🟠WHY XRP IS A SHITCOIN (Part 2)
THE MISSING HISTORY PROBLEM
The loss of over 32,000 ledgers from #XRP 's early history represents a catastrophic failure in maintaining a complete, verifiable blockchain. This "mishap" demonstrates several critical issues:
🔸Integrity Concerns
- The first 32,569 ledgers of transaction history are completely lost, representing approximately a week of network activity
- The earliest available ledger starts at #32,570, which they conveniently label as the "genesis" ledger
- This gap in history makes it impossible to verify the complete chain of transactions from true genesis
🔸Contrast with Bitcoin
- Bitcoin's blockchain maintains an unbroken chain of blocks from the genesis block (Block 0) to present day
- Every single Bitcoin transaction since January 3, 2009, is verifiable and traceable
- Bitcoin's history is immutable and complete, with no convenient "resets" or missing chunks
🚩Red Flags
- The decision to not reset to ledger #0 seems arbitrary and suspicious
- This missing history could hide critical information about initial token distribution
- The lack of transparency about what exactly happened during this "mishap" is concerning
This is yet another example of why Bitcoin's robust, transparent, and complete timechain architecture is superior to centralized blockchain #shitcoins alternatives that can lose or obscure their history. In #Bitcoin, we can verify everything back to block 0 - no exceptions, no mishaps, no convenient gaps in history.
#nostr #BitcoinEducation