A few days ago, Eitafang founder Vitalik Buterin posted that in the short term, Ethereum can use the existing blockchain (especially those with a transaction cost per byte lower than that of Ethereum) as the data layer. Bitcoin cash (BCH) can be said to fully comply with this standard, and another natural alternative is Ethereum Classic (ETC).
Complete translation of the contents of Babbitt Kyle translation: BCH and ETC and ETH marriage? V God said that they can be used as ETH data layer in a short period of time.
After the blog post was issued, it quickly attracted a lot of comments. For example, Tuur Demeester, founding partner of Adamant Capital, commented:
- Where are the problems and prospects of EOS?
- The centralization of EOS, is the Chinese consortium backing up?
- The founder left, the market value shrank by more than 300 million, what happened to the first empty coin in the currency circle?
- Decentralized exchange Newdex strength to play "fake"
- Can the EOS first anniversary assessment list be qualified? How many points do you play?
- Quietly buy RAM worth 3.3 million EOS, is Block.one really going to be a social network?
“Vitalik recommends storing Ethereum blockchain data on Bitcoin cash. This is a terrible idea: no one uses BCash, it uses the same mining algorithm as Bitcoin, which makes it highly vulnerable to 51% attacks. ""
"This is the cost of attacking bch, the data comes from crypto51.app"
MaverickChow, a member of ethresear.ch community, also raised his own questions:
“If the BCH blockchain is hacked, what about the Ethereum data?”
However, there are also expressed support for this idea. For example, ChillingSilence, the representative of the altcoin DigiByte, replied in the original post:
"Our RPC calls are almost 1:1, because we are also based on the Bitcoin Core code base and are regularly maintained according to the upstream code. We are much safer than BCH, and due to our MultiAlgo PoW algorithm and MultiShield difficulty adjustment rules, We can resist any form of long chain restructuring…"
This is obviously to convey a “marriage” intention to Vitalik. Of course, not all project parties hold the same view. For example, EOS co-founder Daniel Larimer (BM) imitates Vitalik:
“I recommend using EOS to extend Ethereum, because the eos block headers can also be verified by Ethereum Smart Contracts, and there is no charge!”
Translator's comment: Vitalik wants to expand Ethereum by "marriage" with other lower-value chains, but it also introduces security issues to be resolved, and some low-value project parties want to use the alliance with Ethereum. Helping them grow, and the Ethereum competitors such as eos obviously don't support Vitalik, and BM's comments are more about expressing a denial of voice.
What is your opinion?