tula_s

@bitrequest Why not both? :)

Is the division in the crypto space socially engineered? Or are we just idiots?

@EdgeWallet Cash fusion support would be better

If you hold BCH and want stronger privacy, you can now swap BCH to BCHx directly in-app. No external tools. No complicated bridge. Just self-custody privacy in a few taps. BCH is cash. Cash should be private. edge.app/blog/company-n…

@JM_speakss I would say read @HijackingBTC . Bitcoin revolution was delayed for 15 years. Now it's gaining momentum again.

My 35 year old best friend told me something wild today. He said, if you put $1k each into Tesla, NVIDIA, the Qs, and Ethereum 5 years ago…you’d roughly be at $1720 for bitcoin, $1790 for Tesla, $9750 for NVIDIA, $2000 for the Qs, and $702 for ethereum. And then he says… “see, what’s the point of holding bitcoin? It’s not even a currency? It failed at being a cheap medium of exchange, was never a unit of account like you said it would be, and now it can’t even store its value.” I never thought I’d have to ever debate this with anyone. But I stop to think that there may be some truth in his analysis and he’s asking the same questions millions of people quietly have right now. What would you say to him if you were me?

@TheBCHPodcast Can't do everything ourselves. We need our own tier lists to incentivise cooperation. See scorecard.cash

I always say it. We have to build *literally everything* ourselves. There is a *100% (!!) chance* that anything not BCH aligned will eventually be hijacked, disinterested, cowardly, co-opted or otherwise fail. 300 Spartans. Build with BCHers, because nobody else really matters.

@blockblanc No great options, that's why i ask. Afaik @bitrequest is the only one worth considering now. I feel hopeful for @mocadotapp

@txariv I was actually 1st inviting them to join Crypto101 - what POS do you recommend?

Gosh was just out on the streets, going door to door, in an effort to on-board IRL merchants to accept p2p electronic cash. Talk about swimming against the tide. Reminded me of all the BCH grassroots efforts, or me in 2018 🥲

@satfillbch The smart people are now in Bitcoin cash. Amazing community.

When I first heard of Bitcoin over 10 years ago the people in the Reddit threads were often pretty smart and there were many logical comments. Now they are basically all regarded. Alpha lesson in that.

@TheBCHPodcast I wish people would build in the open. Would help in spending our limited resources more efficiently.

There is so much going on in BCH these days. Network effect of people building projects & collaborations (including quietly) is insane compared to even 1 year ago.

@masatoalexander @session_cruz any cardano expert here knows how these mentioned technical shortcomings relate to bitcoin/BCH ?

i believe in markets and empirically it hasn't developed any novel or interesting dApps that deliver some sort of value to end users not present in other ecosystems, so it is dogshit by extension found Seba's rationale for downvoting Pebble to be a decent summary of the failure that is cardano's smart contract model:

the most valuable part of cardano really was/is the people. the tech is dogshit and going nowhere, fast. see that many of you publicly sharing your lost time (~5 years of career growth). my suggestion would be to try to connect with other people who are also in your situation who are worth a damn and try to build something together outside of cardano. you probably know who the people you'd like to work with are.

@satfillbch @Brunopbch @bitgreecom @jogs_one not as many as we would like, there are still a few puzzle pieces missing. gonna take a few more years. btw. you have(had?) a pretty cool app.

@Brunopbch @bitgreecom @jogs_one I would be interested to see how many real txns per day are actually occurring on all of this combined.

I've been in crypto for over 10 years and never once used it for any real purpose other than to gamble on it. That's the reality even though people pretend otherwise to pump their bags.

@Lightswarm @WalletV_io @CauldronSwap Daily USD Volume Hyperliquid: $9.9 Billion Aster: $2.1 Billion Cauldron.quest: $0.02 Million

Anyone wanna see $BCH and Cashtoken integration with this AI Agent trading wallet by @WalletV_io? Imagine these guys integrating with @CauldronSwap for their trading AI agents walletv.io

@rich_back_home nice. What do you think about this - should it be integrated into pool software or be standalone ? bitcoincashresearch.org/t/a-cataloge-o…

BCH的生态还是需要做很多事情的，苦于没有自托管的BCH矿池，所以自己用python写了一个，简单的proxy，从BCH全节点获取区块模板，并将job以stratum的协议分发给ASIC矿机（Nerdaxe、Bitaxe、Avalon nano3），你可以在github上直接搜索bitcoincash-stratum-proxy，可以download后进行solo挖矿。

@MarcDeMesel @bch_sun @Justin_Bons After that, remains to be seen .. privacy, quantum, governance, marketing ...

@MarcDeMesel @bch_sun @Justin_Bons Yeah we were not focusing on governance since the xec split at all. There was no need, the improvements we already had were good enough, everything went smoothly. Almost all the focus went to programmability. The next priorities are stablecoins and speed.

I agree with @Justin_Bons that #Bitcoin as well as #Ethereum have slowed down their progress because core dev team or leadership took wrong decisions that were not in the interests of coinholders. Both did not scale in a timely manner, causing transaction fees to go up too much and competitors to take a piece of their market. I also agree that if these key decisions were left to the coinholders with a vote based on 1 token/1 vote, another decisions would have been made as it was in their direct self interest to scale the blockchain on time, and would have likely caused the amount of usecases, users and value of both $BTC and $ETH to be considerably higher today. However, I notice that to this day almost no cryptocurrency project has implemented this simple concept, that has proven it's worth in the world of private companies where it's now a foundation for every company's governance structure: 1 share/1 vote. So my question to the leadership of my favorite smaller projects who could make a difference implementing this: what do you think of the idea? Is it possible to integrate? If you don't like the idea, why not? Bitcoin Cash ($BCH): @bitcoincashorg, @BitcoinCashOG, @BitcoinCashA, @rogerkver, @HijackingBTC Zano ($ZANO): @zano_project, @Mr_Kwibs Pirate Chain ($ARRR): @PirateChain, @PirateCommunity, Firo ($FIRO): @firoorg, @DamiDefi Please tag below anyone else that could help get this idea realized in above projects, or share this post with them directly

@bch_sun @MarcDeMesel @Justin_Bons Check this including FAQ. There is no change in protocol being proposed. @tula_s/briefly-on-governance-ff06770f" target="_blank" rel="nofollow noopener">read.cash/@tula_s/briefl…

Satoshi didn't design a formal voting system.What he designed was closer to an exit right than a voting right. If you disagree, that's fine. Run your own software and see how many people choose to follow your version. In that sense, what happened between BTC and BCH in 2017 was itself a form of governance. There was no vote. No election. No central authority making the final decision. One side believed larger blocks were the right path. The other believed smaller blocks were the right path. So each side ran its own version of the protocol and let the market decide.

@TheBCHPodcast @MarcDeMesel @Justin_Bons Please read this including the FAQ @tula_s/briefly-on-governance-ff06770f" target="_blank" rel="nofollow noopener">read.cash/@tula_s/briefl…

Most ideas not implemented in practice are just bad ideas. A few are undiscovered insights which become successful innovations, but most aren't used because they simply don't work. This includes direct coinholder voting. The reason is because the world is not numerical. Allow me to explain. All kinds of things in the world can be bought & sold, but many cannot. For instance - loyalty. If you can buy loyalty, it's not loyalty - it's mercenary support. If you can buy love, it's not love - it's prostitution. For our discussion here, the relevant good is contribution. You can hire someone for a job, but you cannot buy their wholehearted passion & dedication. That has to be spontaneous & non-numerical. Consider myself as an example. I have some BCH, but I'm no whale. If I were to dump all my BCH & leave the project today - what is the greater loss to the community? My coins, or my contribution? The coins would make no more than a momentary blip on the markets. But the loss of contribution would ripple throughout the ecosystem. The combined output drop of The BCH Podcast, @bchbliss, @bchblaze, @SeleneWallet & @TheBCHBullet all shutting down or reorganising without me would be titanic. Likewise, the secondary impact (e.g loss of morale) on other devoted BCH contributors I work with, and the tertiary impact on listeners to the show (also loss of morale or connection), and the quaternary impact on outside observers (loss of confidence) noticing my departure from BCH would be very significant. As things are, my influence in BCH governance (via the CHIP process) reflects my contribution more than my coins (which is appropriate and pragmatic). If changed to coinholder voting, my influence would drop dramatically, and likely also my interest in contributing. Why dedicate myself to a system which rewards only my numerically accountable net worth & not my intangible passion or output? The truth is, dedication & coins are not distributed equally across the community. Many whales hold fat stacks of coins they never even check in on. And many dedicated contributors are barely solvent. If the whales could show up once a year for ten minutes to sign a coin vote crushing the preferred direction of the less-wealthy daily contributors, the essential core of daily community would quit the project in droves and the project would collapse from the inside out. Let's consider another case. No community of humans - no country, company, organisation, tribe, family (or cryptocurrency) - allocates influence directly proportional to net worth. I'm not aware of a single country which votes proportional to net worth (or tax contribution), now or in the entirety of history. At most, very rough approximations are made (like only landholders vote). The leader of a country is rarely to never its richest member. Are the most successful countries the ones where a plutocracy of the rich has effective control? Generally, no. And they certainly don't have an explicit net worth based voting system enforcing it anyway, as that would create a populace revolution. Likewise in a family, if allocated by net worth the successful husband should be a justified and selfish tyrant. But in reality, he will weight his wife and children's feedback & needs far higher than their net worth indicates. This accounts for their non-numerical contributions (whether that be child-bearing, legacy importance, ability to cause emotional drama, future potential etc.) to the group as a whole. Even in the case of a company, that you used as an example, shareholder voting is NOT the main decision mechanism. Daily decisions & influence are allocated to the CEO, C-suite, perhaps board of directors &/or singular major shareholders or key employees - and not as related to their share holdings but more to their perceived overall contribution or wisdom. While shareholder votes can & do happen (in the same way that a country can have a referendum, or an extended family might have a vote on a major group decision), they are reserved for singular moments (usually of controversial crisis). When things are working well, usually such explicit votes are not needed. Even when the shareholders DO vote, the outcome is not decided in reality by economic value alone (for instance a key employee threatening to quit may sway many other shareholders and affect the results outside of that employee's individual share holdings). The shareholder power to influence the company is primarily in *their ability to buy or sell the stock*, not in the shareholder votes. This is also how it works in cryptocurrency. Holders can express their opinion on the market by buying & selling at any time. Doubly so in a (political crisis) chain-split, where they can buy/sell each side as they desire, and the market aggregates. This is already the direct coinholder voting you're looking for. But it's only appropriate for those moments of great crisis, not as a primary mechanism of decision making. A direct coinholder vote mechanism (for example on a yearly upgrade) SOUNDS appealing in practice. It SOUNDS simple & "free market". But reality is more nuanced & is certainly not wholly numerical. I'll give one last example. Satoshi proposed Bitcoin as a 1-cpu-1-vote miner governance concept. In reality, as we've seen several times, miners care little for governance disputes & usually defer to some combination of prominent developers, community figures, crowd demands or price action on the market. Bitcoin didn't work out as Satoshi envisioned, but it still works. It just needs to work in accordance with reality, rather than overly-simplified "free market" ideals. Not coincidentally, the BCH CHIP process takes all of this into account - which is why it is delivering such great results. Apparently its overwhelming success (6 straight years of flawless upgrades & community cohesion, turned on a dime from a coin/community which had 3 disastrous chain splits in the previous 4 years) has not been enough for critics like @Justin_Bons to recognise its wisdom & effectiveness. I hope that will change as the success continues, but it doesn't really matter because ignorance only penalizes the ignorant. BCH will continue shipping great upgrades, and Justin will continue to advocate for coin-voter fantasies which are not in use in any major cryptocurrency & almost certainly never will be to any degree of sustained success. This includes communities where Justin is active, despite his loud preference for this coin-voting system, he continues to hold & participate in all kinds of coins which DON'T do that, so his revealed preference speaks louder than this theories. He could also start a fresh blockchain with coin voting and make it an overwhelming success if it's such an obvious unexploited advantage, but we all know he hasn't, can't and won't. Markets are numerical, but reality (and human communities) are not.

@SayoshiHelpMe @Justin_Bons @TheBCHPodcast Guys your are still missing the point. The answers are here x.com/txariv/status/… and here @tula_s/briefly-on-governance-ff06770f" target="_blank" rel="nofollow noopener">read.cash/@tula_s/briefl…

@Justin_Bons @TheBCHPodcast So you want a voting process to avoid the nuclear option, but forking is still the final solution, regardless of PoS/PoW. The CHIP process is this voting process, just implemented socially (actual people/stakeholders), rather than only coin-holders (most $ invested)

Justin has concluded a long thread of getting ratio'd on ignorance with the announcement he is going to expose the massive centralisation in BCH. I look forward to it. It is no surprise that BCH fractured & failed while he was prominent & is succeeding without such influences.

@paolo_aga Nice. More details when?

I've spent the last two years working on what I believe crypto actually needs right now. Crypto will be money. But until it's stable enough for everyday use, we need something solid in the meantime, not another stable-shit-coin, not another yield farm. Something backed by tangible value, audited, transparent, international, built to last. For this I needed a blockchain that actually delivers true decentralization, real security, native programmability and DeFi without compromise. There's only one chain that checks all those boxes: 🟢 Bitcoin Cash.

@MiggyCryptoX @kzKallisti can you pls expand on what you mean by bch loan?

@kzKallisti This is heavy on my mind! It’s going to manifest some how now

@TheBCHPodcast @kzKallisti @Lightswarm @Justin_Bons 1. it has not been used so far (no need) and there are almost no tools developed for it - not a problem. 2. outsiders dont know about it, insiders dont know about it. In fact insiders (intentionally or not) actively suppress it! - PROBLEM (sooner or later)

@TheBCHPodcast @kzKallisti @Lightswarm @Justin_Bons here is the interesting part - chip process covers that as well! by describing an ONCHAIN VOTING GOVERNANCE SYSTEM (!!) #dispute-resolution" target="_blank" rel="nofollow noopener">gitlab.com/im_uname/cash-…