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Like it or not, nobody wants POW. IMO it's worth it for bitcoin but a new crypto is not going to get traction with POW. Other coins have low fees and privacy.
by Graffur 6y ago
Like it or not, nobody wants POW. IMO it's worth it for bitcoin but a new crypto is not going to get traction with POW.
Other coins have low fees and privacy. Neither are unique selling points.
Why not use Algo instead of bitcoin cash? https://algorand.foundation/the-algo/algo-basics https://algorand.foundation/the-algo/algo-basics
- fidelramos 6y agoI'm not a BCH maximalist, I just want the world to benefit from sound Electronic Peer-to-Peer cash, and BCH works for that today, and is a good candidate for the future. I would use Algorand if it worked, was decentralized (haven't checked the project yet) and was accepted at shops. I disagree with your comment about PoW because hashrate moves between coins. It's not impossible for hashrate to move from BTC to BCH in the future, especially if BCH adoption continues to rise.
- m00dy 6y agoI also like Algorand. New Sec chair also likes it :) Disclaimer: I hold huge amount of Algorand as a liquidity or custodial