A Civil War coming to BCH

in #crypto6 years ago (edited)

image.png

But are the fans ready for it? Will the fans defeat these forces?

The problem:

There is huge infighting in the BCH community.

In short there two group:

Craig and NonCraig


Bitcoin Unlimited and Bitcoin ABC dislike Craig-which is kinda bad bc they are the main devs...
Sources: Too many....
And it gets worse with the miners. Jihan and many miners disliking the constant hardforks and want 1 minute blocktime.

So you might ask who supports Craig Wright?
Nchain,Coingeek, and his cult....

Nchain is like the most disgusting worse version of Blockstream. While Blockstream has conspiracy theories that sounds to dumb to be true and with no facts, Nchain acts are shown with facts. Blockstream builds stuff that you can respect.

Nchain patents so much crap that does not make sense in an opensource crypto. This patent moves I would say was giving them, more leverage for them to become a dominate power. If any node implantation wanted to be its own, Nchain might deny them and as such it pulls BCH to Nchain.
However with the two major Nodes client not full supporting them... They have to do something right?

They did and we will talk about it later in this post! But we have to talk about Coingeek because they are a major Nchain ally.

Coingeek- one of the most bias new sites I ever saw.
Calvin Ayre-is the owner of Coingeek and a pretty rich guy. He has no coding skills but alot of money.

As such Coingeek has 20% of BCH hashrate. And added with the fact that they made deals to further distance themselves form Bitmain: https://news.bitcoin.com/squire-partnership-gives-coingeek-exclusive-rights-to-10nm-asic-chip/
Craig allies are getting ready.

The cult part? IDK if they are real but they are people who think CSW is Satoshi. They kick/exclude anyone who disagrees with their ideas.
https://bitcointribune.org/2018/08/08/bitcoin-cash-creator-has-been-banned-from-the-bch-slack-group/

So how do they all connect?
Nchain is the "tech arms" and Coingeek is the funder. The "cult" is the supporters.

But what do you mean by civil war-dear writer?

The tensions are running high. Huge divide occurring. Today as of 8-16-2018 shows it:
image.png
https://twitter.com/nChainGlobal/status/1029970492927561728

What does BitcoinSV mean?
image.png

Yep Nchain has their own node client:
https://nchain.com/en/blog/bitcoin-sv-launch/

If you read this post: https://coingeek.com/statement-calvin-ayre-coingeek-bitcoin-protocol/

You can see that they are going to do a hardfork even if their is no consensus:
image.png
And even threatening for consensus :
image.png
And deny to support any changes that they disagree with. They'll just not support it lol
image.png

Miner did not agree to this but oh well.
A hardfork is gong on without the miners-the noncoingeek ones...
But hey atleast they have devs now!
Nchain is becoming to powerful in BCH.

A civil war is coming but will the BCH fans protect and keep their chain going?

Sort:  

I think it's for the benefit.

Congratulations! This post has been upvoted from the communal account, @minnowsupport, by bitmaster177 from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, someguy123, neoxian, followbtcnews, and netuoso. The goal is to help Steemit grow by supporting Minnows. Please find us at the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.

If you would like to delegate to the Minnow Support Project you can do so by clicking on the following links: 50SP, 100SP, 250SP, 500SP, 1000SP, 5000SP.
Be sure to leave at least 50SP undelegated on your account.

How do you think @sames what will happen next?

Coin Marketplace

STEEM 0.19
TRX 0.15
JST 0.029
BTC 63498.69
ETH 2645.91
USDT 1.00
SBD 2.80