Post
Topic
Board Altcoin Discussion
Re: BCH bleeding death?
by
Hyperme.sh
on 12/10/2017, 02:52:49 UTC
So what do you think about Bitcoin gold? Will this be the same? I can hardly believe it will be able to replace BCH. But certainly it will confuse the market again, and much more those, which are not deeply involved into the crypto market.

Changing the proof-of-work renders the coin not Bitcoin any more, as the majority of mining hardware (by hashrate) in the world suddenly can not mine it.

There’s no such thing as ASIC resistant. I had analysed Equihash in the past in these forums. I had deep discussions with @tromp and others about ASIC resistance.

Changing the proof-of-work hash means it is no longer Bitcoin. Bitcoin gold will be an altcoin and incompatible with Satoshi’s protocol, unlike BCH which afaics is the only compatible fork.

There is no possible change that could be made to proof-of-work so that proof-of-work does not become run by an oligarchy, unless you make it perpetually highly inflationary. The technical explanation is here:

https://gist.github.com/shelby3/e0c36e24344efba2d1f0d650cd94f1c7

Proof-of-work was invented by Mossad to enslave mankind. I was thinking that in 2013, but I did not know at the time that it was the Zionists who were pulling the strings. Seems every time I start writing about the Zionists, then BCT gets slammed with a DDoS attack, so I hope it doesn’t happen again.