RE: Viva Bitcoin Cash

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Viva Bitcoin Cash

in bitcoin •  7 years ago 

Adding more blocks does nothing for the long term except make mining super expensive. And its currently pretty centralized. Also Bch is fast currently because no one is using it.

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Decentralized planning doesnt happen as quickly. Give btc time. I have 0 issue with altcoins until btc gets everything worked out. Hodl on

Mining is centralized because of the consensus algorithm, most cryptocurrencies have an issue with this, nothing specific to Bitcoin.

There are mitigations for this, like POS, or other structures, but this we shall see in the future.

My only other thing is that, what can bch do that ltc or dash or even zcash cant? And why would people choose bch over thise as an alternate to btc?

Dash has masternode centralization risk. Zcash isn't trustless. LTC carries the same stuff as BTC.

BCH is different, read my latest article: