1 Level
5 Review
9 Karma
Review on Bitcoin Cash by Nathanael Ries
If you share the goals of the cypherpunks while they were theorizing and…
If you share the goals of the cypherpunks while they were theorizing and developing blockchain through the 90's and finally achieving success in 2009 with Bitcoin; if you want to use the most secure, longest chain started by Bitcoin; if you want scaling without centralization; then it doesn't get any better than Bitcoin Cash.
Pros
- The real bitcoin blockchain as defined by Satoshi's white paper is the one with the longest chain which is not offloading transactions to centralized layers (Such as centralized Lightning Network). By this definition, the Bitcoin Cash chain is now the longest, and by definition of Satoshi's whitepaper the chain that originates from his "Genesis Block" and becomes the longest chain also becomes the "definitive" bitcoin.
Cons
- There is a huge smear campaign from the centralized miners and centralized developers behind bitcoin. The bitcoin community used to be all about decentralization and replacing the current corrupt political and financial systems. Now you see the current state of the bitcoin community when they literally beg and cry out to the government to sue in an attempt to stop bitcoin cash. Sad.
