‘Bitcoin Cash will never be fully independent of Bitcoin’- Says Jameson Lopp

2018-8-3 01:29

Bitcoin and Bitcoin Cash supporters have held debates on several issues related to scalability and governance.  On August 1st 2017 the hard fork that created Bitcoin Cash took place. The term hard fork, refers to the birth of a new blockchain that is no longer compatible and completely separate from the original.

The hard fork that resulting in Bitcoin Cash’s existence was originally initiated to increase the capacity limit of each block.  By increasing each block’s capacity, Bitcoin Cash was able to raise the number of transactions that can be processed to 8 MBs compared to only 1 MB of the original Bitcoin.

Jameson Lopp is a cypherpunk and cryptocurrency advocate.  He is known for building and pushing technologies that empower the decentralization movement and enhance individual people’s privacy and ability to act independently of controlling institutions.  He commented on the 1 year anniversary of the hard fork, noting that Bitcoin Cash may need to adjust its path.

Lopp tweeted, “Today Bitcoiners celebrate their independence from miner governance via UASF while Bcashers celebrate their independence from Bitcoin via miner governance. The unfortunate truth is that BCH will never be fully independent of BTC as long as it’s trying to become Bitcoin.”

Today Bitcoiners celebrate their independence from miner governance via UASF while Bcashers celebrate their independence from Bitcoin via miner governance. The unfortunate truth is that BCH will never be fully independent of BTC as long as it’s trying to become Bitcoin.

— Jameson Lopp (@lopp) August 1, 2018

Many supporters, holders and advocates of both Bitcoin or BTC and Bitcoin Cash or BCH claim to be “the original Bitcoin”. Jameson Lopp is obviously promoting the idea of Bitcoin Cash taking a more differentiated path to that of Bitcoin.  

Bitcoin has forked dozens of times since the historic Bitcoin Cash hard fork. The hard fork of August 1, 2017 inspired many others to offer a new take on Satoshi’s project, but these project must still take the best of Bitcoin to thrive going forward, while still maintaining their own identities and making their own technological advances to create a better cryptocurrency going forward.

The post ‘Bitcoin Cash will never be fully independent of Bitcoin’- Says Jameson Lopp appeared first on ZyCrypto.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Bitcoin (BTC) на Currencies.ru

$ 66866.88 (-0.10%)
Объем 24H $22.784b
Изменеия 24h: -0.53 %, 7d: 8.45 %
Cегодня L: $66031.14 - H: $67143.86
Капитализация $1317.332b Rank 1
Цена в час новости $ 7349.94 (809.76%)

bitcoin cash fork hard fully says jameson

Источник: zycrypto.com

bitcoin cash → Результатов: 126


Bitcoin Cash $BCH Takes The Spotlight While Bitcoin Battles Selling Pressure 

Bitcoin Cash ($BCH) positions itself as a user-friendly solution for daily transactions, boasting minimal fees and swift confirmations, ideal for routine purchases and micro-transactions. Despite its designed convenience, concerns are surfacing as traders exhibit Fear, Uncertainty, and Doubt (FUD) towards assets like Bitcoin Cash and Loopring, reflected in a surge […]

2024-1-25 23:15


Каковы перспективы Bitcoin Cash после роста на 140%?

На этой неделе цена Bitcoin Cash (BCH) взлетела более чем на 100%, достигнув 13-месячного пика в $235. Ключевые ончейн-метрики указывают на возможность продолжения ралли. Во вторник, 20 июня, состоялся официальный запуск EDX Markets.

2023-6-30 12:56


дальше еще 77 новостей →

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru