BCH Tipping Bot Takes Over Telegram

Following the popularity of Tippr on Reddit and Twitter, the users of Telegram application are also capable of performing BCH microtransactions via Pepe-interfaced tipping bot

01 March 2018 1407

In January 2018 we have reported about the gaining popularity Tippr bot, which was a Bitcoin Cash tipbot for Reddit and Twitter users that allowed them to reward the content when they wanted to support the author by leaving a tip.

The technology is developing and spreading to different social services, and recently it has emerged that the similar Bitcoin Cash bot appeared in Telegram app. The bot can be found as tipmebchbot, and it has a repository on GitHub, which states that this software is highly experimental, may lead to loss of funds, and the author takes no responsibility for users' money.

BCH Tipping Bot in Telegram

The TipMeBch bot has the interface of the well-known internet meme Pepe, and is capable of performing the following commands:

/tipbch $1.23 - Send tip
/tipbch 0.0001 - Send tip (BCH)
/balance - Show your balance
/deposit - Show your deposit address (PM)
/withdraw <address> <bch amount> - Withdraw funds
/stats - Show tipping stats
/help - This help
/about - Information about the bot
/setstickerset [name] - Set sticker set for channel (pepe or none)

As it is reported by Altcoinss portal, the bot is currently at version v1.0.0 and is maintained by Andreas Brekken, a cryptocurrency developer who has been working since 2011.

At the moment of press, these are main market parameters of Bitcoin Cash:

Average price: $1 249,73
Marketcap: $21 237 239 890
24h volume: $357 983 000

Mining Bitcoin Cash Blockchain

Two Mining Pools to Gain 50% of the BCH Hashrate

Media reports that Coingeek and BMG Pool are affilated with odious Australian entrepreneur Craig Wright

18 September 2018 214

The centralization of Bitcoin Cash mining has reached a new level after only two pools - Coingeek and BMG Pool - have established control over more than 50% of the total network hash. This is reported by Trustnodes.

Bitcoin Cash Mining Pools

Earlier today, there were also reports that at some points the aggregate capacity of both pools reached 58%.

While BMG Pool directly belongs to the odious Australian entrepreneur Craig Wright, the no less scandalous Calvin Ayre, who maintains close ties with Wright, is considered the nominal owner of Coingeek.

The current situation, the media believes, does not exclude the possibility of collusion of the 51% attack on the network. In particular, in this case there is a probability of double spend of coins, which, accordingly, will force the exchange to increase the number of required transaction confirmations.

At the same time, the current situation is likely to be a demonstration of power by Craig Wright on the eve of the November upgrade of the network. As a result of disagreements between different groups of developers, it is still possible that Bitcoin Cash, which at one time split from bitcoin, will itself be split into two separate chains.

Note that the Bitcoin Cash hashrate on the whole continues to remain at a fairly low level, accounting for less than 8% of the bitcoin.