Infighting Is Good For Bitcoin
A degree of infighting has shocked the Bitcoin community as individuals with different ideas clash over the direction in which the Bitcoin protocol should evolve (or be evolved). With the disappearance of Satoshi Nakamoto, Bitcoin has long celebrated its leaderless organization. In 2015, this lack of leadership led to a lack of direction in the Bitcoin community concerning its core protocol. There are some hard limits to Bitcoin’s growth which were coded into the cryptocurrency in its incipience. Discussion about how to program Bitcoin in the now has led to divisiveness, contempt,....
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The last decade has been good to bitcoin and other cryptocurrencies. But this growth will soon necessitate an end to community infighting. The post The Sudden, Unexpected End of Crypto Tribalism appeared first on Bitcoin Magazine.
If you spend time on social media then you’ve likely come across a number of subcultures and groups that are very active on various platforms. Among these are cryptocurrency enthusiasts and football lovers. On any given day, it is not unusual to see viral tweets from both groups, whether there is infighting within the community, […]
Coinbase CEO, Brian Armstrong, Announced that Coinbase will be Switching to Bitcoin Classic as it’s primary node implementation today, urging Coinbase users to switch as well to increase adoption — a move that is generating controversy on social media and within the bitcoin community. Regardless of mixed opinions on the matter, Coinbase’s Transition means overall increased adoption of Bitcoin Classic at a crucial time in the block size debate. Armstrong’s Announcement Topic of Contention. In the discussion on Twitter that followed the announcement, Armstrong also stated that Coinbase will....
Consultant and Bitcoin Core Developer Peter Todd has advocated changes to the cryptocurrency’s proof-of-work (PoW) algorithm as the scaling debate continues. As the prospect of a Bitcoin hard fork looms and associated “politicized” activity remains, Todd suggested “researching a PoW change” would be a “good backup plan.” With some miners threatening 51% attacks against Bitcoin, researching a PoW change is a good backup plan: https://t.co/SEZ1qlxhAH. — Peter Todd (@petertoddbtc) March 19, 2017. The ongoing infighting over how to resolve Bitcoin’s capacity woes now directly involves the....
It’s no secret that certain people in the Bitcoin community do not get along with anyone who doesn’t share their opinion. A discussion on Bitcoin Classic got out of hand on Reddit once again when user PaulCapestany started spewing hateful comments aimed at just about anyone. One Bitcoin community member has tracked down this user’s credentials, with....