Re:Nassim Nicholas Taleb, Author of Black Swan, on Bitcoin
by 16th_hop on Tuesday January 23, 2018 @02:04PM
(#16216355)
Bitcoin cash is much closer to the original implementation by Satoshi Nakamoto. It's simply a much smaller, and IMO, cleaner codebase that just increased one parameter to achieve scaling.
Bitcoin core (what we call BTC) has many more lines of non-Satoshi code that was added to facilitate off-chain scaling.
Re:Nassim Nicholas Taleb, Author of Black Swan, on Bitcoin
by josu on Tuesday January 23, 2018 @10:03PM
(#16219989)
The thing is that Satoshi never left a roadmap, and indefinitely increasing the block size to meet demand isn't plausible. So even if bcash were to become the "real bitcoin" it would have to come up with an off-chain solution.
SegWit and Lightning are such elegant solutions that I can't really see a person as brilliant as Satoshi rejecting it.
Re:Nassim Nicholas Taleb, Author of Black Swan, on Bitcoin
by lrns_ on Thursday January 25, 2018 @08:43AM
(#16230675)
Bitcoin Cash is a non-evolving non-innovating whitepaper cult claiming to be btc because they believe btc should be exactly what was defined on a piece of paper 9 years ago, totally disregarding new/improved tech.
Re:Nassim Nicholas Taleb, Author of Black Swan, on Bitcoin
by SnowProblem on Thursday January 25, 2018 @05:57PM
(#16235533)
Not true. Bitcoin Cash supporters (including myself) just want on-chain scaling pursued. There's a lot you can do there (graphene, pruning, sharding) before resorting to off-chain scaling.
> Bitcoin Cash, which is the true bitcoin.
I see this statement repeated often, to the point of sounding like a strategy of "if you repeat a lie enough, people will believe it". Isn't Bitcoin Cash the minority result of a Bitcoin fork? Isn't the majority result by definition the true Bitcoin?