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Subscribe to my DTube channel and earn cryptocurrency rewards for your best comments at: I find their interface very easy to use, they have a full suite of charging tools built in, exclusive coin listings and competitive trading fees. The idea is to allow manufacturers to sell direct to consumers and cut out the supermarkets acting like middlemen.

As a quick update for anyone that decided to buy into this ICO, they successfully raised 60, Ether and today the token has been listed on Binance. Not all the ICOs I review perform like this, I know that, but I thought it was only fair to do just a brief follow up in case any of you bought into INS and were not aware of the situation now.

So do with that information what you will. If we load up the site fork. And if we look at Coin Dance: So anyway, here is the first real world experiment for Bitcoin Cash. This is actually excellent news for me because I get sick of all the bravado and the rhetoric. Now we can witness a real world experiment of how the Bitcoin Cash network handles the type of spam attack that we have seen more than once on the Bitcoin network.

Story - Market Roundup Data provided by: Was interesting to hear about INS, thanks Chris! I'm now checking it out in more detail, could really be a force for good in the world. Haha, we shall see how this plays out for Bcash. BTC is been attacked constantly and always recovered.

Bcash only exist for cheap transactions, so when spam will continuo they HAVE TO raise the block size again to make their shitcoin 'useful' again. Finally the spammers can drive the block size to a level where running a full node is impossible for the normal users. If it hits 8MB on every block there is no way a normal user can afford to run a full node. I'm not going to download 1GB everyday just to support this. That would be very costly for the "attacker" sending "spam", but you are mixing different topics here.

Also, normal users were never intended to run full nodes in the long run. Mark Satoshis own words. That's not the system design. I thought he was going by Satoshi Nakamoto, care to link to your quote? As many people as possible need to be able to run nodes to prevent decentralisation and the system WAS designed to account for this.

That particular quote was a quick estimation to show that it could be done by nodes at all. The fundamentals still required specialization over time. Regular users were intended to "just be users" and not run anything but simplified nodes.

With the advent of fiber, perhaps to be replaced by even faster and wireless devices, and VR enviroments boosting demand for memory , I think we can expect quite the ride in the coming years.

Not that any of this means regular users should be running full nodes at this point. Here's a quote just for the sake of providing a source for my claim Satoshi ever said such a thing.

And btw that's what he was frequently called by others, the full name was rarely used. Only people trying to create new coins would need to run network nodes. At first, most users would run network nodes, but as the network grows beyond a certain point, it would be left more and more to specialists with server farms of specialized hardware.

A server farm would only need to have one node on the network and the rest of the LAN connects with that one node. From the Crypto mailing list. Anything else was, in his own words, "a gentlemen's agreement". Having long confirmation times will cause frustration with the user base.

It is no longer a cheap instant payment method. I think Chris mentioned a 90 min backlog - that is a long time to wait if you want to pay someone or transfer money.

To show that Satoshis design "doesn't work", when in fact it does even with the "spam" so far. But hey, if it ends up becoming a big problem, Bitcoin Cash users are not actually against implementing solutions.

We simply don't accept breaking the fundamental design that Satoshi started. The 1MB blocksize limit for example, horrible as the damage became in the end, was not as horrible in pure technical terms. It could, as Satoshi explained, still be increased way ahead of time so that it never became a big issue.

What really harmed the network was deciding to not do this when time came. In fact, it would probably have been best to automate it somehow whenever possible, but at the time it was simply a bug that needed to be patched and that decision was not made. Instead Satoshi plugged the hole and didn't even tell anyone about it until he was asked. Hey Chris - maybe not the best place to suggest a review of blockchain dating projects - seems like this should be a pretty big thing. After a quick review I see half a dozen current ICO contenders!

I'm definitely also interested in seeing how the Bitcoin Cash network handles this. There had been a lot of boasting lately on how BCH solves most of Bitcoin's scaling issues, so let's see how the network handles a spam attack like this.

It solves the big issue, which was blatant mismanagement bolstered by community manipulation. Some people boast too much or are just looking for a fight. But it happens in all communities and it's a common trait of smaller ones especially, that both good and bad voices have an easier time getting heard because the smaller crowd means less social policing and less noise drowning them out.

I myself will be looking at this with keen interest to see if BCH can already deal with this type of an event, or if other measures might be useful to lessen the impact. Just as Satoshi accepted a temporary and easy to increase limit on the blocksize, there are no rules against coming up with stabilizing solutions. The only thing not permissible from this point of view is to break the fundamental design and still call it Bitcoin.

I'm very interested in how Bcash handles this. BTC always handles it fine. People use Bcash for transferring funds easily cheap fees but I'm not sure how it will handle these attacks. Anyway, keep up the great crypto videos! Bitcoin Cash will hopefully do just fine. As per Satoshis design. If it doesn't, we'll have to adjust without breaking it. The justification mostly used is that Bitcoin Cash is an attack on Bitcoin as a "brand", when Bitcoin is in fact an entire design defined by Satoshi in the white paper and explained in forum posts.

Chris, interested to know your thoughts on fundamentals regarding the BTC price action. My thoughts have been that given the recent increases, investors are cashing out and shifting into other assets.

I also think that it could be tax selling where people with gains held the asset until to sell for a defer tax bill as well as needing to sell to get fiat to pay their taxes. I was also just sent this https: This post has been randomly Resteemed! To join the ResteemSupport network and be entered into the lottery please upvote this post and see the following rules. This bot allows BCH micropayments on social media platforms. Maybe the huge of amount of transactions is caused by this.

What are your thoughts? Please click the thumbnail image to watch the video on DTube. This has been increasing for the last 2 days. Authors get paid when people like you upvote their post. Trending Trending Votes Age Reputation. Thanks for the information on INS. Secondly it would seem growth in RAM has kept up rather nicely, just as Satoshi expected.

And btw that's what he was frequently called by others, the full name was rarely used Only people trying to create new coins would need to run network nodes. Recovered just fine in no time. Very nice info, thanks. What is the goal of spamming the network?

Cause some sort of panic sell? In fact, Bitcoin is an awesome coin thank you to share it among us. I'm excited to hear your thoughts on EOS! NEO is mooning so hard. I think it mostly has to do with Trinity. Goodstuff right here, subscribed!