an online Instagram web viewer | DMCA Request
One year ago On August 1st, we saw Bitcoin Cash came into existence after a fork from the Bitcoin blockchain supported by many Bitcoin maximalists. A widely debated topic amongst mining pools, developers and exchanges were the scaling issues that Bitcoin presented itself with its limited block sizing. SegWit a soft fork that was introduced to the Bitcoin protocol looked to solve transaction malleability. However the Bitcoin community had come to a disagreement on the block sizing change from 1mb to 2mb. This is where we saw the hardfork from Bitcoin lead to creation of Bitcoin Cash. Now over a year later on the 15th of November we will be witnessing another hard fork, but with Bitcoin Cash itself πŸ€¦πŸ»β€β™‚οΈπŸ˜Ά According to Roger Ver who is a strong advocate for BCH, there is a lot of conflict within the BCH community because of how decentralised it really is. The two competing systems that have declared war on one another are Bitcoin Cash ABC and Bitcoin Cash SV. Whats funny is that the fork originally claimed to be the true vision of what Satoshi envisioned, however there seems to be a struggle for power in the Bitcoin Cash community. As the next picture suggests, Satoshi said The longest chain is always the valid one πŸ€·πŸ»β€β™‚οΈ meaning all hard forks we witness from BTC will not be considered the true Blockchain of Bitcoin. #bitcoincash #bitcoin #btc #ethereum #ripple #xrp #neo #iota #litecoin #eos #instagood #investing #entrepreneur #digital #gold #money #cash #tokens #coins #wallstreet #debt #stocks #blockchain #technology #crypto #trader #cryptocurrencies #cryptocurrency #fx #forex

One year ago On August 1st, we saw Bitcoin Cash came into existence after a fork from the Bitcoin blockchain supported by many Bitcoin maximalists. A widely debated topic amongst mining pools, developers and exchanges were the scaling issues that Bitcoin presented itself with its limited block sizing. SegWit a soft fork that was introduced to the Bitcoin protocol looked to solve transaction malleability. However the Bitcoin community had come to a disagreement on the block sizing change from 1mb to 2mb. This is where we saw the hardfork from Bitcoin lead to creation of Bitcoin Cash. Now over a year later on the 15th of November we will be witnessing another hard fork, but with Bitcoin Cash itself 🀦🏻‍β™‚οΈπŸ˜Ά According to Roger Ver who is a strong advocate for BCH, there is a lot of conflict within the BCH community because of how decentralised it really is. The two competing systems that have declared war on one another are Bitcoin Cash ABC and Bitcoin Cash SV. What's funny is that the fork originally claimed to be the true vision of what Satoshi envisioned, however there seems to be a struggle for power in the Bitcoin Cash community. As the next picture suggests, Satoshi said" The longest chain is always the valid one" 🀷🏻‍♂️ meaning all hard forks we witness from BTC will not be considered the true Blockchain of Bitcoin. #bitcoincash #bitcoin #btc #ethereum #ripple #xrp #neo #iota #litecoin #eos #instagood #investing #entrepreneur #digital #gold #money #cash #tokens #coins #wallstreet #debt #stocks #blockchain #technology #crypto #trader #cryptocurrencies #cryptocurrency #fx #forex

55 Likes