Business 16 March 2018

Erik Gibbs

Electronic Frontier Foundation now accepts Bitcoin BCH

There is still a lot of confusion about legacy Bitcoin (BTC) and Bitcoin Cash (BCH), and some don’t realize they are two completely independent cryptocurrencies. But, let’s not get away from the real subject of this story. The Electronic Frontier Foundation (EFF) has announced that it now accepts payments via Bitcoin Cash. This is good news, as it continues to show how the cryptocurrency is evolving and gaining more traction.

The EFF is a nonprofit organization that defends civil liberties surrounding digital copyrights. It was founded in 1990, and fights for user privacy and free expression. It has a successful track record of defending individual rights through litigation, activism and technology development. The organization serves a real purpose and makes a real difference, but may need a little help when it comes to cryptocurrencies.

In announcing the inclusion of Bitcoin Cash as a payment option, the EFF didn’t go the extra step to distinguish between BTC and BCH. Visiting the donation page on their site, there are only three payment options—credit card, Bitcoin, or PayPal. Only after clicking on the Bitcoin option is the donor allowed to choose Bitcoin Cash, although the page header still reads “Pay with Bitcoin.”

Bitcoin Cash is not BTC, but the people over at EFF got one thing right: Bitcoin Cash is the true remaining Bitcoin as envisioned in the original Satoshi Nakamoto white paper. The BTC chain may have inherited the name “BTC” largely due to history, but it is Bitcoin Cash that much more closely resembles the Bitcoin that sparked the entire digital currency boom.

Note: Tokens on the Bitcoin Core (SegWit) chain are referenced as BTC coins; tokens on the Bitcoin Cash ABC chain are referenced as BCH, BCH-ABC or BAB coins.

Bitcoin Satoshi Vision (BSV) is today the only Bitcoin project that follows the original Satoshi Nakamoto whitepaper, and that follows the original Satoshi protocol and design. BSV is the only public blockchain that maintains the original vision for Bitcoin and will massively scale to become the world’s new money and enterprise blockchain.

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