follow us on twitter . like us on facebook . follow us on instagram . subscribe to our youtube channel . announcements on telegram channel . ask urgent question ONLY . Subscribe to our reddit . Altcoins Talks Shop Shop


This is an Ad. Advertised sites are not endorsement by our Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise Here Ads bidding Bidding Open

Author Topic: How Bitcoin Cash Can Avoid the Same Mistakes as Bitcoin Core part 3  (Read 1567 times)

Offline mskumar

  • Member
  • *
  • Activity: 110
  • points:
    896
  • Karma: 0
  • No greedy No fear
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: March 16, 2022, 07:45:32 AM
    • View Profile

  • Total Badges: 12
    Badges: (View All)
    10 Posts First Post Fifth year Anniversary
In parts 1 and 2 of How Bitcoin Cash …, we uncovered the important principles of community education and clarity. Now it is time to turn our attention to one of the most obvious things that went wrong in BTC — the centralization of protocol development.
How Bitcoin Cash Can Avoid Centralization

Decentralization comes in many forms: decentralization of nodes, mining pools, wealth, and so on. One thing that was overlooked for a long time in Bitcoin BTC was that while many things were well distributed, there was only one main group of developers (Bitcoin Core).

Decentralized Development
Most of the BCH community is now well aware of this folly, and that is why we seek to have multiple independent teams of developers along with multiple full node implementations.

Miners need established, robust software they can rely on, and its important to have several choices; otherwise it means that a single group of developers essentially controls the protocol.

SOURCE:https://news.bitcoin.com/how-bitcoin-cash-can-avoid-the-same-mistakes-as-bitcoin-core-part-3/?utm_source=OneSignal%20Push&utm_medium=notification&utm_ca

Altcoins Talks - Cryptocurrency Forum


For Monthly biddings Check Here


Offline Alcor

  • Legendary
  • *
  • *
  • Activity: 2464
  • points:
    43200
  • Karma: 157
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: January 23, 2024, 03:10:54 PM
    • View Profile

  • Total Badges: 23
    Badges: (View All)
    Fifth year Anniversary Fourth year Anniversary 10 Posts
Yes, this is a very serious error for bitcoin. When bitcoin became very slow, its transactions began to hang for 200,000, and commission fees for its conduct increased enormously, the #DevelopmentTeam  for a long time was inactive, because it did not want to change anything, including its scaling. And the popularity of bitcoin because of this began to fall. The full implementation of SegWit completely did not solve this problem, and the network of lightning actually comes from outside and is not an idea of ​​developers. In fact, bitcoin lost its popularity due to the position of the #DevelopmentTeam , in which there was no pluralism of opinions.

.FX..BOX.
 
▄████████████████████████████████████████▄
███                                    ███
███                          ▄██▄      ███
███                         ▄█████▄    ███
███   ▄▄                   ▄████████▄  ███
███  ▄███▄                █████▀██████▄███
███ ███████▄             █████▀  ▀████████
█████████████▄         ▄█████      ▀██████
███████▀▀██████▄      ▄█████         ▀████
██████    ▀██████▄   ██████            ▀██
█████       ▀██████▄██████             ▄
███▀          ▀██████████              ██▄
██▀             ▀▀█████▀               ███
█▀                 ▀██▀                ███
▀ ▄                  ▀                 ███
▄██                                    ███
▀████████████████████████████████████████▀
 
INVESTING, TRADING,
LOTTERY, MARKET
PREDICTIONS.
 
              ▄▄███
        ▄▄▄██▀████
  ▄▄▄█████▀ ▄█████
▀█████▀▀ ▄███████
       ▄█████████
       ██▀██████
       ▀    ▀▀█▀


██▀▀█▄       ▄█▀
 ▀█▄ ▀█▄   ▄█▀
   ▀█▄ ▀█▄█▀
     ▀█  █▄
    ▄█▀█▄ ▀█▄
  ▄█▀   ▀█▄ ▀█▄
▄█▀       ▀█▄▄██
 
GAMEFI  ◼  NFT  ◼  DEFI  ◼  CURRENCY TRADING
CURRENCY TRADING  ◼  DEFI  ◼  NFT  ◼  GAMEFI
               │
     │      ███
     │      ███
    │     ███
███  │     ███
███ ███ ███ ███
███ ███ ███ ███
███ ███ ███ ███
███ ███ ███ ███
███ ███     │
███ ███     │
    │
 
 
.FOREX..TRADING FROM $1.
 
.READ MORE.

Offline MelchiZedek

  • Full Member
  • *
  • Activity: 246
  • points:
    799
  • Karma: 3
  • Trade Count: (0)
  • Referrals: 3
  • Last Active: August 13, 2019, 10:18:55 AM
    • View Profile

  • Total Badges: 15
    Badges: (View All)
    10 Posts First Post Fifth year Anniversary
Re: How Bitcoin Cash Can Avoid the Same Mistakes as Bitcoin Core part 3
« Reply #2 on: June 02, 2018, 02:13:08 PM »
That is very true and it hits it right on the head. To have "a single group of developers essentially controlling the protocol" is a form of centralization. But one of the major reasons for the creation of bitcoin is to do away of centralization. And if we are going to do away with centralization, then every form of centralization must be done away with.
███▌
 ▐██▌
   ███
    ▐██▌
      ███
 ███   ▐██▌                  ██
 ████    ███               ████
 █████▌   ▐██▌           █████
 ███ ███    ███        ████ ███
 ███  ▐██▌   ▐██▌    ████   ███
 ███    ███    ██ ████     ███
 ███     ▐██▌   █████       ███
 ███       ███   ▐█▌        ███
 ███        ▐██▌            ███
 ███          ███           ███
 ███           ███         ███
                 ▐██▌
                  ▐██
                    ██▌
                      ████




..DIGITAL CRYPTO.............
..WEALTH MANAGEMENT..
..PLATFORM.......................

██
██
██
██
██
██
██
██
██
██
██
██
██

██
██
██
██
██
██
██
██
██
██
██
██
██

        ▄▄████████▄▄
     ▄████████████████▄
   ▄████████████████████▄
  ███████████████▀▀  ████
 ████████████▀▀      ██████
▐████████▀▀   ▄▄     ██████▌
▐████▀▀    ▄█▀▀     ███████▌
▐████████ █▀        ███████▌
 ████████ ▄███▄   ███████
  ████████████████▄▄██████
   ▀████████████████████▀
     ▀████████████████▀
        ▀▀████████▀▀

 

ETH & ERC20 Tokens Donations: 0x2143F7146F0AadC0F9d85ea98F23273Da0e002Ab
BNB & BEP20 Tokens Donations: 0xcbDAB774B5659cB905d4db5487F9e2057b96147F
BTC Donations: bc1qjf99wr3dz9jn9fr43q28x0r50zeyxewcq8swng
BTC Tips for Moderators: 1Pz1S3d4Aiq7QE4m3MmuoUPEvKaAYbZRoG
Powered by SMFPacks Social Login Mod