Topic: Been SECRETLY working w/ Bushstar (ACP Inventor) on a Reverse Bitcoin Hardfork! (Read 120 times)

Well it's kind of a good project, though when I saw the name reverse hard fork I begin to wonder what it is about, because I know so well what hard fork means and also know what reverse means, so if I want to join them together, I would say that reverse hard fork is done to reverse an hard fork back to a normal coin, just like reversing bitcoin cash back to bitcoin or bitcoin gold back to bitcoin lol, I think choosing the right name is very important especially in the crypto space because it conveys what the project is all about.

I will criticize a little; I hope it'll be seen as a constructive criticism.

The term (edit: the term "reverse hard fork") is a bit strange since one may somehow expect that Bitcoin will get new features

Also some things I've noticed:
* This is not really a benefit for Bitcoin, instead Goldcoin may receive some of Bitcoin's user base. I see it as a clever marketing trick, but beware, many will simply cash out their new GLC and that's all.
* Although you advertise the 1:1 (1 GLC for each BTC), the truth is that the users will get a more diluted value because Goldcoin max supply is some 20x bigger than Bitcoin's.
* The "GLC is the ideal crypto with all the features to become what Bitcoin was meant to be originally" is incorrect and unfair. And may cause Bitcoin community's aversion against this coin (see BCHSV).
* Although you don't like the fragmentation of Bitcoin community, you seem to aim to fragment it more by attracting it to your coin.
* Increased block size was said in a good number of times that it can give more chances to a certain attack vector against the coin (I am not good enough for deeper details), still you advertise it as a great feature.
* 2 minutes block time sounds great, still, it may not be helpful for every day payments. Just imagine the queue at supermarket if everybody has to wait an average 1 minute extra for the payment. So in reality it doesn't solve the biggest problem (on-chain payments at the grocery store). I don't know what 0-conf transactions are, but they sound dangerous. On the other hand LN could/should handle this faster for Bitcoin.

I've been involved in Bitcoin forever and Goldcoin since early 2013. After asking Peter Bushnell the inventor of Advanced Check Pointing (and Creator of Feathercoin) if this was possible, we decided to proceed with him as Lead Developer.


The following video explains the concept fully: https://www.youtube.com/watch?v=pKpBXQE8r3s


The RBH codebase is now complete and the Testnet is up and running. Would love to get some feedback as we near the roll-out coming in June. Thanks in advance guys for watching and commenting!