BCH moves further, identified as the strongest blockchain cryptocurrency

According to AMBcrypto, bitcoin core developer Jimmy Song and BCH supporter Roger Ver have debated at the blockchain conference. Song believes that Bitcoin is the central reserve bank of BCH. In addition, the hard fork is actually a roadmap for the project determined by a group of elites and forces the community to upgrade. According to Song, Bituland Wu Jihan and Craig Wright are fighting for "controlling the direction of BCH." Regarding the issue of BCH centralization, Roger Ver responded that decentralization is the reason why many parties fight in the BCH ecosystem, and this is what happens in a multi-centered space. In addition, Roger Ver also proposed to make a 10-year bet with Jimmy Song, who predicted that BCH will have a higher market capitalization than BTC in the next decade. Given the length of time, Song said that he was not interested in this matter.

at the editing present, the value of BCH is worth $436.09, ranking the top 4 in the cryptocurrency market.

According to Cointelegraph, the BCH stress test allowed more than 2.1 million transactions to be processed on the chain for 24 hours. According to BCH reddit data, the average transaction cost of BCH did not increase, actually dropped from 0.002 US dollars to 0.0017 US dollars. According to Coin Dance, during the stress test, the number of microtransactions on the BCH network surged to 14,300 per block.

According to Fork.lol, the number of transactions on the BCH network is up to 25,700 per block, which is higher than the average interval of 90 to 150 transactions per block. The average number of BCH transactions per block of BTC is between 1000 and 1500. The test is designed to process “millions of least-cost transactions” within 24 hours to demonstrate the capacity and scalability of the BCH blockchain, as well as the services for developers and the services they operate, as well as distributed applications (DApps). data.

In addition, Ukraine's cryptocurrency regulation is rapidly approaching. The cryptocurrency is not yet ready to be accepted as a recognized fiat currency, but the more it is accepted as a substitute for fiat money, the greater the chance that it will be accepted by the mainstream.

Recent stress tests have proven that Bitcoin BCH is one of the most powerful cryptocurrency blockchains. Because of this, digital currency is a retailer's favorite to some extent because it provides fast transactions at a very low cost. As cryptocurrencies have new applications every day, it will continue to prove itself to be the perfect global retail digital currency.