Mining

$30M Bitcoin Cash ‘SIM Hack’ Sparks Wild Crypto Tales With Vague Sources

23/02/2020 by Idelto Editor

$30M Bitcoin Cash SIM Hack Rumor Sparks Wild Crypto Tales With Vague Sources

On February 21, the crypto Twitter commentator Dovey Wan published a series of tweets about an alleged SIM card hack that purportedly saw the loss of $30 million in bitcoin cash. The story stemmed from a Reddit post that’s now deleted and so far no one has provided any verifiable proof from the proclaimed victim.

Also Read: Get Ready for the Bitcoin Halving – Here Are 9 Countdown Clocks You Can Monitor

$30 Million in BCH and $14 Million in BTC Allegedly Stolen in a SIM Hack

A rumor has been floating around crypto Twitter after a now-deleted Reddit post said that a major Chinese investor allegedly lost $30 million worth of BCH and $14.4 million worth of BTC. The Reddit thread noted that the investor’s SIM card was breached and within the post, the supposed victim begs BCH miners to help with the transactions. “It’s only had 3 confirmations […] if any miners/the community can help somehow,” the alleged victim stressed. Not too long after the $30 million SIM hack post appeared, it was deleted by the person who created it. Then the crypto Twitter pundit Dovey Wan published a series of tweets about the SIM hack situation and her thoughts about the deleted Reddit post.

“Breaking – BCH sim hack! Worth $30M from [a] single Chinese whale (he claimed lost $15M BTC too) He’s now asking for help from miners ..I’m talking with top BCH pool owners on this OMFG,” Wan tweeted. She then said it seems to her that the hacker was splitting the BTC into smaller amounts and she wrote “RIP BCH … only a double-spend can help this poor guy now.” For some odd reason, Wan’s tweets suggest that BCH miners needed to hard fork. “The best strategy for bcash now is an urgent hard fork it seems like …,” Wan insisted. She added:

No matter what, this 60,000 BCH hack, the dispute among BCH camp between Ver and Johansson, all these will mark a slow death of it.

$30M Bitcoin Cash 'SIM Hack' Sparks Wild Crypto Tales With Vague Sources — After the Reddit post and the series of tweets from Dovey Wan, the SIM hack story started spreading across social media and forums.

Despite the fact that most of the facts from this story stemmed from a deleted Reddit post and Dovey Wan’s biased statements against bitcoin cash, a few news outlets ran with the story. The only verifiable source that can be found is a BCH address that shows $30 million worth of BCH sent from the wallet. Publications like Toshi Times and Cointelegraph both wrote about the tale and both authors noted that it was “unclear” what Wan was talking about, as far as her alleged feud between Johansson and Ver goes. The story itself looks like propaganda meant to smear BCH, especially with the added claims that BCH needs to hard fork to erase one man’s crisis. Notably, Wan’s tweets are filled with derogatory statements about BCH and an absurd solution to fix the problem. Despite what she or any of the other Twitter commentators think, BCH supporters understand a hard fork to reverse these transactions won’t happen.

The Unverified Bitcoin Mining Flood Video

The story about the so-called $30 million BCH SIM card hack is another example of how hearsay and rumors can become wild crypto stories. This particular story seemingly stemmed from the “bitcoin cash isn’t bitcoin” crowd of maximalists. Another example is when Wan shared a video tweet of a flooded mining farm in November 2018.

However, Wan was accused of sharing a video that was ostensibly filmed months prior and one person said: “This is fake – Don’t fall for the BS. Pictures/video are from last year after a flood.” “Can you prove this was from recently? Seems it’s from earlier this year during flooding,” another person tweeted.

This is a video from a last year’s flood in China.Great job on the $CRYPTO #FakeNews .And after #DMOR I’m so glad I don’t follow you or any of the projects you are working on/for! pic.twitter.com/1LQkxU1JSh

— m3rt1x up in: $BTC $USDT $XTZ $ETH #Altcoins (@m3rt1x) November 20, 2018

“Those look like older generation Avalons, probably Avalon 741s,” crypto miner Jonathan Toomin responded to Wan’s tweet in November. “Those probably make about $0.05/kWh right now on BTC. Many Chinese mines pay about $0.05/kWh just for electricity, so they are obsolete and unprofitable.”

Many skeptics believed at the time the video Wan shared in November came from the flooded Sichuan bitcoin mine story that actually happened in July. “Are there any links/sources to back this up?” another person asked Wan.

SIM Card Story Has Numerous Skeptics and People Believe the Tale Is Fishy

The $30 million BCH SIM hack story has a lot of similarities with the flood tale and there are vague reports and accusations floating around Twitter because of it. According to a few individuals who dug further into the tale, it was noted that the SIM hack victim was allegedly Dreamhost founder Josh Jones.

Reportedly, Jones is one of Mt Gox’s largest creditors and during the SIM hack someone also signed a message with the private keys. It’s still unknown why the victim had his private keys, but yet he still couldn’t access his funds. Throughout numerous Reddit threads and a few Twitter posts, a number of BCH proponents thought the latest SIM hack story was extremely fishy.

“Are we being trolled? I don’t get it,” one Redditor commented on the r/btc forum. “How do you get a private key with a SIM hack? Something isn’t right here.”

What do you think about the rumors and ostensible story of a $30 million BCH SIM card hack? Do you think this story is legitimate or fishy? Let us know what you think about this topic in the comments section below.

Disclaimer: This article is for informational purposes only. It is not an offer or solicitation of an offer to buy or sell, or a recommendation, endorsement, or sponsorship of any products, services, or companies. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

Image credits: Shutterstock, Twitter, the Bitcoin Block Explorer tool, r/btc, Fair Use, Wiki Commons, and Pixabay.

Did you know you can verify any unconfirmed Bitcoin transaction with our Bitcoin Block Explorer tool? Simply complete a Bitcoin address search to view it on the blockchain. Plus, visit our Bitcoin Charts to see what’s happening in the industry.

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Get Ready for the Bitcoin Halving – Here Are 9 Countdown Clocks You Can Monitor

22/02/2020 by Idelto Editor

Get Ready for the Bitcoin Halving – Here Are 9 Reward Countdown Clocks You Can Monitor

The anticipation for the block reward halving for BTC, BCH, and BSV has been building. All three cryptocurrencies will see rewards halved from 12.5 to 6.25 coins throughout the months of April and May. The following is a comprehensive list of websites that are counting down each crypto’s reward halving in different ways, so people can monitor the data and prepare for halving parties.

Also Read: How to Check the Bitcoin Price, Hashrate, Data – The 21 Best Monitoring Sites

Clocks and Data Sites So You Can Monitor the 2020 Halving Countdowns

The great halvings are approaching and in 2020 it will be the first time in history three SHA256 networks will see reward halvings around the same time. When Satoshi Nakamoto created Bitcoin he made it so the block mining reward halves every 210,000 blocks. When the network was first launched, miners got 50 BTC for every block they found and the rewards halved for the first time on November 28, 2012. Then another 210,000 blocks later on July 9, 2016, the BTC block reward halved again from 25 BTC to the current 12.5 BTC reward. From this point on and after the escalated scaling debate, there are now three powerful SHA256 networks (BTC, BCH, and BSV) that leverage the same consensus algorithm. All three of these networks have mining operations processing blocks from the three blockchains whenever one is more profitable than the other. Because of the network switching factor based on profitability, people are extremely curious about what will happen with all three SHA256 networks during the halving events.

Just before the halvenings, crypto enthusiasts like to monitor the situation and plan ‘halving parties’ in order to celebrate the momentous occasion. For this reason, news.Bitcoin.com has listed popular halving countdown clocks and statistical sites that show all kinds of halving data so our readers can follow along with the reward countdown.

BTC

The BTC network is scheduled to halve every 210,000 blocks and this year will be around the first or second week of May. The block reward countdown clocks online are not exactly accurate and are a rough estimate of the timeframe. This is because the overall hashrate finds blocks at different speeds and the time to capture all 210,000 blocks can be done faster or slower than expected. For instance, blocks are typically processed every 10 minutes but that time frame can be quicker than 10 minutes or even longer than the traditional rate. Usually, the timeframe to process 210,000 blocks is roughly on or around a four-year period.

Bitcoinblockhalf.com

The website bitcoinblockhalf.com is a popular countdown clock for the BTC halving and the first site to come up on Google. The website was created in January 2015 and it shows a replica of an alarm clock ticking down until the halving date. Bitcoinblockhalf.com’s clock expects the halving to happen on or around May 12, 2020. The website also includes certain data points like the current number of BTC in circulation, percentage mined, number of coins left to mine, generated BTC per day, difficulty, inflation rates, and the current BTC hashrate.

Bitcoin Halving – Brave New Coin

The statistics on Brave New Coin’s halving page show a few different countdowns. There are actually four scenarios and countdowns for May 6, 9, and two different May 11 forecasts. “This page is dedicated to estimating the date and time of the next Bitcoin Block Reward Halving,” explains Brave New Coin’s stats page. “We have created four scenarios based on different block time metrics. Each scenario is a moving estimate and the timestamp, charts, and values shown on this page are re-calculated daily.” Users interested in monitoring the page get a different perspective than a simple countdown clock.

Binance Academy – Bitcoin Halving Countdown

Binance also has a statistical page dedicated to the BTC halving and the countdown from Binance Academy says 79 days until the halving. The stats page also shows the current block height, how many blocks are left until the halving, and the current BTC price. The site also gives people educational information on the halving by answering frequently asked questions like “What is a block halving?,” “Why are halvings significant?,” and “How many Bitcoin halvings have there been previously?”

Bitcoinclock.com

If you want to monitor the halving countdown using an old analog clock then bitcoinclock.com is the site for you. It shows an antiquated analog clock ticking down until the halving but everything is done in minutes. The website also explains what the halving is and how it happens every four years or so and it expects the 2020 halving to take place on May 8. Bitcoinclock.com also lists a number of articles that give resourceful information about previous halvings in 2012 and 2016. The website is much older than the bitcoinblockhalf.com website because it was created in 2011. Bitcoinclock.com also notes that online countdown clocks are not super accurate. “While most of the other sites estimate the halving for late-May, the more likely outcome is an early-May reward halving,” explains the website.

BCH

Coingecko – Bitcoin Cash Halving

Bitcoin Cash is expected to halve before the BTC chain’s halving date and a few websites estimate it will be around one month prior. Coingecko offers a BCH countdown clock which estimates the halving will take place on Tuesday, April 7, 2020. This would be 45 days away with the current block height at 623,402. Coingecko’s BCH halving page is pretty straightforward with few frills or educational resources. The data from the site is powered by the block explorer Blockchair.

Coinsalad – Bitcoin Cash Halving

Coinsalad’s BCH halving countdown shows an alarm clock-like timer that expects the BCH network to halve on April 8, 2020, 7:14 am EDT. The webpage notes that BCH rewards halve every 210,000 blocks and BCH will see the reward slashed from 12.5 to 6.25 blocks after this date. Again, like many of the other countdown to the halving web pages, Coinsalad notes its clock is not entirely accurate. “This is a simple countdown timer that calculates the targeted halvening block height minus the current block height multiplied by the Bitcoin 10 minute block time interval (X – Y) * 10 * 60,” the page details. “This is an estimate and won’t be 100% accurate since not all Bitcoin blocks are found exactly in 10-minute intervals due to the time in between difficulty adjustments.”

Bitcoincashblockhalf.com

This webpage created on January 8, 2020, is identical to the bitcoinblockhalf.com website mentioned above but is dedicated to the Bitcoin Cash network instead. Similarly to Coingecko and Coinsalad, Bitcoincashblockhalf.com’s data shows the BCH halving is 45 days away and will be on or around April 8, 2020. Just like the website’s predecessor, it also contains data points that apply to the BCH halving like BCH in circulation, percentage mined, number of coins left to mine, generated BCH per day, and the network’s current hashrate.

BSV

Coingecko – Bitcoin SV Halving

Bitcoin SV fans can find the halving date for BSV on a few different websites including Coingecko. Currently, Coingecko’s data which is also derived from Blockchair notes that the BSV halving will happen in 50 days or Sunday, April 12. “The number of Bitcoin SV found per block will become more scarce and this halving reward ensures that Bitcoin SV total supply will reach 21 million,” explains Coingecko. Again, the website does not include charts or any other educational information about the Bitcoin SV halving except for the countdown clock.

Watch All Three Networks at the Same Time

Blockchair – Bitcoin 2020 Halving Tools

Bitcoin enthusiasts who want to see all the countdown clocks on one single page can reference the Blockchair website for stats on all three networks. Blockchair’s tools page on the 2020 halvings shows BTC (79 days), BCH (45 days), and BSV (47 days). The stats page also shows the current block and blocks remaining until the halving on each network. From each countdown window, users can toggle directly to each network’s block explorer for more data on these three networks.

The term “bitcoin halving” has been trending on Google and the event has always been anticipated and watched by crypto supporters worldwide. For now, observers can only monitor the countdown and market prices leading up to the reward halvings and no one truly knows what will happen. That hasn’t stopped speculative theories and lots of discussions from forming about the halving subject which is at the forefront of a lot of people’s minds.

What do you think about all the countdown clocks and monitoring tools available for the BTC, BCH, and BSV halvings? Let us know what you think about these applications in the comments below.

Image credits: Shutterstock, Coingecko, Brave New Coin, Coinsalad, bitcoinblockhalf.com, bitcoincashblockhalf.com, Blockchair, Jamie Redman, Fair Use, and Pixabay.

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Coronavirus Quarantine Controls and Shipping Delays Impact Bitcoin Miners

21/02/2020 by Idelto Editor

During the first week of February, a few of the top mining rig manufacturers from China revealed they were forced to postpone device shipments due to the ongoing coronavirus outbreak. Regional reports from the country now disclose that shipments will be delayed even longer and Chinese mining rig companies and second-market suppliers are feeling significant stress from the situation.

Also read: Hong Kong Crypto Exchange Bitspark Shuts Down Amid Coronavirus Outbreak and Protests

Coronavirus Continues to Delay Mining Rig Shipments

The coronavirus outbreak has been a trending topic worldwide, as the virus has spread since it was first identified in Wuhan, the capital of Hubei province, China. More recently the virus has been affecting the bitcoin industry because a large number of businesses and mining operations stem from China.

At the end of January, Microbt announced that miner shipments would be delayed due to the coronavirus outbreak. The mining rig manufacturers Canaan and Bitmain also issued similar notices. On February 1, Ebang published a post on Wechat that notified customers about a delay as well. Weeks later and after the delay dates were supposed to be lifted, reports detail that mining rig manufacturers and suppliers are still being held up by coronavirus shipping delays.

On February 14, 8btc’s Vincent He interviewed a mining equipment vendor from Huaqiang North, a large distribution center for mining rigs. Miss Hu told the columnist “After waiting for a long time for bitcoin halving, my store couldn’t open.” The vendor explained that delays were issued twice already and she doesn’t know “if there will be any changes.” Even the aftermath may affect her sales as she believes newcomers might not visit the store over the risk of infection. Additionally, 8btc discussed the subject with Bitmain’s sales director Xiaojun Fan who stressed deliveries are still delayed. Fan noted that employees are unable to get back to work because of the coronavirus quarantine controls which in turn are affecting the mining rig supply chain.

Will the Coronavirus Affect the Overall Hashrate and Upcoming Bitcoin Halving?

Moreover, Btc.top founder Jiang Zhuoer discussed the coronavirus outbreak affecting mining operations on Weibo. “It is understandable to take our employees’ temperatures, call the roll and forbid them to go out, but how does shutting down mining machines help in quarantine controls? If we go on like this, most of the people (especially the laboring people in the front line) will have to die of poverty without suffering from the virus,” Zhuoer said. The comment came after one of his mining farms in Xinjiang was forced to shut down temporarily.

It is estimated that 65% of the global SHA256 hashrate resides in China and some speculators believe BTC’s recent difficulty adjustment dropped because of the coronavirus quarantine controls. BTC’s hashrate was averaging around 110 exahash per second (EH/s) all the way until February 15 but the hashpower dropped to around 97 EH/s on February 19. Because it hasn’t dropped too much, people assume there’s a possibility miners outside of China are carrying the weight. The delay is awfully close to the reward halving as well on chains like BTC, BCH, and BSV. As of today, there are 80 days left until BTC’s halving takes place and BCH and BSV will see halvings one month prior.

Additionally, 8btc’s recent report highlights that if the epidemic gets worse mining operations located in Xinjiang, Inner Mongolia, Sichuan, and Yunnan could “suffer [from] losses.” At press time, next-generation miners like the T and S 17 series manufactured by Bitmain are scheduled to ship during the first week of April.

What do you think about the coronavirus affecting the bitcoin mining industry and mining rig supply chain? Let us know what you think about this subject in the comments section below.

Disclaimer: This article is for informational purposes only. It is not an offer or solicitation of an offer to buy or sell, or a recommendation, endorsement, or sponsorship of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

Image credits: Shutterstock, Twitter, Wiki Commons, Fair Use, BBC, and Pixabay.

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How to Mine Bitcoin in 2020

19/02/2020 by Idelto Editor

Bitcoin mining is a great way to earn cryptocurrency while providing a valuable service to the global network of users. Miners can set up a hardware operation by themselves or join forces with a large venture via cloud mining. If you are looking to enter this field in 2020, here is what you need to know about the business.

Also Read: Tradeblock Estimates Post-Halving Mining Cost of $12,500 per BTC

What Does It Take to Mine Bitcoin in 2020

Bitcoin mining is a transaction security and validation service done via distributed computer systems each racing to solve complex mathematical problems before the competition. Miners keep the global ledger consistent and immutable by repeatedly adding newly requested transactions into a block, which is then broadcast to the network and verified. For providing their valuable hashing power to the cryptocurrency network, miners are rewarded each time a new block is created by them in this fashion.

Anyone thinking about entering this line of work needs to know that long gone are the days where one could just mine bitcoin with a desktop PC or even an old laptop. These days, any profitable bitcoin mining is done via computer systems tailored exclusively for the task, professionally called application-specific integrated circuit (ASIC) miners.

The most popular bitcoin mining machines are the Antminer series from Bitmain, but there are additional hardware offerings from companies such as Microbt, Canaan, Ebang, and a few others. Take note that while some machines are available to be purchased off shelf already, or even immediately as second hand goods in online markets, when the newer models come out there is often a waiting period until they are shipped, and you need to take that into consideration.

Other than the upfront cost of the hardware, your main expense as a miner is electricity. The power is primarily for operation of the computer systems themselves, but also for ventilation and air conditioning systems that might be needed depending on the situation. This is why professional miners routinely migrate around the world to locations that can offer them an optimal combination of lower electricity prices and hospitable weather.

Once the hardware is all set up, you then need to direct your mining machines to a mining pool such as F2pool, Poolin, Btc.com, and Antpool. These are groupings of miners that compete to get a block together and share the rewards according to the contributed hashing power, thus spreading the work and streamlining the revenue for each one.

How to Start Cloud Mining With Bitcoin.com

An easier alternative to setting up your own mining operation is to go for cloud mining. This is a way to generate cryptocurrency that doesn’t require buying any expensive equipment, or installing the infrastructure needed for it. All you have to do is find a provider that you trust and buy a contract from them, which is in essence renting hash power in a dedicated facility. Bitcoin.com is one such provider, with a cloud mining service focused on bitcoin cash (BCH) and BTC.

The company offers a selection of contract lengths, currently starting from just six months and running up to two years, and if you already have your own mining hardware you can connect it to the pool as well. The service also includes an app for Android and iOS mobile devices, so you can keep track of earnings, hashrate, and other statistics related to your contracts right on your phone.

What do you think about the attractiveness of mining bitcoin in 2020? Share your thoughts in the comments section below.

Images courtesy of Shutterstock.

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BCH Funding Debate: Btc.top Founder Suggests 2/3 Hash Vote and 6-Month Evaluation

17/02/2020 by Idelto Editor

BCH Funding Debate - Btc.top Founder Suggests 2/3rds Hash Vote and 6 Month Evaluation

Over the last few days, Bitcoin Cash proponents have been debating the Infrastructure Funding Plan (IFP) after Bitcoin ABC published an announcement on implementing the plan into the upcoming software release. Again the concept was met with mixed responses and the community has been arguing about the situation on forums and social media. Following the community responses to Bitcoin ABC’s blog post, Btc.top founder Jiang Zhuoer published an updated version of the plan the following day.

Also Read: 5% of Block Rewards – Bitcoin ABC Will Add Infrastructure Funding Plan in Next Release

Bitcoin Cash Infrastructure Funding Plan Discussions Continue as Jiang Zhuoer Publishes Update

Members of the BCH community have been discussing the latest information regarding the Infrastructure Funding Plan (IFP) after Bitcoin ABC told the public it would be implementing code for the plan in the 0.21.0 ABC software release. The plan had a few changes to the proposals discussed prior which included only 5% of the coinbase rewards, a BIP-9 like voting method with threshold, and funds that can go to “more than one project and can go to one of several in a whitelist.” The whitelist ABC came up with included donation addresses for a “General Fund, Bitcoin ABC, Electron Cash, and BCHD.”

BCH Funding Debate: Btc.top Founder Suggests 2/3 Hash Vote and 6-Month Evaluation — Check out the recent video about the Infrastructure Funding Plan from Bitcoin.com’s executive chairman Roger Ver.

Bitcoin.com’s executive chairman Roger Ver discussed the IFP subject on Youtube and had a number of objections and questions concerning the latest IFP update. On an r/btc forum post, Ver’s Reddit account stressed: “As it stands now, Bitcoin.com will not go through with supporting any plan unless there is more agreement in the ecosystem such that the risk of a chain split is negligible.” Following Ver’s statements, Btc.top founder Jiang Zhuoer published another blog post on the read.cash platform called “BCH Miner Donation Plan Update Again.”

Zhuoer’s latest post is much shorter than the two blog posts he published prior in regard to the IFP subject. The post is also aligned with the Bitcoin ABC announcement and further discusses the voting threshold and coinbase donation amount. Zhuoer’s latest IFP update states:

It will start by the hash voting, if 2/3 of network hash agrees, the donation plan will be put into effect. (I believe the miners have the right to vote on how to spend their output).
For the 5% of the coinbase donated by miners, the miners shall have the option, at their sole discretion, to select a number of donation objects, such as: General Foundation, ABC, BCHD, Electron Cash.
The donation plan will last for 6 months (as one version is valid for a maximum period of 6 months). I suggest that we stop the fundraising after 6 months, and we may restart it eventually to prevent it [from] becoming a permanent rule.
There are numerous objections now, I am inclined to start the donation plan after that the community reaches a basic agreement. If they fail to achieve it, we could set up the General Foundation first, let’s see its operation effect funding by donation, then we could proceed the hash voting next time.

Block 622509, Bitcoin Verde, and Bitcoin Unlimited

In addition to Zhuoer’s latest blog post, BCH block #622509 mined by SBIcrypto.com left a coinbase message that says “no” and a link to the Bitcoin ABC announcement. There are also comments stemming from developers of full nodes like Bitcoin Verde and Bitcoin Unlimited.

Bitcoin Verde’s Joshua Green tweeted about the announcement from Bitcoin ABC and questioned why Verde was excluded. The chief scientist of Bitcoin Unlimited, Peter Rizun, tweeted about the announcement from ABC as well. “Amaury Sechet is literally modifying the BCH protocol to issue coins to him and his friends,” Rizun explained. “Due to the poison pill, miners and exchanges must upgrade before May 15. If they do as usual and download the new version of ABC, his plan succeeds by default.”

Greg Maxwell Stirs the Pot

In addition to the opposition against the IFP, former Blockstream developer Greg Maxwell is seemingly stirring the pot. Within the depths of an r/btc thread that Greg Maxwell started, he claims Amaury Sechet (Deadalnix) private messaged him about creating a version of Bitcoin ABC without the IFP. Github code linked by Maxwell shows a version of ABC without the IFP and again states that “Amaury Sechet requested that I post this.”

“It is completely untested and may not even compile,” Maxwell says and then insults BCH toward the end of his comments. Of course, Maxwell’s thread, statements, and IFP free code were controversial among r/btc patrons. Not too many people believed Maxwell’s words, and lots of his commentary was downvoted throughout the thread. Maxwell was also known for being involved in the November 2018 hash war as it was once claimed he was helping Craig Wright.

With Negativity In the Air, Open Discussion Is a Net Positive and Worthwhile

The IFP discussion continues to unfold and read.cash and r/btc are filled with threads and blog posts about the subject. If anything can be said at the moment about the furious debates it is that at least people have open forums to discuss the situation. Back in 2015, when bitcoiners tried to debate raising the block size, moderators from the most popular Bitcoin Reddit forum censored anyone who approved of raising the block size. Right now, in the world of Bitcoin Cash, there is no censorship happening and even Blockstream developer Greg Maxwell is free to speak his mind within BCH forums. The IFP debate and discussion is continuing to unfold and news.Bitcoin.com will be there to inform our readers every step of the way.

What do you think about the discussions revolving around the IFP subject? Let us know what you think about this topic in the comments section below.

Image credits: Shutterstock, Coin Dance, Btc.top, Youtube, Bitcoin.com, Fair Use, Blockchair, and Pixabay.

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