Daily reminder
Daily reminder
Luke Roberts
Other urls found in this thread:
0xbitcoin.org
SnowDividends.com
medium.com
medium.com
twitter.com
William Smith
moon
Adam Jenkins
Cameron Wilson
off chain transfers are going to be anonymous. is this /our/coin?
Kevin Lee
>off chain transfers are going to be anonymous. is this /our/coin?
Is there any other erc20 tokens that do this?
Nathaniel Martinez
not one that is mined. no. well the knockoff brands will too
John Price
devs can say whatever they want doesn't mean it will ever happen
>off chain
>anonymous
doesn't make the slightest bit of sense but whatever
Benjamin Miller
yea brainless have a hard time understanding shit. its ok. just think about it for a couple weeks, it will come to you in a dream or something.
Parker King
explain or stay a retard pajeet
off chain anonymity means you rely on the third party to keep your transaction history secure
do you trust anyone to do that? seriously bro
Blake Fisher
It’s definitely the most curious coin out there. Nothing else quite like it. A collectors piece for connoisseurs
Josiah Nguyen
unironically bitcoin 2.0
Colton Lopez
na ill let you figure it out since you are so smart
Thomas Ward
>can't answer
Lmao
enjoy your shitcoin that will never go anywhere but in the trash can (which is here it belongs)
Nicholas Peterson
What's it called.
Daniel Bailey
mhmmm
Brody Evans
Jackson Wright
SnowDividends.com
get in this quick, you bumbling retards.
I already made 122$
Kayden Perry
I think you people are misunderstanding Lava network.
1) As of right now there is no plan to make off-chain transactions anonymous. This doesn't mean that it can't happen in the future once Ethereum devs clarify side chain protocol, but it means that it's many months off.
2) Lava network can be used for any ERC20, not just 0xBitcoin. Relayers will have to decide which ERC20 tokens to accept in place of gas, and due to the nature of the community project 0xBTC is likely to be the first and dominant token accepted, but anyone can set up a relayer to accept relatively legit tokens like ZRX.
If ya'll are interested in some more innovations regarding 0xBitcoin and Lava, check out these Medium articles on King of the Hill.
It's basically a way to create pseudo Proof of Authority, basing it off of the "king" of the 0xBitcoin mining chain (decentrally decided through PoW mining). This way, the Lava network will have a mechanism to easily decide which relayer has priority to collect fees. Looking beyond Lava, 0xBitcoin provides the first programmable mining chain on Ethereum, allowing for more developer usage of this mining security.
For months now FUDders have said that the mining is useless and a waste of energy, which is already ridiculous because the energy is well worth it to create a decentralized and fairly distributed currency. Now they can eat their hats since 0xBTC will pave the way for future indirect security of dapps.
Matthew Garcia
Carson Nelson
Lololo even the kek kbows this its the ultimate shitcoin
Thomas Peterson
the kek will kbow indeed
Kayden Bailey
The fact that Jow Forums can't understand the value of a PoW engine within Ethereum is proof of how far this board has fallen.
Once the 0xBitcoin Foundation finishes incorporating and setting up their website, and when they begin to tap into the $20k they have in marketing/listing funds, it's all over for nocoiners.
Gabriel Sanders
Nice clarification.
Parker Jones
I can tell by the way you type that you have no knowledge of any technology or internet related matter. You are a retarded normie and you should leave this site.
Isaac Bennett
Good FUD Rakesh
Robert Butler
yes biz can't see the use of a worthless premined shit coin that is released via wasting hashpower on a smart contract and has no use case
huur duur you can mine it! so what, mining literally anything else is more profitable
huur duur it's on the ethereum chain! yeah so what, so are a thousand other shitcoins
ohh yeah bro that 20k usd marketing fund is going to do so much! Lmao
Jace Ward
> premined
Proof? You don't have any so whatever
Carson King
>can't even answer a simple question
The absolute state of Zero Times Buttcoin holders
Why is this useful? Does it mean you can like cloud-share mining or something?
What are some actual transactions where this would be useful? Why wouldn't one just use Ripple and exchange actual Fiat, why would I program a un-owned mining contract?
then explain it if it's so simple
Bad shilling.
David Sanchez
>Why is this useful? Does it mean you can like cloud-share mining or something?
What are some actual transactions where this would be useful? Why wouldn't one just use Ripple and exchange actual Fiat, why would I program a un-owned mining contract?
It has nothing to do with cloud sharing mining, it has to do with the way in which sidechain decisions are made. With Lava, for instance, since the relayer market is decentralized, there is no way to delegate which relayer gets dibs on which packet without a central entity. To avoid this problem, relayer priority is given based on the last block solver. This is a useful (albeit rudimentary) application of the PoW engine of 0xBitcoin, but you can see that this logic can be extended such that any situation in which a Proof of Authority system is ideal you can use the PoW last block reward to delegate that decision making. In the future, more complex sidechains can use 0xBitcoin's PoW as part of their governance protocols.
Chase Stewart
This shitcoin hasn't done anything in months though.
Adrian Thomas
Also I don't say this to be an asshole or brush you off, but if you're interested in the technical side of things, the 0xBitcoin discord has a lot of knowledgeable people that can answer your questions in real time a lot better than I can. Unlike what you've heard it's not a PnD discord; lots of good discussion in there especially in #development
Brandon Brooks
> Up 1000% from 4 months ago
> Up 100% from 6 weeks ago
>"Hasn't done anything in months"
Luis Hill
Good post.
Okay so probably because I haven't done any research into Lava, that's why I was off the mark. I'm still a bit confused - but that's okay, I can see now start to grasp what it means: distributing/prioritizing rewards through side-chains. Thanks for actually writing a response that actually gives some explanation.
To be honest, I'm not actually interested in the technical side so much as I'm trying to understand why this token is being so aggressively shilled.