← Why I Sponsored BitcoinABC It's been a crazy time in the Bitcoin Cash community. As a… by @ericreid9
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← Why I Sponsored BitcoinABC It's been a crazy time in the Bitcoin Cash community. As a… by @ericreid9
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63 comments
We are all trying to figure it out together. Stay proactive and keep asking questions/making useful contributions.
Thank you! I am thinking of how people can reach this easily and understand this as a whole. More audience or more reach, the more knowledge and improvements. Thank you again sir :)
Yes sir, I am very much open to learning and developing my craft so that I can also share it to my followers. Thank you so much!
I've done a lot of research about BitcoinABC yet, this helps me a lot to fully understand it from the past background of it. Kudos to the writer. I've learn a lot from this. Now, I'm having thought of investing a huge amount in peer to peer cash since you pointed out a good future of it lol.
Thanks glad I could help a bit!
I'll share this article of yours to other blogging platform. It was really direct to the point. Every new person in crypto world must read it to fully understand it.
Thanks!
Thank you for sharing about your kind work. I really appreciate your Great work. I think you keep up your contribution. Now me also fond of BITCOIN CASH. I will try to store some bch. Also i try to buy some. I wanna invest but my amount is too short so i am waiting for much amount. I am also a student so i cannot buy more BCH at this Stage. I hope you plan gonna be success in future and never give up your contribution. I hope one day @Bitcoincash will be the top crypto in future @ericreid9 . In this read.cash @marcdemesel doing a great job.He increase the @read.cash fund too high. So read.cash doing their great job tension free. Eric your plan are also great i hope your plan gonna be success. Don’t worry. Just wait see. Bitcoin cash grow up.
Hi Eric. I finally got to this in my mountain of tabs and read it. Great article. I personally think it is unfortunate that you choose ABC (or BCHN or BCHD or whatever - it doesn't matter) as the rallying point for BCH... rather than BCH itself... because your actions and words show that you are promoting BCH. The nodes are just one piece of the ecosystem. I just want to say a few things in response which I will put in separate comments.
(specific points) 1. Stability is good to the extent that it does not become stagnancy. From where I stand, BTC did not in fact get this right - we knew at the split that BTC had taken the stagnant path. We should not let the same happen to BCH and we should also not be making wild changes that make it impossible to keep up with.
(specific points) 2. Internal conflict is also not something to avoid a priori. In the case that you judge a leader or other entity that has an influence on BCH is making choices that will seriously damage BCH's chances to reach global adoption, it's not best to just go along. Have to choose your battles though right? Additionally, good leaders encourage a constructive approach to conflict and resolution so that it does not become infighting. This is currently a weakness of BCH overall.
(specific points) 3. "Bitcoin Cash - I'm starting to question if there is truly a desire/need for peer to peer cash? I originally thought so and still think so." I like the points you bring up. I see the value to humanity as immense and the road to realizing that value as uncharted and unknowable at the current time. So yeah like you suggested - we still must be experimenting with use cases to find the way there. From my perspective, the one thing that we have to guard incredibly carefully is BCH's permissinless nature. So many of the properties that make BCH actually unique flow from that. Cheap and fast are necessary but not at all sufficient.
(specific points) 4. instant transactions Your friend needs to learn about 0 conf unless they were sending you a giant stack of cash :P But seriously regarding avalanche, it's a neat idea and might work out but it has important open questions that are unanswered. Long-standing unanswered questions like that typically point to difficult problems and especially because it is clearly touching on or even tangled up in POW and fundamental incentives, avalanche deserves a very critical eye. There are also other potential solutions to the goal of instant transactions that should be considered carefully.
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