How to Monitor the BCH Stress Test and Get Involved

How to Monitor the BCH Stress Test and Get Involved

It’s getting close to the Bitcoin Cash (BCH) network stress test and many BCH proponents are preparing for the occasion. BCH supporters hope to send out millions of transactions on September 1 in order to see how well miners can process all of the transactions in the mempool. Today we are going to explain a few ways for people to participate during the BCH network stress test day and how they can monitor the network action as well.

Also read: Japan Roundup: Public Companies Unveil New Mining Plan, Exchange, Token Fund

September 1st Marks the First Annual BCH Stress Test Day

On September 1st many BCH fans plan to stress test the network by sending millions of transactions over the course of the day. People have been preparing for the Bitcoin Cash network ‘Stress Test Day’ for weeks now. On August 1st BCH stress testers surpassed 687,000 transactions in one day which shattered the Bitcoin Core (BTC) network’s record by more than 180,000 transactions (tx). On September 1 BCH supporters hope to break the 687K milestone by doing a lot of spending, fanning out hundreds of transactions with stress test tools, and utilizing services like Memo.cash and tipping bots like Tippr.

How Can I Participate?

There are a few ways and tools released so people can participate with tomorrow’s stress test. The most popular tool called Scale.cash was created by the Twitter handle @SpendBCH_io which allows anyone to fan out hundreds of transactions with one single command. The Scale.cash tool explains how to use the application tomorrow, and for more insight, the BCH developer and Bitbox creator Gabriel Cardona has written a guide on how to use the tool. Users who are fluent in programming can use other tools available like the Velocity protocol which can spend BCH inputs in chains to simulate cash velocity but the tool requires a full node. Another tool people can use is Memo.cash ‘Txblaster’ bot which can also fan out BCH tips sent through the platform.

How to Monitor the BCH Stress Test and Get Involved
Scale.cash

Users can also send traditional transactions too, using tip bots like Tippr and Chaintip on their favorite social media platforms like Reddit, Github, and Twitter. With network fees around $0.003 per tx sending lots of tips to people in BCH with these bots is a breeze.

How to Monitor the BCH Stress Test and Get Involved
Txblaster bot for Memo.cash.

Furthermore, BCH supporters can spend their bitcoin cash using a large assortment of merchants, and meeting friends at BCH meetups. A lot of BCH-centric meetups are taking place across the globe to celebrate the stress test occasion and people will be spending lots of BCH in order to participate tomorrow. For example, there’s a Stress Test Day event taking place in Tokyo where BCH fans are planning on commemorating the day and monitoring the network. So essentially there are plenty of methods and tools available allowing people to get involved with the momentous day.

How to Monitor the BCH Stress Test and Get Involved
Many BCH fans will be celebrating the Stress Test Day at meetups.

How can I watch?

Many people are also going to want to watch the action taking place on the network and there are various data sites that provide unique visuals of transactions being processed in real-time. As far as the mempool (the queue of unconfirmed transactions) people can visualize the network’s unconfirmed transactions using Johoe’s Bitcoin Cash mempool statistics, which visually displays the number and size of the unconfirmed bitcoin transactions in real time. People can also monitor the BCH network tomorrow using data sites like Blockchair, Bitinfocharts, and Bitcoin.com’s daily transactions counter.

How to Monitor the BCH Stress Test and Get Involved
Txhighway.com

Then there are other bitcoin cash transaction monitoring websites that bring the action beyond simple line graphs and log charts. People can watch transactions via the 8-bit website Txhighway.com and watch the stress test transactions via small cars and trucks on a 32 lane highway. Then there’s Txstreet.com which shows BCH buses filling up alongside BTC buses filling up and people waiting a long time to board. Another site that follows along with the same style is Bitcoinsubway.cash which shows subway trains filling up with people (transactions) and the BTC side only has one car. The BCH side on Bitcoinsubway.cash has a very long train with lots of cars representing the fact that the Bitcoin Cash network processes much larger blocks.

How to Monitor the BCH Stress Test and Get Involved
Bitcoinsubway.cash

 BCH Proponents May See Very Large Blocks Processed

September 1 should be a very eventful day for Bitcoin Cash proponents and many people hope to see millions of transactions processed and maybe some extremely large blocks. So far no BCH miner has exceeded block sizes above 8MB in size and that could change tomorrow if miners decide to process much larger blocks to clear all of the transactions.

What do you think about the BCH network stress test planned for September 1? Do you plan on participating? Let us know what you think about this subject matter in the comment section below.


Images via Shutterstock, Memo.cash, Scale.cash, Txhighway.com, Bitcoinsubway.cash, Meetups.com, and Pixabay.


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The post How to Monitor the BCH Stress Test and Get Involved appeared first on Bitcoin News.

Bitcoin Cash Meetups Grow Wildly Across the Globe

Bitcoin Cash Meetups Grow Wildly Across the Globe

Over the past few months, the Bitcoin Cash (BCH) network has grown immensely as far as infrastructure support, merchant adoption, and the development of interesting on-chain applications. Another metric that’s been growing wildly is the significant increase of BCH focused meetups popping up in countries worldwide as organizers of these groups steadily push bitcoin cash adoption.

Also read: Bitcoin Markets Steady for Another Gox Dump, 16,000 Coins Moved by Trustee

Bitcoin Cash Meetups See Worldwide Growth

There are a lot of ways people can learn and support blockchain technology and cryptocurrency solutions. Some people research the subject of bitcoin and only take it so far by reading about digital currencies, and maybe participating in online forums. Then other individuals looking for a more ‘hands-on’ approach attend bitcoin-focused conferences, and meetups. These days as bitcoin cash support grows many people across the globe are organizing or attending BCH-centric meetups. Lots of individuals use the website Meetup, a group-organizing platform for a variety of interests and hobbies including cryptocurrencies.

Bitcoin Cash Meetups Grow Wildly Across the Globe

Since the inception of bitcoin cash, individuals started utilizing the Meetup platform to form BCH groups that meet on a regular schedule. Now there is a vast quantity of BCH groups meeting regularly in regions such as San Francisco, Tokyo, Boston, Seoul, London, Amsterdam, Nigeria, Kenya, Hong Kong, Toronto, Seattle, Orange County, Brazil, Malaysia, Helsinki, Beijing, Cancun, Sweden, and many more. Further, there are BCH-focused organizations like the nonprofit Bitcoin Cash Fund that helps organizers bootstrap BCH meetups worldwide.

The Bitcoin Cash Fund, @BCHMeetups, and Other Organizations Help Spread More BCH Meetups

The Bitcoin Cash Fund is a nonprofit dedicated to spreading BCH adoption on a global level as a “peer-to-peer electronic cash system,” as Satoshi Nakamoto intended. The fund sponsors another group called @BCHMeetups who can be followed on Twitter. The Twitter handle publishes posts on bitcoin cash meetups taking place in many different countries. Moreover, the group shares information on where individuals can find meetups in their area and it publishes pictures and stories from events that have already happened.

Bitcoin Cash Meetups Grow Wildly Across the Globe
People can find BCH-centric groups using events.Bitcoin.com

Some of the BCH meetups worldwide have pretty large groups that participate in the regular meetings focused on promoting bitcoin cash. For instance, the BCH Seoul meetup has 529 members, London (433), Tokyo (558), and Oslo (727), and these groups keep climbing in number. In addition to the @BCHMeetups Twitter handle, people can find BCH-centric groups using events.Bitcoin.com which displays a multitude of bitcoin cash meetups globally. As the cryptocurrency revolution grows more popular, bitcoin cash focused meetups worldwide are seeing more and more people wanting to learn about this innovative technology, or participate spreading global BCH adoption.

What do you think about BCH meetups growing in number worldwide? Do you attend a cryptocurrency focused meetup in your area? We’d like to hear your thoughts on this subject in the comments below.


Images via @BCHMeetups, Meetup.com, and events.Bitcoin.com 


Looking for a Bitcoin Cash Block Explorer? Check out Bitcoin.com’s BCH Block Explorer today to find transactions, blocks, and other important blockchain data. 

The post Bitcoin Cash Meetups Grow Wildly Across the Globe appeared first on Bitcoin News.

Meet crypto authors Michael Casey and Paul Vigna in New York next week

 A reminder that I’m going to have Paul Vigna and Michael Casey, authors of The Truth Machine, onstage with me next week at Knotel, a co-working and event space in Manhattan. I’d love for you to come. You can RSVP here and space is limited. It’s happening on February 28 at 7pm and will feature a 35-minute talk with two of the top writers in crypto. These guys literally wrote… Read More