TheGuySwann on Nostr: All you need to really understand the #Bitcoin Blocksize War & why there was a ...
All you need to really understand the #Bitcoin Blocksize War & why there was a perfectly legitimate disagreement and not some elaborate conspiracy, are these 2 facts:
1. Bcash forked, destroyed the most important balancing system of #Bitcoin (difficulty adjustment) and had to save itself with another fork almost immediately.
2. The other fork to Segwit2X that was being pushed, never produced a single block. It had an utterly basic, system-obliterating bug from the very first block it was supposed to produce. It died INSTANTLY.
If you still think the reason #Bitcoin didn't fork off is because of some evil insurance/corporate/government conspiracy, then you are blind.
It's simply because COMPETENT ENGINEERS and naive libertarian dreamers (who i can perfectly identify with) had a disagreement over an ENGINEERING problem, & only one of the three paths available retained any degree of merit or trust after being put to the most basic of tests.
Published at
2024-11-26 15:55:53Event JSON
{
"id": "bbd11933a773f05f68e9bf2c4da1545fe2279ca00327a5046239af777ded5471",
"pubkey": "b9e76546ba06456ed301d9e52bc49fa48e70a6bf2282be7a1ae72947612023dc",
"created_at": 1732636553,
"kind": 1,
"tags": [
[
"t",
"Bitcoin"
],
[
"t",
"Bitcoin"
],
[
"t",
"Bitcoin"
]
],
"content": "All you need to really understand the #Bitcoin Blocksize War \u0026 why there was a perfectly legitimate disagreement and not some elaborate conspiracy, are these 2 facts:\n\n1. Bcash forked, destroyed the most important balancing system of #Bitcoin (difficulty adjustment) and had to save itself with another fork almost immediately.\n\n2. The other fork to Segwit2X that was being pushed, never produced a single block. It had an utterly basic, system-obliterating bug from the very first block it was supposed to produce. It died INSTANTLY.\n\nIf you still think the reason #Bitcoin didn't fork off is because of some evil insurance/corporate/government conspiracy, then you are blind.\n\nIt's simply because COMPETENT ENGINEERS and naive libertarian dreamers (who i can perfectly identify with) had a disagreement over an ENGINEERING problem, \u0026 only one of the three paths available retained any degree of merit or trust after being put to the most basic of tests.\n",
"sig": "d33053c85e42e812eb5953d0af1ee66da5a5960f3a7159bfa9bbed6e40cc39e44fc3a5a3f3b04d916e0a855df9925787f708033d5ad8d359a9bf3d5db661c9e8"
}