Here's a summary of some due diligence research that we've done on a couple cryptocurrencies.
This is a test,
so if you like the idea give it an upvote
and we'll gladly publish more findings from our research.
If any information is wrong or you have additional information, leave a comment and we'll update.
Bitcoin - BTC
TEAM
- Wladimir J. van der Laan - Maintains Bitcoin Core repositories as of 2016
- Peter Todd - Outspoken Bitcoin Core Developer
- The MIT Digital Currency Initiative funds some development of Bitcoin Core.
- Who is Satoshi Nakamoto?
TRACTION
- Oldest cryptocurrency (Jan 2009)
- Biggest market cap ($60B+)
- Largest trading volume most days
- Highest price per coin
BIZ MODEL
- Limited supply - deflationary
- Bitcoin Core chain fees for median transactions have risen to $3. (source)
- Bitcoin holders currently pay miners billions a year through block rewards of 12.5 every ten minutes. (source)
Bitcoin Cash - BCH or BCC
TEAM
- ??? - more research needed here
TRACTION
Major Mining Pools support
- Bitclub
- ViaBTC
- ‘unknown mining pool’ - represents 90%+ of Bitcoin Cash mining. Ghost of Satoshi or...
- Bitmain
- officially - will start mining if "at least one of SegWit supporters/fan pools start to mining BCC"
- unofficially - may already be mining 90%+ of Bitcoin Cash (as the 'unknown mining pool')
TECH
- 8MB block size
- More transactions possible per day than BTC...for now (source)
- Easier mining difficulty than BTC (for now)
- More profitable for miners than BTC (for now)
BIZ MODEL
- "Fees are currently some 350x lower on the Bitcoin Cash chain than on the Bitcoin Core chain where fees for median transactions have risen to $3". (source)
To be continued...
good job..
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