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Topic: Thoughts on the Bitcoin vs Bitcoin Cash Dilemia (Read 847 times)

newbie
Activity: 24
Merit: 0
September 30, 2018, 04:57:54 AM
#60
These full-blown topics will die as it does not lead to the answer that the creator of the topic wants. just like asking "think about kylie vs khloe kardashian" but hate it when people reveal it though jenner people and kardashian people .. Bitcoin and Bitcoin Cash. But few people have any bitterness about Bitcoin because of unstable prices and some bad news of dumping. Bitcoin Cash turns out stiffly I think. For the benefit of others, I started another topic in the subforum technical discussion to ask about the requirement of franky1 that Segwit is not backward compatible in this new thread. It is up to you if you believe him or not.
member
Activity: 321
Merit: 10
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN

to my mind, it is much better to use btc than any other its variations because btc remains the leader and it is the best coin ever found. to my mind, the best way is to use btc always and it will be even more popular now
full member
Activity: 714
Merit: 114
Bitcoin Cash this fork, which has its advantages, but I can not say better!
I personally support the idea more Bitcoin ! Grin

advantage of what ? i dont think that forked coins are more important than the original coins .

 bitcoincash maybe a little bit faster and cost cheaper in terms of transactions but other forked coins like bitcoin gold etherium classic , bitcoin core , bitcoin silver , etc are now becoming obsolete since people arent really interested on them .

in the meantime , bitcoin is still the best crypto coin when compared to bitcoincash or any other alternative coins and tokens out there .
full member
Activity: 546
Merit: 100
Curious to see what people's thoughts are on this topic. There is a strong side of protesters who believe BCH and Roger Ver is hurting the overall market while others support their actions.

Overall the loud banter on the topic is not progressive for the market to grow, thoughts?

BCH will never beat BTC because people won't move, let's see just right now, if btc price drops, All coins must be bleeding (except coin that has an event)
So, btc will be always at the top and people won't leave it
sr. member
Activity: 1470
Merit: 325
Curious to see what people's thoughts are on this topic. There is a strong side of protesters who believe BCH and Roger Ver is hurting the overall market while others support their actions.

Overall the loud banter on the topic is not progressive for the market to grow, thoughts?

bitcoin cash is logical result, people never, get fed up with money and power.

i even expect that the flow of ico will only stop as soon as people start to develop a hatred against it.
newbie
Activity: 154
Merit: 0
They are really desperate to be able to get more users than the impossible bitcoins after a lot of pumping in bitcoin cash and spam attacks happen in bitcoin.Most of the people shifted to bitcoin cash.
newbie
Activity: 77
Merit: 0
People complain when they lose money. What they care most about is the amount of money, not technology.
copper member
Activity: 238
Merit: 0
Bitcoin Cash this fork, which has its advantages, but I can not say better!
I personally support the idea more Bitcoin ! Grin
full member
Activity: 378
Merit: 100
Bitcoin cash can cause a lot of chaos because new people are confused where bitcoin is the original form. They are really desperate to be able to get more users than the impossible bitcoins after a lot of pumping in bitcoin cash and spam attacks happen in bitcoin. 1 year since bitcoin cash was created and it becomes a panic every month. Cool
hv_
legendary
Activity: 2534
Merit: 1055
Clean Code and Scale
The dilemma was to let split our young crypto community before reaching a teenage stage.

To not permit open and free exegesis of the one and only true white paper we have.

So now we are just into open micro competition in crypto that let most forget about to keep the FEDs in the dilemma with us!


In such a case, better go back to start again and rethink why we all are here.


Don't forget about the big picture what needs to get achieved here.
jr. member
Activity: 130
Merit: 3
No way is this true. Bitcoin and Bitcoin Cash are two different cryptos which doesnt depend on each other.If anything happened to Bitcoin Cash it will not effect bitcoin.  Cheesy
newbie
Activity: 71
Merit: 0
I thought many things about Bitcoin and believe in Bitcoin. I know it's the right reason. The community is backing it up to 100%
I have not seen any purpose in the Bitcoin cache, without guesses. Maybe someone can try to change my mind?
full member
Activity: 378
Merit: 104
I prefer bitcoin over bitcoin cash, BCH is just a fork coin of bitcoin so it has no chance to dethrone the original, only the chinese and the koreans supports bitcoin cash meanwhile bitcoin is supported wholewide so bitcoin is still the best.
We are on the same side brother, I think for me I will still choose bitcoin over any other coin, most especially when the bitcoin's price and value will be stable or should I say more stable. I think bitcoin is still and forever be the best.
hero member
Activity: 826
Merit: 502
Bitcoin cash is supposed to have came with a good features than bitcoin and with good performance than bitcoin but people love to use bitcoin and they rely more on bitcoin. Most of the people shifted to bitcoin cash but it not left bitcoin as weaker as from that time the price of bitcoin is tripled and now is also increasing with the passage of time.
legendary
Activity: 2898
Merit: 1823
at the point when bch was presented there are a considerable measure of sentiments that happened, some accept bch devastate BITCOIN and some trust bch is the following BITCOIN, for me bch is wrecking BITCOIN,

I believe it is good for Bitcoin. Because if there are dissatisfied people in the community who want bigger blocks, then there it is. Leave us in peace.

But they want more. They want Bitcoin Cash to be "the real Bitcoin". Hahaha.


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it make individuals befuddled when they need to contribute, on the grounds that a forking coin doesn't got a decent impression for the financial specialists,

? Shocked

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however since anybody can make their own coin so I don't accuse individuals to endeavor to make bch to exploit, so for me even it's not crushing Bitcoin yet it's a reasonable rivalry, yet by one means or another I don't perceive any great future in bch

Fixed that for you.
sr. member
Activity: 448
Merit: 250
at the point when bch was presented there are a considerable measure of sentiments that happened, some accept bch devastate BITCOIN and some trust bch is the following BITCOIN, for me bch is wrecking BITCOIN, it make individuals befuddled when they need to contribute, on the grounds that a forking coin doesn't got a decent impression for the financial specialists, however since anybody can make their own coin so I don't accuse individuals to endeavor to make bch to exploit, so for me even it's crushing Bitcoin yet it's a reasonable rivalry, yet by one means or another I don't perceive any great future in bch
legendary
Activity: 2898
Merit: 1823
For everyone else's benefit I started another topic in the technical discussion subforum to ask about franky1's claim that Segwit is not backwards compatible in this new thread, https://bitcointalksearch.org/topic/on-segwit-not-being-backwards-compatible-question-3670474

I believe some of franky1's posts are made to be misleading. It' up to you if you believe him or not.
sr. member
Activity: 322
Merit: 250
Bitcoin vs Bitcoin Cash :
Although i am not interested to comparing between BTC VS BCH.Because Bitcoin is favorite for everybody.But very few people little bit confused about Bitcoin price because price is not stable and some bad news working price dumping.
Bitcoin Cash turns out rigidly i think.Few days ago when i see price 900$ not it turn 1500$+ it's something bubble like that for me.
legendary
Activity: 2898
Merit: 1823
Segwit is backwards compatible with the old consensus rules it did not break anything.

segwit is not backward compatible
segwit tx's is set to be (ELI-5) invisible/ (ELI-15) not validatable by old consensus.
if you looked into it you will see terms such as what gmax named "upstream" filter nodes and LukJR calls "bridges" which is where if a old client just connects to the network and received the current block data the same way a segwit node does. it wont be understood.
a segwit node has to act as a translater and convert the chain of 2017+ into a different format specifically for the requesting node.
https://bitcoincore.org/assets/images/filtering-by-upgraded-node.svg



in short. if segwit nodes had a bug. you cannot just manually copy and paste the blockchain data from a folder to another folder for an old client and carry on. its all completely different.
so with all currnt nodes being strict core2017+ policy/rule following nodes. if core nodes did bug out they cant just downgrade to an earlier version. because the data would not have a translater.. (the translator has the flu)
EG. the 2013 levelDB event would have crashed the network if people were not able to just downgrade without a translator required.
back then they didnt need a translater so downgrading was simple.. now thats not the case. and makes the network more fragile to bug attack of a client running exact same ruleset and codebase

even the guidelines on upgrading to segwit say. if you want to run an old node, due to the network not wanting to act as translators for old clients(ban-hammer) you would personally need to download a segwit client. and white list yor old node to get accepted and then let your segwit client translate data for the old client. where by your old client treats segwit transactions as not requiring validation (funky tx's)
(image above simplifys the waffle)


imagine a system of checking passports. where in a decentralised world every passport needs checking.
segwit is set to be a diplomatic immunity holder that pretends the block creator validated them and so the decentralised consensus network do not need to check it.

I technically suck. I need to verify with the people in the technical discussion area and get back to this. Sorry. But I try. Hahaha.

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as for the 35% of the community vote.
actually you AGAIN are reading too much reddit propaganda. your nearly at the point of sounding like a scripted sheep. antpool had less power then propagandised. loads of people were screaming "china china china" when there were things like slush pool which was based in thailand. there were other pools in iceland, georgia, and multiple other countries.

No. Do not attack me for what I read. Attack the propaganda and tell me what you believe it is "propaganda". I am about to say that R is the real propagandist but that would be avoiding the debate.

Stick to the topic.

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even funnier thing.. BTCC was a big lover and advocate of segwit. they even leant one of their spokesmen over to blockstream (mow) to help promote the bilatreal split plan.. and yet ven now BTCC refuses to have confidence to put its block rewards on a segwit(BC1q) address
https://blockchain.info/block/0000000000000000000b02343a0bd93fda8be0298c1bf16d0b084c1c014d567e  oh look 13TET  .. not bc1q

You lost me here. What?

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and if 95% of the community really wanted segwit.. how come only 10% or less is actually using segwit

Are you sure? http://segwit.party/charts/#

Segwit transactions are in a steady climb. As a community more education is needed to make them see the benefits of Segwit. If only bitcoin.com helped. Roll Eyes

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again you have ignored the whole jgarzig+blockstream stuff.. just to continue the VER WU scripted kardashian distraction drama.

Because I cannot comment. I am still trying to contact some people on the story. Sorry again.

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also yea 65% opposed cores roadmap.  core should not have said "attack, lets deport the opposition". but instead compromised. so that it stayed as one network of full community support.

65% of the miners you mean who were influenced by Bitmain because Segwit activation would mean killing Bitmain's covert AsicBoost.

anyway. as for the asic boost drama
that was a whole big laughing comedy. asic boost actually helps. if veryone used it then the network becomes mor secure and hashes blocks faster and with a higher difficulty than a network that does not use it.
but by gmax screaming its a threat. now a pool can use it while the core loyalist rfuse out of loyalty to gmax drama.. and so the ones using it can build blocks faster..
imagine it this way.. GPU mining days. everyone knew ATI was fastr than geforce. but imagine if gmax said ATI is an attack by having a bettr way to hasha block. lets boycott ati.. gmax loyalists would buy geforce and hash at a slower rate. allowing an outsider to come in with an ATI farm and ovr power it..
howevr back then people wer less loyal and more decentralist and so people went for ATI which made the network stronger knowing that a GPU farmer using geforce would have no chance[/quote]

Of course it is a threat. Bitmain produces 70% of all Asic Bitcoin miners, and are applying for the patent for AsicBoost. That would kill the other miners and hurt decentralization further.

Are you really on Jihan Wu's side on this matter?

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as to you saying
"Does the direction of the network has to be what Satoshi wants? I thought it was supposed to be decentralized."
firstly its not about satoshi's wants.. he has gone.

Then is it right for Roger Ver to keep citing the Bitcoin whitepaper and also keep saying that Bitcoin Cash is Bitcoin because "Satoshi"?

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its about a feature that was built specifically to address issues of a community ivide that if used would not upgrade the network without majority support.. core AVOIDED that mechanism by first throwing out the competition. rathr than finding a majority community agreement (compromise)

No. Segwit would not activate because the miners, not the community, would not signal for it. Through the UASF, the community has spoken and the miners had to choose if to follow the community or split. They followed the community. What now?

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as to the freedom to fork off
yea i got no problem with clams(unilateral split), litecoin(zero day fork) which pretty much just grabbed the code and done their own thing on a separate network
but when it comes to the community wanting certain things happening on a certain network. throwing them off the network via double team deception(via bilateral split) so that one team gains the stronghold. and then ringfenses the pools (via Fibre) so no one outside the team can use the same tactic against them. thus turning bitcoin core network into a tyranic monarchy.. is not decentralist practice, not moral, not ethical and goes against the whole point of the world thinking "bitcoin"(2009-2013) was decentralised and uncontrollable.



It was Bitcoin Cash's decision to hard fork and not follow the consensus rules anymore. They had that choice and the community is very free to follow them. It is not Core's fault if they do not want to.

Your problem is not with Core anymore. You already split to the network you like. Your problem is to convince the community to follow you. If you want them to follow you then throw Roger Ver out, he is doing more harm.

At any rate, I like some ideas in Bitcoin Cash too. I like the expansion of the OPcodes idea, FlexTrans and yes I like the idea of bigger blocks just to see how that develops.

Are there plans for a Counterparty Cash? I believe the bigger blocks are good for it.
legendary
Activity: 4424
Merit: 4794
seems people hate the full truth coming out. so i try to inform on the bigger picture so that people can then make a more informed decision about the dramatised questions of "thoughts on cor vs cash"

because it seems when well informed. these well informed topics die out as it doesnt lead to the answer the topic creator wants. so they and their friends creat another topic of the same question.

much like asking "thoughts on kylie vs khloe kardashian" but hating it when people reveal although ones jenner and ones kardashian.. they are all part of the same family and just want people to fanboy both sides so ultimately the family control the minds of a vast population
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