litecoin [LTC] Creator: Bitcoin The war of the hash in cash has been rather disappointing

In the last episode of Magical Crypto Friends, Charlie Lee, the creator of Litecoin, Samson Mow, the CSO of Blockstream, Riccardo Spagni, the main developer of Monero and Whale Panda, talked about the recent hard fork of Bitcoin Cash [BCH], resulting in the existence of Bitcoin Cash ABC aka BAB and Bitcoin Satoshi Vision [BSV].

The payment was the speech of space in November 2018, as it became a hash war between two teams within the ecosystem of Bitcoin Cash, the Bitcoin ABC team and Roger Ver on one side and CoinGeek and Craig Wright from the other.

The war that was popularly called as the hash war seems to have come to an end with the CoinGeek side that offered replay protection and a permanent split, emphasizing that Bitcoin SV was the real Bitcoin and not the Bitcoin Cash. This round of events, according to Charlie Lee, was "quite disappointing".

This was followed by "Crypto Friends" who talk about the centralization of Bitcoin ABC, with checkpoints and reorg protection. Charlie Lee exclaimed that this was a "stupid idea", adding that Satoshi Nakamoto, the creator of Bitcoin, had a very good reason not to apply it.

Nonetheless, Nakamoto implemented checkpoints at the beginning to make sure everyone was on the same chain. But this was a temporary implementation, which was also present at Litecoin, he added.

Spagni said:

"Monero still has checkpoints with hard-coded control codes up to certain block IDs. You know, I mean, I do not think it's basically a problem, especially when you're young, but I mean it needs to be done in order to remove that problem here is not the checkpoint to say – it's all this more like a great relay prevention thing that's a silly idea of ​​longitude "

The main developer then explained the implementation of reorg, stating that there are several reasons why a chain could be wrong, "especially when synchronizing and large rollbacks are inevitable". He added that there are preventable situations such as network partitioning.

In addition, Charlie Lee said:

"Basically, I think the whole point of this decentralized consensus is based on this simple fact that anyone can turn a knot and know it will be on the right chain, just that they do not have to trust anyone."

He added:

"But once you have this automatic checkpoint available if you were not present when the correct chain was decided, then if you run a new knot you could be taken to the wrong chain, according to this rule, right and that's only then trust someone to tell you what the right chain is and that it defeats the whole purpose of the blockchain in the first place. "

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Priya is a full-time member of the AMBCrypto reporting team. He is a finance specialist with a one-year writing experience. You had no value in Bitcoin or other currencies.