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 Bitcoin Thread v1, and other cryptocurrencies

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UserU
post Nov 21 2017, 11:00 AM

CSONLINE2.NET - FREE COUNTER-STRIKE
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Elite
5,093 posts

Joined: Mar 2009
From: Land of make believe

QUOTE(pakji @ Nov 9 2017, 03:22 AM)
coinbox.biz website is down ??

last year i was use btc to myr local

now what happen site
*
Chaplap liao, used to buy from them too.
UserU
post Jan 5 2018, 11:09 AM

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Elite
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From: Land of make believe

QUOTE(ultimate93 @ Jan 5 2018, 10:47 AM)
sifu2, withdraw BTC fr Remitano to Binance will kena charge how much?

So far i know Binance didnt charge for deposit right? How about withdrawal fee from Remitano side?

TQ
*
0.0005 BTC from Remi.

Binance doesn't charge for deposits.
UserU
post Jan 12 2018, 12:49 PM

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Anonymous VPN service TorGuard has become one of the first consumer businesses to accept Lightning Network (LN) payments for Bitcoin.


‘TESTNET IS SO BORING’

In messages on Twitter staff since appeared to back up privately, TorGuard confirmed users can now pay for its services in Bitcoin using Lightning, significantly reducing transaction times and fees.

The news makes the company a pioneer of Bitcoin mainnet LN payments after the technology debuted as a testnet interface last month.


ONE TRANSACTION = ONE SATOSHI?


Excited community members reacted broadly positively to a customer service representative similarly offering LN payments, seemingly unaware TorGuard had already publicly announced the new feature.

“Do you have (an) LN (mainnet) node up and running? If so, I can invoice you for 1 month of our service for only 1 satoshi,” the representative offered.


This last point appeared to cause contention, responses arguing the actual cost of a Lightning transaction would be significantly higher than the $0.‎00014167 quoted due to the need to open and close a channel before and after.

Bitcoin advocates have long championed Lightning as the crucial solution to the ongoing high transaction fees and slow confirmation times which have plagued the network since its mass uptake which began around one year ago.

While altcoins such as Bitcoin Cash and most recently Ripple have jumped on the problem as proof their offerings are more valuable than Bitcoin, early adopters remain confident that so-called Layer 2 updates such as LN payments will make such arguments null and void.

Late last month, Bitcoin-based cellphone top-up service Bitrefill also began using Lightning mainnet payments to fulfil customer orders as part of successful “limited testing”.

https://bitcoinist.com/bitcoin-fees-mainnet...htning-network/

 

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