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RE: The Upcoming Bitcoin Cash (Bcash) Hardfork - I Am Very Skeptical

in #bitcoincash • 6 years ago

Like you said B cash is centralized. It doesn't hold for a lot of confidence and yes I suspect the upgrade is to enable some form of manipulation. Whatever the case all investors should be very vigilant

6 years ago in #bitcoincash by
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     6 years ago (edited)

    Centralized how exactly. Per the Bitcoin design paper and Satoshis own definitions, it is decentralized because it is a distributed network without a centralized mint or other entity to handle transaction processing.

    The Bitcoin design did not rely on 1-IP-1-Vote or users having to run their own nodes. To the contrary, Satoshi avoided both for very good reasons.

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