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Acting like either one of these forks is Bitcoin is disingenuous at best. The main Bitcoin chain (Bitcoin Core) has over 95% of the hash rate and exponentially

Acting like either one of these forks is Bitcoin is disingenuous at best. The main Bitcoin chain (Bitcoin Core) has over 95% of the hash rate and exponentially more transactions. The fork of Bcash/BitcoinSV was an attempt by Chinese miners to take over the network which failed! BCH blocks aren't full because nobody is even bothering to spam the blocks. Almost no one is using the network for anything real. Look at the hash rate: https://fork.lol/pow/hashrate https://fork.lol/pow/hashrate

duskwuff 7y ago
> The fork of Bcash/BitcoinSV was an attempt by Chinese miners to take over the network which failed! Bitcoin SV isn't just a miner-driven fork; the project was created by Craig Wright, who claims (without any solid proof) to be the creator of Bitcoin. It's a complicated and bizarre political situation.
- equalarrow 7y ago
  Yah, CW is a joke. He has TrueCrypt partitions from, supposedly, Satoshi that have all of Statoshi's millions of bitcoins on it/them. He cannot (yet) decrypt any of these, but his claims of being Satoshi will be realized when he can decrypt. See?! I do have the private keys! Never mind it's 10 years later. Just thinking about that is ridiculous. CW is worth $500m and some change and that's not enough..? As for bcash, don't forget about Ver. While I get where he's coming from with having so much time and money invested in btc and such, along with wanting to have a 'cash' type coin, it's just not reality. Bcash has never stood on the solid foundation that btc has. It can't. I don't disagree with the btc people that the btc blockchain is too slow (as is) to handle massive transactions. And that being the case AND also the fact that is has not been hacked in over a decade, you just have to concede that it is what it is. It's the worlds oldest and most stable blockchain and the value is not in small transactions, but hodl. So, SV is a fraud, bcash is welcome to try its hand at massive block sizes, but will ultimate, just be a side show. I keep going back and forth between POW and POS/DPOS... Some chains to think about in regards to their governance, txn volume and throughput: Tron, Eos, and Eth, and IOTA. (I personally, think Eth is already v1 tech..). These are the guys I'm watching through 2020.
  - ShorsHammer 7y ago
    No the real red flag was trying to prove he had the keys and then using a cryptographic sleight of hand to fool a bunch of people. When this was discovered he backed away and said he won't be providing proof anymore. It wasn't even sophisticated. All he has to do is sign a few words with an early wallet and the matter would be resolved instantly. He's been caught out numerous times modifying timestamps on documents and flat out lying to deceive those with little understanding of cryptographic proofs. The man is charlatan plain and simple. https://en.bitcoin.it/wiki/Craig_Wright https://en.bitcoin.it/wiki/Craig_Wright
    - h1d 7y ago
      He thought using some billionaire called Calvin would make people pay attention to Bitcoin SV and money would solve every problem he has but apparently it didn't work that way. He tweeted he has enough assets to dump BTC down to $1000 in an poor attempt to threaten the BTC community but he now even deleted his Twitter account. If he was really Satoshi, somehow he seems to have lost most of his brain in the last 10 years.
nyanloutre 7y ago
> an attempt by Chinese miners to take over the network which failed You are missing so much of the real story. The reason Bitcoin Cash exists is that more and more people where fed up with the direction taken by the Bitcoin Core dev team (pushing alpha quality softwares as solutions)
- jraedisch 7y ago
  They would not have to change the protocol for that though. Could have just created another implementation, or better yet, contribute to one that already existed (like btcd). With their superior programming skills they would have surely become the most trusted implementation.

duskwuff 7y ago

> The fork of Bcash/BitcoinSV was an attempt by Chinese miners to take over the network which failed! Bitcoin SV isn't just a miner-driven fork; the project was created by Craig Wright, who claims (without any solid proof) to be the creator of Bitcoin. It's a complicated and bizarre political situation.

equalarrow 7y ago
Yah, CW is a joke. He has TrueCrypt partitions from, supposedly, Satoshi that have all of Statoshi's millions of bitcoins on it/them. He cannot (yet) decrypt any of these, but his claims of being Satoshi will be realized when he can decrypt. See?! I do have the private keys! Never mind it's 10 years later. Just thinking about that is ridiculous. CW is worth $500m and some change and that's not enough..? As for bcash, don't forget about Ver. While I get where he's coming from with having so much time and money invested in btc and such, along with wanting to have a 'cash' type coin, it's just not reality. Bcash has never stood on the solid foundation that btc has. It can't. I don't disagree with the btc people that the btc blockchain is too slow (as is) to handle massive transactions. And that being the case AND also the fact that is has not been hacked in over a decade, you just have to concede that it is what it is. It's the worlds oldest and most stable blockchain and the value is not in small transactions, but hodl. So, SV is a fraud, bcash is welcome to try its hand at massive block sizes, but will ultimate, just be a side show. I keep going back and forth between POW and POS/DPOS... Some chains to think about in regards to their governance, txn volume and throughput: Tron, Eos, and Eth, and IOTA. (I personally, think Eth is already v1 tech..). These are the guys I'm watching through 2020.
- ShorsHammer 7y ago
  No the real red flag was trying to prove he had the keys and then using a cryptographic sleight of hand to fool a bunch of people. When this was discovered he backed away and said he won't be providing proof anymore. It wasn't even sophisticated. All he has to do is sign a few words with an early wallet and the matter would be resolved instantly. He's been caught out numerous times modifying timestamps on documents and flat out lying to deceive those with little understanding of cryptographic proofs. The man is charlatan plain and simple. https://en.bitcoin.it/wiki/Craig_Wright https://en.bitcoin.it/wiki/Craig_Wright
  - h1d 7y ago
    He thought using some billionaire called Calvin would make people pay attention to Bitcoin SV and money would solve every problem he has but apparently it didn't work that way. He tweeted he has enough assets to dump BTC down to $1000 in an poor attempt to threaten the BTC community but he now even deleted his Twitter account. If he was really Satoshi, somehow he seems to have lost most of his brain in the last 10 years.

nyanloutre 7y ago

> an attempt by Chinese miners to take over the network which failed You are missing so much of the real story. The reason Bitcoin Cash exists is that more and more people where fed up with the direction taken by the Bitcoin Core dev team (pushing alpha quality softwares as solutions)

jraedisch 7y ago
They would not have to change the protocol for that though. Could have just created another implementation, or better yet, contribute to one that already existed (like btcd). With their superior programming skills they would have surely become the most trusted implementation.