Bitcoin, Crypto currency, Blockchain

Bitcoins scaling debate: the last word of Satoshi Nakamoto?

4181ed5cc0ad8c86ad3d8c0c01d02597 - Bitcoins scaling debate: the last word of Satoshi Nakamoto?

The debate between Bitcoin and Bitcoin Cash in the scaling debate is justified. The approach of Bitcoin Cash, to use larger blocks, is celebrated here, from Roger Ver to as “Satoshi’s Vision”. An alleged email from Satoshi Nakamoto of 2015 is the claim in the way of this.

Despite the problems for some time with fake Twitter profiles, Twitter is the social network with the most interesting and the most passionate debates of the crypto scene. There are detailed answers on Bitcoin-critical writings, in-depth analysis of the crypto market, or passionate debates – much of which is reflected later in articles, and finds its start on Twitter.

The debates will be held at the most between supporters of Bitcoin and supporters of Bitcoin Cash. The starting point of this discussion, the scaling debate, the question of how you can work with the Bitcoin Protocol as many transactions as possible. Bitcoin Cash is a Hard Fork of Bitcoin, the answer to the scaling debate with larger blocks. Bitcoin itself remains, however, in the case of blocks with the size of a MB, but on the Off-Chain solution Lightning Network. BTC-ECHO has written about this debate in various articles.

What would Satoshi do – In search of the original Vision of Bitcoin’s inventor

Roger Ver, the most famous representative of Bitcoin Cash, stresses that the large blocks would be the Satoshi preferred solution. It is a day of formerly known as “Bitcoin Jesus” well-known entrepreneur stresses that Bitcoin Cash would be the Vision of Satoshi’s hardly passes. Representatives of this Thesis are based on a Post by Satoshi Nakamoto in the year 2010 on bitcointalk.

Before this claim of supporters of Bitcoins has been questioned. You refer in this connection to a Mail from the former Bitcoin Developer Mike Hearn from the year 2013. In a contained quote Satoshi Nakamoto describes an idea which was years later, as the Lightning Network known.

Now the debate of the representatives of the Bitcoin was fueled environment. Since the 26. June 2018 will be an entry in the bitcoin-dev mailing list from 15. August 2015 on Twitter, discussed and passed on. This entry, under the Pseudonym “Satoshi Nakamoto” with the E-Mail address is [email protected] wrote, is to show that the inventor of Bitcoin is the increase of the block size extremely skeptical. Here’s a Translation:

I have followed the current debate about the block size in the mailing list. I had hoped that the debate would dissolve and that a Fork-proposal as far as possible, consensus will be generated. With the formal Release of Bitcoin XT 0.11 A, however, is very unlikely. I am, therefore, compelled to Express my concerns about this very dangerous Fork. The developers of this would-be Bitcoins, to follow the original version of Bitcoin. But nothing could be further from the truth. As I have developed Bitcoin, I have designed it so that future Changes without the unanimous Agreement is difficult.

Bitcoin was designed in such a way that it is from the influence of a charismatic leader is protected, regardless of whether they are called Gavin Andresen, Barack Obama or Satoshi Nakamoto. As good as everyone must agree to a Change without being forced or put under pressure. By taking this Fork in the road, hurting the developers of the “original Vision”, pretending to honor them.

You can use my old pieces of writing, to claim what should have been had Bitcoin originally. I know, however, that has changed a lot since then and new Knowledge was added, which speaks to some of my earlier views. For example, I didn’t expect this with Pool Mining and its effects on the network. To make Bitcoin a competitive monetary System, and true at the same time its safety aspects, is no easy task. We should take more time to find a robust solution. I believe that we should create better incentives for the users that operate the Nodes, rather than relying simply on altruism.

If two developers to fork Bitcoin and successfully re-define what is “Bitcoin”, especially in the face of technical criticism, and with the use of populist tactics – I will have no choice than to declare the project of Bitcoin as a failure. Bitcoin should be both technically and socially robust. The current Situation is overall very unsatisfactory.

Bitcoin XT is a Bitcoin Client from the year 2015, which was developed by Mike Haern. This relied heavily on an increase in the block size and is now a Bitcoin-to-Cash network used Client.

It was in fact Satoshi Nakamoto?

From the point of view of the Bitcoin representatives is a clear Statement against Bitcoin Cash. But can you really claim that this is a message from Satoshi Nakamoto himself? Also in the Twitter discussion, there are some sceptical voices, and a factual discussion on the legitimacy of this Mail:

Be your own Satoshi – for more independent Thinking

Whether the quoted e-Mail from Satoshi or not, alone the White Paper, and the known statements of Satoshi Nakamoto show that even the founder of Bitcoin can change its Position. Accordingly, you can evaluate a single statement for or against Lightning Network on the one hand, and larger blocks, on the other hand, hardly any as a final judgment. While it is interesting to see whether, and to what had to say Satoshi to the scaling debate. The Community followed this, accordingly, is understandable, but not to all other overriding quality it should be argument.

The crypto world is decentralised and not a cult that worshipped a single White Paper! This is an important and Central document on which you must build. We can measure a crypto-currency on the success, rather than in a text.

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