RE: The Battle And Future Of Bitcoin In Jeopardy

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The Battle And Future Of Bitcoin In Jeopardy

in bitcoin •  7 years ago 

Yes, but that situation is not a coincidence. With this Bitcoin Cash action on the weekend i waited all weekend for a transaction to go through. about 10 dollar fee. when the dust settled it went through...
The question now is, how much longer until we have the same situation with BCH ?

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It will at least take longer. I'm not against Segwit, but it was Core who was against the quick straightforward solution for a critical problem. That was also an attack against the miners, who happen to be the foundation of BTC security and value. As a reaction, the miners who obviously have vital interests too, have striked back. I don't blame them for not having such great developers etc., but that might change.
Both BTC and BCH have become a shadow of themselves compared to the situation 3 years ago.

BCH may have helped cause it this time, but this was not a new situation. The issues started way before the launch of BCH.