bitcoincashautist

@bitcoincashautist · 2 years ago

Celebrating Bitcoin Cash May-2022 Upgrade - 2.5 BCH Giveaway

I have already funded the giveaway by sending 2.5 BCH to bitcoincash:pzq2vg8ppftlnk7raj452eae33upjgedj5dnc5efg5. This is no ordinary address, this is a P2SH address , which means that it is a "smar...

32 likes · 19 comments

@bitcoincashautist · 2 years ago

Celebrating Permissionless Development (Two CHIPs, One Tech)

It's now been about a year since I decided to get involved in BCH development. When I started this journey, I didn't have the knowledge required to arrive where we are today, but I was confident in my...

25 likes · 4 comments

@bitcoincashautist · 2 years ago

Introducing Unforgeable Groups for Bitcoin Cash - Using Groups as Owners

The latest "Group" proposal ( v4 . 2 ) is more than just "tokenization". It got simpler and more powerful at the same time. It now enables generic BCH output groups that can be used to create persiste...

13 likes · 1 comments

@bitcoincashautist · 2 years ago

Note on Bitcoin Mining

This is to answer the question : "What mechanism prevents a large BTC mining pool from switching chains and 51% attacking BCH?" First, who are miners? Many miners grew their operations when Bitcoin...

5 likes · 2 comments

@bitcoincashautist · 2 years ago

Persistent Data Sticker Contract

Local transaction introspection will make it possible to design a contract owned by another contract. Here we present one such contract that: 1. Hardcodes some data inside its redeem script. 2. Re...

7 likes · 2 comments

@bitcoincashautist · 2 years ago

Introducing Group Tokens for Bitcoin Cash

What is "Group Tokenization for Bitcoin Cash"? It's a Bitcoin Cash improvement proposal (CHIP) to enable simple native tokens, aspiring to be activated in May 2023. What do you mean "native"? Thi...

26 likes · 3 comments

@bitcoincashautist · 3 years ago

Some Comments on "BCH Network Discussion on Group Tokenization"

Nice talk and thank you for hosting it and for the transcript @blockparty-sh ! I already watched it but having a transcript helps a lot with making comments later, and here I'd like to make some...

14 likes · 3 comments

@bitcoincashautist · 3 years ago

We Want First Class Tokens on BCH! Timeline And Progress Report 2021-04-07

Wow, what a journey! Last update was on 2021-02-20 and a LOT has happened since then! 2021-02-23 We have a CHIP!!! Then, I did a series on example uses: 2021-02-27 Introducing Group Tokens fo...

11 likes · 2 comments

@bitcoincashautist · 3 years ago

Response to General Protocols Statement on "CHIP-2021-02 Group Tokenization for Bitcoin Cash"

A lot of work and research has gone into the technical specification of this CHIP. Thank you for recognizing it. However, I don’t subscribe to the labor theory of value so that labor will have been...

32 likes · 13 comments

@bitcoincashautist · 3 years ago

Introducing Group Tokens for Bitcoin Cash - Part 4/N - Non-fungible Tokens (NFTs)

For a very short description of what Group tokens are , have a look here . I can't repeat the same text here due to read.cash rules. The intro paragraph in that link describes what Group Tokenizati...

22 likes · 3 comments

@bitcoincashautist · 3 years ago

Introducing Group Tokens for Bitcoin Cash - Part 3/N - CoinJoin

For a very short description of what Group tokens are , have a look here . I can't repeat the same text here due to read.cash rules. The notation is simple, stuff in [] describes a transaction ou...

9 likes · 3 comments

@bitcoincashautist · 3 years ago

Introducing Group Tokens for Bitcoin Cash - Part 2/N - Atomic Swap Examples

Group Tokenization is a Bitcoin Cash improvement proposal (CHIP) designed to natively support alternative currencies without impeding on the utility of native currency (BCH). It achieves this with...

7 likes · 7 comments

@bitcoincashautist · 3 years ago

Introducing Group Tokens for Bitcoin Cash - Part 1/N - Stablecoin Example

Maybe you noticed the "We Want First Class Tokens on BCH!" series. I started those shortly after seeing the interview with group tokens creator, Andrew Stone. It resonated with me and there I saw...

8 likes · 9 comments

@bitcoincashautist · 3 years ago

Bitcoin Cash Strengths, Weaknesses, Opportunities and Threats

This is known as the SWOT analysis. Here's what Investopedia says about it: SWOT (strengths, weaknesses, opportunities, and threats) analysis is a framework used to evaluate a company's competitive...

32 likes · 23 comments · Bitcoin Cash (e11c)

@bitcoincashautist · 3 years ago

We Want First Class Tokens on BCH! Timeline And Progress Report 2021-02-20

Maybe you noticed this series. For me it all started with an interview with Group Tokens creator, Andrew Stone. I heard his vision for what could be achieved with this, but it worried me that people...

10 likes · 1 comments · Bitcoin Cash (e11c)

@bitcoincashautist · 3 years ago

The Path To Completing Bitcoin (Cash: The Killer App)

TL;DR When people think cash I want them to think Bitcoin Cash, the peer-to-peer electronic cash system. The market is asking for an electronic cash system . The market is getting smart contract...

36 likes · 30 comments · Bitcoin Cash (e11c)

@bitcoincashautist · 3 years ago

We want first class tokens on BCH! Part 4/N High level technical details

Hey all! We now have a high level doc outlining the requirements for enabling group token semantics. It's one and half A4 page, should be easy to read and enough to enable us to assess impact on scali...

15 likes · 11 comments

@bitcoincashautist · 3 years ago

We Want First Class Tokens on BCH! Part 3/N - Native Group Tokens FAQ

Who are you? Someone who's been lurking around for a long time, someone who remembers the cool stuff talked about when Bitcoin was still magic internet money. What is your goal? To help dust-off th...

22 likes · 15 comments