Bitcoin Cash Birthday
The first Bitcoin Cash block was mined exactly one year ago.. time flies so fast.
Currently there is stress test on network, they are tryign to check how will it operate while flooding with transactions .
See it live and compared to BTC here - https://txstreet.com/
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It is also UASF day!!! A day which represented that miners don't define the chain anymore. It users,miners, developers and business that do.
im aware but that would be too short news :)
UASF and Segwit2X cancelation were the two most bullish events in Bitcoin. A live show where the game theory that makes Bitcoin work plays out before your eyes. If this isn't special for you you obviously lack some understanding. Books can be written about it.
How so? I thought the "Bitcoin" project still holding up under ticker BTC used PoW still and that this was one of the main arguments for why it was the real Bitcoin. You know, "the chain with the most PoW".
Also, operators of hashing nodes (aka solominers and pools) are major businesses within the chain based ecosystem. If you think a new design based on the idea that they shouldn't have influence is viable, I'm not sure what you're smoking frankly.
UASF is only the illusion either of democracy or optionality. In practice, it provides neither; Node count is easy to spoof with sockpuppets and "backwards compatibility" in transaction quality is not a feature of secure cryptocurrencies. Hence why such features are not a part of the Bitcoin design .
Happily some rich people did 4 pump and dump cycles otherwise Bcash wouldn't even survive its first year. Let's see what this year will bring, it will be hard to keep this sinking ship afloat. Good luck scammers!
damn time does fly.
bcash
Indeed it does, especially in crypto!
Bitcoin scam birthday ;)
informative post
I like to call it "Independence day" since it's a continuation of the Bitcoin chain, but it was certainly the birthday of the fork.
It's a great feeling knowing this. Now, I can always cite this day in crypto discussions lol
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Happy birthday to Bitcoin Cash...
@kingscrown Celebrate good times :D
Bitcoin turns 9 years old....today birthday of bit coin..... Nice post..