In 2017, over 80% of hashing…

In 2017, over 80% of hashing…

In 2017, over 80% of hashing power, the biggest producer of #Bitcoin mining equipment, prior lead developers of the #Bitcoin Network, and several major custodians and exchanges favoured increased block size.

Thus, an overwhelming amount of support among the corporate-level in the industry supported Bitcoin Cash and yet they failed miserably because individual node operators dismissed the ‚upgrade‘.

This just shows how much power individuals have and answers the question of ‚who truly controls the #Bitcoin ledger.‘ It also underlines the importance of running your own #Bitcoin node. If you don't have one running yet, do it now.

You either can run #Bitcoin Core on an old laptop or build your own specific #Bitcoin Node for $200 yourself. Here is a step-by-step guide: https://carlbmenger.substack.com/p/dont-trust-verify

Don‘t trust, verify.

Carl B Menger

Carl B Menger

Bitcoin Chief Hodler Subscribe: https://carlbmenger.substack.com/