Hard metrics analysis of the BCash blockchain signals the beginning of the end for the shitcoin and its derivatives.
Origins In brief, hypershitcoinization is a meme; and as with most memes, it has a long and convoluted history—one of which I’ll attempt to explain here. To fully understand the origins of term, a brief overview of fundamental economic forces, concepts, relevant examples, and memes is in order.
What most of the Bitcoin community should have learned in 2017, it it weren’t obvious before, is that miners do not control the Bitcoin network. So who is in control? Everybody, and nobody.
For many years now, Bitcoin mining has been dominated by the Application-specific Integrated Chip (ASIC), and long gone are the days of mining Bitcoin for profit with a central processing unit (CPU), a graphics processing unit (GPU), or even a field-programmable gate array (FPGA). However, thanks to increasingly popular altcoins such as Ethereum (ETH), Zcash […]