Bitcoin Cash - Payout System - Faucet Coins

Bitcoin Classic

Bitcoin Classic
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Simple Ledger Protocol

A simple token system powered by Bitcoin Cash
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Bitcoin

Discussion about Bitcoin. BitcoinSV restores the original Bitcoin protocol, will keep it stable, and allow it to massively scale on-chain. BSV will maintain the vision laid out by Satoshi Nakamoto in the 2008 white paper - Bitcoin: A Peer-to-Peer Electronic Cash System.
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Proof that Lightning Network destroys all benefits of Bitcoin (CASH) system

Proof that Lightning Network destroys all benefits of Bitcoin (CASH) system submitted by ABitcoinAllBot to BitcoinAll [link] [comments]

PurseIO Announcement: We bought into the idea of bitcoin as sound money underpinned by “A Peer-to-Peer Electronic Cash System.”

PurseIO Announcement: We bought into the idea of bitcoin as sound money underpinned by “A Peer-to-Peer Electronic Cash System.” submitted by unstoppable-cash to btc [link] [comments]

PYRK Tokens and future plans for their development

PYRK Tokens and future plans for their development
Hello. 👋🏻 In this post, we will tell you about PYRK Tokens and future plans for their development.
💡 Crypto coins halving is an event when the reward for mining new blocks is halved. When this happens, miners begin to receive 50% less for transaction processing. Usually, halving occurs approximately once every 200,000 blocks, for Bitcoin it is approximately every four years. It is planned to carry out halving until the maximum volume is reached.
❗️ The PYRK system uses quite a different approach to limiting mining inflation. So-called halving will occur every 200,000 units, and supply will be reduced by 20%.
❗️ Other cryptocurrencies usually implement a 50% halving. We, however, decided to reduce it to 20% to reduce the initial shock impact of a halving event.
✅ Total supply of PYRK coins becomes logarithmic due to the halving nature. And, thus, a maximum total supply will be approximately 100 Million Pyrk. According to our calculations, approximately 50% of the maximum supply will be mined in the first 3 years.
✅ The PYRK team also plans an improvement - Simple Tokens. The idea is something similar to the SLP (Simple Ledger Protocol) used by Bitcoin Cash and ERC Tokens used by Ethererum. Our protocol is easier to create and use than both.
✅ One of the issues with using the Bitcoin Cash system is that the functionality of Tokens are not built into the core client, therefore to use or integrate tokens requires additional programming libraries. Second, while the BCH chain is strong, is it also slow, with a block average of 10 minutes. This is fine for large transactions, but if you want to send transactions quickly this becomes an issue. The Pyrk blockchain has an average block time of 90 seconds. Last, the transaction fees on the BCH network will be higher in USD value than a similar transaction on the Pyrk blockchain.
✅ Ethereum ERC-20 tokens are also a popular choice, however these tokens require programming a contract using the Solidity language of Ethereum. If you don’t program your contract correctly, you could end up having big problems later on. Pyrk has taken out all the guess work in creating tokens and offers two of the most popular token types. Fungible tokens, which are tokens that are replaceable with each other and have equal value. These are the same as ERC-20. The other type is Non-Fungible tokens, in which each token is unique. Each of these token types has their own use case depending on the users needs.
✅ The Pyrk token system will be built into the core RPC functionality of the Pyrk software client. Anybody who has the Pyrk wallet can create, send, and receive tokens in seconds. This makes integration with exchanges easier as well.
Read more about PYRK Token ar https://www.pyrk.org/Pyrk-Whitepaper.pdf
And check our website for more information: https://www.pyrk.org
https://preview.redd.it/vxvj2qphqq151.png?width=1200&format=png&auto=webp&s=e000f611b48fb522c38abed2be8c7f25301819be
submitted by VS_community to pyrk [link] [comments]

"Bitcoin Maximilists don’t understand, or care that Africa needs a censorship resistant electronic cash system. They just want to see gains and live in their ivory towers. I live in Africa, we need Bitcoin to do what it was intended to do."

submitted by ojjordan78 to btc [link] [comments]

The referral system of local.bitcoin.com (earn bitcoin cash for free)

The referral system of local.bitcoin.com (earn bitcoin cash for free) submitted by CryptographerFine810 to btc [link] [comments]

Avalanche As A More Legitimate Peer-To-Peer Electronic Cash System Than Bitcoin Cash

submitted by Jstodd_ to Avalanche_ [link] [comments]

Diving Into Simple Ledger Protocol (SLP) - Bitcoin Cashs Strange Token System

Diving Into Simple Ledger Protocol (SLP) - Bitcoin Cashs Strange Token System submitted by Logical-Albatross to btc [link] [comments]

Vintage Bitcoin: A peer to peer electronic cash system Poster

Vintage Bitcoin: A peer to peer electronic cash system Poster submitted by NeedFUD to Bitcoin [link] [comments]

Does Bitcoin work like a Peer-to-Peer Electronic Cash System?

Does Bitcoin work like a Peer-to-Peer Electronic Cash System? submitted by 500239 to btc [link] [comments]

"Wow! Someone just donated 500 BCH to Bitcoin Unlimited. On behalf of BU, thank you for your amazing generosity!! These funds will be used to continue our work demonstrating that bitcoin can scale "on chain" to a global p2p e-cash system."

submitted by Peter__R to btc [link] [comments]

Developer Reveals Layer-Two Private Messaging and Payment System on Bitcoin Cash

Developer Reveals Layer-Two Private Messaging and Payment System on Bitcoin Cash submitted by JonyRotten to btc [link] [comments]

Referral system of local.bitcoin.com ( earn bitcoin cash for free)

Referral system of local.bitcoin.com ( earn bitcoin cash for free) submitted by CryptographerFine810 to Bitcoincash [link] [comments]

T.K. Coleman: Bitcoin isn’t just a cash system that happens to be electronic - CoinGeek

T.K. Coleman: Bitcoin isn’t just a cash system that happens to be electronic - CoinGeek submitted by Deadbeat1000 to bitcoincashSV [link] [comments]

r/FCH Frequently Asked Questions (FAQ)

What is FCH ?
fch was created to foster and support free and open FreeCash discussion, FreeCash news, and exclusive AMA (Ask Me Anything) interviews from FreeCash early participants and developers! FreeCash is a free-evolved electronic currency system. A distributed, worldwide, decentralized cryptocurrency. It is the upgrade of Bitcoin and Bitcoin Cash system with new features and lower cost to take experiment on.

What is FreeCash (FCH)
FreeCash (FCH) is an improvement of Nakamoto’s original Bitcoin framework. It summarizes the experience of bitcoin development in the past 11 years and upgrades the underlying framework of BTC and BCH due to the existing problems of both. FreeCash is implemented with Governance Funds to intensive the contribution to the ecosystem by rewarding developers, it also support harmony forking to keep reproductive and prosperity.
For more information about FreeCash, please visit https://www.reddit.com/FCH/comments/fr3cbz/freecash_is_an_upgrade_of_satoshi_nakamotos/

What is the Governance Funds? How does it work?
The Governance Funds is an inner intensive funds generated from coinbase to encourage the developers and contributors, it is a part of the Proof of Work consensus. Instead of giving all the block rewarding to the miners FCH takes a certain amount to the Governance Funds.
The Governance Funds is distributed every 144000 blocks (approximately 4 months) by the assessment of the contribution. There would be Assessment committees consisted with the contributors with the most contributions in the last term to evaluate the weight.
To see how to submit your contribution, please visit: https://www.reddit.com/FCH/comments/fr3z44/governance_funds_the_first_contribution_assessment/

How does it support forking?
Ecology encourages fork competition. Under the premise of reorganization protection, independent naming, and protection of property rights, official websites, browsers, wallets, and exchange will provide support for the fork in advance. The 100-day maturity period of the governance fund will ensure that the interests of the governance team and the competing team are compatible. Forking is no longer a war but a source of reproduction and prosperity.

What is CID? How does it work?
CID is the short term of Crypto Identity. It is the underling frame of the application layer built on FreeCash, with CID it would be very convenient to access to the different applications, which is like a common user name. The best example is like you can login Spotify with Facebook account, compared to this the Crypto Identity would be even easier. Since it is like a master key to every door of different applications. Not only in DAPP based on FreeCash, it is also connectable with traditional apps like WeChat, Snapchat... It is also necessary to register CID to participate in the Governance Distribution.
A person could have multiple addresses as well as CIDs, each CID could have multiple tags like "Developer", Translator" ... which is like your roles in the crypto world.
To see how to register CID, please visit: https://www.reddit.com/FCH/comments/fr83o4/how_to_register_cid/
submitted by SongyanXXX to FCH [link] [comments]

ABC 0.21 changes the BCH protocol to issue 5% of every new coin and 5% of all transaction fees to Amaury Sechet and his friends. Do not run this software if you care about the future of bitcoin: a peer-to-peer electronic cash system.

ABC 0.21 changes the BCH protocol to issue 5% of every new coin and 5% of all transaction fees to Amaury Sechet and his friends. Do not run this software if you care about the future of bitcoin: a peer-to-peer electronic cash system. submitted by WildFireca to btc [link] [comments]

08-31 07:58 - 'Not until it gets its huge power consumption and network capacity problems under control. / Value store? Maybe. Cash system? No.' by /u/mort96 removed from /r/Bitcoin within 561-571min

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Not until it gets its huge power consumption and network capacity problems under control.
Value store? Maybe. Cash system? No.
'''
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Go1dfish undelete link
unreddit undelete link
Author: mort96
submitted by removalbot to removalbot [link] [comments]

T.K. Coleman: Bitcoin isn’t just a cash system that happens to be electronic

T.K. Coleman: Bitcoin isn’t just a cash system that happens to be electronic submitted by thacypha to bitcoinsv [link] [comments]

TK Coleman: Bitcoin isnt just a cash system that happens to be electronic (current BTC/USD price is $11,814.72)

Latest Bitcoin News:
TK Coleman: Bitcoin isnt just a cash system that happens to be electronic
Other Related Bitcoin Topics:
Bitcoin Price | Bitcoin Mining | Blockchain
The latest Bitcoin news has been sourced from the CoinSalad.com Bitcoin Price and News Events page. CoinSalad is a web service that provides real-time Bitcoin market info, charts, data and tools.
submitted by coinsaladcom to CoinSalad [link] [comments]

Vintage Bitcoin: A peer to peer electronic cash system Poster (x-post from /r/Bitcoin)

Vintage Bitcoin: A peer to peer electronic cash system Poster (x-post from /Bitcoin) submitted by ASICmachine to CryptoCurrencyClassic [link] [comments]

Diving Into Simple Ledger Protocol (SLP) - Bitcoin Cashs Strange Token System

Diving Into Simple Ledger Protocol (SLP) - Bitcoin Cashs Strange Token System submitted by Logical-Albatross to Bitcoincash [link] [comments]

[ btc ] Developer Reveals Layer-Two Private Messaging and Payment System on Bitcoin Cash

Topic originally posted in btc by JonyRotten [link]
JonyRotten your post has been copied because one or more comments have been removed by a moderator. This copy will preserve unmoderated topic. If you would like to opt-out, please PM me.
submitted by anticensor_bot to u/anticensor_bot [link] [comments]

Reminder:The main characteristic that made bitcoin (btc) blows up in the first place is being used as permissionless payment system. This is what created global demand for it...to USE it as global P2P cash to pay for stuff & services. Bitcoin has always meant to be a medium of exchange.

Reminder:The main characteristic that made bitcoin (btc) blows up in the first place is being used as permissionless payment system. This is what created global demand for it...to USE it as global P2P cash to pay for stuff & services. Bitcoin has always meant to be a medium of exchange. submitted by ojjordan78 to btc [link] [comments]

Bitcoin: A Peer-to-Peer Electronic Cash System [Whitepaper Reading] What is Bitcoin? Bitcoin Explained Simply for Dummies ... What is Bitcoin Cash? A Peer to Peer Electronic Cash System Bitcoin Cash is Bitcoin  How A P2P Cash System was Hijacked Bitcoin Cash Explained ( BTC vs BCH ) - YouTube

Bitcoin: A Peer-to-Peer Electronic Cash System Satoshi Nakamoto [email protected] www.bitcoin.org Abstract. A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution. Digital signatures provide part of the solution, but the main The Bitcoin.com Wallet allows you to safely store and spend your Bitcoin and Bitcoin Cash, along with other crypto assets. Already have a wallet? Buy Bitcoin instantly. Buy both Bitcoin Cash (BCH) and Bitcoin (BTC) now using a credit or debit card. I want to buy. Bitcoin. BTC. I want to spend. ... Bitcoin Cash is a hard fork of the Bitcoin network. Tired of the scalability issues and SegWit implementation, a part of the BTC’s community decided to fork out in another direction creating another chain in the blocks and a new altcoin – BCH. It is a peer-to-peer electronic cash system with an increased block size of 32MB and a block time ... Bitcoin Cash brings sound money to the world. Merchants and users are empowered with low fees and reliable confirmations. The future shines brightly with unrestricted growth, global adoption, permissionless innovation, and decentralized development. Bitcoin is a decentralized peer-to-peer electronic cash system that does not rely on any central authority like a government or financial institution. All transactions are recorded on a global public ledger called the blockchain.

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Bitcoin: A Peer-to-Peer Electronic Cash System [Whitepaper Reading]

Lets talk about Bitcoin and what I THINK caused the recent jump in price - enjoy! Add me on Instagram: GPStephan The YouTube Creator Academy: Learn EXACTLY h... Have you ever read Satoshi Nakamoto's whitepaper for Bitcoin? Or has it been awhile? Amanda presents the paper here as a reading, including a running visual of its text and graphics. Check out our ... On August 1st 2017, Bitcoin forked, creating Two New Blockchains: Bitcoin Core, and Bitcoin Cash. Only one has maintained the original vision laid out in Satoshi Nakamoto's white paper, as a peer ... As worsening government regulation strangles the growth of Bitcoin and cryptocurrencies around the world, the need for trading platforms beyond their reach h... Start trading Bitcoin and cryptocurrency here: http://bit.ly/2Vptr2X Bitcoin is the first decentralized digital currency. All Bitcoin transactions are docume...

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