Saturday, 17 November 2018

This is both a huge win and a huge loss for BCH

So, the hash war is over...for me anyway.

As I predicted, there is no "winning" by trying to take over a community with brute force unless you win the hearts and minds of the people, which they obviously failed to do.

The only thing that came of this was a lose-lose situation.

I'm glad to see the community come together and reject this hostile takeover and attack. If you don't perceive it that way, I'm not here to try to convince you... you can see it however you like. But for many of it, it is more than clear exactly what happened.

The huge win is that Bitcoin Cash survived. We will continue with our mission to bring permissionless p2p cash to the world. We also rejected and are now ostracizing dark forces and bad actors from the ecosystem.

The huge loss is that some people's confidence are shaken badly. Users, investors, businesses, and even some of the inner community members are very upset. This is true for SV supporters as well.

But we will rebuild. We need to focus. We need stronger security algorithms to prevent 51% attack threats. We need better cooperation from those who can work with others. And we need to keep focusing aggressively on merchant adoption.

submitted by /u/jonald_fyookball
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source https://www.reddit.com/r/btc/comments/9xpwws/this_is_both_a_huge_win_and_a_huge_loss_for_bch/

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