51–57 of 57 posts
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Sounds like you’re mostly talking about trademark law here
Are you saying trademark law would help resolving forks?
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Are you saying trademark law would help resolving forks?
No, he's saying that you don't seem to understand the technology, because you only are talking about the names of the coins, which is of little importance compared to the implementation.
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> Your fork is not the same system though, everyone else considers it a different currency. The argument is whether or not 1 given currency is decentralized, not whether or not you as a human have the freedom to use any currency you want... No, everyone does not consider it a different currency, you consider it a different currency. The name changed, sure, but again, who cares? A rose by another name would smell as s…
> everyone does not consider it a different currency, you consider it a different currency. Um ok we're spreading lies now. Do you have evidence that the vast majority of people consider Bitcoin Cash and Bitcoin to be the same currency and I'm alone in considering these 2 blockchains 2 different currencies?
No, I didn't say that.
I'm saying that neither Bitcoin nor Bitcoin Cash are identical the original Bitcoin. Both have added changes, and this will be true of any blockchain that is being actively developed. In fact, to say that Bitcoin before the fork is the same coin as Bitcoin when Satoshi made it is also a bit off, because there were changes added before the fork, too.
I'm saying that saying that considering either one of these to be different from the original Bitcoin is a moot point, because any conceptualization of being the same coin doesn't really fit. The only way you could say that any variation of Bitcoin is the same coin is by saying that they build on the same blockchain, but both BTC and BCH fit that criteria.
You've focused in on the names people call the coins, which is pretty much the least important way one could say that coins are the same--implementation is far more relevant than name.
In the end, the only thing that really makes sense to say is that modern BTC and BCH are both variants of the original Bitcoin. It doesn't really make sense to say that either is the original Bitcoin, because both have introduced changes. It also doesn't make sense to say that either isn't the original Bitcoin, because they both originate on the same blockchain. The idea you're trying to apply here, that a fork means a new coin was created and the old coin continues on, just doesn't really capture the full truth of situation.
Looking at popular opinion as if that had any relation to reality is not going to help you understand what's going on here. Most people don't understand Bitcoin, so looking at the opinions of most people as if there's any truth there is pointless.
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> everyone does not consider it a different currency, you consider it a different currency. Um ok we're spreading lies now. Do you have evidence that the vast majority of people consider Bitcoin Cash and Bitcoin to be the same currency and I'm alone in considering these 2 blockchains 2 different currencies?
> Are you saying you have evidence that the vast majority of people consider Bitcoin Cash and Bitcoin to be the same currency and I'm alone in considering these 2 blockchains 2 different currencies? No, I didn't say that. I'm saying that neither Bitcoin nor Bitcoin Cash are identical the original Bitcoin. Both have added changes, and this will be true of any blockchain that is being actively developed. In fact, to sa…
How will the merchants in your world know which currency they're accepting?
The article adopts one of my preferred metaphors for the blockchain: "A blockchain is a distributed database that allows direct transactions between two parties without the need of a central authority." Which as a developer, I feel like I have a good handle on - but where I continually come up short is figuring out what I'd use such a data store for when building an application? The article starts off calling blockch…
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> Are you saying you have evidence that the vast majority of people consider Bitcoin Cash and Bitcoin to be the same currency and I'm alone in considering these 2 blockchains 2 different currencies? No, I didn't say that. I'm saying that neither Bitcoin nor Bitcoin Cash are identical the original Bitcoin. Both have added changes, and this will be true of any blockchain that is being actively developed. In fact, to sa…
I believe that the name of a currency is important so that merchants know what they're accepting. How will the merchants in your world know which currency they're accepting?
Admittedly, that's beyond the technical ability of many people, but names don't solve this problem in any way. I can pull a copy of the BCH source code, find/replace every displayed text that says "Bitcoin Cash" with "Bitcoin" but that changes nothing about the currency being exchanged.
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No, he's saying that you don't seem to understand the technology, because you only are talking about the names of the coins, which is of little importance compared to the implementation.
Sorry you've lost me. How do you differentiate between blockchains if not at least by name? How will a merchant know which currencies to accept if they have no names? When I'm trading Bitcoin for Litecoin, am I just trading the same thing for itself?
By validating the blocks against the rules you've chosen and choosing the longest valid blockchain.
> How will a merchant know which currencies to accept if they have no names?
By choosing the blockchain they agree with the rules of.
> When I'm trading Bitcoin for Litecoin, am I just trading the same thing for itself?
No, but the name isn't the important difference. The important difference is that Bitcoin proof of work uses SHA while Litecoin proof of work uses Scrypt, so the blocks of one don't validate under the rules of the other.