Some interesting details around Bitcoin Independence Day: The New York Agreement and the subsequent hard fork and split into BTC and BCH was an important event in Bitcoin's history. It represents the culmination of the conflict between big and small blockers that had been going on since 2013. The situation around the threatened UASF (User Activated Soft Fork) has shown who really holds the power in the Bitcoin network. When it comes down to it, the node operators are the decisive authority. Miners secure the network, but in the end they are more like service providers for the Bitcoin network. It is also important not to forget who played what role back then. Many big names who are still active in Bitcoin actively worked against Bitcoin and the Bitcoin ethos at that time. However, the situation at the time was much more dangerous for Bitcoin than it sounds in hindsight. 80% of miners no longer supported the network and no one knew what would happen to Bitcoin Core. However, the situation also showed what dangers the Bitcoin network and the community can withstand in an emergency.

#Bitcoin #BitcoinIndependenceDay #IndependenceDay #Segwit #BCH

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BCH was/is an altcoin, NOT a hardfork

Wrong

You should have named the beast by its real name: BCH is shitcoin not altcoin 😂

I think you offended some Bcashers 😂 . Seems like someone reported it so I see this warning

Thanks mate, but these guys are spreading nonsense. Their only goal is to spread FUD and promote their shitcoin 🫣 #BCH #Bitcoin

Always remember: as soon as censorship kicks in, one is on the bad guy's heels 🤣

#Bitcoin #BCH

It was immediate, so I thought Amathyst considered BCH a bad word or something

Like it or not but Bitcoin Cash is a cryptocurrency that emerged as a result of a hard fork from Bitcoin in 2017. A hard fork is a change in the rules of a blockchain network that is not compatible with the previous version, and therefore creates a new branch of the ledger with its own currency. Bitcoin Cash was created to increase the block size limit of Bitcoin, which was seen as a bottleneck for the scalability and performance of the network. Bitcoin Cash supporters claim that it is the true continuation of the original Bitcoin vision, while Bitcoin proponents argue that it is an inferior and unnecessary alternative.

#Bitcoin #BCH

Wrong

#facts