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> BCH has to build its ecosystem up from scratch like any other altcoin. Perhaps, but BTC is throwing its ecosystem away with a core team that is committed to

by ericb 9y ago

> BCH has to build its ecosystem up from scratch like any other altcoin. Perhaps, but BTC is throwing its ecosystem away with a core team that is committed to congestion and high fees. Bitcoin Cash already has the customer side of the customer-vendor double-sided marketplace handled as well as Bitcoin does because they have approximately the same distribution among bitcoin owners. It isn't the same hurdle as litecoin--half of the chicken and egg problem is already solved. Because of the fees, and the damper they will place on sales, there's an incentive to switch to boot.

rothbardrand 9y ago
Please study the technology before making such claims. SegWit quadruples capacity, and lowers fees-- in fact the lower fees is one of the objections that resulted in BCH. The only reason there is any congestion on BTC is that the creators of BCH -- the "big blockers" have been spamming the network-- to drive up fees. If you have a significant portion of the mining hash power you can spam BTC with transactions to drive up fees and make a profit. It's not core that wants high fees-- why would they? Most people don't know of BCH and since it was done in such a half assed manner most wallets don't really support it yet.
- theprotocol 9y ago
  >SegWit quadruples capacity Not according to this: https://segwit.org/is-segwit-a-block-size-increase-705df6a8731d https://segwit.org/is-segwit-a-block-size-increase-705df6a87... Can you address it? Thanks.
- ericb 9y ago
  > It's not core that wants high fees-- why would they? https://www.reddit.com/r/btc/comments/6uw5kf/why_does_core_refuse_to_increase_block_size_and/ https://www.reddit.com/r/btc/comments/6uw5kf/why_does_core_r...