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That's because the people who fell in love with Bitcoin pre-2014 see the world-changing potential in the project again. Bitcoin Core has killed any practical u
by slindz 9y ago
That's because the people who fell in love with Bitcoin pre-2014 see the world-changing potential in the project again.
Bitcoin Core has killed any practical use cases by refusing to scale and causing $50 fees.
Bitcoin Cash works today and puts the original vision back on track.
- aeternus 9y agoWasn't the original vision that Bitcoin could be used for everyday transactions like purchasing a cup of coffee? Can Bitcoin Cash really support that rate of transactions? How large would the blocks have to be?
- slindz 9y agoBitcoin Cash has 8MB blocks today, 8x larger than Core. Core propaganda will decry this as lunacy since people won't be able to run nodes on raspberry pi's anymore. The sad reality is you can buy the hardware required for the cost of a single BTC transaction. BCH nodes/miners can increase to 32MB without a hard fork, it's just as a config setting. GB blocks are possible today with today's hardware, though those won't be necessary for quite some time. TB blocks are almost possible today, though a little further out in practice. The vision (and current reality of BCH) is that every transaction should make it in to the next block for less than a penny. Low/non-existent fees is the only way a meaningful global exchange system will emerge. Better to have everybody on the globe doing 5 transactions a day for dust than to have a few hodlers transact twice a year.