As you all know, Bitcoin forked in August and the block size was increased by 8 times to create Bitcoin Cash (BCC or Bcash).. Although the purpose of creation of Bitcoin Cash is touted as slowness of Bitcoin transfers or high transaction fees, the Bitcoin community is looking for more insidious reasons behind this separation. He explained that it showed them all, that these cryptocurrencies gained a vote of trust by using the brand of Bitcoin.
The point that Weiss Ratings mentioned in his report actually highlights the elements that we should pay attention to in many respects, because many of you know but are new to Bitcoin. The fact that he does not know is that Bitcoin Cash propaganda is being made on Bitcoin.com.
So much so that when you try to buy Bitcoin from this site, you are directed to buy Bitcoin Cash, or when you enter the Bitcoin store, you can only purchase with Bitcoin Cash.
The problem here is, actually, when Alibabacoin was created, Alibaba blamed this company for using its brand equity. he can easily sue, this is not the case with Bitcoin. Since it is not affiliated with any center, there is no authority to take steps regarding this.. Thus, with Bitcoin’s naming rights, if you have enough power and your environment, you can reach a market volume worth hundreds of millions of dollars in an instant.
While this is the case, Roger Ver, CEO of Bitcoin.com and The team argues that the actual Bitcoin is Bitcoin Cash.
The fact that they have solved some of Bitcoin’s problems, the fact that Bitcoin Cash is eight times faster than Bitcoin does not make it better or true Bitcoin than Bitcoin, because Cryptocurrencies that are hundreds of times faster than Bitcoin Cash can perform transactions with different algorithms.
After giving you a brief summary, I would like to touch upon the discussions that have come to the fore in recent weeks.
Nick Szabo
Nick Szabo, who published Bit Gold in 2005 and is one of the pioneers of the Cypherpunks movement, even allegedly Satoshi Nakamoto, shared this tweet with hundreds of thousands of followers last week;
https:// twitter.com/The1Brand7/status/989449833302953984
- If you are new to Bitcoin, be aware that Bitcoin.com is in the hands of fraudsters
- This site is in the hands of scammer Roger Ver
- Bitcoin is in this site The fake version of #bcash is being promoted
Erik Voorhess
Voorhes, who CoinDesk named one of the pioneers of blockchain in 2017, is a blockchain and cryptocurrency entrepreneur as well as a blockchain and cryptocurrency entrepreneur. He had become one of the favorites of the crypto money community with his anti-establishment statements.
With the CEO of Bitcoin.com, Roger Ver, quoting the words of Voorhees, denigrating Bitcoin and highlighting Bitcoin Cash. de Voorhees got involved and credited Roger Ver;
“Roger, please stop getting support from me in your arguments that Bitcoin Cash is Bitcoin. Because Bitcoin Cash is not Bitcoin. Bitcoin, the network of the original chain generated from the genesis block. Bitcoin Cash tried to win the majority, but failed, so it’s not Bitcoin.”
Roger – please stop referencing me to back up your opinion that Bitcoin Cash is Bitcoin. it isn’t. Bitcoin is the chain originating from the genesis block with the highest accumulated proof of work. The Bitcoin Cash fork failed to gain majority, thus it is not Bitcoin.
— Erik Voorhees (@ErikVoorhees) April 27, 2018
I leave it up to you to decide whether Bitcoin or Bitcoin Cash is real Bitcoin…However, while making this decision, we need to consider the idea of being decentralized behind Bitcoin and Roger Ver’s desire to put himself at the center of Bitcoin by declaring Bitcoin Cash the real Bitcoin.