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News Story Source: Bitcoin News
There is never going to be a perfect alignment of opinions among a large group of people, but… we need to have the same basic vision for Bitcoin Cash.
It's Not Complicated, Bitcoin Cash is Money
If you have something of value to offer me, and I'm willing to pay for it, then I send you bitcoin cash. No middleman and low fees.
That's the vision.
The Challenge of Distributed Consensus
In bitcoin, everyone needs to be using the same set of rules?—?also called consensus rules, network rules, or protocol rules. What happens when we need to upgrade or change the rules?
We have this nifty thing in bitcoin called "Proof of Work". It secures the network, and it keeps everyone on the same set of rules.
It's also a voting mechanism: The miners can vote on changing the rules because the "longest" chain (the chain with the most accumulated proof of work) is accepted by convention.
In other words, the ult
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