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Cryptocurrency News Articles

Bitcoin Cash: The Original Vision of Money For The World

Dec 23, 2024 at 12:02 pm

Bitcoin Cash community member and self-described “freedom maximalist” minisatoshi has released a detailed trajectory of Bitcoin, tracing it’s path as

Bitcoin Cash: The Original Vision of Money For The World

A Bitcoin Cash community member has released a detailed trajectory of Bitcoin, tracing its path as P2P permissionless cash from 2009 to the present.

Major world powers and politicians may be investing and holding BTC, but bitcoin cash is aiming to expand and follow through on Satoshi Nakamoto's original vision: money for anyone, able to scale and work for low fees.

While Blackrock bros continue to toot their Trump-ets about a compromised, NGU coin, and MicroStrategy's Michael Saylor unbelievably posts vids that say there's “no guarantee” bitcoin's 21 million supply cap won't be changed (destroying the currency's soundness), development on BCH pushes forward in determined, relative silence — but not without enthusiasm.

After all, permissionless money for the world is just as exciting as when Satoshi Nakamoto initially floated the radical idea back in 2008. And let's make no mistake: it’s always been about payments, whether one likes it or not. And that fact has, of course, resulted in a historical schism in the Bitcoin community, and created a hard fork. On one side, the Saylor/Blackrock camp saying Bitcoin is not a currency but just a kind of digital property, and on the other, those that understand the whitepaper.

Still, even for those on board with the purely peer-to-peer (P2P) version of electronic cash that doesn't require any financial institution, 2nd layer network, or deep pockets for heavenly fees, keeping up with bitcoin cash upgrades that have preserved the pseudonymous Nakamoto's vision can be tough, especially in an online sea of grift-y, Kiyosaki fear-mongering posts and internet trolls trying to mock anyone who still wants to actually buy something with the stuff. Not everyone is in the market for a Lambo, by the way, or is transferring hundreds of thousands of dollars overseas. Some folks can barely afford shoes, and Bitcoin was supposed to be about helping them as well. Some folks want to buy a coffee, a beer, or a new winter jacket with crypto.

Minisatoshi's Upgrade History and Fork Map

Luckily, BCH community member minisatoshi has an excellent resource at the ready for anyone who wants to follow the history of bitcoin cash upgrades. And that's not all — there's also an epic and fairly exhaustive BTC fork chart for crypto historians comparing BTC to BCH.

So whether one is a fan of BCH, an absolute hater, or anything in between, minisatoshi's resources provide a unique glimpse into the trajectory of the most groundbreaking economic concept to emerge in modern history.

The Bitcoin Cash upgrade timeline was released relatively recently and comes ahead of the approaching May 2025 upgrade for the network, which will bring the “VM Limits” and “BigInts” changes that aim to streamline and enhance BCH's relatively new UTXO (unspent transaction output) smart contract capabilities.

News source:www.mitrade.com

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Other articles published on Dec 23, 2024