1Hq3qfDAygvxD1cTYqJJyQuFMvdSMUhGt6 ·
Can someone explain to me the "beef" between BSV and BCH as i don't seem to understand what's happening.
United we stand ✊
Replies
1BX3efFJ5aL7xd9hhzP4794dX8fCJFNiUC (16581) ·
Seems like some limitations on bch compared to bsv... but I'm a bit new to the game to know all the details.
18BWurEs62eaKNT4S6y2VAWq69q3618RPy (2924) ·
BCH wants to take over the cash system.
BSV wants to take over the whole world.
BSV=Huge blocks
BCH=Tiny blocks
BTC=Teeny tiny block
1PHt66fLG81VvUzDc1wYwvgQarYCUXy2gp (4521) ·
Two very different visions that both want to use the name bitcoin
1KKwemSCUDZSyQ1Bs7bqfCocE5fogkpKw1 (725) ·
BCH at the time was BCH and BCHA.
under the leadership of amaury(BCHA) an arbitrary code changed was favored from a bitcoin unlimited developer (the guy with thumbholes for his sweater), despite being a hot piece of … change.
it was chosen as
1KKwemSCUDZSyQ1Bs7bqfCocE5fogkpKw1 (725) ·
a political wedge for the specific purpose of forcing Craig Wright out of development influence
The price of BCH plummeted, Amaury, at the hong kond dev meeting acted like a little … boi claimed the 'investor win'. for years the investor lost due to it
1KKwemSCUDZSyQ1Bs7bqfCocE5fogkpKw1 (725) ·
at this time, the left leaning bch community adopted all of the argumentation against big blocks, in a sad twist of fate, to support their decision to exict a human from the protocol decisuon making process.
thus they became known as 'medium blockers'
1KKwemSCUDZSyQ1Bs7bqfCocE5fogkpKw1 (725) ·
so, for destroying the 'bitcoin big block movement' by cleaving the network effect they are all shitheels.
1KKwemSCUDZSyQ1Bs7bqfCocE5fogkpKw1 (725) ·
important: the difference in the approach of BCH/BTC and BSV is that BSV will find its limits in the network, using the free market, and BCH/BTC will determine through a developer oligarchy what is 'safe' for market participants.
1KKwemSCUDZSyQ1Bs7bqfCocE5fogkpKw1 (725) ·
https://www.researchgate.net/publication/260838500_Laboratories_of_Oligarchy_How_the_Iron_Law_Extends_to_Peer_Production
these projects all go down this route.
in BTC, lukejr built the moat using BIP2, to entrench their cryptoanarchist oligarchy.
1KKwemSCUDZSyQ1Bs7bqfCocE5fogkpKw1 (725) ·
amaury was working on building the oligarchy but he hated bitcoin and wanted pay so much he quit, takes drop money scam style like a rhett shitcoin and BCH protocol development is left to anyone still around willing to be a slave to the movements' ideals.
1E5wYaMr6BYL3qHSZQ3sPqaQHvaCVoYcfh (678) ·
succint summary 👌
1Hq3qfDAygvxD1cTYqJJyQuFMvdSMUhGt6 ·
Thanks @908 for all the infos...much appropriated..didn't expect an essay but all the information is well digested. :)
1KKwemSCUDZSyQ1Bs7bqfCocE5fogkpKw1 (725) ·
You are welcome. We all supported Bitcoin XT and other upgrades... by 2017-2018 i had placed considerable effort in bringing these big blockers together under the banner of flipping BTC so I watched closely as it all was ripped apart.
19CU2sAHp4wqEoFDgvain9KhuEgwgEhe2d (3242) ·
Good old Bitcoin XT - the only implementation which supported Lighthouse.