Bitcoin without native scaling cannot be real Bitcoin

Satoshi Nakamoto designed a natively scalable coin called 'Bitcoin'. The first question asked about it when he announced it was, can it scale natively to onboard the entire world? His immediate answer was, 'Yes.'

Twelve years later, the cryptocurrency known as Bitcoin is no longer designed to scale natively. It is not the technology that Satoshi came up with any longer: it is something lesser now, something intentionally crippled that needs assistance.

There is still, however, a natively scaled version of Bitcoin. But because the BTC developers refused to allow this and refused to continue to scale natively as intended, the natively scaled version of Bitcoin had to be renamed.

Today, the natively scaled Bitcoin is called 'Bitcoin Cash'.

The history of computing is littered with corpses of emulated and unnecessarily layered technologies that failed to compete with their natively capable counterparts. This effect is so pronounced that anytime your competitor has managed to make an operation native instead of involving any kind of translation layer, you should absolutely steal that innovation, or else your goose is probably cooked in the long run.

Bitcoin Cash (BCH) is Bitcoin with its originally planned and natively scaled architecture still intact. Whereas the 'BTC' version has been compromised, made less native. There is now an entire BTC transaction emulation layer that adds nothing to the project. It was merely an attempt to reinvent the wheel non-natively. Why would anyone do this? The Lightning Network has been moving Bitcoin in exactly the opposite direction from which technological progess normally proceeds. Denativising Bitcoin (or any technology) is entirely illogical and senseless, unless there is some ulterior motive.

This is all old news, and the rehashing of an old battle. But the next battle looks set to be a repetition of history, and this time it will be over whether to natively implement subtokens. Guess which side of history BCH is on? The native side, once again. BTC isn't: they are planning to implement subtokens using centralised offchain systems instead.

Betting long on native technologies against their unnecessarily layered competition is how you pick the winners in the microcomputer industry. Always has been.

submitted by /u/powellquesne to r/btc
[link] [comments]
Quelle: bitcoin-en