Check (point) mate

There are now two substantive Bitcoin Cash blockchains.

No surprises?

Never say never, but by releasing a client update with a checkpoint added, it seems like the split is final. Bitcoin Cash ABC implemented a security measurement again that Satoshi Nakamoto added to the original Bitcoin {BTC} in 2010. In the BTC code there still are checkpoints from that time. Later the Bitcoin developers decided to stop adding new ones. And there is some irony again in the critics made by the Satoshi's Vision {SV} supporters. It is irony within irony, much fun... (Yeah, I kept using Dogecoin, such fast, much cheap.)

In case you do not follow my sense of irony... SV supporters calling adding a checkpoint by the ABC team, to secure their blockchain, unfair, have not understood Satoshi's vision_. (Now I do find that very amusing.) This wont be done every time there is a code update though, because that would be overkill. Yet, for now, to make sure the split is clean so businesses, users, traders and markets can use it again, it was the best thing to do, I guess.

Sharkpool anybody?

At some point I thought that there might have been some Sharkpool stepping in. This pool of Bitcoin {BTC} miners could have started to mine empty SV blocks. If there was enough hashing power available to do so. They could have kept this going until SV could be halted because of a high difficulty. After that the Sharkpool could have switched over to ABC, to repeat the same procedure. After that chain then got locked up, at high difficulty, they could have started doing crisscross transactions. Just to mess up both blockchains.

Luckily for the parties at 'war' this did not happen. And why should a Bitcoin {BTC} miners supported Sharkpool even want to take both SV and ABC chains out, like Sharkpools tend to do with fraudulent considered cryptos, for instance? Well, because many still consider Bitcoin Cash a fraude and so would whatever split also be. Also C.S. Wright, from BCHSV, did recently threaten to destroy Bitcoin, Litecoin and the rest of the Cryptos in 2019. This might still be a reason for a Sharkpool attack on the SV split.

Free Cryptos anybody?

Now that it looks like the 'war' has ended already the Cryptos market might recover soon. As it seems highly unlikely that the SV version will want to start another attack wave. Or it must be that it is going for a Sharkpool attack on ABC. It seems improbable something like that will happen. As the SV side now have their own version and it can go its own direction. While C.S. Wright and C. Ayre can claim the SV team still won 'the war', because the ABC camp retreated. And then probably some insults will be added. But R. Ver and the rest of the ABC team will celebrating by now, I guess.

For the rest, who HODled BCH, there will be free Cryptos all around, one to one. And I do not know if the original Bitcoin Cash chain will move on too. Than there would be even two rounds of free Cryptos. Yet that seems highly unlikely, not even sure if the Cobra version of BCH made it through. Wallets will be updated, exchanges will be ready and there will be at least two more different kinds of Bitcoin forks. To some known as 'altcoins', but I prefer calling them all Cryptos.

Satoshi also invented LN

Did you know that Satoshi Nakamoto actually invented Lightning Network {LN}? And that there were many more operations in Script possible, years ago? Being able to do transactions from IP to IP address, if both were online, was build in the Bitcoin software by Satoshi, at a very early stage. Later it got disabled again, but LN now could be seen as an innovation of those IP2IP transactions.

Just like more complex scripts now could be used. Because the hardware technology and internet infrastructure evolved enought to make it possible. And the more I dived into the Bitcoin matter, the more I saw the claims made by the Cash splitting forks, about being true to the ideas of Satoshi Nakamoto, as being mostly rubbish. But it seems now that the Cryptos realm has to deal with, at least, two different Bitcoin Cash flavors. Both claiming they are the one and only true BCH.

May the Cryptos be with us.

Check (point) mate...

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