What would be cooler is Steemit or Reddit but for Bitcoin Cash
This idea is ingenious though, but it would just be a forum basically (since can't post images yet apart from external hosts)
Well we can't store images on the blockchain yet until someone comes up with a way to store / retrieve images on it (a new file format with better compression perhaps?)
**You can get 100 BCH for trading in 1 BCH for 100 WHC (since 1 WCH = 1 BCH in the market right now)
The question is, when you burn, how do you view the WHC you have, and how do you send/receive WHC? Is there a wallet for it? My BCH wallet doesn't have WHC option :|
You need to burn 1 BCH to get 100 WHC. But the thing is, you can sell WHC right now for 1 BCH each. So you can get 100 BCH for selling 1 WHC.
@WebOas.is awesome thank you so much
When are you considered out of funds? I am at about 8k satoshis left which is very low (each post costs ~300 satoshis)
What a name @FuckBlockstream
@HillaryClinton "Employment is an all time low" Those statistics are actually wrong, people only count as unemployed only if they are looking for a job
LN is coming out in 18 months
$275 million a DAY. That's probably more money in one day than I'll ever see in my entire life
If you look at Figure 4 from page 7, you'll see a chart that shows there is more space per node for transaction data.
Also on page 6, "When the current topology is used, Graphene reduces traffic to 60% of the cost of Compact Blocks (or to 10% for total traffic, which INCLUDES transaction data)."
I don't think it makes blocks faster at all, it makes blocks more efficient meaning it uses less traffic overhead (which means reduced fees). Show me where it says Faster Blocks
Saying it won't have much of an effect would be better (but I fail to see how it won't change it greatly), even at a minimum amount, there would be some change expected
To say it WON'T reduce fees on BTC's blockchain without any justification is incorrect. "Graphene reduces traffic overhead by reducing block overhead" - from Whitepaper, by 10x less
Which is why big blocks already solve the problem for BCH. But for BTC, they can just as easily implement graphene as well, leading to 10x reduced fees on their blockchain.
BCH uses Graphene and big blocks, while BTC chose to go the lightning route. I'm saying it makes no difference for BCH, as we are already paying 1 sat per byte. BTC however has mSats
Obviously they're different technologies, however the main purpose of their implementation is for reduced fees. There'd be no reason to implement these technologies otherwise
Let's say Graphene is implemented. We are already paying 1 sat per byte, so this means it won't even reduce our fees. Also BTC's Lightning apparently has an mSat amount (0.001 sats)
Aumary is the one who created BCH in the first place and he is the paid saboteur?
