jaegerstarr (OP)
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December 26, 2018, 10:21:35 AM |
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Hello everyone, today I am going to shed some light on how to kill the Bcash , by showing the weakness of it.
As we all know, when Wu Jihan was launching BCASH, because there was no consensus, there was no external computing power to support BCASH to the next difficulty cycle, so Jihan had to changed the white paper of BCASH, that is, adding an emergency difficulty adjustment system (EDA). This emergency difficulty adjustment system is characterized by the fact that under the condition of insufficient computing power, the mining difficulty of BCASH can be quickly reduced without having to enter the next difficulty cycle, so that BCASH can continue generating blocks. It can be seen that the real purpose of this change is to let BCASH survive in the case of low computing power.
In the infighting of ABC and SV, due to the avoidance of Jihan, the longest chain principle of Bitcoin was falsified, and checkpointing and deep reorg protection
mechanism was added to BCASH to save BCASH when it’s under the low computing power support. In this way, ABC chain can survive the 51% attack without complying the longest chain principle. It can be seen that the real purpose of this change is still to let BCASH survive in the case of low computing power.
Recently, in order to promote their "zero confirmation", BCASH has come up with a "pre-consensus" idea. In fact, Jihan is afraid that his own computing power is low. However, he is afraid that the "zero confirmation" would be under the attack of double-spending, so he tampered with the principle of free entry and exit of Bitcoin's computing power, and began conducting "political review" on miners. The miners who meet the his standards are allowed to generate a block, and as for the miners who do not meet the his political review, it doesn't matter how much power they have. Still the same, the purpose of this wonderful idea is to let BCASH survive in the case of low computing power.
Can you understand it? What Jihan wants to do is just a private currency with a POW mask. The purpose of his three-year modification of the white paper was to make BCASH survive under the attack of external computing power.
So, since BCASH is not afraid of 51% attacks, what is the weakness of BCASH? In fact, his weakness has already shown once.
Jihan has changed the consensus framework of bitcoin for his fork. Similarly, a fork of BCASH that inherits these changes can also be alive, not afraid of Jihan’s power attack. The BSV is an best representative of these weaknesses.
In fact, even if BSV is not going to fight the battle of computing power, they can live by inheriting the EDA gene, and don't have to worry about the danger of Jihan’s power attack.
Because of his short-sightedness and greed, Jihan has falsified too many parts of the consensus frameworks. He can tamper with the white paper, revitalize it under low computing power, and then boast Bcash to be a true bitcoin; the same Others can also inherit these tampering, fork the BCH, live under low computing power, and then say that they are real Bcash.
It’s the biggest lesson for Jihan. As a old saying goes, “Treating others with their own way”.If you have a mining machine, you can easily fork BCASH. Don’t be afraid of Jihan’s revenge, because your forks also have The "EDA, checkpointing, pre-consensus" mechanism, Jihan has no way to take your chain, your fork has almost no change, you can say that your chain is "authentic BCH."
As long as you fork the Jihan’s chain, use these three changes to survive, your currency in the code and consensus, there is no difference between the his chain and yours, Jihan can only tear off the his mask, and say "The only true BCH is the one I made, the consensus and the code are bullshit”.Only in this way he can retain the BCH title. Is it OK for you ?
A little bit of work, thank you all.
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