I was around during the fork wars, and I did my part. My node followed the original chain, and I sold all my BCH and #Bitcoin gold for #BTC. This might not sound like much now, but selling the forks was taking a real risk. I had to rely on my understanding to know which side would win. It wasn't obvious like it is today. Those of you who are new to the space, your time will come. Keep up with the current BIPs, run a node, and contribute to the revolution in a positive way. We need you.
Discussion
Followed.
Zapped ⚡️
Followed and ⚡️
legend!
Bitcoin is the multi variable optimum of trade offs at any given point in time. It’ll always win.
Can you expand? Interesting thought.
For example, to make global validation work, given the distances covered and current technology (latency), a 10 min tact speed is optimal to secure the system. Or, the block size is optimal for current demand. Or the difficulty is currently optimal to main security and tact speed. Based on current computing power capabilities. That’s why the fear of quantum computing attacks is a non argument. Because it’s based in today, it’ll adjust etc etc; however, messing with the local optimum, like BCH, brings the system out of balance and sacrifices speed and security.
Thank you for saving humanity.