Sunday, 26 August 2018

The Future of Bitcoin Cash

I'm a huge fan of BCH (inspired by good folks like Ryan X Charles, Gabriel Cardona, Roger Ver and so many others). I am committed to its success and truly believe Bitcoin Cash can and will be p2p electronic cash for the entire world.

I believe Bitcoin Cash adoption will grow in many forms, including:

  1. Fiat <> Crypto "Debit" Cards
  2. BCH Mobile Apps/Wallets & POS Systems
  3. Money Button

But this all depends on a healthy ecosystem.

That said, I'm very concerned about the dysfunction surrounding a potential chain split in November. I don't full understand it, so I've been learning and researching as much as I can.

Part of this research includes understanding the various parties, including nChain/CSW/CoinGeek/BitcoinSV, as well as Bitmain/Jihan/Roger and ABC / BU / XT / CC (whatever we're going to call Cobra Client).

All the acronyms.

It's a lot to absorb, but I'm trying to be as objective as possible, so I'm starting with what I know:

I know Roger Ver has been one of Bitcoins biggest champions over the last 8-9 years. He's done a fantastic job educating folks like me; the recent vlogs on the Bitcoin.com YouTube channel are amazing. Further, bringing Gabriel on board to build and support a strong developer community is the best thing that's happened to foster bitcoin adoption in a long time.

I know Jihan was the first person to translate the bitcoin white paper to Chinese, and has a successful mining operation which has not only supported BCH but has continued to keep the BTC network secure, despite blockstream hostilities towards Bitmain.

I know Ryan X Charles has been working around the clock to modernize payments and build a true p2p economic platform for everyone, amongst all the noise and hurdles the last couple of years.

Finally, I know Bitcoin Cash would not be here if not for Amaury/ABC.

I know very little about Craig S Wright, so I started my research there.

The earliest content I could find is CWS speaking as a Government Cyber Security Expert in 2014. Video is here:

https://www.youtube.com/watch?v=fAyWT3nljBI

The following credentials are highlighted:

  • Lecturer and Researcher, Charles Sturt University
  • Focuses on government collaboration in cyber security
  • Trains governments in cyber defense
  • 20+ years of IT-related experience

I'm curious as to what happened between 2014-2018, and how CSW went from university researcher & helping governments with cyber security to to Chief Scientist at nChain, and how they are funded.

Disclaimer: I am neutral on this topic. Just looking for more information.

submitted by /u/derrickshields
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source https://www.reddit.com/r/btc/comments/9adf5e/the_future_of_bitcoin_cash/

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