/r/Bitcoincash
Subscribe and get the latest Bitcoin Cash news. (BCH) brings sound money to the world. Merchants and users are empowered with low fees and reliable confirmations. The future shines brightly with unrestricted growth, global adoption, permissionless innovation, and decentralized development. All Bitcoin holders as of block 478558 are now owners of Bitcoin Cash. All Bitcoiners are welcome to join the Bitcoin Cash community as we move forward in creating sound money accessible to the whole world.
What is Bitcoin Cash?
Bitcoin Cash (BCH) brings sound money to the world. Merchants and users are empowered with low fees and reliable confirmations. The future shines brightly with unrestricted growth, global adoption, permissionless innovation, and decentralized development. All Bitcoiners are welcome to join the Bitcoin Cash (BCH) community as we move forward in creating sound money accessible to the whole world.
Bitcoin Discussion
/r/BitcoinCash is for discussion focused on Bitcoin Cash (BCH) news, information, and development! For general Bitcoin discussion please continue to use /r/btc.
Bitcoin Cash (BCH) websites
Bitcoin Wallets
Bitcoin Exchanges
Blockchain Explorers
Development
Additional Resources
Bitcoin Merchants & Spending
Bitcoin Tipping
Subreddit Rules to Remember
/r/Bitcoincash
October has been a busy month for NanoGPT. We've added a lot of new features and improvements. Here's an overview of everything that's happened.
(Also, read the blog in original format on our blog)
A lot of text models have been added. Grok, the model that Twitter/X uses, was a much-requested model and we've now got access to it. The Claude 3.5 Sonnet upgrade was a surprise but a welcome one, most of our users report it being a large improvement particularly in terms of coding skills. Meta released Llama 3.2 Medium which significantly improves on Llama 3.1 while being cheaper at the same time.
Following many requests for roleplaying and storytelling models we added a whole range of models that are less censored and more tailored towards this specific purpose. WizardLM, Lumimaid, Magnum and EVA Qwen 2.5 are all models that are more open to generating content that is more creative and quite uncensored, and these along with a few more have been added to a new "Roleplay/Storytelling" category.
It was a good month for image models. Ideogram V2 and Ideogram V2 Turbo scored very high on the image model rankings and we were requested to add these particularly for how good they are at putting text in images.
That said, Ideogram, according to most, got overtaken by Flux Pro V1.1 Pro when it came out. Flux Pro V1.1 is an upgrade over Flux Pro which was already a great model, and now generates faster, at lower cost, with better quality. It topped the leaderboards for a few days and it's a model that we had a lot of fun with right away.
The original Stable Diffusion models saw a big upgrade as well with the release of Stable Diffusion 3.5 Large and Stable Diffusion 3.5 Turbo . These are Stability's strongest models yet and are very efficient, but frankly are not the models we would recommend most use.
This became even more true with the release of Recraft V3. Recraft V3 crushed the leaderboards and is now our default and recommended image model. It does text in images perfectly most of the times, has a lot of variety in styles to use, is very fast and priced the same as Flux Pro V1.1. All the images in this post were generated with Recraft V3 with zero manual edits.
All in all we're constantly impressed with the quality of image models that are being released, we're happy to support them all on NanoGPT and we're looking forward to seeing what comes next. It really feels as if we're reaching a point where these image models are perfect, but we're also half expecting to see even better models next month again.
Our aim has always been to provide access to AI text and image models to everyone, and we're happy to say that we've now added support for a lot of different payment methods to make this a reality.
The majority of the world uses credit cards for online payments, and we now support them for all those that don't have crypto. Previously it used to be the case that our users would invite friends and family to NanoGPT using crypto, but then those friends and family would be unable to add funds after that initial gift. We're happy to open up to more people this way, though we offer a discount in crypto since we believe it's a better payment method.
We've also expanded our support for crypto payment methods. A privacy-oriented service like ours is a natural match for Monero, and Monero was the most requested coin to be added to NanoGPT. We've added Monero via BTCPayServer which we want to give a shout out to, they're a great service and make it very easy to implement more crypto payment methods.
In the same vein we've added Litecoin. Litecoin is the most used payment method on many services as BitPay often reports, and it's an OG in terms of doing payments in crypto.
Finally we've added Dash. Dash is focused on making payments in crypto easy with instant confirmations and low fees, and the community truly cares about it being used as a payment method rather than just speculation.
Starting next month we intend to release usage statistics similar to what BitPay does so that users can see how much the different cryptocurrencies are used. If other services are interested in details on how we implemented these different coins and on how they can do the same we're happy to share. The end-goal is a circular economy where more people can earn crypto and spend crypto without having to go through centralized providers, and we can only get there together.
We released our blog this month, with an article about why we prefer payments in Nano and an article about why we use Nano as our store of value.
We also started doing podcasts since we believe they're a great way for people to get to know about nano and NanoGPT. We joined Keyword Crypto (Youtube, Spotify) to talk about Nano, NanoGPT, Bitcoin's issues and central banks. We joined Litecoin Underground to talk about us adding Litecoin, about crypto decentralization, trying out NanoGPT with Litecoin and much more. Finally we talked to Joel Valenzuela (Youtube, Twitter) about NanoGPT, privacy and censorship, CBDCs and crypto adoption.
There's also a podcast with someone from BCH coming up - would love to talk more to the BCH community so if there's some place we can chat I'd love to hear.
Last but not least, we added a bunch of small improvements.
Our Earn page has been expanded with more options. We've added Get-XNO, KarmaCall, XMRChat, Moneromarket.io, XMRBazaar, and Monezon. Suggestions for more options are always welcome, especially for BCH related ways to earn since we don't really have those yet - reach out to us.
Our image model selection has been simplified. We now rank image models by their scoring on independent leaderboards and have moved some of the models into a "more" section to keep the overview clear but still give you access to all models.
Since we've seen so much usage of image generation we added more image generation features. It's now possible to customize your prompting through advanced settings, the icon next to the resolution setting. This allows you to for example set a specific style to use on Recraft V3, to add "negative prompts" ("avoid this") to many models, or to decide how much freedom to give the model in what it will create for you.
In a similar vein we simplified the text model selection. We're constantly balancing between wanting to give you access to all the models and on the other hand wanting to keep model choice simple. We're therefore now showing fewer models in the dropdown, and have moved a lot of extra models into the "roleplaying" and "more" sections. We've also added the ability to determine the visibility and categories of text models for yourself in "Settings", so that if you prefer to see Claude 3.5 Sonnet but not ChatGPT you can now easily do so.
As a final update we've made our API fully OpenAI compatible. This means that you can now swap out OpenAI for NanoGPT as your LLM provider without having to change any of your code. You keep the functionality you're used to from OpenAI, but get access to a lot of extra models.
Thanks for reading our update, thanks for using NanoGPT and for your support, and as always: more is coming.
What are your thoughts on bitcoin cash and do you think it is still a good investment compared to other digital assets?
The major question is that how BCH can reach $2500. AI predicts that it will go beyond the 2500 price mark. Do you think it can happen.
AI Based Price Forecast- https://cryptoofficiel.com/bitcoin-cash-price-prediction/
Share your opinions and thoughts.
I realise the previous update was fairly recent, but this one warrants one of its own since it's probably our biggest update so far:
Optional accounts so you never lose your balance again
The option for an account has been one of our most requested features.
Creating an account means you can log in and use your balance from any device anytime, and keep access to your balance when you clear cookies. We store only your email address with the associated Nano account. To be 100% clear: we do not store conversations or prompts, and if we start offering this option within accounts we will be very clear about it.
You can sign in with any random email, Google, or Github. You can of course also still use our service without an account.
Credit card payments
We intend to make our service available as broadly as possible.
The majority of the world does not use crypto yet, and many do use credit cards. Our service is for everyone.
By offering crypto and credit card payments + optional accounts we make access to the top text and image AIs easy and accessible. Not just for us techies here on Reddit, but also for your parents and aunt who think cookies are for eating and crypto is a scam.
There's a lot to dislike about credit card payments. We wrote a whole blog post about it, but the link gets this post removed it seems hah. They're extremely expensive, slow, and we get paid in inflationary fiat.
5% discount on crypto
The credit card downsides are why we're putting a 5% discount on all crypto payments. This will convince at least some people that pay using credit cards to look into Nano to save money.
Blog
We've added a blog to our website, with the first post being about why we prefer payments in Nano. This allows us to educate people who presumably don't know much about crypto, and we'll link to this when someone clicks "add with Nano" so that we can explain why we think it's such a great payment option.
Nano treasury
Finally and probably less popular on this subreddit but an update's an update: we intend to convert our profits to Nano.
Nano is not just a fantastic way to transfer value, we also see it as fundamentally the strongest store of value. I've written on this before (Google "Senatus Substack Store of Value" if you're interested, link gets removed), we'll also publish a blog on our reasoning soon.
Since we're profitable and need to store our profits in something, we've chosen to use Nano for it. We can't think of anything better suited to be our treasury.
As always there's more coming, but this addition feels like a big step. Next up on our improvement list is more crypto options, the ability to add files into the chat, and more and more and more.
Thanks to all of you for your support and feedback so far.
Our users are genuinely the best userbase we could have asked for. We'll keep improving and growing.
I like that bitcoin cash is not able to inflate like ethereum and other digital currencies. Bitcoin cash and bitcoin seem pretty similar, and bitcoin cash actually seems better for normal use when it comes to fees. So why won’t or why will bitcoin cash reach the same heights as bitcoin? I know overall bitcoin is still more popular, but I see that changing as more people adopt digital currency. Roughly 21 million or less coins is my reason for this. I personally believe bitcoin and bitcoin cash will become more scarce as people hold it like they would a IRA or savings account, and these less adopted currencies will skyrocket. I am hopeful for these currencies that only have a limited number of coins. Too many factors play into it for it not to increase. Becoming more adopted by young people, halvings, people dying or losing wallets, etc.