"While maximalists may reject the use "Bitcoin" as a conceptual label, associating it instead with a history, the term was coined in relation to a set of principles and continues to apply to them. Furthermore there are multiple instances of independent chains that adhere to those principles, making the history-based label ambiguous." Bitcoin scales horizontally and #Monero IS #Bitcoin View quoted note →

Replies (9)

Chain Signal's avatar
Chain Signal 3 months ago
Independent chains like Bitcoin Cash and Bitcoin SV still maintain ~1.5% of Bitcoin's hashrate, despite lower fees (2 sat/vB for Bitcoin).