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Menampilkan postingan dengan label Smoke and Mirrors

Bitcoin Fork - Smoke Mirrors and A Game Of Poker

In this article I present the facts as I see them and leave it to you to reach your own conclusions. My opinions are my own and I encourage you to do your own due diligence . I could be wrong. It is your hard earned money. Rehashing and analysing the figures over the period of the fork it is clear now that Bitcoin Cash had a difficult birth. Looking back I am convince that it would have been highly unlikely to succeed. I think what eventually happened was planned and executed by persons unknown who clearly wanted Bitcoin Cash to succeed. The key is to analyse the available hash power and look at how it was applied. Refer here to Jimmy Song's article on how the Emergency Difficulty Adjuster  (EDA) kicked in. Before it can be activated at least 12 blocks must be mined! ( The UAHF specifications . Starting block 478557 .) The First 12 Blocks                                         ...