Afri: I don't think Polkadot is a directBitcoin wallet vs address competitor of Ethereum. Ethereum has always been part of Polkadot's vision, and they are complementary. For a long time in the past, I have been worried about the roadmap of Ethereum 0. In my original job, my coordination and communication did not play its due role. I am sorry.
Bitcoiners usually object to Proof of Stake (PoS), in which validators propose and vote on blocks rather than solving energy-intensive encryption problems. They believe that Bitcoin software should be treated like nuclear reactor software and belittle PoS due to its "subjective" nature-meaning that participation in the network requires subjective information such as social information. This is in contrast to the objectivity of PoW, where nodes must observe the largest PoW chain to reach the current state.
Schneier believes that Bitcoin transaction fees (such as handling fees) are hidden and not as easy to calculate as bank fees. At this point, no one knows where he learned that Bitcoin transaction fees are hidden, but this is undoubtedly a good (if inaccurate) discussion point.
At 1:18, according to the real-time data of mining pool computing power, the BCH computing power of the ABC camp Bitcoin.com mining pool has increased by 15909% in the past 24 hours to 4,081.03 PH/S, surpassing the Coingeek mining pool of the Australian Cong camp, ranking No. One. The Bitcoin.com mining pool’s BTC computing power has dropped by 456% in the past 24 hours to 2396PH/S.
On August 2, 2016, a developer under the pseudonym TomElvisJedusor (Voldemort of Harry Botry) published a text file on the Bitcoin Development Forum outlining the early version of the MimbleWimble protocol. Its purpose is to implement this blockchain design into Bitcoin through a soft fork, so as to solve the problem of Bitcoin expansion and add privacy transaction functions to Bitcoin. However, this proposal has not been Used by Bitcoin.
It can be sBitcoin wallet vs addresseen from the above: Bitcoin in their eyes is a hedge asset in response to macroeconomic changes. Therefore, there is no need to raise the position of Bitcoin in the eyes of these Wall Street bigwigs. For them, it is just a hedgeable asset. But at the same time, it also shows that Bitcoin is no longer the original Wu Xia Amon, and it has begun to enter the vision of these bigwigs and institutions, so that they cannot ignore the existence of Bitcoin.
From the above events, we can see that although BTC is beautifully designed, but the application scenarios are very limited. As BTC or blockchain technology gradually moves from a niche geek circle to the public and serves the industry, technological updates and iterations are inevitable. The communities that hold different development concepts or interest demands are gradually separated from the original unified consensus, and a new consensus is formed. Regardless of whether BTC forks into BTC and BCH or BCH forks into BCH and BSV, the author believes that there is no split in consensus, because consensus itself develops dynamically. The consensus we advocate should not be a unified and unchanging fundamental tenet, but a dynamic consensus that can adapt to the development of blockchain technology and meet the needs of different development stages and different industries. If the old consensus can no longer meet the needs of technological development, then the so-called consensus split is nothing more than a normal transformation, technological metabolism.
On April 21st, Wu Jihan, Chairman and CEO of Bitmain, said: (On the occasion of the halving) Bitcoin will have some rise, but everyone should not have too optimistic expectations. Don't expect to start a bull market and break through the previous high. Both believers and investors should look at the industry from a long-term perspective and manage risks.