Why Bitcoin Cash is the Real Bitcoin at this Stage: Different Systems (Bitcoin vs SegWit vs Lightning)
What are the differences between Bitcoin system, SegWit system and Lightning system and which one is true P2P, decentralised and which one is real Bitcoin system?
Which system should be called Bitcoin?
Please note that coin of every system is called by the system name, and note that Bitcoin coin name has been hi-jacked by Core & Blockstream as they count on exploiting lack of higher knowledge of users and the users not knowing how system works. Most users know the brand name only, as this is how mentality of consumers works, and Core & Blockstream count on this to trick you thinking you hold Bitcoin but you are not.
Answer is inside…
To all the Core advocates: You can bite me… I will keep calling you out
To all the Core shills: Stop being a moron and allow these liars to brainwash you. Temporal price of the coin is not determining factor of what Bitcoin is… THE WORKING PRINCIPLES is that what determines this. So stop being sheeple.
In addition, “I meant to say, with small block size, miners need higher fees , with large block size they can have lower fees as there is much more space for more transactions in the block, to get equal amount of reward from fees.
I also forgot to mention that user sending coins signs his transaction and this signature goes into the Bitcoin block also (but in SegWit system signature is not included in the Bitcoin block).
Opening a payment channel is equivalent to opening an account with a bank.
Oh and how could I forget this… ask Wikileaks what happens when government want to lock you out… all banks lock you out, Lighting hubs will act the same way, but miners don’t.”
Source of Text and Video: Ed
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