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Bcash is just another altcoin. The sole reason for the existence of Bitcoin Cash is pump and dump + (covert) ASICBOOST by Bitmain (largest chinese ASIC manufac
by pierrebonbon 9y ago
Bcash is just another altcoin.
The sole reason for the existence of Bitcoin Cash is pump and dump + (covert) ASICBOOST by Bitmain (largest chinese ASIC manufacturer) leading to greater centralization and an unfair advantage.
Please take some time to read: https://medium.com/@WhalePanda/asicboost-the-reason-why-bitmain-blocked-segwit-901fd346ee9f https://medium.com/@WhalePanda/asicboost-the-reason-why-bitm...
Besides that, Lightning Network can be deployed much quicker. In fact, it already runs on testnet e.g.: https://github.com/LN-Zap/zap-desktop https://github.com/LN-Zap/zap-desktop / https://www.youtube.com/watch?v=dhpg_8D2FPI https://www.youtube.com/watch?v=dhpg_8D2FPI
So how is bitcoin core going to scale ? Take a look at this: https://www.reddit.com/r/Bitcoin/comments/7cn5dj/so_how_is_bitcoin_going_to_scale/ https://www.reddit.com/r/Bitcoin/comments/7cn5dj/so_how_is_b... (Schnorr, RSK, Segwit, Lightning and more)
- stale2002 9y agoSegwit has been active for 3 months, and average blocksize is around 1.05 MB. So in 3 whole months, segwit has scaled the network by a measly 5%. All the stuff you are talking about will likely end the same way.