Scaling Bitcoin 2019 "Yesod" - September 11th-12th Tel Aviv

Programme Schedule for Scaling Bitcoin 2016 'Retarget' - now out!

Programme Schedule for Scaling Bitcoin 2016 'Retarget' - now out! submitted by pindarhk to Bitcoin [link] [comments]

Scaling Bitcoin Phase-II schedule is now available

Scaling Bitcoin Phase-II schedule is now available submitted by thorjag to Bitcoin [link] [comments]

Scaling Bitcoin Workshop schedule

Scaling Bitcoin Workshop schedule submitted by arthurbouquet to Bitcoin [link] [comments]

Scaling Bitcoin Milan Schedule

Scaling Bitcoin Milan Schedule submitted by Onetallnerd to btc [link] [comments]

Scaling Bitcoin conference schedule released

Scaling Bitcoin conference schedule released submitted by BitcoinXio to btc [link] [comments]

I think Bitcoin Cash will really shine if BOTH alternatives (Segwit1x AND Segwit2x fail to scale enough). S1X is a guarantee on this failure-to-scale. As for S2X, it will be a matter of time and depends on whether *additional* blocksize increases are scheduled in future hard forks on that chain.

Just keeping it real here.
The only thing Bitcoin Cash has going for it is the network effect of air-dropping the coins to all Bitcoin holders. I think a lot of Bitcoin Cash supporters do not want to admit this.
Aside from the air-drop to all Bitcoin holders, everything Bitcoin Cash does can be done better by several other cryptos.
So for Bitcoin Cash to hold any real value (significant market-share), it would depend on Bitcoin Cash becoming the MAIN chain. And that could be accomplished if Segwit1x and Segwit2x stagnate. But if Segwit2x becomes Segwit4x in the future, then I don't know if Bitcoin Cash will become dominant.
I would much rather see Bitcoin Cash become dominant however. It's more efficient for scaling. But the growth of Internet bandwidth may have scaled sufficiently that even the inefficiencies of Segwit2x scaling can be taken in stride. This would allow the Segwit2x chain to live longer than thought, if it increases its blocksize.
submitted by BitcoinIsTehFuture to btc [link] [comments]

Programme Schedule for Scaling Bitcoin 2016 'Retarget' - now out!

Programme Schedule for Scaling Bitcoin 2016 'Retarget' - now out! submitted by BitcoinAllBot to BitcoinAll [link] [comments]

LN is NOT the answer. Sidechains ARE the answer to bitcoin scaling. How? Sidechains can be truncated/pruned on a regular & scheduled basis.

LN is NOT the answer. Sidechains ARE the answer to bitcoin scaling. How? Sidechains can be truncated/pruned on a regular & scheduled basis. submitted by SouperNerd to btc [link] [comments]

Scaling Bitcoin Milan Schedule

Scaling Bitcoin Milan Schedule submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Scaling Bitcoin Workshop schedule

Scaling Bitcoin Workshop schedule submitted by BitcoinAll to BitcoinAll [link] [comments]

Scaling Bitcoin Workshop - Montreal 2015 - schedule

Scaling Bitcoin Workshop - Montreal 2015 - schedule submitted by muyuu to Bitcoin_Core [link] [comments]

Scheduled Scaling Updates for the Bitcoin Network Are Getting Closer

Scheduled Scaling Updates for the Bitcoin Network Are Getting Closer submitted by HenryK81 to CryptoCurrency [link] [comments]

I think Bitcoin Cash will really shine if BOTH alternatives (Segwit1x AND Segwit2x fail to scale enough). S1X is a guarantee on this failure-to-scale. As for S2X, it will be a matter of time and depends on whether *additional* blocksize increases are scheduled in future hard forks on that /r/btc

I think Bitcoin Cash will really shine if BOTH alternatives (Segwit1x AND Segwit2x fail to scale enough). S1X is a guarantee on this failure-to-scale. As for S2X, it will be a matter of time and depends on whether *additional* blocksize increases are scheduled in future hard forks on that /btc submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Scheduled Scaling Updates for the Bitcoin Network Are Getting Closer

Scheduled Scaling Updates for the Bitcoin Network Are Getting Closer submitted by CryptoCurrencyNews to CryptoCurrency [link] [comments]

LN is NOT the answer. Sidechains ARE the answer to bitcoin scaling. How? Sidechains can be truncated/pruned on a regular & scheduled basis. /r/btc

LN is NOT the answer. Sidechains ARE the answer to bitcoin scaling. How? Sidechains can be truncated/pruned on a regular & scheduled basis. /btc submitted by BitcoinAllBot to BitcoinAll [link] [comments]

06-25 05:32 - 'Scheduled Scaling Updates for the Bitcoin Network Are Getting Closer' (news.bitcoin.com) by /u/Bitcoinmathers removed from /r/Bitcoin within 337-347min

Scheduled Scaling Updates for the Bitcoin Network Are Getting Closer
Go1dfish undelete link
unreddit undelete link
Author: Bitcoinmathers
submitted by removalbot to removalbot [link] [comments]

Scheduled Scaling Updates for the Bitcoin Network Are Getting Closer

Scheduled Scaling Updates for the Bitcoin Network Are Getting Closer submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Sidechains are the answer to bitcoin scaling. How? Sidechains can be truncated/pruned on a regular & scheduled basis. /r/btc

Sidechains are the answer to bitcoin scaling. How? Sidechains can be truncated/pruned on a regular & scheduled basis. /btc submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Scheduled Scaling Updates for the Bitcoin Network Are Getting Closer

Scheduled Scaling Updates for the Bitcoin Network Are Getting Closer submitted by HenryK81 to Bitcoin [link] [comments]

Scheduled Scaling Updates for the Bitcoin Network Are Getting Closer

Scheduled Scaling Updates for the Bitcoin Network Are Getting Closer submitted by HenryK81 to BitcoinAll [link] [comments]

Bitcoin Newcomers FAQ - Please read!

Welcome to the /Bitcoin Sticky FAQ

You've probably been hearing a lot about Bitcoin recently and are wondering what's the big deal? Most of your questions should be answered by the resources below but if you have additional questions feel free to ask them in the comments.
It all started with the release of the release of Satoshi Nakamoto's whitepaper however that will probably go over the head of most readers so we recommend the following videos for a good starting point for understanding how bitcoin works and a little about its long term potential:
Some other great resources include Lopp.net, the Princeton crypto series and James D'Angelo's Bitcoin 101 Blackboard series.
Some excellent writing on Bitcoin's value proposition and future can be found at the Satoshi Nakamoto Institute.
Some Bitcoin statistics can be found here and here. Developer resources can be found here. Peer-reviewed research papers can be found here.
Potential upcoming protocol improvements and scaling resources here and here.
The number of times Bitcoin was declared dead by the media can be found here (LOL!)

Key properties of Bitcoin

Where can I buy bitcoins?

Bitcoin.org and BuyBitcoinWorldwide.com are helpful sites for beginners. You can buy or sell any amount of bitcoin (even just a few dollars worth) and there are several easy methods to purchase bitcoin with cash, credit card or bank transfer. Some of the more popular resources are below, also check out the bitcoinity exchange resources for a larger list of options for purchases.
Here is a listing of local ATMs. If you would like your paycheck automatically converted to bitcoin use Bitwage.
Note: Bitcoins are valued at whatever market price people are willing to pay for them in balancing act of supply vs demand. Unlike traditional markets, bitcoin markets operate 24 hours per day, 365 days per year. Preev is a useful site that that shows how much various denominations of bitcoin are worth in different currencies. Alternatively you can just Google "1 bitcoin in (your local currency)".

Securing your bitcoins

With bitcoin you can "Be your own bank" and personally secure your bitcoins OR you can use third party companies aka "Bitcoin banks" which will hold the bitcoins for you.
Note: For increased security, use Two Factor Authentication (2FA) everywhere it is offered, including email!
2FA requires a second confirmation code to access your account making it much harder for thieves to gain access. Google Authenticator and Authy are the two most popular 2FA services, download links are below. Make sure you create backups of your 2FA codes.
Google Auth Authy OTP Auth
Android Android N/A
iOS iOS iOS

Watch out for scams

As mentioned above, Bitcoin is decentralized, which by definition means there is no official website or Twitter handle or spokesperson or CEO. However, all money attracts thieves. This combination unfortunately results in scammers running official sounding names or pretending to be an authority on YouTube or social media. Many scammers throughout the years have claimed to be the inventor of Bitcoin. Websites like bitcoin(dot)com and the btc subreddit are active scams. Almost all altcoins (shitcoins) are marketed heavily with big promises but are really just designed to separate you from your bitcoin. So be careful: any resource, including all linked in this document, may in the future turn evil. Don't trust, verify. Also as they say in our community "Not your keys, not your coins".

Where can I spend bitcoins?

Check out spendabit or bitcoin directory for millions of merchant options. Also you can spend bitcoin anywhere visa is accepted with bitcoin debit cards such as the CashApp card. Some other useful site are listed below.
Store Product
Gyft Gift cards for hundreds of retailers including Amazon, Target, Walmart, Starbucks, Whole Foods, CVS, Lowes, Home Depot, iTunes, Best Buy, Sears, Kohls, eBay, GameStop, etc.
Spendabit, Overstock and The Bitcoin Directory Retail shopping with millions of results
ShakePay Generate one time use Visa cards in seconds
NewEgg and Dell For all your electronics needs
Bitwa.la, Coinbills, Piixpay, Bitbill.eu, Bylls, Coins.ph, Bitrefill, LivingRoomofSatoshi, Coinsfer, and more Bill payment
Menufy, Takeaway and Thuisbezorgd NL Takeout delivered to your door
Expedia, Cheapair, Destinia, Abitsky, SkyTours, the Travel category on Gyft and 9flats For when you need to get away
Cryptostorm, Mullvad, and PIA VPN services
Namecheap, Porkbun Domain name registration
Stampnik Discounted USPS Priority, Express, First-Class mail postage
Coinmap and AirBitz are helpful to find local businesses accepting bitcoins. A good resource for UK residents is at wheretospendbitcoins.co.uk.
There are also lots of charities which accept bitcoin donations.

Merchant Resources

There are several benefits to accepting bitcoin as a payment option if you are a merchant;
If you are interested in accepting bitcoin as a payment method, there are several options available;

Can I mine bitcoin?

Mining bitcoins can be a fun learning experience, but be aware that you will most likely operate at a loss. Newcomers are often advised to stay away from mining unless they are only interested in it as a hobby similar to folding at home. If you want to learn more about mining you can read more here. Still have mining questions? The crew at /BitcoinMining would be happy to help you out.
If you want to contribute to the bitcoin network by hosting the blockchain and propagating transactions you can run a full node using this setup guide. If you would prefer to keep it simple there are several good options. You can view the global node distribution here.

Earning bitcoins

Just like any other form of money, you can also earn bitcoins by being paid to do a job.
Site Description
WorkingForBitcoins, Bitwage, Cryptogrind, Coinality, Bitgigs, /Jobs4Bitcoins, BitforTip, Rein Project Freelancing
Lolli Earn bitcoin when you shop online!
OpenBazaar, Purse.io, Bitify, /Bitmarket, 21 Market Marketplaces
/GirlsGoneBitcoin NSFW Adult services
A-ads, Coinzilla.io Advertising
You can also earn bitcoins by participating as a market maker on JoinMarket by allowing users to perform CoinJoin transactions with your bitcoins for a small fee (requires you to already have some bitcoins.

Bitcoin-Related Projects

The following is a short list of ongoing projects that might be worth taking a look at if you are interested in current development in the bitcoin space.
Project Description
Lightning Network Second layer scaling
Blockstream, Rootstock and Drivechain Sidechains
Hivemind and Augur Prediction markets
Tierion and Factom Records & Titles on the blockchain
BitMarkets, DropZone, Beaver and Open Bazaar Decentralized markets
JoinMarket and Wasabi Wallet CoinJoin implementation
Coinffeine and Bisq Decentralized bitcoin exchanges
Keybase Identity & Reputation management
Abra Global P2P money transmitter network
Bitcore Open source Bitcoin javascript library

Bitcoin Units

One Bitcoin is quite large (hundreds of £/$/€) so people often deal in smaller units. The most common subunits are listed below:
Unit Symbol Value Info
bitcoin BTC 1 bitcoin one bitcoin is equal to 100 million satoshis
millibitcoin mBTC 1,000 per bitcoin used as default unit in recent Electrum wallet releases
bit bit 1,000,000 per bitcoin colloquial "slang" term for microbitcoin (μBTC)
satoshi sat 100,000,000 per bitcoin smallest unit in bitcoin, named after the inventor
For example, assuming an arbitrary exchange rate of $10000 for one Bitcoin, a $10 meal would equal:
For more information check out the Bitcoin units wiki.
Still have questions? Feel free to ask in the comments below or stick around for our weekly Mentor Monday thread. If you decide to post a question in /Bitcoin, please use the search bar to see if it has been answered before, and remember to follow the community rules outlined on the sidebar to receive a better response. The mods are busy helping manage our community so please do not message them unless you notice problems with the functionality of the subreddit.
Note: This is a community created FAQ. If you notice anything missing from the FAQ or that requires clarification you can edit it here and it will be included in the next revision pending approval.
Welcome to the Bitcoin community and the new decentralized economy!
submitted by BitcoinFan7 to Bitcoin [link] [comments]

Minimum Viable Issuance - Why Ethereum’s lack of a hard cap on ETH issuance is a good thing.

This post will explain how the argument used by the average Bitcoin maximalist, thinking that they have found Ethereum’s achilles heel when talking about issuance is actually highlighting one of Ethereum’s strong points and one of the main threats to the longevity of the Bitcoin network.
So first let’s answer the question which I know many people have about Ethereum:

What is Ethereum’s ETH issuance schedule?

Ethereum has an issuance policy of Minimum Viable Issuance. So what does this mean exactly? It means that the issuance of ETH will be as low as possible while also maintaining a sufficient budget to pay miners (and soon to be stakers) to keep the network secure. For example, if ETH issuance was halved, miners would drop off the network and stop mining as it is no longer profitable for them to mine. As a result, the network would be less secure as it would cost less money for an attacker to control 51% of the hash power and attack the network. This means that the Ethereum community plans to change ETH issuance as time goes on to maintain a reasonable security budget which will keep the network secure but will also keep inflation in check. We have done this twice in the past with EIP-649 and EIP-1234 which reduced block rewards from 5 ETH per block to 3 ETH and from 3 ETH to 2 ETH respectively. I previously made a graph of ETH issuance over time here: https://redd.it/it8ce7
So while Ethereum doesn’t have a strictly defined issuance schedule, the community will reject any proposals which either put the security of the network at risk such as the recent EIP-2878, or we will reject proposals which will lead to excessive network security and therefore an unnecessarily high inflation rate (or we will accept proposals which reduce issuance after price rises and therefore the security budget rises). This means that when Bitcoiners accuse the Ethereum Foundation of being no better than a central bank because they can “print more Ether”, this is completely untrue. Any proposals made by the EF which would increase issuance unnecessarily would be rejected by the community in the same way that a proposal to increase the supply of Bitcoin from 21 million to 22 million would be rejected. There is a social contract around both Bitcoin’s and Ethereum’s issuance schedules. Any networks or proposals which break the social contracts of 21 million Bitcoins and minimal viable issuance of Ether would be a breach of these contracts and the new proposed network would be labeled by the community as illegitimate and the original network would live on.

So why is minimum viable issuance better than a hard cap?

Minimum viable issuance is better than a hard cap because it puts the most important part of the network first - the security. MVI ensures that the Ethereum network will always have a security budget which keeps the cost of a 51% attack impractically high. Bitcoin on the other hand, halves its security budget every 4 years until eventually only the transaction fees pay for network security. This means that every 4 years, the amount of money paying for network security halves until eventually, the value of attacking the network becomes greater than the security budget and someone performs a 51% attack (technically the security budget only halves if terms of BTC not in dollars. However, even if the price of Bitcoin more than doubles in the time that the security budget halves, the ratio of security budget to value secured on the network still halves, doubling the financial viability of performing a network attack). The strategy to pay for the security budget once Bitcoin issuance stops is for transaction fees to secure the network since transaction fees are paid to miners. Not only does this have its own security problems which I won’t detail here, but unless Bitcoin scales on layer 1 (layer 2 scaling solutions have their own security mechanisms separate from L1), then fees would have to cost well in the thousands of dollars to secure a trillion dollar market cap Bitcoin that is secured by nothing but fees. If Bitcoin maximalists want a 10 trillion or 100 trillion dollar market cap then expect fees to go up another 10 or 100 times from there.
Ethereum on the other hand, will be able to keep its network secure with approximately 1-2% annual issuance being paid to stakers under ETH 2.0. This is because not all of the network will be staking, so if 33 million of the approximately 110 million Ether in existence stakes under ETH 2.0, then paying this 33 million Ether 6% a year (a very decent yield!) would cost just under 2 million ETH per year which would equate to less than 2% annual ETH inflation. This is also before considering EIP-1559 which will burn a portion of transaction fees which will counter the effect of this inflation and potentially even make ETH deflationary if the sum of all burned transaction fees are greater than the annual inflation. Also, under ETH 2.0, an attacker performing a 51% attack would get his funds slashed (they would lose their funds) if they attack the network, meaning that they can only perform a 51% attack once. However, in Bitcoin, anyone who controls 51% of the mining hash power could perform multiple 51% attacks without losing everything like they could in ETH 2.0.
So in conclusion, while Ethereum doesn’t have the guaranteed anti-inflation security of a hard cap, it does have the guarantee of always paying it’s miners (or stakers under ETH 2.0) enough to keep the network secure. In contrast, while Bitcoin’s social contract may guarantee a hard cap of 21 million, it cannot simultaneously guarantee network security in the long run. Eventually, its users will have to decide if they want a secure network with more than 21 million coins or a tax to pay for security or an insecure network with super high fees and a hard cap of 21 million Bitcoin.
Disclaimer: The details I covered around 51% attacks and network security are simplified. I am not an expert in this field and things are a lot more nuanced than I laid out in my simplifications above.
submitted by Tricky_Troll to ethfinance [link] [comments]

Make a Living in 1 Hour a Day Trading the 3 Bar ... - YouTube Bitcoin Q&A: Schnorr signatures and the privacy roadmap Bitcoin TechDays 2019 Livestream How bad is this $5000 PC from 10 years ago? - YouTube Pettycoin: Losing Tiny Amounts of Bitcoin At Scale! [linux.conf.au 2014]

The event schedule for next week's Scaling Bitcoin conference is now available. News Learn Videos Podcasts Research. Trending. SEC. SEC Will Be Forced to Give Crypto Guidance Despite Bureaucracy ... Scaling Bitcoin ‘Kaizen’, focuses on the systematic identification of portions of the Bitcoin protocol that best lend themselves to continuous, non-’consensus layer’ improvement. ‘Kaizen’ focuses on the refinement of Bitcoin’s existing impressive security, integrity and performance properties by identifying opportunities to drive further algorithmic efficiency and rigorous ... Call for Proposals. The current Scaling Bitcoin Workshop will take place September 11 th -12 th in Tel Aviv University, Claire and Emanuel Rosenblatt Auditorium, (Engineering Building), Tel Aviv, Israel. We are accepting technical proposals for improving Bitcoin performance including designs, experimental results, and comparisons against other proposals. Schedule of presentations and workshops for Scaling Bitcoin 2017 "Scaling the Edge" - November 4th-5th Stanford, USA Schedule Location Remote Participation FAQ Scaling Bitcoin Workshops FOR THE ENGINEERING AND ACADEMIC COMMUNITY . In early 2015, the Bitcoin development community faced difficult discussions of how to safely improve the scalability and decentralized nature of the Bitcoin network. To aid the technical consensus-building process, we organize workshops to collect technical criteria, present ...

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Make a Living in 1 Hour a Day Trading the 3 Bar ... - YouTube

We're excited to welcome a range of international Bitcoin researchers and developers in Munich on Feb 12th. Speakers and Lectures: + Konstantin Nick - Let’s play Lightning (8:20) + Kilian Rausch ... Warrior Trading teaches people how to make a living trading stocks! We review our trades each day on YouTube to give students free educational content! View ... #Stocks #Trading #Investing Stop over complicating your trading. It doesn't have to be so confusing. Keep it simple!! Simple is profitable! https://www.livet... Optoma's NuForce BE Live2 is on sales at $29 on Amazon at https://amzn.to/2Di4VaI Use code LINUS and get 25% off GlassWire at https://lmg.gg/glasswire 10 yea... Donate Bitcoin: 1LAYuQq6f11HccBgbe6bx8DiwKwzuYkPR3 Be a Patreon: https://www.patreon.com/madbitcoins Why Bitcoin Will Get Scaling Without Segwit or Large Blo...

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