@Noise

@noise · 3 years ago

If the IFP in Bitcoin Cash activates, it suggests that cryptocurrencies are doomed to centralization

There are many arguments against cryptocurrencies, and this is one of them: How can it be decentralized when the developer with the GitHub repo can give themselves any number of coins, arbitrarily an...

67 likes · 19 comments · Bitcoin Cash (e11c)

(comment) Sure.

@noise 3 years ago

(comment) Great, thank you.

@noise 3 years ago

(comment) My bad! I've updated the article to: They were not the only full-node client as at the time of the fork as there were several others such as Bitcoin Unlimited, Bitcoin Classic, Bitcoin XT and Bi...

@noise 3 years ago

@noise · 3 years ago

Historical context for the Bitcoin Cash fork in November 2020

In November 15th Bitcoin Cash will have another hardfork upgrade, and there will very likely be a split between ABC and no-IFP (often referred to as the BCHN chain). This conflict didn’t come out of...

61 likes · 29 comments · Bitcoin Cash (e11c)

(comment) Link to the original article and you can translate any article you want.

@noise 3 years ago

(comment) Sure. Just include a link to the original article.

@noise 3 years ago

(comment) Thank you.

@noise 3 years ago

(comment) Be my guest, just include a link to the original article.

@noise 3 years ago

(comment) Be my guest. Just make sure to include a link to the original article.

@noise 3 years ago

(comment) Perfect, thank you.

@noise 3 years ago

(comment) Of course, as long as you link to the original article.

@noise 3 years ago

(comment) Alright, but please add a link to my original article as the source.

@noise 3 years ago

(comment) Cool thank you.

@noise 3 years ago

(comment) Sure, just link to the original article.

@noise 3 years ago

(comment) He wont get coins from the airdrop but he's hoping to get some of the coinbase reward which will not be directed to ABC. Also I'm not an American.

@noise 3 years ago

(comment) As long as you give me credit then knock yourself out.

@noise 3 years ago

(comment) No problem! You gave me credit so it's all good.

@noise 3 years ago

(comment) I typed out a response to the article here: https://read.cash/@noise/the-og-bitcoin-business-model-works-fine-ec62a251

@noise 3 years ago

@noise · 3 years ago

The OG Bitcoin business model works fine

I took a break from the insanity that is US politics and their sociopath president and relaxed by reading Tobias Ruck’s article on how Bitcon’s original business model is broken . In a nutshell he ar...

141 likes · 64 comments · Bitcoin Cash (e11c)

(comment) As your own? No.

@noise 3 years ago

(comment) Absolutely.

@noise 3 years ago

(comment) Nah man, feel free to post it yourself. You're the one to make the translation happen after all.

@noise 3 years ago

(comment) You're very welcome to!

@noise 3 years ago

@noise · 3 years ago

Busting the myth that the IFP would've prevented the Blockstream takeover

This is a narrative that some people use to justify the IFP: The lack of IFP on Bitcoin was what allowed Blockstream to derail it But not only wouldn't the IFP have prevented the Blockstream takeov...

85 likes · 35 comments · Bitcoin Cash (e11c)

@noise · 3 years ago

We must take ABC's misinformation campaign seriously

I'm currently reading the book Bad Blood: Secrets and Lies in a Silicon Valley Startup . It's an amazing story of how a Stanford dropout got this amazing idea to revolutionize the blood testing indus...

59 likes · 19 comments · Bitcoin Cash (e11c)

@noise · 3 years ago

ABC are playing chicken with the Bitcoin Cash community

In the beginning there was Bitcoin. People collaborated around Satoshi's ideals and all was good. Then people started disagreeing if Bitcoin could scale, and some forked off into Bitcon Cash to pursu...

108 likes · 34 comments · Bitcoin Cash (e11c)