This article was posted by /u/bitcoinsatellite on r/btc here. Once it reached frontpage it got deleted and OP was banned from r/btc and r/bitcoincash as a result.Disclaimer: I am not and have never been affiliated with any of the mentioned parties in a private or professional matter.Presumably in an attempt to smear a local competitor, Hayden Otto inadvertently publishes irrefutable on-chain proof that he excluded non-BCH retail revenue to shape the "BCH #1 in Australia" narrative.Scroll down to "Proof of exclusion" if you are tired of the drama recap.Scroll down to "TLDR" if you want a summary.RecapIn September 2019, BitcoinBCH.com started publishing so called monthly "reports" about crypto retail payments in Australia. They claimed that ~90% of Australia's crypto retail revenue is processed via their own HULA system and that ~92% of all crypto retail revenue happens in BCH.They are aggregating two data sources to come up with this claim.One is TravelByBit (TBB) who publishes their PoS transactions (BTC, LN, ETH, BNB, DASH, BCH) live on a ticker.The other source is HULA, a newly introduced POS system (BCH only) and direct competitor to TBB run by BitcoinBCH.com - the same company who created the report. Despite being on-chain their transactions are private, not published and not verifiable by third parties outside BitcoinBCH.comTwo things stood out in the "reports", noted by multiple users (including vocal BCH proponents):The non-BCH parts must have tx excluded and the report neglects to mention it (the total in their TBB analysis does not match what is reported on the TBB website.)The BCH part has outliers included (e.g. BCH city conference in September with 35x the daily average)The TBB website loads the historic tx data in the browser but hides transactions older than 7 days from being displayed, i.e. you can access more than 7 days worth of data if you understand JavaScript and can read the source code (source).Hayden Otto's reactionIn direct response to me publishing these findings on r/btc, Hayden Otto - an employee at BitcoinBCH.com and the author of the report who also happens to be a moderator of /r/BitcoinCash - banned me immediately from said sub (source).In subsequent discussion (which repeated for every monthly "report" which was flawed in the same ways as described above), Hayden responded using the same tactics:"No data was removed""The guy is straight out lying. There is guaranteed no missing tx as the data was collected directly from the source." (source)"Only data I considered non-retail was removed""I also had these data points and went through them to remove non-retail transactions, on both TravelbyBit and HULA." (source)He admits to have removed non-BCH tx by "Game Ranger" because he considers them non-retail (source). He also implies they might be involved in money laundering and that TBB might fail their AML obligations in processing Game Ranger's transactions (source).The report does not mention any data being excluded at all and he still fails to explain why several businesses that are clearly retail (e.g. restaurants, cafes, markets) had tx excluded (source)."You are too late to prove I altered the data""[...] I recorded [the data] manually from https://ift.tt/37ysng5 over the month of September. The website only shows transactions from the last 7 days and then they disappear. No way for anyone to access stats beyond that." (source)Fortunately you can, if you can read the website's source code. But you need to know a bit of JavaScript to verify it yourself, so not an ideal method to easily prove the claim of data exclusion to the public. But it laters turns out Hayden himself has found an easier way to achieve the same."The report can't be wrong because it has been audited."In response to criticism about the flawed methodology in generating the September report, BitcoinBCH.com hired an accountant from a regional Bitcoin BCH startup to "audit" the October report. This is remarkable, because not only did their reported TBB totals still not match those from the TBB site - their result was mathematically impossible. How so? No subset of TBB transaction in that month sums up to the total they reported. So even if they excluded retail transactions at will, they still must have messed up the sum (source). Why didn't their auditor notice their mistake? She said she "conducted a review based on the TravelByBit data provided to her", i.e. the data acquisition and selection process was explicitly excluded from the audit (source)."You are a 'pathetic liar', a 'desperate toll', an 'astroturf account' and 'a total dumb ass' and are 'pulling numbers out of your ass!'"Since he has already banned me from the sub he moderates, he started to resort to ad hominems (source, source, source, source).Proof of exclusionI published raw data as extracted from the TBB site after each report for comparison. Hayden responded that I made those numbers up and that I was pulling numbers out of my ass.Since he was under the impression that"The website only shows transactions from the last 7 days and then they disappear. No way for anyone to access stats beyond that." (source)he felt confident to claim that I would beunable to provide a source for the [missing] data and/or prove that that data was not already included in the report. (source)Luckily for us Hayden Otto seems to dislike his competitor TravelByBit so much that he attempted to reframe Bitcoin's RBF feature as a vulnerability specific to TBB PoS system (source).While doublespending a merchant using the TBB PoS he wanted to prove that the merchant successfully registered the purchase as complete and thus exposed that the PoS sales history of TBB's merchants are available to the public (source), in his own words:"You can literally access it from a public URL in the Web browser. There is no login or anything required, just type in the name of the merchant." (source)As of yet it is unclear if this is intentional by TBB or if Hayden Ottos followed the rules of responsible disclosure before publishing this kind of data leak.As it happens, those sale histories do not only include the merchant and time of purchases, they even include the address the funds were sent to (in case of on-chain payments).This gives us an easy method to prove that the purchases from the TBB website missing in the reports belong to a specific retail business and actually happened - something that is impossible to prove for the alleged HULA txs.In order to make it easier for you to verify it yourself, we'll focus on a single day in the dataset, September 17th, 2019 as an example:Hayden Otto's report claims 20 tx and $713.00 in total for that day (source)The TBB website listed 40 tx and a total of $1032.90 (daily summary)Pick a merchant, e.g. "The Stand Desserts"Use Hayden's "trick" to access that merchants public sale history at https://ift.tt/2rKBURJ, sort by date to find the 17th Sep 2019 and look for a transaction at 20:58 for $28. This proves that a purchase of said amount is associated with this specific retail business.Paste the associated crypto on-chain address 17MrHiRcKzCyuKPtvtn7iZhAZxydX8raU9 in a blockchain explorer of your choice, e.g like this. This proves that a transfer of funds has actually happened.I let software aggregate the TBB statistics with the public sale histories and you'll find at the bottom of this post a table with the on-chain addresses conveniently linked to blockchain explorers for our example date.The total of all 40 tx is $1032.90 instead of the $713.00 reported by Hayden. 17 tx of those have a corresponding on-chain address and thus have undeniable proof of $758.10. Of the remaining 23, 22 are on Lightning and one had no merchant history available.This is just for a single day, here is a comparison for the whole month.DescriptionTotalTBB Total$10,502TBB wo. Game Ranger$5,407TBB according to Hayden$3,737What now?The usual shills will respond in a predictive manner: The data must be fake even though its proof is on-chain, I would need to provide more data but HULA can be trusted without any proof, if you include outliers BCH comes out ahead, yada, yada.But this is not important. I am not here to convince them and this post doesn't aim to.The tx numbers we are talking about are less than 0.005% of Bitcoin's global volume. If you can increase adoption in your area by 100% by just buying 2 coffees more per day you get a rough idea about how irrelevant the numbers are in comparison.What is relevant though and what this post aims to highlight is that BitcoinBCH.com and the media outlets around news.bitcoin.com flooding you with the BCH #1 narrative are playing dirty. They feel justified because they feel that Bitcoin/Core/Blockstream is playing dirty as well. I am not here to judge that but you as a reader of this sub should be aware that this is happening and that you are the target.When BitcoinBCH.com excludes $1,000 Bitcoin tx because of high value but includes $15,000 BCH tx because they are made by "professionals", you should be sceptical.When BitcoinBCH.com excludes game developers, travel businesses or craftsmen accepting Bitcoin because they don't have a physical store but include a lawyer practice accepting BCH, you should be sceptical.When BitcoinBCH.com excludes restaurants, bars and supermarkets accepting Bitcoin and when pressed reiterate that they excluded non-retail businesses without ever explaning why a restaurant shouldn't be considered reatil, you should be sceptical.When BitcoinBCH.com claims the reports have been audited but omit that the data acquisition was not part of the audit, you should be sceptical.I expect that BitcoinBCH.com will stop removing transactions from TBB for their reports now that it has been shown that their exclusion can be provably uncovered. I also expect that HULA's BCH numbers will rise accordingly to maintain a similar difference.Hayden Otto assumed that nobody could cross-check the TBB data. He was wrong. Nobody will be able to disprove his claims when HULA's BCH numbers rise as he continues to refuse their release. You should treat his claims accordingly.As usual, do your own research and draw your own conclusion. Sorry for the long read.TLDRBitcoinBCH.com claimed no transactions were removed from the TBB dataset in their BCH #1 reports and that is impossible to prove the opposite.Hayden Otto's reveals in a double spend attempt that a TBB merchant's sale history can be accessed publicly including the merchant's on-chain addresses.This table shows 40 tx listed on the TBB site on sep 17th, including their on-chain addresses where applicable.The BitcoinBCH.com report lists only 20 tx for the same day.No.DateMerchantAssetAddressAmountTotal117 Sep 19 09:28LTD EspressoLightningUnable to find merchant history.4.504.50217 Sep 19 09:40LTD EspressoBinance CoinUnable to find merchant history.4.509.00317 Sep 19 13:22Josh's IGA Murray Bridge WestEther0x40fd53aa...b6de43c5314.6013.60417 Sep 19 13:23Nom Nom Korean EateryLightninglnbc107727...zkcqvvgklf16.0029.60517 Sep 19 13:24Nom Nom Korean EateryLightninglnbc100994...mkspwddgqw15.0044.60617 Sep 19 14:02Nom Nom Korean EateryBinance Coinbnb1w5mwu9...552thl4ru530.0074.60717 Sep 19 15:19Dollars and Sense (Fortitude Valley)Lightninglnbc134780...93cpanyxfg2.0076.60817 Sep 19 15:34Steph's CafeBinance Coinbnb124hcjy...ss3pz9y3r857.50134.10917 Sep 19 19:37The Stand DessertsBinance Coinbnb13f58s9...qqc7fxln7s18.00152.101017 Sep 19 19:59The Stand DessertsLightninglnbc575880...48cpl0z06q8.50160.601117 Sep 19 20:00The Stand DessertsLightninglnbc575770...t8spzjflym8.50169.101217 Sep 19 20:13The Stand DessertsLightninglnbc202980...lgqp5ha8f43.00172.101317 Sep 19 20:21The Stand DessertsLightninglnbc577010...decq7r4p058.50180.601417 Sep 19 20:24Fat DumplingLightninglnbc217145...9dsqpjjr6g32.10212.701517 Sep 19 20:31The Stand DessertsLightninglnbc574530...wvcpp3pcen8.50221.201617 Sep 19 20:33The Stand DessertsLightninglnbc540660...rpqpzgk8z08.00229.201717 Sep 19 20:37The Stand DessertsLightninglnbc128468...r8cqq50p5c19.00248.201817 Sep 19 20:39The Stand DessertsLightninglnbc135220...cngp2zq6q42.00250.201917 Sep 19 20:45The Stand DessertsLightninglnbc574570...atcqg738p88.50258.702017 Sep 19 20:51Fat DumplingLightninglnbc414190...8hcpg79h9a61.20319.902117 Sep 19 20:53The Stand DessertsLightninglnbc135350...krqqp3cz8z2.00321.902217 Sep 19 20:58The Stand DessertsBitcoin17MrHiRcKz...ZxydX8raU928.00349.902317 Sep 19 21:02The Stand DessertsBitcoin1Hwy8hCBff...iEh5fBsCWK10.00359.902417 Sep 19 21:03The Stand DessertsLightninglnbc743810...dvqqnuunjq11.00370.902517 Sep 19 21:04The Stand DessertsLightninglnbc114952...2vqpclm87p17.00387.902617 Sep 19 21:10The Stand DessertsLightninglnbc169160...lpqqqt574c2.50390.402717 Sep 19 21:11The Stand DessertsLightninglnbc575150...40qq9yuqmy8.50398.902817 Sep 19 21:13The Stand DessertsLightninglnbc947370...qjcp3unr3314.00412.902917 Sep 19 21:15The Stand DessertsBinance Coinbnb1tc2vva...xppes5t7d016.00428.903017 Sep 19 21:16GiardinettoBinance Coinbnb1auyep2...w64p6a6dlk350.00778.903117 Sep 19 21:25The Stand DessertsBCH3H2iJaKNXH...5sxPk3t2tV7.00785.903217 Sep 19 21:39The Stand DessertsBinance Coinbnb17r7x3e...avaxwumc588.00793.903317 Sep 19 21:47The Stand DessertsBCH32kuPYT1tc...uFQwgsA5ku18.00811.903417 Sep 19 21:52The Stand DessertsBCH3ELPvxtCSy...4QzvfVJsNZ36.00847.903517 Sep 19 21:56The Stand DessertsLightninglnbc677740...acsp04sjeg10.00857.903617 Sep 19 22:04The Stand DessertsBCH38b4wHg9cg...9L2WXC2BSK54.00911.903717 Sep 19 22:16The Stand DessertsBinance Coinbnb14lylhs...x6wz7kjzp518.00929.903817 Sep 19 22:21The Stand DessertsBCH3L8SK3Hr7u...F3htdSPxfL90.001019.903917 Sep 19 22:30The Stand DessertsBinance Coinbnb19w6tle...774uknv57t5.001024.904017 Sep 19 22:48The Stand DessertsBCH3Qag8c4UYg...9EYuWzGjhs8.001032.90
Submitted January 03, 2020 at 04:47AM
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