A Peer-to-Peer Electronic Cash System * is the original Bitcoin Whitepaper.
It solved the problem of double spending by using TimeStamped Confirmed Transactions.
zero Conf - Zero Confirmation Channels - are a step away from the Original Bitcoin Protocol.
They were not disabled in the original BTC, They were never enabled because the priority was making Bitcoin work securely not in speed.
They became available in the Lightning Development Kit’s June 2022, 107 release
And thats the way it should be, the flexibility to choose speed in transacting with a trusted relative or friend and avoiding the possibility of having the funds completely disappear in an unconfirmed transaction with a stranger by using zero conf.
BCH Is a shadow of BTC
For instance
On May 12, 2024, Bitcoin Cash had about 23,000 active addresses compared to Bitcoin's more than 521,000
There is a tradeoff between Security and Speed.
Bitcoin has always emphasized security.
That is why it used to be slower, not because it was crippled on purpose by bankers.
But it is now the center of a whole ecosystem of projects ingeniously combining its traditional safety with increasing speed which will enable it to take on well established payment processors such as Mastercard and Visa.
Meanwhile Bitcoin Cash can't seem to get it together and has already forked many times such as BitcoinSV and BitcoinABC (now known as ECash,)
Zero conf allows for instant transactions on chain, BTC crippled this function to push BS L2 solutions that set the ecosystem back a decade.
BCH is currently much more useful than BTC it is only a matter of time that people realize what a grift BTC is. Lightening is a useless joke, mastercard owns BTC it's not going anywhere, wake up.
It solved the problem of double spending by using TimeStamped Confirmed Transactions.
zero Conf - Zero Confirmation Channels - are a step away from the Original Bitcoin Protocol.
They were not disabled in the original BTC, They were never enabled because the priority was making Bitcoin work securely not in speed.
They became available in the Lightning Development Kit’s June 2022, 107 release
And thats the way it should be, the flexibility to choose speed in transacting with a trusted relative or friend and avoiding the possibility of having the funds completely disappear in an unconfirmed transaction with a stranger by using zero conf.
BCH Is a shadow of BTC For instance On May 12, 2024, Bitcoin Cash had about 23,000 active addresses compared to Bitcoin's more than 521,000
There is a tradeoff between Security and Speed. Bitcoin has always emphasized security. That is why it used to be slower, not because it was crippled on purpose by bankers.
But it is now the center of a whole ecosystem of projects ingeniously combining its traditional safety with increasing speed which will enable it to take on well established payment processors such as Mastercard and Visa.
Meanwhile Bitcoin Cash can't seem to get it together and has already forked many times such as BitcoinSV and BitcoinABC (now known as ECash,)
Zero conf allows for instant transactions on chain, BTC crippled this function to push BS L2 solutions that set the ecosystem back a decade.
BCH is currently much more useful than BTC it is only a matter of time that people realize what a grift BTC is. Lightening is a useless joke, mastercard owns BTC it's not going anywhere, wake up.