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Bitcoin has long had a struggle between those who wanted the

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Anonymous
2017-08-21 10:14:50 Post No.
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Anonymous 2017-08-21 10:14:50 Post No. [Report]
Bitcoin has long had a struggle between those who wanted the temporary anti-spam measure that capped the blocks to 1 MB lifted and those who have financial interest in ensuring that Bitcoin is crippled in order to create demand for an overlay-network.

There was a fork last week which gave is BitcoinCash. This Bitcoin-variant has a 8 MB block size cap instead of BlockstreamSegwitBitcoin's 1 MB cap. It also abides by the whitepaper (bitcoin is a chain of digital transaction, segwit isn't Bitcoin).

The miners are now switching over to the better and improved BitcoinCash.

tl;dr: Blockstream Core is fired, finished and soon bankrupt.
>>
Anonymous 2017-08-21 10:17:18 Post No.3159468
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Anonymous 2017-08-21 10:17:18 Post No.3159468 [Report]
>>3159440
I thought that was supposed to be eth? "it's newer its better"
>>
Anonymous 2017-08-21 10:20:42 Post No.3159499
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Anonymous 2017-08-21 10:20:42 Post No.3159499 [Report]
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>>3159468
While ETH is newer it's different.

The most significant difference is that Bitcoin has a limit of 21 million units that will eventually be in circulation.

ETH has no such cap on the total amount of coins that will be produced over time. It's designed to be a means of paying for computational time, it's simply not made to be a currency or a store of value.
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