Bitcoin Cash:Bitcoin原始愿景的真正延续

Source: ElBitcoin Original Title: That Branch of Bitcoin We Call “Bitcoin Cash” Original Link:

I am convinced that Bitcoin Cash (BCH) is the best version of Bitcoin. I didn’t come to this conclusion through some religious experience or anything of the sort. After years of reflection, I remain convinced that BCH is not only consistent with Satoshi’s vision of what Bitcoin was and how it should scale, but I also believe that Satoshi’s position itself is coherent with reality (in other words, he was right).

For Satoshi Nakamoto, the technological solution described in the Bitcoin whitepaper answered the need for a decentralized and censorship-resistant payment method, and as he presented it, a network that does not depend on the goodwill of its participants, but on the economic incentive that enables honest actors to stand up to potential attackers (who we must always assume are present).

In essence, that is Bitcoin. And the security of the Bitcoin that was in Satoshi Nakamoto’s mind does not rest on a user running five non-mining nodes, but on its proof of work system (POW); that is, a Bitcoin whose decentralization is manifested in the underlying infrastructure formed by miners.

Miners, as part of this system, are reliable market agents, not because Satoshi assumed that human beings are naturally good, but because he knew that the principles of economics prevail over good intentions because they are a reflection (that we have come to know) of reality. It is clear, then, that I am not referring to the asset everyone knows by the name Bitcoin: I am not referring to Bitcoin-BTC.

The Branch of Bitcoin I Support

When I speak of Bitcoin in the terms expressed in the previous paragraphs, I am referring to the IDEA put forward under that name. An idea with a historical context that still has supporters. That idea lives on in Bitcoin Cash (BCH). Like it or not, Bitcoin-BTC maximalists, BCH is another branch of that project. It is the continuation of that vision and of the way the early bitcoiners thought.

A branch that in 2017 became a P2P network independent from Bitcoin-BTC (that is, a different cryptocurrency in terms of name) even knowing that this decision would mean rebuilding much of the infrastructure and regaining the adoption that had been achieved up to that point. But it is also a branch that values those classic ideas enough to put them into practice.

That is Bitcoin Cash (BCH), and these are the ideas I am convinced of. The vision of the Bitcoin Cash branch of the Bitcoin project is worth it to me, because I know that its approach to BCH as decentralized money that can be used worldwide as a digital payment method is what humanity will need in the medium and long term.

BTC-0.67%
BCH-2.38%
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