Crypto 360°

R/BTC hit 300,000 subscribers today!

submitted by /u/spee111
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source https://www.reddit.com/r/btc/comments/h8ppqv/rbtc_hit_300000_subscribers_today/

What exactly is the controversy regarding Bitcoin Cash, Asicboost, and Antbleed, and is it true?

I just read some old posts about Bitcoin Cash, and a totally different picture is painted of what actually happened. Though Bitcoin Cash wasn't created by Jihan Wu, or Bitmain, I read about the threats of hashpower on BTC by Bitmain. Apparently, Bitmain had an advantage called 'ASICBoost' which gave a 20% advantage to their mining farms, and this advantage didn't spread to their customers either. Apparently SegWit unintentionally took away this advantage, and this didn't make Jihan very happy. Apparently they also had something called "Antbleed" which gave Jihan backdoor control of mining machines. On top of this, I've also read that Bitmain controls a significant supply of Bitcoin Cash, and are only mining on the chain because they can still use ASICBoost. Is this all true? If so, I can't support Bitcoin Cash anymore. I want to believe that this is false, but I need evidence to prove that it is not true. Can someone help out?

submitted by /u/1MightBeAPenguin
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source https://www.reddit.com/r/btc/comments/h8p45p/what_exactly_is_the_controversy_regarding_bitcoin/