RE: Till Death Do Us Part - The Partening

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Till Death Do Us Part - The Partening

in cryptocurrency •  7 years ago 

BTC march to oblivion is inevitable unless core codes in an EDA as well, and soon. BCH has 2PH of stable hashrate since 21 December 2017, up from 1PH. If this continues a tipping point will be reached and it can be triggered by several events.

  1. Price movements. Up for BCH and down for BTC.
  2. Miners action
  3. Loss of fee revenue in BTC

BTC has a huge mempool backlog. The irony is that if that mempool disappears, fees also disappears with it. This will change the profitability dynamics and since transaction volume is going towards BCH as users are being driven away from BTC from high fees, BTC does not have a good future. EDA and bigger blocks will come too late to save it.

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