World Economic Forum article claims only BCH is in line with Nakamoto's vision

05 Nov, 2018
by Richard Allen
News
World Economic Forum article claims only BCH is in line with Nakamoto's vision

On October 31, the tenth anniversary of the Bitcoin whitepaper, the World Economic Forum (WEF) published an article claiming that there is “only one existing blockchain that is consistent with Nakatomo’s vision: Bitcoin Cash.”

The article, titled Bitcoin is 10 years old: This is how it began and where it's headed, explores the history of cryptocurrencies. Its most interesting paragraph, however, reads:

“There is, however, only one existing blockchain that is consistent with Nakamoto’s vision: Bitcoin Cash, a so-called “hard-fork” of Bitcoin that generally shares the same history and protocol, except for two crucial details. The blocks on its chain are a massive 32-times larger than the original Bitcoin, and growing. More transactions per block, means lower fees per transaction, paving the way for global adoption. Plus, built-in codes that were switched off in the original Bitcoin, have been reignited, potentially allowing all the smart contract capabilities of Ethereum.”

It's important to note that the article is written based on the opinions of the author alone. An important fact to bear in mind considering how those in the cryptosphere reacted.

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Read more about: Bitcoin Cash (BCH)

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