Ryan X. Charles

Rank: 1096 / 1843

4 selected videos

Coinbase to Default to Bitcoin Core

Find a written summary of this video on Yours:

* https://www.yours.org/content/coinbase-to-default-to-bitcoin-core--november-hard-fork-journal--333231a00888

Outline:

* Three forks: segwit1x, segwit2x, Bitcoin Cash

* Coinbase to name segwit1x as “bitcoin” https://blog.coinbase.com/timeline-and-support-bitcoin-segwit2x-and-bitcoin-gold-eda72525efd

* Note: Coinbase is an NYA supporter https://medium.com/@DCGco/bitcoin-scaling-agreement-at-consensus-2017-133521fe9a77

* PoW mining situation:...

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Related topics : bitcoin cash fork november / bitcoin cash coinbase

I Was Wrong. The Hard Fork Will Be Rough.

* Y2k bug: https://twitter.com/ryanxcharles/status/844715584235487233

* Three forks: bitcoin cash 1, bitcoin cash 2, segwit1x/segwit2x

* Bitrex will NOT support segwit2x “if it splits the chain” https://bitsonline.com/bittrex-chain-split-1mb-bitcoin/

* Alex Morcos: 2x should add replay protection https://medium.com/@morcos/no2x-no-replay-protection-4535ddd89017

* Jimmy Song “game theory”: https://medium.com/@jimmysong/segwit2x-game-theory-scenarios-part-1-7f863904a72

* Parity multisig...

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Lightning Network vs. Bitcoin Cash

- How/why we switched

- The cancellation of segwit2x

- Divergence/split of bitcoin community

- Problems with LN:

--- Opening a channel cannot happen instantly

--- Closing a channel cannot happen instantly

--- User must be online to receive a payment

--- Security: Cannot do cold storage lightning network

--- Use must continuously be online to monitor for old commitment transactions

--- Payment channels can be in weird states: Micropayment cannot be first payment across a channel due to...

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Related topics : bitcoin cash vs bitcoin / bitcoin cash wallet / bitcoin payment channels

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Fork ETA 2 Days. Fork Monitors, Coinbase, Jameson Lopp, SPV.

* ETA 2 Days. Vlog 12.

* Now 4 full node implementations of Bitcoin Cash: https://twitter.com/BitcoinCashFans/status/891290966757343232

* Coin dance monitor page https://cash.coin.dance/

* Reminder of other monitor page https://www.btcforkmonitor.info/

* People are moving large volumes of bitcoin off Coinbase in anticipation of Bitcoin Cash leading to withdraw delays https://www.reddit.com/r/btc/comments/6qaqis/coinbase_outgoing_btc_transactions_delayed_up_to/

* Jameson’s article:...

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