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Many of the people that originally saw Bitcoin as a payment processor (as digital cash) moved on to Bitcoin Cash. The scalability issues were evident from the
by oillio 6y ago
Many of the people that originally saw Bitcoin as a payment processor (as digital cash) moved on to Bitcoin Cash.
The scalability issues were evident from the beginning. The idea of running Visa scale transactions on a shared ledger were debated back in 2010. Anyone paying attention knew the main chain would, at best, be a large scale settlement layer. Other layers would be needed for day to day transactions.
- loeg 6y agoWhere did BCC go? Does anyone process payments in it?
- oillio 6y agoBCC meaning Bitcoin Cash? It is commonly called BCH now. They are still around, with a few miners. They had a few forks which split and degraded their community significantly. It is trading at about 0.013 BTC, which IMO is in line with their current impact.
- qes 6y ago> They had a few forks which split and degraded their community significantly. http://bitcoinclashic.org/ http://bitcoinclashic.org/ For those true to the _original_ Bitcoin Cash chain. lol