"Bitcoin Cash is centralized sockpupptery". Bitpico is now proving it true.
https://twitter.com/bitPico/status/1017514874291843072We now understand the centralized nature of #bcash $bch. It is just a UAHF (user activated hard fork) Sybil setup to force the hands of all nodes and miners in the ecosystem. Without this setup @JihanWu & @rogerkver are powerless to control their network.
Of course, a fundamental mistake is the errant premise that Bitcoin Cash somehow belongs to Jihan and Roger (see "their network" above).
Another mistake is the odd dogma that non-mining validating entities have any effect on the network itself. The only power such non-mining validating entities have is to isolate themselves from the blockchain being built. Of course, this could be a rough proxy for signaling of preference of economic power. Too bad this signaling is subject to Sybilization into meaninglessness.
Forcing the decentralized portion of the network to upgrade to a hard fork codebase via a centralized Sybil attack is nonsensical? You do realize a #bcash $bch hard fork is scheduled and they are using these nodes to force the hands of the entire network.
BitPico's 'attack' fell flat on its face due to programming errors, and they ignorantly attributed their failure to 'centralization'.
Haha. Nice try.
I'm sure we'll get to the stress test when they learn how to format a valid Bitcoin transaction.
Curtis Ellis
@KarlTheProgrmr
Jul 12
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Last I saw @bitPico software was unable to create / validate transactions according to BCH rules. They were sending / propagating transactions without the fork ID flag in the sig hash type. Then got blocked from most nodes for not being compliant and claimed centralization.
Curtis Ellis
@KarlTheProgrmr
Jul 12
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@connolly_dan and I gave them some tips though, so hopefully they will be up and testing our network soon.