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May 09, 2018, 10:55:07 PM |
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Wu along with Ver are main players in Bitcoin Cash but is the heading of the thread correct? "Wu Jihan + Roger Ver Collaboration = Bitcoin Cash". Should Zhouer or others be added to that list?
Newbies, I hope you find at least some of the information here useful.
Wu is part owner of Bitmain and according to some reports Bitmain miners (antminer and other brands) are involved in producing 70% of all Bitcoins and according to other reports his Antpool holds the largest hashrate distribution amongst mining pools and currently mines 16.4% of all Bitcoin blocks. Believe what you will. Some reports cited Wu saying he swaps ALL his mined Bitcoins for Bcash/Bitcoin Cash because he does not believe in Bitcoin (though very happy to mine it and trade it).
Ver is an early investor who purchased some Bitcoin in 2011 and then some more and then got rich. Then he invested in some startups and got more rich. Then he invested in some altcoins and got even more rich. Then he invested in creating Bitcoin Cash because he could not influence the way forward for Bitcoin and in the process of the fork added multi-millions of dollars US or more to his already rich status. Some time back when the Bitcoin team registered the domain bitcoin.org they should have added bitcoin.com too but Ver registered it after he got involved in Bitcoin and that website has conflicting and confusing information on it referring to Bitcoin Cash, Bitcoin, BCH, BTC and whatever else.
So why did they make Bcash? Well, both of these Bitcoin speculating fortunate-to-be-at-the-right-place-at-the-right-time people are extremely wealthy thanks to Bitcoin. They would be nowhere if it were not for the innovation that is Bitcoin. They are now saying the fork called Bcash or Bitcoin cash is the real Bitcoin and the bitcoin.com domain (registered by Ver) is pushing that view. There are theories as to why but in most opinions all views and road lead to greed/money/power/control in one aspect or another.
So newbies, just to make it clear, Bitcoin is Bitcoin and there is only one Bitcoin (bitcoin.org). Everything else is a fork or derivative of Bitcoin
Bitcoin Atom is not Bitcoin
Bitcoin Cash is not Bitcoin
Bitcoin Dark is not Bitcoin
Bitcoin Diamond is not Bitcoin
Bitcoin Fast is not Bitcoin
Bitcoin God is not Bitcoin
Bitcoin Gold is not Bitcoin
Bitcoin Green is not Bitcoin
Bitcoin Interest is not Bitcoin
Bitcoin Planet is not Bitcoin
Bitcoin Plus is not Bitcoin
Bitcoin Private is not Bitcoin
Bitcoin Scrypt is not Bitcoin
Bitcoin X is not Bitcoin
Bitcoin Z is not Bitcoin
If you buy BTC/Bitcoin then you need to have the appropriate wallet for it.
If you buy BCH/Bcash/Bitcoin Cash then you need to have the appropriate wallet for it.
bitcoin.org = bitcoin
bitcoin.com = bcash
Goldren Rule:
BCH is not Bitcoin
Bitcoin Cash is not Bitcoin
Bcash is not Bitcoin
BTC is Bitcoin
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