Donations with Bitcoin (Cash) - BCH
eva...@openmailbox.org
Due to high fees and heavy losses to donator at Bitcoin Core (BTC) network I suggest to at Bitcoin Cash (BCH) donation address as alternative.
Nobody want to donate 50$ and lose 40$ as fees.
Also it's not possible with current Core address to donate low amount like 1$-5$ to the project with Bitcoin.
https://www.qubes-os.org/donate/
p.s. I'm personally believe that Bitcoin (BTC) was dead, because it goes on the evil path of a dictatorship, censorship and it's not true Bitcoin described at Bitcoin whitepaper after SegWit, therefor
I do not use it anymore and I'm not alone. Qubes need Bitcoin (BCH) donation address at least for this reason as alternative for such ppl who only use only Bitcoin (BCH).
Tom Zander
> Happy New Year Qubes Community!
>
> Due to high fees and heavy losses to donator at Bitcoin Core (BTC) network
> I suggest to at Bitcoin Cash (BCH) donation address as alternative.
> Nobody want to donate 50$ and lose 40$ as fees.
I want to also add that the current address publicly displayed will work
just fine on Bitcoin Cash, which may be useful to know.
Big companies like bitpay (biggest bitcoin payment processor) have already
stated they will no longer accept any Bitcoin internet payments under $100,
which you can understand means it can no longer be used for the majority of
Internet payments. They are working on switching to Bitcoin Cash instead.
Curiously, looking at the Qubes donation page I see that the address you
have shows that the Qubes organization in actual fact already owns a some
funds in Bitcoin Cash (BCH).
https://bch.btc.com/3GakuQQDUGyyUnV1p5Jc3zd6CpQDkDwmDq
Around € 700 worth.
To the Qubes-guys; please consider updating your website and if you post it
on something like reddits rBtc forum, you likely will get some more
publicity out of it as well.
If you want any details, feel free to ask me more in private email.
--
Tom Zander
Blog: https://zander.github.io
Vlog: https://vimeo.com/channels/tomscryptochannel
eva...@openmailbox.org
> I want to also add that the current address publicly displayed will work
> just fine on Bitcoin Cash, which may be useful to know.
POSSIBLE: NOT
I'm not sure that it's possible to use current Qubes address with the same private keys at Bitcoin Cash (BCH) network. I guess that this 700 is already lost, but I maybe wrong!
Because they have address started with 3*** it's SegWit address and it's not complete with Bitcoin (BCH).
As I remember only 1*** addresses is equivalent.
Please, google or https://news.bitcoin.com/hundreds-bitcoin-cash-stuck-segwit-addresses-might-way-get-back/
Anyway I suggest to add clear Bitcoin (BCH) address.
> Big companies like bitpay (biggest bitcoin payment processor) have already
> stated they will no longer accept any Bitcoin internet payments under $100,
> which you can understand means it can no longer be used for the majority of
> Internet payments. They are working on switching to Bitcoin Cash instead.
>
Yes, thanks for good description. And not every person want and can to send $100 donations and afford to lose at fees.
John Doe
see that.
And please, use the full name "Bitcoin Cash" or the shortname "BCASH"
when you are referring to that altcoin or you may confuse the casual reader.
J.
piot...@gmail.com
> Due to high fees and heavy losses to donator at Bitcoin Core (BTC) network I suggest to at Bitcoin Cash (BCH) donation address as alternative.
> Nobody want to donate 50$ and lose 40$ as fees.
For example, I estimate that currently standard (1 input, 2 outputs) Bitcoin transaction would cost 9USD and 6USD for bech32 SegWit.
W dniu czwartek, 4 stycznia 2018 14:42:31 UTC+1 użytkownik eva...@openmailbox.org napisał:
> > I want to also add that the current address publicly displayed will work
> > just fine on Bitcoin Cash, which may be useful to know.
>
> POSSIBLE: NOT
> I'm not sure that it's possible to use current Qubes address with the same private keys at Bitcoin Cash (BCH) network. I guess that this 700 is already lost, but I maybe wrong!
> Because they have address started with 3*** it's SegWit address and it's not complete with Bitcoin (BCH).
"we have switched today to a multi-signature wallet for our Qubes bitcoin fund."
from https://www.qubes-os.org/news/2016/07/13/qubes-distributed-fund/
You can also see one of outgoing transaction from donation address:
https://btc.com/a3fdc9f293862a5e91d3feabad2e259719d717bc99d0dfb65f826295be12dc7d
As "Size" is equal to "Virtual size" I would say it is not SegWit address, so it should be possible to get any Bitcoin Cash funds sent to this address.
That said, fees for "6 of 13 multisig" in Bitcoin are going to be very big.
Maybe there should be additional, non-multisig address for low amount donations to lower the cost of fees? It could be periodically sweept into secure multisig address.
--
Best regards,
Piotr Machała pm7