You, Me, And Btc: Liberty & Bitcoin

Chain Split Tokens, Closed Source Bitcoin Unlimited, & More - YMB Podcast E167

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MP3, Poll, Links, and More: http://ymb.tc/e167This is episode 167 of You, Me, and BTC – your liberty and Bitcoin podcast!Bitcoin Unlimited drama continues. This week, one popular Bitcoin exchange, Bitfinex, announced an interesting new feature called Chain Split Tokens. No one knows if or when Bitcoin Unlimited will become a thing, but CSTs allow traders to get involved early. One (current) Bitcoin equals one Bitcoin Core plus one Bitcoin Unlimited, which reflects the way things would work in a real hard fork. We’ll share more details and plenty of opinion during tonight’s stream.That news made it sound like BTU was gaining ground, but just yesterday, the software ran into more bugs. Unlimited nodes were crashing left and right, and the developers’ came up with a solution that baffled many people. They decided to release closed source patches.That’s right. Bitcoin has always been almost universally praised for having an open source, and Bitcoin Unlimited decided to take that away. What does this mean for the