Since its creation, Bitcoin Cash ( BCH ), the altcoin born after the most important fork in the Bitcoin blockchain has generated a lot of controversy in the community because of the determination of its leaders to proclaim the altcoin as the real Bitcoin, even though nobody shares that opinion outside this circle.
Many of the BCH marketing tactics were controversial because of the confusion they caused in the public (especially the less experienced), going so far as to define Bitcoin Cash as “Bitcoin” in page browsers with the option of buying tokens, a situation that even at one point was on the verge of reaching into legal terrain.
After the fork made a few weeks ago in the BCH blockchain, two different implementations of this controversial altcoin emerged: The first promoted by the owner of Bitcoin.com Roger Ver (known as BCHABC or BAB) and a second supported by Calvin Ayre and Craig Wright (known as BCHSV or BSV).
Both blockchains were looking to become chain with the most PoW for there to be a single implementation, but eventually the war ended with a chain split from which two different cryptos came out after causing losses of almost 1 million dollars per day for their promoters and causing damage to the entire ecosystem leading to virtually all cryptos to touch minimum yearly levels with massive losses for users.
The 4 “Real” Bitcoins
For practical purposes, the version known as BCHABC or BAB began to be accepted as BCH by several exchanges and payment services, however, it seems that Roger Ver has been given a taste of his own medicine now that the BSV side defined itself as the real Bitcoin, describing Mr. Ver’s implementation as negative and not complying with what Satoshi Nakamoto thought at the time of writing the Bitcoin (BTC) Whitepaper.
In a post published yesterday on Coingeek’s official website, Calvin Ayre’s team started promoting Bitcoin SV under the premise of being the only cryptocurrency that actually fulfills Satoshi Nakamoto’s vision:
“ABC has abandoned Bitcoin’s core principles by abandoning Nakamoto consensus and trust in miners’ Proof of Work …
We also no longer want the name Bitcoin Cash BCH as to us, Bitcoin SV is the original Bitcoin not the original Bitcoin Cash (whatever that even means) …
Bitcoin will live on with Bitcoin SV and will finally have a chance to show off the true power of the original economic model.”
Although Calvin Ayre claims that Bitcoin SV is the real Bitcoin, his words recall the exact same assertions Roger has been making since the birth of Bitcoin Cash, an altcoin he promotes as the real Bitcoin described in the original whitepaper written by Satoshi Nakamoto.
“Bitcoin Cash is the real Bitcoin and will have the bigger market cap, trade volume and user base in the future.”
So, according to the leaders behind the bitcoin cash fork (BCH) we currently have a collection of at least 4 “real” Bitcoins: Bitcoin Cash (BCH) pre-fork, Bitcoin Cash ABC , Bitcoin Cash Satoshi’s Vision and Bitcoin (BTC) -which has the longest blockchain with the most significant proof of work.
Until now Mr. Ver has not answered directly to Calvin’s comments; however, it already seems to be a trend in this community that each new developer “sells” their product assuring that it is the true implementation of Satoshi Nakamoto’s vision.
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