 Lightning, full nodes, and miners - https://youtu.be/dlJG4OHdJzs What is Segregated Witness? - https://youtu.be/dtOjjB4mD8k SegWit adoption - https://youtu.be/KCsTVTRk6I4 MimbleWimble and Schnorr signatures - https://youtu.be/qloq75ekxv0 Atomic swaps - https://youtu.be/fNFBA2UmUmg Andreas M. Antonopoulos is a technologist and serial entrepreneur who has become one of the most well-known and respected figures in bitcoin. Follow on Twitter: @aantonop https://twitter.com/aantonop Website: https://antonopoulos.com/ He is the author of two books: “Mastering Bitcoin,” published by O’Reilly Media and considered the best technical guide to bitcoin; “The Internet of Money,” a book about why bitcoin matters. THE INTERNET OF MONEY, v1: https://www.amazon.co.uk/Internet-Money-collection-Andreas-Antonopoulos/dp/1537000454/ref=asap_bc?ie=UTF8 [NEW] THE INTERNET OF MONEY, v2: https://www.amazon.com/Internet-Money-Andreas-M-Antonopoulos/dp/194791006X/ref=asap_bc?ie=UTF8 MASTERING BITCOIN: https://www.amazon.co.uk/Mastering-Bitcoin-Unlocking-Digital-Cryptocurrencies/dp/1449374042 [NEW] MASTERING BITCOIN, 2nd Edition: https://www.amazon.com/Mastering-Bitcoin-Programming-Open-Blockchain/dp/1491954388 Subscribe to the channel to learn more about Bitcoin & open blockchains! Music: "Unbounded" by Orfan (https://www.facebook.com/Orfan/) Outro Graphics: Phneep (http://www.phneep.com/) Outro Art: Rock Barcellos (http://www.rockincomics.com.br/)
Views: 5732 aantonop
Op-Ed: Bitcoin Cash Hard Fork Addresses Bottlenecks around BlockSize Limits and Enables Smart-Con...
Op-Ed: Bitcoin Cash Hard Fork Addresses Bottlenecks around BlockSize Limits and Enables Smart-Contract Scripting Join our community of 10 000 traders on Hacked.com for just $39 per month. This opinion piece on the May 15 Bitcoin Cash hard fork was written by Alejandro de la Torre, VP of Business Operations at BTC.com, the leading digital platform for cryptocurrency users, miners and developers. Follow him on T... ► SUBSCRIBE FOR MORE VIDEOS: https://goo.gl/NYaHq2 ► Bitcoin News -Alt Coin news - coin telegraph - coindesk - coin market cap https://goo.gl/45UVFu ★★★ Thanks for watching! Please leave a like if you enjoyed and tell me what you think in the comments! Thanks ★★★
Views: 20 CoinKorea
What is BITCOIN SCALABILITY PROBLEM? What does BITCOIN SCALABILITY PROBLEM mean? BITCOIN SCALABILITY PROBLEM meaning - BITCOIN SCALABILITY PROBLEM definition - BITCOIN SCALABILITY PROBLEM explanation. SUBSCRIBE to our Google Earth flights channel - https://www.youtube.com/channel/UC6UuCPh7GrXznZi0Hz2YQnQ Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. The bitcoin scalability problem refers to the limits on the amount of transactions the bitcoin network can process. It is a consequence of the fact that records (known as blocks) in the bitcoin blockchain are limited in size and frequency. Bitcoin's blocks include the transactions on the bitcoin network.:ch. 2 The transaction processing capacity of the bitcoin network is limited by the average block creation time of 10 minutes and the block size limit. These jointly constrain the network's throughput. The transaction processing capacity maximum is estimated between 3.3 and 7 transactions per second. There are various proposed and activated solutions to address this issue. The one-megabyte limit has created a bottleneck in bitcoin, resulting in increasing transaction fees and delayed processing of transactions that cannot be fit into a block. Various proposals have come forth on how to scale bitcoin, and a contentious debate has resulted. Business Insider in 2017 characterized this debate as an "ideological battle over bitcoin's future." Dealing with scalability problems requires making changes to the technical workings of bitcoin, in a process known as a fork. Forks can be grouped into two types: 1. Hard fork! A hard fork occurs when a blockchain splits into two incompatible separate chains. This is a consequence of the use of two incompatible sets of rules trying to govern the system. For example, Ethereum has hard-forked to "make whole" the investors in The DAO, which had been hacked by exploiting a vulnerability in its code. In 2014 the Nxt community was asked to consider a hard fork that would have led to a rollback of the blockchain records to mitigate the effects of a theft of 50 million NXT from a major cryptocurrency exchange. The hard fork proposal was rejected, and some of the funds were recovered after negotiations and ransom payment. Bitcoin Cash and Bitcoin Gold are examples of hard forks of bitcoin. Bitcoin XT and Bitcoin Classic both supported an increase to the maximum block size through a hard fork. Bitcoin Unlimited supports a variable block size limit, which may result in a hard fork. 2. Soft fork! In contrast to a hard fork, a soft fork is a change of rules that creates blocks recognized as valid by the old software, i.e. it is backwards-compatible. A soft fork can also split the network when non-upgraded software creates blocks not considered valid by the new rules. A user-activated soft fork (UASF) is a controversial idea that explores how to perform a blockchain upgrade that is not supported by those who provide the network's hashing power. Segregated Witness is an example of a soft fork. Various proposals for scaling bitcoin have been presented. In 2015, BIP 100 by Jeff Garzik and BIP 101 by Gavin Andresen were introduced. By mid-2015, some developers were supporting a block size limit of as high as eight megabytes. Bitcoin XT was proposed in 2015 to increase the transaction processing capacity of bitcoin by increasing the block size limit. Bitcoin Classic was proposed in 2016 to increase the transaction processing capacity of bitcoin by increasing the block size limit. "The Hong Kong Agreement" was a 2016 agreement of some miners and developers, colloquially termed "The Hong Kong Agreement," that contained a timetable that would see both the activation of the Segregated Witness (SegWit) proposal established in December 2015 by Bitcoin Core developers, and the development of a block size limit increased to 2 MB. However, both timelines were missed. SegWit2x was a proposed hard fork of the cryptocurrency bitcoin. The implementation of Segregated Witness in August 2017 was only the first half of the so-called "New York Agreement" by which those who wanted to increase effective block size by SegWit compromised with those who wanted to increase block size by a hard fork to a larger block size. The second half of SegWit2x involved a hard fork in November 2017 to increase the blocksize to 2 megabytes. On November 8, 2017 the developers of SegWit2x announced that the hard fork planned for around November 16, 2017 was canceled for the time being due to a lack of consensus....
Views: 47 The Audiopedia
Bitcoin Cash $BCH Drama & Potential Chain Split... Clearly Explained! (Bitcoin SV vs Bitcoin ABC)
Bitcoin Cash’s (BCH) November Hard Fork is bringing a TON of drama into their community. You have Bitcoin ABC with lead dev Amaury Sechet proposing new Op codes and canonical transaction ordering, while nChain (Craig Wright) and CoinGeek (Calvin Ayre) proposing a different client - Bitcoin Satoshi Vision (Bitcoin SV) - which does not have any of those changes and instead looks to lock in the original Bitcoin protocol 0.1.0 with a block size increase to 128 MB blocks. Then you have Bitcoin Unlimited trying to push for compromise while Cobra released Cobra Client which doesn’t include any of the proposed features - just replay protection. Finally you have Bitmain’s mining pools going against CoinGeek/Craig Wright and Roger Ver still on the sidelines evaluating. For an overview of all the JUICY DRAMA going on in BCH world, please give this video a watch! #BitcoinCash #HardFork #Cryptocurrency
Views: 9722 Bitcoin for Beginners
Bitcoin Softfork vs Hardfork | Cryptocurrency For Beginners + Segwit
Cryptocurrency For Beginners - btc hardfork vs softfork explained What is a bitcoin softfork : A soft fork is a fork where updated versions of the protocol are backwards compatible with previous versions. Older versions of the Bitcoin software will recognize new blocks. Conducting a soft fork of the Bitcoin software has less of a chaotic effect on the network as only a majority of node operators need to upgrade. When a soft fork change is made, all nodes (whether upgraded or not) will continue to recognize new blocks and maintain consensus on the Blockchain. A hard fork change can be tricky. A hard fork is a change of the Bitcoin protocol that is not backwards compatible with older versions of the client. Any participants running a node in the Bitcoin network would absolutely need to upgrade their software in order to recognize new blocks. What is a bitcoin hardfork : Hardforks ease block acceptance rules making previously invalid blocks valid in the new version. Obviously, this is not forward compatible as older versions will not accept the new blocks, causing the users of the old paradigm to remain on their own blockchain-fork indefinitely. To implement a hardfork, without a blockchain-fork, all users must switch to the new protocol consensually. Why is btc dropping : Uncertainty over bitcoins future has caused some investors to pull back. Will bitcoin split ? It currently looks like a negative. Segwit : SegWit is the process by which the block size limit on a blockchain is increased by removing signature data from Bitcoin transactions. Segregated Witness in short, means to separate transaction signatures. SOURCE: http://www.investopedia.com/terms/s/segwit-segregated-witness.asp SOURCE: http://truebloodlawgroup.com/blog/What-is-the-difference-between-a-Hard-Fork-and-a-Soft-Fork/2524 Microphone: http://amzn.to/2sS24Ol Silver American Eagle coin: http://amzn.to/2r9iwZb Buy stocks with no fees: http://share.robinhood.com/philipm72 Hello all! I'm The Naughty Investor -- thanks for watching. *some links may be affiliate
Bitcoin Cash new cryptocurrency explained! Bitcoin August Fork Split
Please watch: "How Facebook targeted advertisements track you online, offline and where they sell your private data" https://www.youtube.com/watch?v=9sFl2qGedFQ -~-~~-~~~-~~-~- Hi, this is Bitcoin Cash explained video. What is Bitcoin Cash? A new cryptocurrency was created as fork of original Bitcoin. Explaining Bitcoin Cash is like trying to shoot a moving target - there is lot going on in with the new blockchain. At some point, it looked like Bitcoin Cash will crash, but right now it does receive more support from mining pools. After all, everybody who owned bitcoins on August 1st would be rewarded equal amount Bitcoin Cash. That's some extra money for free, right? This video is about Bitcoin Cash explained! Enjoy my bitcoin cash video explanation! Well not so many people were to eager to deal with Bitcoin Cash, which resulted in a state where it was impossible to move it, sell it, or cash for fiat money (e.g. dollars). So what is Bitcoin Cash exactly? What is bitcoin cash? Bitcoin Cash is a fork of Bitcoin. Bitcoin is an open source cryptocurrency that relies on pure mathematics and economics to determine its value. Since the software of Bitcoin is open source, anybody can take it and create their own currency. The real catch here is that it needs to be supported, if you want it to have any value. Bitcoin cash fork a new cryptocurrency Bitcoin Cash was created because some developers and few big mining pools wanted to increase size of Bitcoin blocks from 1 MB to 8 MB. Each block holds a number of transaction, which take up some space of bytes. These are blocks are validated by solving difficult puzzles, for which miners receive rewards (Bitcoins). Bitcoin blocksize limit debate However, the bitcoin's block size limit allowed maximum of 7 transactions a minute. And as Bitcoin grows in number of users, this cap was soon to be hit, which resulted in slow down of confirmations of transactions. Bitcoin growth The limit is made to secure the network and ensure its decentralized nature that prevents big players from gaining control. That wasn't appealing to some people who view Bitcoin's growth as more important than decantralization and security. This dispute over Bitcoin's block size limit was going on for over 2 years and escalated into now forking Bitcoin Cash as a separate cryptocurrency independent from Bitcoin. Both Bitcoin and Bitcoin Cash exist and trade simultaneously, and they have no direct effects on another. Difference between Bitcoin and Bitcoin Cash is now like between Bitcoin and Ethereum, or any other cryptocurrency in the world. What does Bitcoin split to Bitcoin Cash mean in the long run? That's really hard to tell. Bitcoin Cash was made to surpass or even replace original bitcoin, but bitcoin is now growing value, surpassing $3,000 dollar milestone just after the fork of Bitcoin Cash. Bitcoin will implement SegWit, Segregated Witness, to deal with the pressure of its own growth. You'll learn what is segwit in this video. Nevertheless, it's going to be extremely interesting and worthwhile studying cryptocurrency as they keep growing on value, influence, and bitcoin is now even entering mainstream. Sources: To understand Bitcoin and cryptocurrency: http://www.michaelnielsen.org/ddi/how-the-bitcoin-protocol-actually-works/ Bitcoin blockchain technology https://www.coindesk.com/information/what-is-blockchain-technology/ Bitcoin Cash just split https://arstechnica.com/tech-policy/2017/08/why-the-bitcoin-network-just-split-in-half-and-why-it-matters/ https://arstechnica.com/tech-policy/2017/07/a-new-deal-could-end-bitcoins-long-running-civil-war/ Bitcoin block size limit https://www.cryptocompare.com/coins/guides/what-is-the-block-size-limit/ What is SegWit https://www.cryptocompare.com/coins/guides/what-is-segwit/ https://mybroadband.co.za/news/banking/206742-bitcoin-and-ethereum-vs-visa-and-paypal-transactions-per-second.html http://www.businessinsider.com/bitcoin-cash-price-may-be-house-of-cards-close-to-collapsing-2017-8 Credits: Painted Indigo by Teknoax Real Chill Experimental Freestyle Hip Hop Instrumental (With Trippy visuals) by Chuki Beats https://www.youtube.com/user/CHUKImusic Follow me: https://twitter.com/The_HatedOne_ https://www.reddit.com/user/The_HatedOne/ https://www.minds.com/The_HatedOne Help us fight for our digital rights: https://act.eff.org/ The footage and images featured in the video were for critical analysis, commentary and parody, which are protected under the Fair Use laws of the United States Copyright act of 1976.
Views: 1445 The Hated One
Bitcoin Cash (BCH) price rises above 12% ahead of the upcoming hard fork (Hindi)
In this video blog, we look at the recent price rise of Bitcoin Cash (BCH). The controversial cryptocurrency project has risen by more than 12% in the last 24 hours. At the time of recording, Bitcoin Cash was trading at a little more than $1,454 on international exchanges and between Rs 95,000-1,00,000 on Indian exchanges. So, why has the BCH coin price risen in the last 24 hours? We see three fundamental reasons: 1. The bull season is finally here, and more people are investing money across altcoins. Bitcoin Cash cryptocurrency is also reaping the benefits. 2. Bitcoin Cash was listed on London Block Exchange today, giving more investors access to BCH coin in the UK. 3. The biggest reason could be the interest around the upcoming Bitcoin Cash Hard Fork on May 15th which is aiming to bring functionalities such as smart contracts and bigger block sizes to the BCH blockchain. Investors might be accumulating BCH considering the positive impact that the hard fork might have on Bitcoin Cash prices. References: Bitcoin Cash gets a boost after being added to a London exchange: https://www.businessinsider.in/Bitcoin-Cash-gets-a-boost-after-being-added-to-a-London-exchange/articleshow/64001819.cms Bitcoin Cash to Upgrade to Smart Contracts, Bigger Block Size with May 15 Hard Fork: https://coincentral.com/bitcoin-cash-to-upgrade-to-smart-contracts-bigger-block-size-with-may-15-hard-fork/ Thumbnail image credit: Wikimedia Commons -https://commons.wikimedia.org/wiki/File:Bitcoin_Cash.png Follow Crypto Dost on Twitter: https://twitter.com/TheCryptoDost For enquiries, write to [email protected] Disclaimer: Please keep in mind that I have made this channel to share my experiences in the cryptocurrency market. I am not a professional financial advisor and the information provided is solely for educational purposes. Consult your own financial advisors and do your own research before investing in cryptocurrencies. Investing in cryptocurrencies is inherently risky and you can also lose all the amount you invested. Only invest the amount you can afford to lose. The channel shall not be liable to the viewer for any damages, claims, expenses or losses of any kind (whether direct or indirect) suffered by the viewer from or in connection with the information obtained on this channel.
Views: 369 Crypto Dost
WhalePool Interview: Developer Olivier Janssens on Blocksize, Bitcoin Classic & Unlimited mar/2017
Olivier is an early bitcoin adopter and investor in multiple crypto projects. He supports on-chain scaling solutions, particularly Bitcoin Classic, and recently announced a hardfork plan for 8MB effective block size. Teamspeak: ts.whalepool.io Telegram: telegram.me/whalepoolbtc Twitter: twitter.com/whalepool Stream Downtime/Restart: 12:00 GMT+1 and 00:00 GMT+1 for ~1-3mins From our experience, we only recommend trading on the following exchanges: Bitcoin Futures Deribit (http://deribit.whalepool.io)- leveraged bitcoin options & futures. Fantastic alternative to bitmex. It is managed by an extremely experienced & talented team. Bitmex (http://bitmex.whalepool.io/) - Proven track record, available in the whalepool telegram chat also. A great platform with high leverage available Altcoins Binance (http://binance.whalepool.io/) - A new comer to the altcoin scene rapidly gaining popularity for shitcoins. Run & administered by the ex-Okcoin CTO. Seems very popular with a better UI & selection than bittrex Spot Trading BTC/Alts Bitfinex (http://bitfinex.whalepool.io/) - Proven track record. Great staff. The most liquid BTCUSD market. Find Bitfinex reps on teamspeak also. Every Sunday ~30mins Downtime for Maintenance The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.
Views: 1110 WhalePool
What is a Bitcoin hard fork? Simply Explained!
Recently we’ve heard about a Bitcoin hard fork. But what is a hard ford? What’s the impact on a cryptocurrency and why are they created? In this video I'll explain all of that in a simple way. 💰 Want to buy Bitcoin or Ethereum? Buy for $100 and get $10 free (through my affiliate link): https://www.coinbase.com/join/59284524822a3d0b19e11134 -------------- 🐦 Follow me on Twitter: https://twitter.com/savjee ✏️ Check out my blog: https://www.savjee.be 👍🏻 Like my Facebook page: https://www.facebook.com/savjee -------------- 📚 Sources can be found on my website: https://www.savjee.be/videos/simply-explained/what-is-bitcoin-hard-fork/
URGENT MESSAGE - Bitcoin Cash block size limitation needs to be removed ASAP! Here is why...
Bitcoin Core BTC code development has been sabotaged already, personal interests of the bankers got in a way of scaling Bitcoin system in BTC blockchain. This mistake must not happen again... the "not needed now" mentality is very bad and dangerous because you never know if in the future when bigger blocks are needed, we will have ability to increase the block size again because humans can be bought out, can be corrupted and no one can guarantee that this will not happen again with Bitcoin Cash. So be smart, for this reason... this artificial block size limit needs to either be made automatic so that human interaction is no longer a limiting factor that can prevent it (watch my previous video I made about this proposal), or completely remove it, which is what nChain and Bitcoin SV client are proposing in 2nd coming upgrade (1st coming upgrade being upgrade to 128MB block size limit). Thank you for watching... please support Bitcoin Cash, as it is the real Bitcoin system.
Bitcoin hard fork SegWit2x cancelled
Disagreements led the hard fork cancel. SegWit2x, which has been planned to implement in mid-November has cancelled. The developers note that at the moment it was not possible to reach a consensus on increasing the size of bitcoin and further work in this direction could split the bitcoin community, and this was never the goal of SegWit2x. The purpose of the fork was to increase the block size to 2 MB and improve the scalability of bitcoin. Recall that some representatives of the cryptoworld expressed the opinion, that SegWit2x is a risky technology and gives miners and commercial organizations too much influence. There were also those who supported hard fork, noting that competitors earn on idle bitcoin. Adherents of the hard fork implementation, BitPico miners stated: "We will forge anyway, because everything is set in motion." They claim, that they have all the possibilities for this, owning thirty percent of the total bitcoin network capacity. Our partner: https://hostcoin.io/ Our website: https://kcn.media/en/ Our service list: http://bit.ly/2rC4eRj We are on twitter: https://twitter.com/KolesCoinNews We are on facebook: https://www.facebook.com/KolesCoinNews/ We are on Steemit: https://steemit.com/@kcnnews We are on Medium: https://medium.com/koles-coin-news We are on Bitcoingarden: https://bitcoingarden.org/forum/index.php?topic=10012.msg203727#msg203727 We are on linkedin: https://www.linkedin.com/groups/12025958 We are on Blogger: http://kolescoinnews.blogspot.com/ We are on google+: https://plus.google.com/b/102188026596616035629/collection/0DA-cB We are on Trello: https://trello.com/b/CrDsyjcB/cikcn-partnership _________________________________________________________________ #kcn #kolescoinnews #cryptocurrency #bitcoin #blockchain #mining #token #ICO #future #technologies #coinmarketcap Info: https://cointelegraph.com/
Views: 34 KCN News
Bitcoin Q&A: What was SegWit2x?
A review on some "deep history" of Bitcoin... that is, one year ago. What was SegWit2x? Why should block sizes be limited? What is the "real Bitcoin"? What are the interdependent consensus constituents, and how do consensus changes succeed or fail? These questions are from the MOOC 8.2 session and the (late) August monthly Patreon session, which took place on September 15th 2017 and September 1st 2018 respectively. If you want early-access to talks and a chance to participate in the monthly live Q&As with Andreas, become a patron: https://www.patreon.com/aantonop RELATED: Consensus Algorithms, Blockchain Technology, and Bitcoin - https://youtu.be/fw3WkySh_Ho Advanced Bitcoin Scripting Part 1: Transactions and Multisig - https://youtu.be/8FeAXjkmDcQ Advanced Bitcoin Scripting Part 2: SegWit, Consensus, and Trustware - https://youtu.be/pQbeBduVQ4I What is Consensus: Rules without Rulers - https://youtu.be/2tqo7PX5Pyc Forkology: A Study of Forks for Newbies - https://youtu.be/rpeceXY1QBM Bitcoin: Where the Laws of Mathematics Prevail - https://youtu.be/HaJ1hvon0E0 The mining process - https://youtu.be/L4Xtau0YMJw Genesis block and coinbase transactions - https://youtu.be/strhfzJ56QE The rules of Bitcoin (part 1) - https://youtu.be/VnQu4uylfOs The rules of Bitcoin (part 2) - https://youtu.be/vtIp0GP4w1E Decentralized power, leaderless governance - https://youtu.be/E5VbDlQTPzU Scaling, trust, and trade-offs - https://youtu.be/vCxmHwqyJWU Why running a node is important - https://youtu.be/oX0Yrv-6jVs Honest nodes and consensus - https://youtu.be/KAhY2ymI-tg Do "crypto-banks" threaten hard money? - https://youtu.be/Ps78g2_3_6o Running nodes and payment channels - https://youtu.be/ndcfBfE_yoY What happens during a fork? - https://youtu.be/XBk8hBJ1xVo Empty blocks, orphan blocks, and valid chains - https://youtu.be/dizF2S63RXY SegWit adoption - https://youtu.be/KCsTVTRk6I4 How do mnemonic seeds work? - https://youtu.be/wWCIQFNf_8g Andreas M. Antonopoulos is a technologist and serial entrepreneur who has become one of the most well-known and respected figures in bitcoin. Follow on Twitter: @aantonop https://twitter.com/aantonop Website: https://antonopoulos.com/ He is the author of two books: “Mastering Bitcoin,” published by O’Reilly Media and considered the best technical guide to bitcoin; “The Internet of Money,” a book about why bitcoin matters. Subscribe to the channel to learn more about Bitcoin & open blockchains; click on the red bell to enable notifications about new videos! MASTERING BITCOIN, 2nd Edition: https://amzn.to/2xcdsY9 Translations of MASTERING BITCOIN: https://bitcoinbook.info/translations-of-mastering-bitcoin/ THE INTERNET OF MONEY, v1: https://amzn.to/2ykmXFs THE INTERNET OF MONEY, v2: https://amzn.to/2IIG5BJ Translations of THE INTERNET OF MONEY: Spanish, 'Internet del Dinero' (v1) - https://amzn.to/2yoaTTq French, 'L'internet de l'argent' (v1) - https://www.amazon.fr/Linternet-largent-Andreas-M-Antonopoulos/dp/2856083390 Russian, 'Интернет денег' (v1) - https://www.olbuss.ru/catalog/ekonomika-i-biznes/korporativnye-finansy-bankovskoe-delo/internet-deneg Vietnamese, 'Internet Của Tiền Tệ' (v1) - https://alphabooks.vn/khi-tien-len-mang MASTERING ETHEREUM (Q4): https://amzn.to/2xdxmlK Music: "Unbounded" by Orfan (https://www.facebook.com/Orfan/) Outro Graphics: Phneep (http://www.phneep.com/) Outro Art: Rock Barcellos (http://www.rockincomics.com.br/)
Views: 6788 aantonop
Bitcoin Fundamentals: Block Size, Bitcoin Scalability, & SegWit
https://docs.google.com/presentation/d/1UWcpLF55_TAjgNK8Xkpys4v6EOVgp9bdXDDsR12_Q1g/edit?usp=sharing BTC Tipjar 13hpkV7BSkk4pFcTZjp4DFkBPSp81nQVwh https://twitter.com/CarpeNoctom Referral & Affiliate Links 1broker - https://1broker.com/?c=en/action/r&i=2529 Trezor Hardware Wallet - https://buytrezor.com?a=e2431cfb0407 Samsung Meteor Microphone - https://t.co/vjz6fVHmw1 Dragonpad Pop Filter - https://t.co/PYEK0GWGiW
Views: 1456 Josh Olszewicz
Interview w/ Roger Ver: Can Bitcoin Unlimited End the BTC Blocksize Debate?
http://NeocashRadio.com - In this bonus episode of Neocash Radio, Bitcoin angel investor & Bitcoin.com CEO Roger Ver talks with JJ, Darren, and Randy about Bitcoin Unlimited, a new initiative that lets Bitcoin miners dictate the block size they want to use. Could this be an end to the Bitcoin block size debate? Will this require a hard fork? Could that create two different Bitcoin chains like what happened with Ethereum? What does Roger plan to do if Bitcoin doesn’t scale and loses its value? We also discuss censorship on Reddit’s r/bitcoin channel, the Lightning Network, SegWit, and more! Download this episode to your favorite podcast app or get the MP3 file: http://bit.ly/neocashRogerVer ====== Join Darren, JJ, and Randy on the Neocash Radio podcast EVERY WEDNESDAY NIGHT as they discuss the future of money today! Show topics include international news about digital currencies such as Bitcoin, Ethereum, and Dash, as well as traditional markets and fiat currencies. Monetary & economic policy, blockchain news, and technological innovations round out the discussion. Don't want to miss our special segments and bonus interviews?SUBSCRIBE to Neocash Radio on on iTunes / Soundcloud / Stitcher / Google Play Music / Tunein / Player.FM / Overcast.FM / Podcast Addict / Blubrry / LBRY and more: http://neocashradio.com/subscribe-podcast-archive-episodes/ BTC address: 1KNrZdhxr6kroWCfkyLeYKpkXAAR6KQtrn
Views: 811 NeoCash Media
BCH in 1 minute | What is BCH?
Bitcoin Cash is a cryptocurrency. In mid-2017, a group of developers wanting to increase bitcoin's block size limit prepared a code change. The change, called a hard fork, took effect on 1 August 2017. As a result, the bitcoin ledger called the blockchain and the cryptocurrency split in two. ------------------------------------------------------------------------------------------------------ Our resources • Website: bkreep.pro •www.youtube.com/channel/UCLIYxas9jhkAtR1y2xSCRpw - English channel •www.youtube.com/channel/UC5iYsCO9KUQ6deww2Bpvvyg - Russian channel • Telegram: https://t.me/BonanzaKreepNews & https://t.me/BonanzaKreepOfficial • Twitter: twitter.com/BonanzaKreep • Facebook: facebook.com/bonanzakreepmagazine • Steemit: steemit.com/@bonanza-kreep • Instagram: instagram.com/bonanza_kreep • Contacts: [email protected]
Views: 1167 Bonanza Kreep
Epic Block Size Fork of 2017! ETA 13 Days. Vlog #1
This new vlogging series is dedicated to covering the crazy historic block size debate that is reaching a crescendo. The fork will occur on August 1st. I will cover my personal involvement and the involvement of my business every day through the fork. Topics covered: * Bitcoin block size debate * Real life game theory experiment * The different interests: users, businesses, miners, core devs * Bitcoin fees are high * Yours had to switch to litecoin. Fees are prohibitively high on bitcoin. * Even if bitcoin is settlement layer, cannot reach most people. Bitcoin cannot grow any more. Takes 30 years to send 7 billion people 1 tx. * segwit vs. hard fork. See our product: https://www.yours.org
Views: 385 Ryan X. Charles
Bitcoin’s Upcoming SegWit2x Hard Fork - All you need to know
You may have noticed the increase in Segwit2x news, opinion, posts, rants, and memes circulating throughout various media sources. You may have seen some of this media and been completely lost, as if you were reading a different language. The entire debate can get pretty technical and you may be wondering if you should be concerned by the increasing number of rants you see on r/Bitcoin regarding the fork. To make Segwit2x clear, I will be breaking down the hardfork and putting it in layman’s terms. Legacy Bitcoin We will call today’s version of Bitcoin “legacy Bitcoin.” Right now, there is a 1 MB limit to the size of blocks. This was done by Satoshi to keep network nodes from coming under attack when Bitcoin was very young. He picked 1 MB as the limit because blocks were 99% empty at the time, and he expected there would be plenty of time to upgrade the system later when needed. As Bitcoin grew more popular, the network had so many transactions to process that the transactions were beginning to pile up and form a queue. Blocks are discovered roughly every ten minutes, but in ten minutes’ time, there were more than 1 MB of transactions, causing some to be delayed until a future, emptier block could be mined. The congestion caused delays in the amount of time it took for a transaction to be verified and applied pressure on the senders in a transaction to increase their transaction (tx) fee. This fee incentivizes miners to include that transaction in the current block. As blocks filled up, the fee needed to be included in a new block rose proportionally. Bitcoin transactions began to get very expensive, if senders paid higher fees, or very slow, if senders chose to pay lesser fees. The Solution: Segwit Bitcoin’s Core developers eventually came up with a solution: Segregated Witness (SegWit). SegWit is included in Bitcoin’s current software. It works by separating the transaction data from the signature data; this packs up to four times as many transactions into a block. More importantly, SegWit fixed a few other bugs within the software and that sets the stage for potential future upgrades to the network like the lightning network. So, what is Segwit2x? Not everybody was happy with just implementing SegWit, and preferred to increase the maximum size of Bitcoin’s blocks as well. This would give the network some more room for growth while lightning network was being deployed. Bitcoin’s Core developers do not want to increase the block size, primarily because that involves a hard fork, which is potentially dangerous. A hard fork happens when computers running new versions of the software are no longer compatible with computers that run the old (legacy) version. If done incorrectly, this can cause really bad things to happen.
Satoshi's Vision at Heart of Bitcoin Cash Hard Fork Drama
The Bitcoin Cash fork that is happening on 15th November has caused a stir in cryptocurrency. In this video I talk about some of the drama surrounding the split of BCH. Referenced in Video: Bitcoin Cash Hard Fork Dilemma: What is The Future of BCH? - http://globalcoinreport.com/bitcoin-cash-hard-fork-dilemma/ War: Bitcoin Cash Startup Launches Mining Pool to Attack Altcoins & BCH Forks - https://www.ccn.com/war-bitcoin-cash-startup-launches-mining-pool-to-attack-altcoins-bch-forks/ Roger Ver's Thoughts on 15th November Bitcoin Cash Upgrade - https://www.youtube.com/watch?v=rFU1o-0oU7A Be sure to leave a comment below and give your opinion on this topic. Also, if you haven't already subscribed, please click the subscribe button so you stay up to date with my latest cryptocurrency videos. Kevin OBVIOUS DISCLAIMER IS OBVIOUS: I am not a financial advisor. My opinions are my own and it is the responsibility of everyone to do their own research for every coin they invest in. SafeCoin ------------- In June 2018 I joined the SafeCoin project https://safecoin.org/ Find out why at https://www.youtube.com/watch?v=Qt6Hu356Kbo Buy Cryptocurrency -------------------------------- Exchange USD, GBP, EUR, and more, to Bitcoin and other popular Cryptocurrencies. CoinBase - https://www.kevinmuldoon.com/go/coinbase Cryptocurrency Wallets -------------------------------------- Protect your cryptocurrency with hardware wallets. Ledger Nano S Amazon USA - https://amzn.to/2HHzxlm Amazon UK - https://amzn.to/2HY8tTj Trezor Amazon USA - https://amzn.to/2raFJMu Amazon UK - https://amzn.to/2FXs9k6 KeepKey Amazon USA - https://amzn.to/2JFWzto Amazon UK - https://amzn.to/2K0Amqs Buy HashPower --------------------------- Don't have a mining rig? Don't worry, you can purchase hashpower from others and use their equipment to mine the coins you want. NiceHash - https://www.kevinmuldoon.com/go/nicehash Mining Rig Rentals - https://www.kevinmuldoon.com/go/miningrigrentals Crypto Exchanges ------------------------------------------------- A Selection of exchanges I have used and trust. SafeTrade - https://safe.trade/ (Beta) Binance - https://www.kevinmuldoon.com/go/binance LiveCoin - https://www.kevinmuldoon.com/go/livecoin HitBTC - https://www.kevinmuldoon.com/go/hitbtc Kukoin - https://www.kevinmuldoon.com/go/kucoin Nanex - https://nanex.co/ --- Connect With Me --- Website: https://www.kevinmuldoon.com Twitter: https://twitter.com/KevinMuldoon Facebook: https://www.facebook.com/kevinmuldoondotcom Google+: https://plus.google.com/+KevinMuldoon/
Views: 1223 Kev's Crypto Channel
Super Bitcoin (SBTC) Fork: Happening Soon!
Super Bitcoin (SBTC) is set to hard fork from Bitcoin (BTC) at block 498,888 which will happen around December 17, 2017. Super bitcoin plans to implement smart contracts, lightening network, zero-knowledge proof, and an 8MB block size, making it super smart Bitcoin. $100 Giveaway: http://www.cryptomoney.life/giveaway/ 💰Earn Daily Interest Loaning Your Bitcoin w/ Bitconnect💰: http://joinbitconnect.life Bitconnect Explained: http://www.cryptomoney.life/bitconnect/ How to get started with Bitconnect: https://www.youtube.com/watch?v=3TPihgGa65c HextraCoin: https://hextracoin.co/register?referrer=CryptoMoneyLife ⚒Cloud Mining Services I Use⚒ 1) Genesis Cloud Mining: https://www.genesis-mining.com/a/881210 - Save 3% use code 💰PBf6Jy💰 2) Hashflare Cloud Mining: https://hashflare.io/r/478CC13F - 10% bonus use code 💰478CC13F💰 💵Buy Bitcoin With Cash/Credit💵 Get $10 Free Visit http://bit.ly/buy-bitcoin-10free 🔌Best Mining Rig PSU's (ASIC or GPU) on Sale at: http://bit.ly/miningpsu Follow on Steemit: http://bit.ly/cryptomoneylife http://www.cryptomoney.life/
Views: 1362 Crypto Money Life
ANOTHER Bitcoin Fork?! What You Need To Know! ⚔
NOTE: Please be wary of REPLAY ATTACKS in case of a Segwit2x hard fork. This means you should probably wait for further information after the fork before you start spending your "Bitcoins". Read more about it here: https://themerkle.com/what-is-a-bitcoin-replay-attack/ Hey everyone, you may have thought all the drama was over when Bitcoin Cash was created... unfortunately not quite. As planned with SegWit2x, the second part of the proposal was to do a 2 megabyte block size increase to the Bitcoin network, 3 months after SegWit was activated. Those 3 months are coming to a close soon, so the 2x hard fork is impending. Problem is, people are unsure if there is even a point to the hard fork, because big block supporters already have their Bitcoin Cash! A lot of confusion and drama surrounding this long standing scalability debate, so please watch this video for more information.
Views: 8683 Bitcoin for Beginners
Bitcoin Hard Fork, Litecoin adding SegWit & More Cryptocurrency Talk with Charlie Lee
Subscribe to our Free Financial Newsletter: http://crushthestreet.com Litecoin was the alternative to bitcoin we personally were excited about years ago and with finally some recent news on this coin we sought out the founder himself, Charlie Lee. Litecoin has the potential to shakeup the space by being first to implement what's called "segwit" which is a quasi increase in the number of transactions the currency can handle before bitcoin has a chance to add this software. Any Cryptocurrency enthusiast or beginner will love this interview with a leader in the field for sure. TOPICS IN THIS INTERVIEW: 02:15 Litecoin: History from Origin to Today 03:50 Litecoin Pushing to Add SegWit = Blocksize Fix 05:00 Does Bitcoin Not having a Founder Hurt it? 06:55 Bitcoin Hard Fork: What would this Mean? 08:50 What happens if bitcoin doesn't increase blocksize 11:05 Are speculators driving bitcoin price up lately? 12:25 Charlie's thoughts of Bitcoin ETF Not Passing 13:30 More on Litecoin History, What, Why & When 17:15 How important is SegWit in Cryptocurrency's future 19:30 Charlie's favorite alt coins: Ethereum, Monero... 21:15 World trends, economics & digital currency 23:45 Where's Bitcoin price going the next few years? 25:25 How high could bitcoin go? Charlie says $50,000 We apologize for the microphone feedback in this interview
Views: 6287 Crush The Street
Bitcoin vs.  Monero! Which one is better?
Monero - Privacy Centric Very good development team Hard fork every 6 months Brock Pierce Blockchain Capital New Dark web Currency Deflationary model Block size, amount of trasnactions instagram.com/millionairemindframe101 WWW.CRYPTOEXPERTSS.COM
Bitcoin ABC Hardfork Explained
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Views: 2429 COINCADO

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