[Jiang Zhuoer Popular Science] The difference between BCH and BTC is not just the block size

1. The difference between the Qing Dynasty and Britain is not just their powerful ships and guns.

Even if the Qing Dynasty bought the Beiyang Fleet, and on the surface had the powerful ships and guns of a modern navy, the Qing Dynasty was still the Qing Dynasty. The difference between the Qing Dynasty and Britain was that on the surface they had warships, on the deeper level they had technology, and at their core they had openness.

The difference between BCH and BTC is the same. Core kicked out Gavin, the designated successor of Satoshi Nakamoto (who advocated capacity expansion according to Satoshi Nakamoto's plan), kicked out two of the five core members (Gavin and Jeff), kicked out many developers (established XT, Classic, BU, bcoin, ABC and other versions), kicked out the little prodigy (established ETH, which ranks second in market value), and kicked out the big block faction (established BCH, which ranks third in market value).

The difference between BCH and BTC is, on the surface, large blocks vs. small blocks, but in essence it is an open and enterprising mentality vs. a stubborn and arrogant mentality.

2. When BTC and BCH face the same imperfect bugs:

【BTC】Block limitation problem :

1) Gavin and others started arguing about capacity expansion within Core in 2013;

2) Core firmly disagrees with expanding the block.
Even if it is only expanded to 2M (still a small block);
Even if SW is upgraded first and then 2M is upgraded one year later (Hong Kong consensus);
Even if the majority of the community’s computing power and companies agree (New York Consensus);
It is necessary to lock up the main chain at 1M and develop the side chain of its own company Blockstream (Blockstream is a company that makes profits from side chains).

3) Four years of bickering, fighting and mutual hostility eventually split the community in two.

【BCH】Hashrate oscillation issue :

1) The operation in August exposed the problem of computing power fluctuation;
2) A consensus was reached on modifying the difficulty adjustment algorithm in early September;
3) The first solution code was completed on September 29;
4) A consensus on the difficulty upgrade algorithm before the 2x fork was reached in early October;
5) In mid-October, three main alternatives were completed and tested and compared;
6) On October 31, the 0.16.0 hard fork version of the upgraded algorithm was released;
7) Successfully upgraded after reaching 504031 altitude in the early morning of November 14.

This is a slap in the face level comparison.
The upgrade of "DDA difficulty adjustment" has obvious effect

3. Therefore, there is no need to ask what to do if the Core is expanded

Once Core starts to expand, it will be a devastating blow to Core's legitimacy. Since expansion is right, why did they oppose it in the first place? They even opposed the community consensus of upgrading SW first and then upgrading to 2M a year later? Core has delayed the development of Bitcoin for four years, causing Bitcoin's market share to drop sharply from 90% to 50%, and even causing the community to split in two. What qualifications does Core have to continue to develop Bitcoin?

Core has kicked all the big blockers to BCH, and it is almost impossible for the remaining stubborn and arrogant people to reach a "highly consistent consensus" on capacity expansion. The result of capacity expansion is nothing more than continued quarrels and divisions - not splitting into two coins, but continuing to split users to join the BCH community .

Once the Core begins to expand, it will accelerate the collapse of the Core, just like the establishment of the Beiyang Six Towns New Army by the Qing Dynasty. The Qing Dynasty copied the European military system and spent a lot of money to establish the Beiyang Six Towns New Army, but it ended the Qing Dynasty in the Wuchang Uprising.

Even if Core is lucky enough to expand, it is just a prolongation of life, just like the Qing Dynasty buying the Beiyang Navy to prolong its life. Core is already a cancer of BTC's power centralization :

1) Core used its development power to forcibly launch UASF (euphemistically called: User Activated Soft Fork), regardless of the lack of sufficient computing power to vote in support, and forcibly activated SW, which directly led to the split of the BCH community.

2) Core assigned BIP proposal numbers to UASF, which is highly controversial and dangerous (it admitted in its own bitcoin.org announcement that UASF may lead to the loss of coins). However, it refused to assign a BIP proposal number to SW2X, which has a broad community consensus.

I don't agree with your point of view, and I swear to stop you from speaking. The power is very good and powerful. From this moment on, BTC has become a centralized currency. BTC is no longer the free currency passed down by Satoshi Nakamoto. The difference between BCH and BTC is not just the block size.

The difference between the Qing Dynasty and Britain is not just the powerful ships and guns

Welcome to follow my Weibo to get the most timely and in-depth analysis :
http://weibo.com/ltc1btc

Expansion & Bull Market Series :
November 5, 2017: [Why did my female classmate block me when I bought Bitcoin for her? ]

November 3, 2017: The value of BTC is migrating to BCH as transactions migrate

October 23, 2017: [Reminder] BTG's pre-mining of 200,000 coins is just an ICO to raise money .]

October 19, 2017: [Next stop, the real Satoshi Bitcoin] BCC

September 8, 2017: " It is not impossible for the government to ban exchanges, but it will have little impact on Bitcoin in the long run "

August 29, 2017: [ Transactions Create Wealth] Ethereum’s transaction volume has exceeded Bitcoin ’s

August 23, 2017: Those who advocate that large blocks lead to node centralization are either stupid or evil .

August 20, 2017: [The battle for BTC vs BCC computing power is actually very simple] Similar incidents have occurred many times in the history of altcoins .
August 8, 2017: " 【Weibo】From ICQ and OICQ, let's talk about the naming rights of BTC" July 24, 2017: " Interpretation of recent expansion forks such as UASF (BIP148), UAHF (BCC) "

May 25, 2017: [ Long-term currency price prediction] Talking about the fractal trend of Bitcoin ]

April 24, 2017: [ Rational Logic vs Emotional Attack] Demonstrate how to slap the Core fans in the face

April 22, 2017: " LitePool and AntPool have started voting for SW, celebrating the LTC roundtable and community consensus! "

April 20, 2017: [ Jiang Zhuoer’s Open Letter] Why haven’t I voted for LTC’s SW yet? ”

April 15, 2017: [Basic Science] A Simple Comparison between Extended Blockchain Expansion (EXTBLK) and SW

March 29, 2017:
《 【Recording + Text Outline】Huo_Bi Dajia Says "Jiang Zhuoer: Bitcoin Expansion and Its Impact on Prices" 》
" MR JIANG ZHUO ER's talk on huo_bi forum about bitcoin scaling problem "

March 14, 2017: " Dr. Chang Yong: Why do people support BU expansion and oppose Core and its SW ?"

March 9, 2017: "Why Satoshi Nakamoto is not worried about "big blocks blowing up the computers of losers" "

March 7, 2017: [The Truth] Coin holders vote: 90% of coins support large block size expansion and oppose the Core roadmap ]

February 15, 2017: " Focus Interview Interpretation: Bitcoin's important regulatory shoe has landed, and exchanges are no longer at risk of being closed or suspended from deposits "

February 10, 2017: " On the central bank's dilemma regarding Bitcoin "

February 5, 2017: " [Bitcoin Economics] Discussing the long-term impact of financing, currency lending and handling fees on currency prices "

January 13, 2017: " Happy to hear that BTCC and Huobi have stopped financing and lending, OK has reduced leverage to 1x, and all fake coins in the market have been wiped out "

January 13, 2017: " 【Basic Science】How to use a mobile wallet to safely store Bitcoin (and talk about the recent situation) "

22 November 2016:
" Why do we firmly oppose Core's soft fork segregated witness? Jiang Zhuoer, who has invested tens of millions of real money in the mining industry, will tell you the answer! "
" Why We Must Oppose Core's Segwit Soft Fork, Bitcoin Miner Jiang Zhuo'er Tells You Why! "

November 4, 2016: " Beware of Exchange Risks Under Tightened Foreign Exchange Regulation "

October 29, 2016: " Pouring cold water on Zcash - With Deep Black, does the market really need Pure Black? "

October 20, 2016: " On the Correct Approach to Bitcoin Upgrading (and Refuting ahr999's "Consensus Rules") "

October 15, 2016:
《 【Completely end the debate between soft fork and hard fork】Safe hard fork is soft fork expansion 》
" Ending the Soft/Hard Fork Debate] A Safe Hard Fork is the same as a Soft Fork "

June 26, 2016: " 4,000 yuan is the beginning of the Bitcoin bull market "

March 11, 2016: [Basic Science] Can Bitcoin support all human transactions ?
January 22, 2016: [Bitcoin faces a critical choice] We urge all holders to support the 2MB expansion .]