Something tells me if BCH could be easily 51% attacked, it would have been already. The rational of 1MB BTC block size limits just doesn't hold water to anyone who really thinks critically about the justifications small blockers have made. The addition of "replace by fee" was the clear indication that using bitcoin for commerce was a threat to traditional banking and it needed to be stopped. BCH is what Bitcoin used to be and what it was intended to be. Low fees, "lightening" fast transactions on chain. Anyone that actually uses bitcoin would quickly realize that BCH just works.
It's not an if, it's a fact, both BTC and BCH are using SHA256 as mining algorithm and the majority of miners abandoned BCH for BTC. Neither is very good when it comes to scaling for their own reasons.
BCH needs to change mining algorithm to become secure and the lightning network needs to go mainstream for BTC to succeed. Until then you might as well avoid them both and use alt coins instead with better solutions to the scaling problem already from the beginning.
You might be right, but with no artificial cap on block size, bch has a greater path to scaling before there needs to be a change in the hashing algorithm.
*Had, back in 2008 hard drives where common and kept growing. Had we'd followed that path instead of moving over to SSD's and cloud storage, we'd have 32 or 64TB hard drives as standard today in most devices. Which means the BCH path would have made perfect sense, and the whole chain could have easily been stored on home PC's.
Now SSD's is getting cheaper too and local device storage keeps growing again. Soon on chain storage might and unlimited block size might be feasible again. But I bet before that we'll see way better scaling solutions. Lot's of coins already have better properties then both BTC and BCH.
BTC's only advantage is it's insanely high hash rate making it the most secure coin.
I can educate you on how to make good profits on crypto investment, 5% of your investment capital every day. follow me on WhatsApp for more information.
+15134633590
Something tells me if BCH could be easily 51% attacked, it would have been already. The rational of 1MB BTC block size limits just doesn't hold water to anyone who really thinks critically about the justifications small blockers have made. The addition of "replace by fee" was the clear indication that using bitcoin for commerce was a threat to traditional banking and it needed to be stopped. BCH is what Bitcoin used to be and what it was intended to be. Low fees, "lightening" fast transactions on chain. Anyone that actually uses bitcoin would quickly realize that BCH just works.
It's not an if, it's a fact, both BTC and BCH are using SHA256 as mining algorithm and the majority of miners abandoned BCH for BTC. Neither is very good when it comes to scaling for their own reasons.
BCH needs to change mining algorithm to become secure and the lightning network needs to go mainstream for BTC to succeed. Until then you might as well avoid them both and use alt coins instead with better solutions to the scaling problem already from the beginning.
You might be right, but with no artificial cap on block size, bch has a greater path to scaling before there needs to be a change in the hashing algorithm.
*Had, back in 2008 hard drives where common and kept growing. Had we'd followed that path instead of moving over to SSD's and cloud storage, we'd have 32 or 64TB hard drives as standard today in most devices. Which means the BCH path would have made perfect sense, and the whole chain could have easily been stored on home PC's.
Now SSD's is getting cheaper too and local device storage keeps growing again. Soon on chain storage might and unlimited block size might be feasible again. But I bet before that we'll see way better scaling solutions. Lot's of coins already have better properties then both BTC and BCH.
BTC's only advantage is it's insanely high hash rate making it the most secure coin.
I can educate you on how to make good profits on crypto investment, 5% of your investment capital every day. follow me on WhatsApp for more information. +15134633590
no thanks