BITCOIN CASH IS MOVING TO BIGGER BLOCKS AS OF MAY 15, 2018.
Can this put an end to the classic Bitcoin which is still struggling with its lightning network?
Chances are it will double in price... AGAIN!
Source: https://www.bitcoincash.org/
Can this put an end to the classic Bitcoin which is still struggling with its lightning network?
Chances are it will double in price... AGAIN!
Source: https://www.bitcoincash.org/
Bch is speculators haeven and it just got another reason to specualte even further.
Increasing the block size isn't going to matter much because they aren't even using the current capacity.
BTC avg block size = 629KB
BCH = 56KB
At least according to https://bitinfocharts.com
If BCH isn't using anything near their current capacity how would increasing the block size have any effect? Over the long term, maybe, but by then BTC will have worked out the kinks in the Lightening Network.
BCH has to do a better job of convincing people to use their network before it stands a chance of toppling BTC.
BCH is increasing the block size for the different platforms that are going to be built on top of it.
As you noted, the transactional volume that happens in the Bitcoin and Bitcoin Cash networks is way below their capacity which makes me think of what can be the main reason for the block increase in Bitcoin Cash.
I know of YOURS, Bitcoin Cash’s own Social Media Platform build on its network. Something BIG must be cooking for BCH to jump onto an almost 14 times the size of its original block size.
Nice reply 😊
Good dapps are the key to the future. Let's hope that BCH indeed has something in the wings.
Dash is actually working on DAPPs and some more amazing features in Dash Evolution. The best counter-argument against the average block size arguments is the cap on the amount of Tx that can be processed. BTC at it's 100% cannot handle 0.2% of STEEM and there have been many days where BTC had over 200K unconfirmed Tx which is a joke because without at least processing 2000Tx/s nothing on this Earth will become a halfway decent currency. At least bch would do better than BTC during congestion periods.
True. For that tho, I’m a SmartCash believer. SmartCash is “almost there” when it comes to tx’s
SmartCash and PIVX can give far better percentage gains while being safe investments than any other "Currency" that I can think of. Maybe NANO and ZenCash would be great too. SmartCash has a tiny marketcap and massive potential.
🤟😁👍
If this will be prove, we can make better opportunity
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Gran trabajo de @melip con esas Criptomonedas, de las que muy poco sabemos y nos orienta acerca de ellas
Thanks for sharing about bitcoin @melip. Success for all
That's a good news! People will use Bicoin Cash more. It would be faster.
Thanks a lot for sharing this!
Good news. Thanks for sharing the news. Hope after then the price will be increase.
Nice news bro @melip♡
Though I don't like bch... but happy to see they are being some improvement...