At Bitcoin Cash Birthday Bash, Crypto Embraces the Strange
Amid a floorshow of acrobats, cross-dressers and samurai dwarves, gambling pioneer turned cryptocurrency advocate Calvin Ayre boomed, “This is a great moment in the history of money.” It might sound a bit nonsensical, but it was far from fiction at a bitcoin cash birthday party in London last week, where a circus-meets-gypsy-themed party gathered the cryptocurrency’s local enthusiasts in celebration of the one-year anniversary of its first block. As the party proved, the block was a big one – not just in its 8 MB size, but for the crypto history books, so much so that a year later the memory of its birth remains. So, too, however, does the controversy around the project, which while still one of the world’s largest (securing $10.2 billion in value), continues to have an acrimonious relationship with those backing the blockchain from which it split. Today, bitcoin cash boasts 32 MB blocks (compared to bitcoin’s roughly 1
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