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RE: Shocking Crisis Coming to Cryptocurrency (in Sept?)

in #cryptocurrency7 years ago (edited)

MP, #trilema, Crypto Kingdom, The Most Serene Republic... Can you help me understand the connection between all of this? I have spent the little part of days digging in circles trying to wrap my head around.....................

The Real Bitcoin (aka TRB) is version 0.5.3 of Satoshi’s Bitcoin code. All the unnecessary shit Core has added since is not Bitcoin. Actually afaik (actually a presumption as I have not studied in great detail) the original protocol of Satoshi’s code has been mostly compatible with the blockchain produced by those who are running Core code, except for P2SH (pay to script hash) but that has been rarely used until henceforth SegWit is activated. In Satoshi’s Bitcoin, the P2SH transactions all pay to the same address. Any powerful miner who has found a private key that hashes to that address can spend all the P2SH (including all SegWit) transactions to themselves in Satoshi’s Bitcoin protocol. Thus at that point Core’s protocol will be forked off from Satoshi’s protocol.

IMO, make sure at the end of this you own TRB and not some “fake” SegWit or BCC altcoin (unless you are just speculating and buying low to sell high an altcoin to get more of TRB).

Crypto Kingdom is some game that has nothing to do with any of this.

P.S. To understand why TRB has more sustainable value than the copycoins, read the quote about money in my other comment post. The most productive people want TRB, and productivity is not defined to be Core’s creation of clusterfucked Mt. Box designs such as SegWit and Lightning Networks.

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