General Protocols

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General Protocols

General Protocols

@GeneralProtocol

General Protocols are UTXO experts, building peer-to-peer, open-source financial tools and services on the Bitcoin Cash blockchain.

Katılım Ekim 2019
16 Takip Edilen2.4K Takipçiler
General Protocols
General Protocols@GeneralProtocol·
XO starts with a template and builds an invitation around the action you want to perform. That invitation is passed between participants, with each side contributing the required information until the action is fully defined. Once complete, the invitation can be executed with both parties understanding exactly what they are agreeing to - @monsterbitar youtube.com/shorts/NJi0Qns…
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General Protocols
General Protocols@GeneralProtocol·
Consensus doesn't begin with blocks or even with code. It begins with people deciding where to place their value, their transactions, and their trust. As @im_uname explains, every cryptocurrency is ultimately competing for human consensus, because no protocol can decide what people choose to value. youtube.com/shorts/H1P1Cpg…
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General Protocols
General Protocols@GeneralProtocol·
Consensus is not shaped by blocks alone. As @im_uname explains, with soft forks there can be uncertainty about what rules will be enforced next, creating room for social pressure and coordination outside the blockchain itself. That interaction between technical rules and human behavior has played a major role in crypto's history. youtube.com/shorts/r0V4e0z…
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General Protocols
General Protocols@GeneralProtocol·
With XO, every interaction follows the same pattern, whether it's simple or highly complex. @monsterbitar explains participants exchange invitations, contribute the required information, and execute only when everything is in place. The process stays consistent, even as the applications built on top become far more powerful. youtube.com/shorts/nymDtai…
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General Protocols
General Protocols@GeneralProtocol·
Every time your money moves, somebody gets paid. Banks. Card networks. Payment processors. We've become so used to the fees that we rarely stop to ask why they exist. youtube.com/shorts/laXg_Q7…
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General Protocols
General Protocols@GeneralProtocol·
Imagine a subscription you never signed up for. You can't cancel it. You never agreed to the terms. Most people don't even notice they're paying it... youtube.com/shorts/oqJyQYS…
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General Protocols
General Protocols@GeneralProtocol·
After rethinking the architecture, XO reached a major milestone. @monsterbitar explains, the engine produced its first valid Bitcoin Cash transaction by following nothing more than a template. It did not know what a locking script was or rely on the hardcoded assumptions that traditional wallets are built around. youtube.com/shorts/WM3vgMG…
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General Protocols
General Protocols@GeneralProtocol·
Imagine earning exactly the same salary for 10 years. No pay cut. Then one day you realize your money buys half as much as it used to. That's the invisible pay cut you took. youtube.com/shorts/9caXelh…
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General Protocols
General Protocols@GeneralProtocol·
Imagine a company that collected taxes, printed money, controlled territory and maintained its own army. It already happened. It was called the East India Company. youtube.com/shorts/CKsKeSD…
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General Protocols
General Protocols@GeneralProtocol·
Consensus is ultimately a human process... Code can enforce rules, but it cannot decide what the community values. As @EmergentReasons explains, if something matters to you, you have to participate, speak up, and help shape the outcome. Strong decentralized systems depend on engaged people as much as good code. youtube.com/shorts/yAmTUF8…
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General Protocols
General Protocols@GeneralProtocol·
The ATM let people access cash outside banking hours. Nearly 60 years later, we still build financial systems around the same assumption that someone else holds your money. youtube.com/shorts/G6_0Fio…
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General Protocols retweetledi
Bitcoin Cash (BCH)
Bitcoin Cash (BCH)@BitcoinCashOG·
Nothing is so permanent as a temporary government program. On August 15, 1971, Nixon closed the gold window - sold as a short-term emergency measure. 55 years later? It’s still closed. The foundation of today’s fiat money printer. This is exactly why Bitcoin Cash exists: fixed supply and no central authority that can “temporarily” change the rules.
General Protocols@GeneralProtocol

Governments often describe extraordinary measures as temporary. In 1971, the United States suspended dollar convertibility into gold. The measure was described as temporary, but it's still in place today. youtube.com/shorts/Q5MT87V…

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General Protocols
General Protocols@GeneralProtocol·
Governments often describe extraordinary measures as temporary. In 1971, the United States suspended dollar convertibility into gold. The measure was described as temporary, but it's still in place today. youtube.com/shorts/Q5MT87V…
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XO Cash
XO Cash@XO_bitcoincash·
Security isn't about adding more trust. It's about needing less of it. Every dependency you remove is one less thing that can fail, disappear, or be compromised.
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General Protocols
General Protocols@GeneralProtocol·
Imagine checking your bank account tomorrow and discovering part of your savings had been taken. In 2013, some depositors in Cyprus didn't have to imagine it. youtube.com/shorts/h9nPOv_…
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General Protocols
General Protocols@GeneralProtocol·
A common assumption is that fewer rules automatically mean more freedom. As @im_uname explains, the opposite is often true. When formal rules disappear, informal power structures emerge instead. The question is not whether rules exist, but whether they are transparent, predictable, and applied equally to everyone. youtube.com/shorts/6KOJW-w…
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General Protocols
General Protocols@GeneralProtocol·
Imagine waking up tomorrow and discovering every bank in the country had been ordered to close. In 1933, Americans didn't have to imagine it. youtube.com/shorts/NCqRTNl…
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General Protocols
General Protocols@GeneralProtocol·
Building a feature is only half the battle. The harder challenge is creating enough users and demand for others to care. One @XO_bitcoincash strategy is to start with proven use cases like decentralized liquidity provision, demonstrate clear value, and then let adoption spread across wallets. Once enough wallets support the same templates, entirely new applications become viable. youtube.com/shorts/yoCxOPd…
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General Protocols
General Protocols@GeneralProtocol·
In 1933, Americans were ordered to hand over much of their gold. Refusal could mean heavy fines or prison. Millions complied. Less than a year later, the official price of gold was raised. The government kept the gold. The people kept the paper. youtube.com/shorts/QSb0LxU…
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