BCH EDA Was Designed to Cause Bitcoin Network Congestion, Former Dev Claims

A lot has been said about the Bitcoin Cash mining difficulty algorithm. This EDA has caused so much controversy in its brief lifespan, it isn’t entirely surprising that the BCH developers decided to get rid of it once and for all. It now appears one of the people responsible for creating the EDA has acknowledged this technology was designed to harm Bitcoin first and foremost. That’s a rather irresponsible approach, to say the very least.

BCH EDA was an Attack Against Bitcoin

Over the past few months, people have discovered multiple shortcomings of the Bitcoin Cash EDA. Not only is this difficulty adjustment algorithm part of the reason why the BCH supply is so inflated, miners have taken advantage of this technology as a way to manipulate the network difficulty on multiple occasions. It is evident the design of this EDA was questionable at best, and things have only gotten worse over time. Thankfully, the upcoming hard fork will remove this EDA once and for all.

In a surprising turn of events, one of the people who worked on this EDA now admits it was implemented due to the lack of any other viable option at the time and designed with malicious intent. Despite some struggles, the EDA has largely accomplished its goals, which include preventing the blockchain from dying and encouraging miners to participate in the so-called flippening. So far there is no flippening to speak of, and Bitcoin Cash is facing an even steeper uphill battle now than before.

However, the latter objective has many Bitcoin supporters up in arms right now. The Bitcoin Cash EDA was, according to its chief scientist, developed to take hash power away from Core in “bursts”. We have seen the hashpower of BTC and BCH fluctuate wildly depending on which coin was more profitable at any given moment. Given the manipulation of this difficulty over the past few months, this part succeeded. As miners were lured away, network congestion on the Bitcoin network became a very real problem once again. This was all orchestrated to demonstrate that small blocks are a problem and big blocks are the future of Bitcoin.

So far, however, the EDA has not entirely succeeded in its mission. Multiple attacks on Bitcoin intended to cause congestion haven’t had any lingering effects. Even the latest attack – which took place this weekend – has been somewhat thwarted already. This scheme devised by Bitcoin Cash’s developers and backers is falling apart as we speak, even though speculators will keep pushing its price up for quite some time to come. It is evident this dubious project should never have existed in the first place. It was an irresponsible attempt to discredit Bitcoin, but it ultimately backfired.

Political shenanigans in the Bitcoin world have brought out the worst in people over these past few months. The initial “takeover” attempts in the form of Bitcoin XT and Bitcoin Classic failed before they could cause any lasting damage. By introducing Bitcoin Cash as a hard fork and airdrop, the team played their trump card pretty quickly. This focus on politics rather than on making Bitcoin a better currency overall has proven quite problematic. Right now, the community is far more fractured than it ever was before.

The bigger question is how this news will be received by the Bitcoin Cash community. A lot of people will dismiss the chief scientist’s admission as a fraud, even though it is evident there is a lot of truth to this confession. Moreover, it shows the incompetence of the Bitcoin Cash developers who decided to implement an ill-advised, risky EDA as a way to successfully launch their altcoin in time. Combined with last week’s price pump, it is evident things aren’t going according to plan. There are possibly even more skeletons in the closet which we have yet to discover.

  • Nathan Gibson

    “A lot of people will dismiss the chief scientist’s admission as a fraud, even though it is evident there is a lot of truth to this confession. ” -Cryptowebsites are like ICOs, full of trashposts.

    Still feeling like Bitcoin Cash is the true successor. In the end, we’re looking for the best coin. Hopefully people can be fickle and see that BTC is corrupted by rich bureaucrats now. Core team doing the very things we were fleeing when we all flocked to the scene.

    Why wouldn’t I just use my visa if you’re going to charge me $7 per transfer? Just use fiat?
    If that is the true purpose of BTC then you hold mine. I’m going to hold the coin with some RL utility.

    BTC really has become everything they said it would, worthless and meaningless. It depreciates itself as you use it. It literally is a tulip bulb now because it has no real world utility.

    • Jjjj

      YOur so stupid because you cannot see the future of bitcoin, lighting network etc.. any crypto is weak now. The future is yet to come

      • Chris

        dude if i have to wait 30+ minutes for a transaction to go through on bitcoin to another wallet and less than 5 minutes for a transaction to go through on bitcoin cash, i’m gonna go with cash any day of the week

        not only is bitcoin’s direction is going against the community’s vision of what it was originally supposed to be, but it’s just simply not as good as bitcoin cash from how it handles transactions on the blockchain to how the developers are building it

        the future’s definitely coming, but i sincerely doubt og bitcoin will have any part of it, if it stays on this trajectory lol

        • Nathan Gibson

          @disqus_KiCYnhqRLT:disqus Why try? Common sense doesn’t even factor here.

          > 3. The bitcoin system turns out to be socially useful and valuable, so
          > that node operators feel that they are making a beneficial contribution
          > to the world by their efforts (similar to the various “@Home” compute
          > projects where people volunteer their compute resources for good causes).
          > In this case it seems to me that simple altruism can suffice to keep the
          > network running properly.

          It’s very attractive to the libertarian viewpoint if we can explain it
          properly. I’m better with code than with words though.

          Satoshi Nakamoto

    • “BTC is corrupted by rich bureaucrats now”. I laughed. And where did the money pumping BCH like crazy last Sunday come from? I guess in your view, Roger Ver is not a rich bureaucrat.

      • Nathan Gibson

        Do you think that Roger Ver alone did 7 billion dollars? There are a lot of HUGE WHALE OG Bitcoin enthusiasts that refer to the original vision for direction.

        • Ian Law

          7 billion dollars is not necessary when you are buying and selling to yourself on an unregulated exchange with zero fees just to suck in other speculators and profit. If BCH is to succeed in the long term it needs to have a better utility and better development than bitcoin. At the moment there is no sign of that and more effort is put into “publicity” than into software development. Litecoin and even vertcoin are both much better equipped for the future than BCH and it is completely irrational that their market cap is lower.

  • Bitcoin will scale, adapt and evolve, as it has been doing for 8 years, creating a thriving ecosystem and reaching a 100 billion $ value in the process. It will also prove its resilience, again and again, attack after attack, as it just did last week-end. BCH was just a reckless and unwise attack, both financially and technically (as exposed in this article). There is only one Bitcoin, and it’s called Bitcoin.

    • BenRickert

      More paranoid conspiracy garbage. The money flows due to market metrics and fundamentals not Darth Vader and the dark forces of evil. Open your eyes.

    • mapartha

      Well said.
      Bitcoin has overcome many FUDs in its 8 years of existence and it will overcome this one too.