One of the biggest threats of Lightning Network is that, with a huge network of open channels, forking will become very difficult. It makes BTC subject to capture by adversaries.
Contrary to common belief, most money in the world is not produced by central banks but is instead created by commercial lenders when they lend beyond the deposits they hold for savers.
Not trying to be a downer, but since this is an immutable chain, shouldn’t we stick to links that aren’t subject to change or eventual 404 by bch.gg going out of business?
I run a company that specialises in integration of BCH payments into businesses. Owner-operators are our target market. Easiest to onboard and can take on volatility and cashflow issue
I see there are a lot of companies accepting BCH in your area. Does merchant availability spill over to use by customers? Do your clients give you feedback in this regard?
How does one start playing around with op_codes and try to build with them? Do you need to run a node? It's surprisingly difficult to find an answer on Google.
I mean it's crazy though right? Cheques and stinky hard cash are still much much better for frequent small to medium B2B transactions than any electronic means.
It is. But the only reason is that electronic cash is still complicated to use. The moment it will be as simple as swiping a credit card, and we will get there, it will be widely used.
We at Shiny Leaf are willing to provide assistance to merchants who don't know how to accept BCH. We will gladly help growing this amazing eco system and helping the revolution happen!
A killer app for BCH is microloans. I could lend on BTC until fees got expensive. Why aren't we doing this on Bitcoin Cash? I've invested in P2P loans since 2012. I'm happy to collaborate on this idea with a team.
BCH microloans will accelerate growth. Instead of users buying BCH with their own money, they are given the opportunity to borrow with a good credit score and repay the note.
As painful as it was to see Bitcoin fork on August 1st 2017. Looking back, its proof that the very fabric of Bitcoin's creation and its decentralised nature allowed it to morph back into itself - BCH chain is BITCOIN
The painful part was waiting two long years for the fork to finally happen.
Idea: Likes consolidation. Select posts to like at once then send transaction. 6 or 7 likes per transaction possible now ( 0x6d** txhashes( txhash, txhash, txhash) )