>>>>>>>The battle for the call "Bitcoin" esca>>lates / IOTA joins MOBI; begin of IOTA environment >>>>>>>>>>

in cryptocurrency •  7 years ago 

Even after the split in Bitcoin and Bitcoin Cash, the dispute continues. Recently, Bitcoin.com, Roger Ver's portal, has titled Bitcoin Cash (BCH) as Bitcoin, while Bitcoin's actual Bitcoin (BTC) is running as Bitcoin Core. The Bitcoin community is so upset that it has begun planning a class action lawsuit against Bitcoin.com.
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No, names are not just hollow words, but something pretty important. Maybe everything. When Bitcoin.com recently started to run Bitcoin (BTC) as Bitcoin Core, but Bitcoin Cash (BCH) as Bitcoin for a short time, it caused a stir that seems surreal at first sight. Almost 1,000 people even try to launch a class action lawsuit against Bitcoin.com. Does the name really matter so much?

To understand why, one should know that in the years of the blocksize dispute it was mostly about the name. Whenever there were attempts to make a fork, such as with Bitcoin Unlimited or SegWit2x, the community around Bitcoin Core defended the right of Bitcoin to use the acronym BTC, and insisted that the coins created by a fork be clearly to be listed as altcoin. Bitcoin Unlimited failed as the exchanges announced it was listing as a BTU, and SegWit2x was also sentenced to death by almost all exchanges claiming to list Bitcoin itself as BTC independently of the hash rate. It's about the power to define what Bitcoin is.

Bitcoin Cash has now escaped this fight by starting as "Bitcoin Cash" and not Bitcoin from the outset. But leading Bitcoin cash advocates like Roger Ver have made it clear right from the beginning that they consider Bitcoin Cash the real Bitcoin. Roger Vers portal Bitcoin.com has released an article shortly after the launch of Bitcoin Cash explaining why Bitcoin Cash (BCH) is the true Bitcoin and what one should know as Bitcoin (BTC) and has been forged through SegWit and accordingly not Bitcoin, but "Bitcoin Core" is to call.

The small blocker or the camp around Bitcoin Core, however, consistently refuses to call Bitcoin Cash by that name, instead titling it as "bash". Because the name Bitcoin Cash, the core community, associates a relationship with Bitcoin, which is not given, and entices beginners to buy Bitcoin Cash instead of Bitcoin. In addition, Bitcoin Cash takes advantage of the strong name. If it were an alt coin, such as the name "bash", then hardly anyone would be interested in this uninspired coin.
This hitherto rather smoldering dispute over the name has escalated last week. Because Bitcoin.com has introduced a new naming policy. The BTC, formerly known as "Bitcoin", is now called "Bitcoin Core", while BCH was briefly referred to simply as "Bitcoin". Meanwhile, Bitcoin.com but gone back and calls BCH "Bitcoin Cash", both in the Blockexplorer and the sale of Bitcoins by credit card.

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