Ever wondered what the fuss about Bitcoin vs Bitcoin Cash is about? Must read!
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Holy hell, this is crazy
So I'm googling around looking for articles describing the technical differences between Bitcoin and Bitcoin Cash. Instead I find the post linked below, and it blows my mind.
Make sure to take your time and read the question as well as the two big comments below it thoroughly. Yes, they are very looong, but you won't regret it. When you're done reading, take some more time and think about the implications.
--> Informative BTC vs BCH Articles?
I would really like to hear your opinion on this. What do you think, especially regarding the recent drastic changes in BTC and BCC exchange rates?
(Please do not upvote this post - I did none of the work. Resteem it to give this more exposure.)
Its the usual "Blockstream is evil" rant that we see from polarized participants in the debate. (First long post after the introduction post.)
When that kind of mud starts being slung, I tend to lean back and not take their claims seriously. I have a few lines of communication open to different participants in development for Bitcoin.
This is just hyperbole, and it devolves into the usual rumor mill and finger-pointing nonsense.
BCH is an alt-coin, and its about as threatening as LTC was. (ironic, since LTC is accepted more places and has been around longer.)
They can ragequit-fork all they want, it doesn't change what Bitcoin is. The developers on the project know this too.
But drama is drama, and reddit is full of it. Especially on this topic.
Thank you for taking the time to read and comment @talltim! So is it actually not true what this guy claims (that BTC core is now under the sole control of one company)? I'm asking because I don't know anything about it (yet), apart from that one post I shared.
The claim isn't true because there are a lot of contributors from all over, not just with some that have an association with Blockstream. Anyone can submit code for the project, it isn't closed-source. They are trying to paint this like its some corporate takeover, which is ironic since the "New york agreement" was a closed-doors affair that no one wanted - aside for the participants.
(Core wasn't invited, either.)
I don't like those tactics, so I'm very leery of the entire SegWit2x/NYA effort. It seems to be manufactured drama for drama's sake.
Here's a very comprehensive post about the whole thing, from the developers themselves. I suggest you dive in to get a better picture of what is going on.
https://bitcoincore.org/en/2017/08/18/btc1-misleading-statements/