Tuesday , July 27 2021

Vitalik talking about the Bitcoin Cash battle: "This is an incentive to watch."

Ethereum Co-founder Vitalik Buterin shared his thoughts about the recent distribution of Bitcoin Cash (BCH). Vitalik agreed to BCHABC's victory over SV for me from Craig Wright and described it as I pushed to watch CH. Vitalik shared his views on Bitcoin Cash for me.

What does Vitalik think about the Bitcoin Cash battle?

When Vitalik responds to a tweet by the Blockchain Emin Gün Sirer expert, Sirer refers to the point about 6 months of Bitcoin Cash hard fork planning. Vitalik and Sirer discussed how this could have a negative impact on crypto.

According to Sirer, despite price volatility and the social divisions they created, hard forks are an effective strategy. In this case, Craig S. Wright's strong attitude was enough to create important political challenges regarding technical reform.

To support Sirer's argument, Vitalik defended his views on the ideology of miners and supremacists, who he believed would influence society and provide a more peaceful environment. It remains unclear whether this ideology is a logical outcome of a system based on proof-of-work (PoW) mining, or just something related to BCH. But it turns out that Vitalik has a plan to turn Ethereum into a proof-of-stake (PoS) concept.

Some observers participated in Vitalik's view, but others stated that the peace mentioned by Vitalik was low, because there was still too much financial value. At the same time, at the other Ayni until they continue to criticize regular hard races.


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