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RE: Bitcoin Forked Up Again : Really? Bitcoin Diamond? What?
This is getting confusing. Why not just call them Bitcoin1, Bitcoin2, Bitcion3, ...., Bitcoin 10001 and so on, LOL!
This is getting confusing. Why not just call them Bitcoin1, Bitcoin2, Bitcion3, ...., Bitcoin 10001 and so on, LOL!
I think the use of "Cash", "Gold" and "Diamond" are more of a branding exercise to create that psychological link between bitcoin and traditional stores of value. While I agree with your sentiments to use numbers, the development community needs to make bitcoin and its derivatives more easily for the layman (non-crypto cavvy people) to understand and associate with value. This will help drive adoption and ultimately increase the use and adoption of bitcoin on a wider scale.
Quite the opposite with "cash", the intention with Bitcoin Cash is to "uphold Satoshis vision of a peer-to-peer digital cash", where cash is something that is changing hand frequently rather than something used for "storing value".
@digitaldruid they are supposed to fix problems from BTC like the slow transaction and high threshold for new members
@Tobixen I definitely understand that forks are meant to be improvements on the existing code. Hard Forks, which leads to a distinct split in the legacy code and the new code. All I'm saying is that there was a marketing element to what the legacy coin (s) would be called, especially if there were multiple splits. Bitcoin Cash -> Bitcoin Gold -> Bitcoin Diamond -> Bitcoin "Infinity Stone" :-P