The last new is a document issued by the a US government institute has claimed Bitcoin Cash (BCH) is the “original” Bitcoin while Bitcoin itself (BTC) is a “fork” in a surprising official research into cryptocurrency.
In the document titled “Blockchain Technology Overview” from the National Institute of Standards and Technology under the US Department of Commerce, the authors Dylan Yaga, Peter Mell, Nik Roby and Karen Scarfone claim that “technically,” the perception that BTC is the genuine version of Bitcoin is incorrect.
They write.
“When SegWit was activated, it caused a hard fork, and all the mining nodes and users who did not want to change started calling the original Bitcoin blockchain Bitcoin Cash (BCC),”
“Technically, Bitcoin is a fork and Bitcoin Cash is the original blockchain. When the hard fork occurred, people had access to the same amount of coins on Bitcoin and Bitcoin Cash.”
Litecoin, authors say, is a “complement to Bitcoin,” while Ethereum Classic is underlined as the original version of “more popular” Ethereum.
As expected, the market has fallen again and the scenario that has become common, all the icos of top 100 with the exception of one or two and fallen 5% in the last 24 hours.
What do you think Steemians?
DISCLAIMER: This post / analysis serves general information purposes only. I am not a financial adviser.
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