No, of course, it won't.
It will only be a shitty bitcoin fork and probably no-one would spend some time to claim their fork balance.
Topic: Will Bitcoin FS become the official Bitcoin Chain? (Read 301 times)
What is Bitcoin FS and why we should follow something new, not tested?
Instead of finding new alternatives, we should think how to improve the real one.
Instead of finding new alternatives, we should think how to improve the real one.
FS stands for "Full Scale". It is the codename of the GoldCoin Reverse Bitcoin Hard Fork project.
As far as I figured out from the whitepaper, the fork will be executed not at the current block height
but at the very beginning, at the genesis block of Bitcoin Core.
Thus the name "Reverse Hard Fork".
Since this type of fork is unprecedented, the outcome is inpredictable.
I'm hodling some GoldCoin out of curiosity but won't sell my house to invest in more.
Things are getting nastier surrounding this fork. I think I'll just sit back now and enjoy the show.
As far as I figured out from the whitepaper, the fork will be executed not at the current block height
but at the very beginning, at the genesis block of Bitcoin Core.
Thus the name "Reverse Hard Fork".
Since this type of fork is unprecedented, the outcome is inpredictable.
I'm hodling some GoldCoin out of curiosity but won't sell my house to invest in more.
Things are getting nastier surrounding this fork. I think I'll just sit back now and enjoy the show.
Well, take a look at the literally dozens of times bitcoin has had a fork.
Have any of them become even close to becoming the "official" bitcoin chain?
So why would bitcoin FS be any different?
Is there something magical or radically different about it that will make it become the official bitcoin?
Look, I actually think people trying to figure out how to fix btcs scaling problems is a good thing.
But so far we have had half assed attempts, straight up cash grabs, or incredibly controversial changes.
BTC doesn't belong to anyone, it is open, distrubted, and transparent.
So yeah, people have the freedom to fork it if they want.
But trying to become "official" is an incredibly futile endeavor.
Have any of them become even close to becoming the "official" bitcoin chain?
So why would bitcoin FS be any different?
Is there something magical or radically different about it that will make it become the official bitcoin?
Look, I actually think people trying to figure out how to fix btcs scaling problems is a good thing.
But so far we have had half assed attempts, straight up cash grabs, or incredibly controversial changes.
BTC doesn't belong to anyone, it is open, distrubted, and transparent.
So yeah, people have the freedom to fork it if they want.
But trying to become "official" is an incredibly futile endeavor.
What does the FS stand for? Google doesn't exactly say, so it makes the whole thing more confusing. Who is behind the Bitcoin FS and what exactly do they seek to achieve with it?
I only believe Bitcoin (BTC) is the official, bitcoin of all the fork of bitcoin and claiming to be bitcoin to me is not worth it. Most garbage projects try to imitate and follow the popularity of bitcoins, exaggerated that they will replace bitcoin but all are garbage. Bitcoin-based projects without any application will soon be removed from the market.
Since Bitcoin Core can no longer scale as intended due to 1 MB blocks...
Could the coming Bitcoin FS (google) hardfork possibly become the official chain?
It's kinda funny how this new project will accomplish what bitcoin core couldn't, only time will tell is this is just another shit show to gather few dollars.Could the coming Bitcoin FS (google) hardfork possibly become the official chain?
we don't really need time. it is clear as day why coins like this keep being created!
all you need to do is take a look at some of the real projects that have something to offer. all of them without exception start from scratch and never even mention bitcoin. but "mushrooms" need a host to feed on that is why they use the name of bitcoin
The point is simple: People want faster and cheaper transactions. That's why BCH and BSV were created.
But they both have some pitfalls.
The FS (Full Scale) fork is intended to be a superset of the better features, satisfying both sides.
How it will play out, time will tell. I'm following this project just out of curiosity.
But they both have some pitfalls.
The FS (Full Scale) fork is intended to be a superset of the better features, satisfying both sides.
How it will play out, time will tell. I'm following this project just out of curiosity.
If we analyze the advanced hard forks, then in fact they did nothing useful for the main Bitcoin network, but simply gave a certain part of investors to make money and no more if we want the technology to develop the blockchain, then there is no need to conduct such events.
Since Bitcoin Core can no longer scale as intended due to 1 MB blocks...
Could the coming Bitcoin FS (google) hardfork possibly become the official chain?
It's kinda funny how this new project will accomplish what bitcoin core couldn't, only time will tell is this is just another shit show to gather few dollars. Could the coming Bitcoin FS (google) hardfork possibly become the official chain?
I'm not a fan of any bitcoin fork no matter what they are trying to fix they won't get better like bitcoin ,the one I think its close is only bitcoin cash but the rest is not on my list of altcoins ,let's wait and see what this new coin will offer
Community still decides ultimately, and I believe that Core will come up with a rather nifty yet temporary solution for the non-existent (yet) scaling problem that a lot of people have been bringing up from time to time to question the ability of the Core devs in handling bitcoin development. Also, a lot of promising fork proposals have been brought up to the table and so far, none of them proved to be the best one that solves the problem most people are bringing about, so yeah, this Bitcoin FS thing might go down that route as well.
How exactly would big blocks solve the scaling problem for bitcoin? Other forks have attempted the said approach to no avail...
Its hard to use Bitcoin because the blocks are choked down to 1 MB.
We wouldn't have so many forks if Core had not f'd up the network.
Bitcoin FS solves these problems.
We wouldn't have so many forks if Core had not f'd up the network.
Bitcoin FS solves these problems.
How exactly would big blocks solve the scaling problem for bitcoin? Other forks have attempted the said approach to no avail...
What? Another fork again? The way I am seeing it is this just a display of human nature -- that of greed and maybe some entrepreneurial as well. People wanted to copy bitcoin for their own selfish reasons and then market the same as the best solution the only one that can save bitcoin from its ultimate crash. Oh well, people can really be so creative. Anyway, let them have it if they want to because at the end of the day it is really the community that decides as a whole.
I thought there's a meaning for that "FS".
But in all serious manner, do you really think that we do need another fork coin? There's no point anymore to produce these kind of altcoins anymore. And you have the guts to ask if it will become the official bitcoin chain, come on stop joking dude!
But in all serious manner, do you really think that we do need another fork coin? There's no point anymore to produce these kind of altcoins anymore. And you have the guts to ask if it will become the official bitcoin chain, come on stop joking dude!
It makes no sense. There is no point replacing the Bitcoin chain with a much less established one.
BTW the FS fork is not a competitor against BTC but a viable alternative to the countless jerky BTC forks.
Actually, after the fork the Bitcoin chain will become the official FS chain, and not the opposite.
BTW the FS fork is not a competitor against BTC but a viable alternative to the countless jerky BTC forks.
Actually, after the fork the Bitcoin chain will become the official FS chain, and not the opposite.
of course not. it's all just pathetic attempts to compete with bitcoin. in the future developers will make technical settings and bitcoin will become better
All this forks never bring a new features or something new on market and people will never give up and will always use bitcoin because is the original coins, and the forks coins will die on future.
Community still decides ultimately, and I believe that Core will come up with a rather nifty yet temporary solution for the non-existent (yet) scaling problem that a lot of people have been bringing up from time to time to question the ability of the Core devs in handling bitcoin development. Also, a lot of promising fork proposals have been brought up to the table and so far, none of them proved to be the best one that solves the problem most people are bringing about, so yeah, this Bitcoin FS thing might go down that route as well.
How exactly would big blocks solve the scaling problem for bitcoin? Other forks have attempted the said approach to no avail...
Its hard to use Bitcoin because the blocks are choked down to 1 MB.
We wouldn't have so many forks if Core had not f'd up the network.
Bitcoin FS solves these problems.
We wouldn't have so many forks if Core had not f'd up the network.
Bitcoin FS solves these problems.
How exactly would big blocks solve the scaling problem for bitcoin? Other forks have attempted the said approach to no avail...
Another shit fork? I wasn't aware of such a thing.
We had too many forks (bch, bcsv, sbtc, btcx etc.) and i can't understand what they brought to the ecosystem besides drama to the ecosystem. Yes, people who are making this chains becoming rich or they are already rich and need a playground.
We had too many forks (bch, bcsv, sbtc, btcx etc.) and i can't understand what they brought to the ecosystem besides drama to the ecosystem. Yes, people who are making this chains becoming rich or they are already rich and need a playground.
Bitcoin Forks are harmful for bitcoin, in my opinion. If we want average people to use Bitcoin, this is certainly not helping. It's already hard to use Bitcoin for day to day payments and on top of that we have to explain what forks are and how they happen every goddamn year. No bitcoin fork will overtake bitcoin, ever, another crypto will, most likely with better technology and use.
Its hard to use Bitcoin because the blocks are choked down to 1 MB.
We wouldn't have so many forks if Core had not f'd up the network.
Bitcoin FS solves these problems.
Bitcoin Forks are harmful for bitcoin, in my opinion. If we want average people to use Bitcoin, this is certainly not helping. It's already hard to use Bitcoin for day to day payments and on top of that we have to explain what forks are and how they happen every goddamn year. No bitcoin fork will overtake bitcoin, ever, another crypto will, most likely with better technology and use.
I agree, this scenario will more likely to happen rather than a new Bitcoin fork would become the official chain, there are so many forks that happened already since the inception of Bitcoin and comparing the early days of forks were this was not an issue versus the most recent forks were hyped up by people to gain a profit out of it is a clear sign that there will be no Bitcoin fork can throw out the original one. Jump to: