I set up basicswap dex but the XMR/BCH liquidity is pretty low there. Do you know which coins on there have the highest volume? It would be nice if you could see the whole order book and not only the coins you have enabled.
So has there been another stress test where TX volume reached higher than 500k? I am not aware of any fixes that have been made to fix the TX propagation and block sync failures that happened on the stressnet when volume went over ~300k.
I have a feeling the current Monero node implementation is at its life's end that is why the Rust node work has been started.
Recent stress tests showed Monero was struggling at 300-500k TX/day with nodes falling behind and wallets failing. BCH has been tested to 10 million.
Then you have the issue of having to keep the whole chain forever, with BCH all you need is the UTXO set really, which is < 10GB
I am not hating on Monero and I hope the issues can be solved, but I am taking the safer bet on Bitcoin Cash.
the entire network always relies on anonymous TXOs instead of using them only when they are needed for anonymous transactions.
But if the entire network is not that large then it will not help that much. Monero's mass adoption potential is limited by many factors such as scalability, reputation, UX, and fiat on-ramp access. If your goal is world level adoption then BCH's approach is the better choice, IMO.
The bigger the bank the more they can ML. The fines are to pay off the biggest mafia in town to leave them alone. It has nothing to do with stopping crime and everything to do with surveillance and data collection.
If you are a giant bank you can ML all you want. AML is a useless scam and a violation of basic rights of individuals to transact privately. It is big brother's attempt to monitor capital flows.
Every top 10 bank fined as £150 billion laundered annually
https://trilateral-it.com/every-top-10-bank-fined-as-150-billion-laundered-annually/
I did not present a figure of 2 specifically. The point is Monero is more vulnerable than previously believed but still this is likely irrelevant to casual users as no one will put so much effort into mass tracing anyway. Given this logic, for the vast majority of users Bitcoin Cash with CashFusion is private enough IMO.
Using standard statistical methods, that ring size of 16 shrinks to an average of 4.2, slashing Monero’s privacy by about 75% compared to what was previously assumed.
It does not have to be like Monero to give you a similar level of privacy.
More information about CashFusion: https://odysee.com/@backyarddirectors:c/cashfusion-true-privacy-on-bitcoin-cash:c
Good to see they are starting to come around. There is no future for fiat money in the digital age.
I hope they add Bitcoin Cash because the fees on BTC and ETH are too high.
After a detailed examination of the situation the author is proposing Bitcoin Cash as a solution to this type of issue. The UTXO model is far superior in terms of security over ETH's account based model.
Yes, very much so. The community has been shipping amazing upgrades the past few years. You do not hear much about it because the majority of influencers and promoters are busy shilling corporate projects and getting paid, but Bitcoin Cash is a decentralized community run project so it does not shell out millions for promotions.
BCH is set to dominate in the coming years as it is the chain with advanced features and world scale capability. Plus it has the Bitcoin brand since it is actually the real Bitcoin.
Bitcoin Cash Upgrade History
The cypherpunk dream is still alive in Bitcoin it is now just called Bitcoin Cash, the blockchain that can scale to world level adoption.
cross-posted from: https://realbitcoin.cash/post/31779
Pump.Fun is a token launchpad which allows anyone to simply create their own token which then is issued by a smart contract to anyone who wishes to purchase. After 80% has purchased the remainder is added as liquidity on a DEX. The creator of the token also get a reward.
This concept has been ported over to Bitcoin Cash showcasing the advanced smart contract capabilities of Bitcoin.
Have a look @ https://bchpump.cash/pump
The tokens get deployed on Cauldron DEX https://app.cauldron.quest/
Pump.Fun is a token launchpad which allows anyone to simply create their own token which then is issued by a smart contract to anyone who wishes to purchase. After 80% has purchased the remainder is added as liquidity on a DEX. The creator of the token also get a reward.
This concept has been ported over to Bitcoin Cash showcasing the advanced smart contract capabilities of Bitcoin.
Have a look @ https://bchpump.cash/pump
The tokens get deployed on Cauldron DEX https://app.cauldron.quest/
The Bitcoin Cash community needs a chat space outside of the big tech proprietary service offerings like Telegram and Discord to make sure censorship or hijacking does not happen in the future.
We now have a brad new space to talk about BCH in a free andopen manner on Matrix using the element app.
Matrix+Element is free and open source software which allows for a great group chat experience while preserving your right to privacy. You can also create your own rooms for sub-topics.
Join the space: https://matrix.to/#/#bitcoincashspace:matrix.org
Registration fee: 1,644,735 sats
This is a simple game of chance. Each match of the bracket will be determined by a provably fair coin flip.
To play you simply need to register. You do not need to do anything else. You do not need to be present during the event.
🎙️ Welcome to Paul's channel! In this video, we are in the Phillipines and pay with Bitcoin Cash for a delicious meal with our Paytaca wallet.
The combinations are close to infinite. It would take enormous resources to get even close to likelihood of identifying correlations.
For the average person it is more than enough privacy. Given the other benefits of BCH it is just the better choice for mass adoption. There will always be a niche use case for Monero but it cannot serve as the world's money, IMO.