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RE: Jeff Berwick On The Bitcoin Vs. Bitcoin Cash Debacle

in #bitcoin7 years ago (edited)

But segwit was a fork. Bitcoin Cash was going back to the original path. What happened to my picture? It's confusing to anyone trying to understand now. And, it illustrates exactly what happened. It didn't claim to be bitcoin. I did. But it just showed the Bitcoin forks.

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The confusion comes mainly from that it looks like the two forks happened at the same time. In order to make it accurate you would have to show both when SegWit was expected and later when it was forked in after the Bitcoin Cash fork had already taken place.

That would be a great visual, if we had it.

Yeah, I see what you mean. The purple represents segwit. But, segwit wasn't implemented until after the Bitcoin Cash forked. I think it was implying that segwit had been deteremined prior to the fork so Bitcoin Cash forked away to avoid segwit. I still think it demonstrates that Bitcoin Cash is a continuation of legacy blockchain. While Bitcoin LS did a softfork. A softfork is really worse. It takes the whole chain with it and most users have no choice in it. They should have done a hard fork for segwit if they really believed so strongly in it. And, left Bitcoin alone. That would have kept this from being confusing to people.