BUIP 166: Launch a Chain for Proving Next Generation Features

Well obviously.

Until 18th may 2021, BU was de-facto a BCH project.

After the vote goes through, BU will be a project competing with BCH.

  • What did “Bitcoin Unlimited” represent then? Money for the people, global cash, freedom from bankers.

  • What will “Bitcoin Unlimited” represent now? Another experimental shitcoin that will not achieve anything, because it is an effective cash-grab attempt that was not necessary at all.

All experimental features could have been done on a huge global testnet with hundreds of machines/cheap VPSes and clouds, new coin was never needed.