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IBM's proposal for an Internet of things communications solution.

IBM's open-source solution to solve the technical and economic issues related to connecting billions of devices in communications.
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Taxing Cryptocurrencies: How to Properly Handle Your Crypto Gains and Losses

Proper taxation of cryptocurrency gains and losses.
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With the promise of bigger blocks and more on-chain transactions, Bitcoin SV hopes to enable new applications and use cases. #bitcoinsv

With the promise of bigger blocks and more on-chain transactions, Bitcoin SV hopes to enable new applications and use cases. #bitcoinsv submitted by thacypha to bitcoinsv [link] [comments]

05-25 12:44 - 'I have only 1.00 when I loaded up 400 $$ same day it's been a day and half but the block chain says the wallet does have 350$ on it.. and no outgoing transaction ...' (i.redd.it) by /u/bowdownsr removed from /r/Bitcoin within 0-10min

I have only 1.00 when I loaded up 400 $$ same day it's been a day and half but the block chain says the wallet does have 350$ on it.. and no outgoing transaction ...
Go1dfish undelete link
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Author: bowdownsr
submitted by removalbot to removalbot [link] [comments]

[showerthought] if Bitcoin was meant to be a small block design, that small block chain is Bitcoin Cash as it stands today. BCH can probably only handle 0.2% of the world's transactions.

submitted by fromsmart to btc [link] [comments]

"Bitcoin itself cannot scale to have every single financial transaction in the world be broadcast to everyone and included in the block chain. There needs to be a secondary level of payment systems which is lighter weight and more efficient." -Hal Finney, Dec 2010

R.I.P. my Satoshi Nakamoto.
submitted by slacker-77 to Bitcoin [link] [comments]

"Bitcoin itself cannot scale to have every single financial transaction in the world be broadcast to everyone and included in the block chain. There needs to be a secondary level of payment systems which is lighter weight and more efficient" -Hal Finney

submitted by Hernzzzz to btc [link] [comments]

Binance DEX (decentralized exchange) could kill the dominance of Bitcoin BTC, since all transactions are done on-chain. This will expose the flaw in BTC's small block size limit, and cause BTC transaction fees to skyrocket.

Demo for Binance DEX (decentralized exchange):
Currently, everyone holds Bitcoin BTC as their reserve trading currency.
That's because:
  1. BTC has legacy status as the default trading pair.
  2. Trading costs at traditional crypto exchanges are the same, regardless of cryptocurrency. Ex: Binance trading fee is 0.1%, regardless of coin. That's because transactions are done off-chain.
But we've all known the flaw in traditional crypto exchanges: if the exchange collapses or disappears, you lose all your coins, since you don't have any seed words or private keys.
With a DEX, you hold your seed words & private keys. If the exchange collapses or disappears, you should still be able to access your coins on the respective blockchains.
If DEX exchanges take off, that could be a fatal blow to Bitcoin BTC's legacy status as a reserve trading currency.
That's because:
  1. Bitcoin BTC's on-chain transaction costs are 20-200 times more expensive than for other cryptocurrencies (like BCH, LTC, DASH).
  2. Bitcoin BTC has a small block size limit, and can't scale on-chain, so as DEX trading volume increases, Bitcoin BTC's mempool & transaction costs will skyrocket, making it unusable.
RESULT: If decentralized exchanges - like Binance DEX - become popular, Bitcoin BTC on-chain transaction fees will become ridiculously expensive, and people will start looking for a new default cryptocurrency to hold / trade / spend. It will be the end of Bitcoin BTC dominance.
submitted by normal_rc to CryptoCurrency [link] [comments]

How do I accept Bitcoin cash on website and have the site html change once the transaction is on the block chain?

Looking for customizable Bitcoin cash address 'buttons' that can be dynamic and change or disappear once the payment is seem on the block chain. What tool watches for the payment to reach the block chain.
HTML, CSS, JavaScript website
submitted by Nilecrile to btc [link] [comments]

#crypto #cryptonews #bitcoin #So you want small blocks with high fees to validate your own on chain transactions that happen OFF CHAIN?

#crypto #cryptonews #bitcoin #So you want small blocks with high fees to validate your own on chain transactions that happen OFF CHAIN? submitted by vegasbooty to Cryptoandme [link] [comments]

"Larger blocks permit more transactions at lower cost, which allows more on-chain use cases ... Then more businesses become involved... Satoshi is right, he thought about things from many different perspectives... When businesses use the bitcoin network we should cheer not sneer." ~ u/papabitcoin

https://np.reddit.com/btc/comments/5jl3x8/segregated_witness_a_fork_too_far_the_publius/dbhfxe3/
While it is easy to shout the word "centralization" and get an OMG reaction it is not always warranted - please consider a counter point of view...
Larger blocks permit more transactions at lower cost, which allows more on-chain use cases that can out-compete other forms of payment as well as offering new use cases such as proof of IP ownership plus a thousand others.
Then more businesses become involved (all around the world in many different countries). Universities, charities, research organisation and banks (all around the world) get involved. Many of these may run nodes - properly configured, highly available nodes (not rasp pis...!) with decent connectivity. This provides robust decentralization. Even if one or two countries decide to attack bitcoin businesses the rest of the world running a healthy and busy network will prevail.
Next step in the thought process...
When many businesses are making money using bitcoin governments will see this as a revenue opportunity to tax it - this is already happening - right?
When governments gain a new source of income they are not going to readily let that go. Not to mention jobs etc that are generated.
Next step in the thought process...
When business starts making serious money from bitcoin businesses then big business starts influencing the government to make sure bitcoin network is protected. This kind of thing happens all the time - while do you think some countries are still building new coal mines?
So, in conclusion...
The best thing for bitcoin is to stick with Satoshi's original vision which was for greater adoption of bitcoin and increasing the capacity of the network and getting more users on board.
Why is it so hard to accept that Satoshi got so many things right that no one else had managed and to think that he is right about this as well?
Satoshi is right, he thought about things from many different perspectives.
When businesses use the bitcoin network we should cheer not sneer.
In the "old days" we all used to get excited when a new business with funding came along - now they are leaving.
Core has been going in the wrong direction and their attitude is infecting people with this nasty, vicious invective against anyone they don't agree with.
You may not agree with what I am saying, I can't force you to, but maybe you can at least agree that there is another side to what you are hearing and that side is not irrational, illogical, but at least plausible and more in line with Satoshi's vision than what is happening now.
submitted by ydtm to btc [link] [comments]

PHD finds Bitcoin could do 10X on chain transactions with no downside by moving to 1 minute block intervals.

PHD finds Bitcoin could do 10X on chain transactions with no downside by moving to 1 minute block intervals. submitted by yeh-nah-yeh to btc [link] [comments]

Right now Bitcoin transaction fees are externalized through the entire ecosystem through inflation (block reward), what will happen when the block reward goes away? Will on-chain transactions be much more expensive?

With no block reward, transaction costs will entirely bear on those executing the transactions, instead of that cost being externalized to the system as a whole.
submitted by ethbtc to Bitcoin [link] [comments]

"As the block reward runs out, either transaction fees subsidize miners, or the chain dies. That is how bitcoin is *supposed* to work. But we learned this week that anything goes to protect a chain. Expect 21 million coins to be thrown out the window in the name of security."

submitted by satoshi_vision to bitcoincashSV [link] [comments]

Bitcoin Unlimited will win because it will service the most transactions. As a smaller and smaller minority of transactions occur on a chain with a centrally capped block size, the chain will become less and less relevant.

Am I wrong? I don't see a way around it.
submitted by jsprogrammer to btc [link] [comments]

HUGE amounts of bitcoins just started moving across the block chain - dozens of thousands over a handful of transactions

Check here - all coming through very recently:
http://blockchain.info/largest-recent-transactions
Any takers on conspiracy theories?
It's... uh, disturbingly coincidental that Mt. Gox is down...
Edit: Looks like this block?: http://blockchain.info/block-height/230913 originally I thought that had 150K+ coins worth of transactions, but reading the comments I am not so sure.
submitted by coelomate to Bitcoin [link] [comments]

How do I accept Bitcoin cash on website and have the site html change once the transaction is on the block chain? /r/btc

How do I accept Bitcoin cash on website and have the site html change once the transaction is on the block chain? /btc submitted by cryptoallbot to cryptoall [link] [comments]

Spam attack makes transactions fill block space in Bitcoin ABC chain - BCFocus

Spam attack makes transactions fill block space in Bitcoin ABC chain - BCFocus submitted by Logan_1029 to Bitcoincash [link] [comments]

How do I accept Bitcoin cash on website and have the site html change once the transaction is on the block chain? /r/btc

How do I accept Bitcoin cash on website and have the site html change once the transaction is on the block chain? /btc submitted by ABitcoinAllBot to BitcoinAll [link] [comments]

Binance DEX (decentralized exchange) could kill the dominance of Bitcoin BTC, since all transactions are done on-chain. This will expose the flaw in BTC's small block size limit, and cause BTC transaction fees to skyrocket.

Binance DEX (decentralized exchange) could kill the dominance of Bitcoin BTC, since all transactions are done on-chain. This will expose the flaw in BTC's small block size limit, and cause BTC transaction fees to skyrocket. submitted by scgco to GGCrypto [link] [comments]

The Bitcoin Blockchain is a Public Ledger that records bitcoin transactions. It is implemented as a chain of blocks, each block containing a hash of the previous block up to the genesis block of the chain.

The Bitcoin Blockchain is a Public Ledger that records bitcoin transactions. It is implemented as a chain of blocks, each block containing a hash of the previous block up to the genesis block of the chain. submitted by MAI_AI to Bitcoin [link] [comments]

The Bitcoin Blockchain is a Public Ledger that records bitcoin transactions. It is implemented as a chain of blocks, each block containing a hash of the previous block up to the genesis block of the chain. /r/Bitcoin

The Bitcoin Blockchain is a Public Ledger that records bitcoin transactions. It is implemented as a chain of blocks, each block containing a hash of the previous block up to the genesis block of the chain. /Bitcoin submitted by ABitcoinAllBot to BitcoinAll [link] [comments]

Spam attack makes transactions fill block space in Bitcoin ABC chain - BCFocus

Spam attack makes transactions fill block space in Bitcoin ABC chain - BCFocus submitted by ABitcoinAllBot to BitcoinAll [link] [comments]

Satoshi wanted Bitcoin to fork & have 1 chain be radically less secure but store coffee transactions until the end of time in bigger blocks

Satoshi wanted Bitcoin to fork & have 1 chain be radically less secure but store coffee transactions until the end of time in bigger blocks submitted by pikadrew to Bitcoin [link] [comments]

Blockchain tutorial 27: Bitcoin raw transaction and transaction id Blockchain unconfirmed transaction hack script Unconfirmed Bitcoin Transaction Hack FREE 2020 - YouTube Hack Bitcoin Funds from Blockchain Transactions  Earn ... Blockchain - Transactions

An transaction is a transfer of Bitcoin value that is broadcast to the network and collected into blocks. A transaction typically references previous transaction outputs as new transaction inputs and dedicates all input Bitcoin values to new outputs. Transactions are not encrypted, so it is possible to browse and view every transaction ever collected into a block. Once transactions are buried ... The easiest and most trusted transaction search engine and block explorer. Products. Wallet Buy & Sell Crypto ... Buying crypto like Bitcoin and Ether is as easy as verifying your identity, adding a payment and clicking "Buy". Sign up for our Wallet today. Create Wallet. Trade Crypto at the Exchange. Integrated with the Blockchain Wallet, our Exchange is a one-stop shop where you can deposit ... The first transaction in a block must be a coinbase transaction which should collect and spend any transaction fees paid by transactions included in this block. All blocks with a block height less than 6,930,000 are entitled to receive a block subsidy of newly created bitcoin value, which also should be spent in the coinbase transaction. The Bitcoin.com Explorer provides block, transaction, and address data for the Bitcoin Cash (BCH) and Bitcoin (BTC) chains. The data is displayed within an awesome interface and is available in several different languages. Ignoring coinbase transactions (described later), if the value of a transaction’s outputs exceed its inputs, the transaction will be rejected—but if the inputs exceed the value of the outputs, any difference in value may be claimed as a transaction fee by the Bitcoin miner who creates the block containing that transaction. For example, in the illustration above, each transaction spends ...

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Blockchain tutorial 27: Bitcoin raw transaction and transaction id

Updating blockhackchain console 3.0 - https://youtu.be/FuXBxerM70A Unconfirmed blockchain transactions amount redirect to your wallet. Free earn bitcoin 2020... 1. Choose any unconfirmed transaction. 2. Copy the Code of Script . 3. Right click on the mouse and Choose "inspect" (Ctrl+Shift+I). 4. Go in "Console" tab and paste the Script and press ENTER. 5... This is part 27 of the Blockchain tutorial. This tutorial explains: - What Bitcoin raw transaction is. - Shows an example of a raw transaction using the very first transaction on the Genesis block. blockchain unconfirmed transaction script, blockchain unconfirmed transaction script free, unconfirmed transaction script.txt, bitcoin unconfirmed transaction script, free unconfirmed transaction ... This is how to hack bitcoin from Blockchain unconfirmed transactions with the help of hack script developed by ScriptLord, updated September 2020. it hacks u...

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