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BCH has CashFusion which makes it extremely difficult to trace, almost as good as Monero. You get the best of both worlds, great privacy and a audit-able ledger, which sound money requires. (https://bitcoiniscash.org/bitcoin-cash-privacy/)
Monero loses out to BCH because it does not scale and has bad UX. The last stress test showed Monero fails @ 700k TX per day. With problems starting ~300-500k from my experience. (https://realbitcoin.cash/post/51283)
A large spam attack can take down Monero, also if it ever reached high TX volume the fees would be just as high as BTC. Monero Avg. TX fee is 0.00027 XMR ($0.1), Avg. BCH TX fee is 0.000017 BCH ($0.0064). Monero is too expensive to transact on mass, it is a niche coin for extreme privacy.
Monero also has no scripting ability, it can barely do proper multisig. BCH is a much better solution and will dominate going forward. Monero was a good experiment but has no potential for mass adoption.
3·18 days agoThanks for the endorsment. Would be great to see projects run their own instance, it is pretty simple, low maintenance, and easily integrates with the rest of the lemmy universe. Plus drastically increases decentralization. 👍
2·23 days agoThe whole thing is very disappointing. The guy could easily launch his drivechains project on BCH but instead he starts his own fork from scratch. More profit potential in a new fork I suppose and is likely too proud to buy the BCH back he dumped back in 2017.
The bast and most peaceful way for fiat to die is a slow slide into irrelevancy.
Hope to see $10m TVL on PUSD in a year.
they must have did it for fun or by mistake 😅
Biggest mistake I see is people not seeing that BTC has no future. Development has been captured and is headed in the wrong direction. Slow and unreliable transactions are a major hindrance to adoption.
BTC and BCH are the only relevant forks of the original Bitcoin, and BCH will dominate over the long term due to its superior development and upgrade model.
BitcoinCash upgrade history - https://minisatoshi.cash/upgrade-history
I am buying up BitcoinCash as much as possible every time there is a dip. Once people realize BCH is the real Bitcoin things will get crazy.
1·27 days agoNo need for Tether anymore, we now have a real stablecoin on BitcoinCash, decentralized and non-custodial right on the bitcoin protocol. https://paryonusd.com/
BCH has on-chain native tokens like ETH this is a list of tokens that have been burned or destroyed.
CashTokens vs ERC-20 - https://buyhodlsell.com/articles/cashtokens-vs-erc20
Here is the DEX where they can be traded - https://app.cauldron.quest/tokens
This whole thing looks like a cash grab. Already has investors lined up ready for payouts.
I see it as a good thing, it allows for competition. In the current monetary system you are locked in by the banks and the state but with crypto anyone with the will can launch a coin and compete.
Yes, I check it once a day usually. It is a fun place.
ETH is a dead end because it does not scale. Their only option is to centralize it.
BitcoinCash (BCH) now has smart contracts and tokens, will replace ETH as well as everything else.
Advanced Smart Contracts on Bitcoin Cash
Have you seen or read Hijacking Bitcoin: by Roger Ver?
I read the whitepaper. Bitcoin was meant to be p2p cash first and foremost, hence the title of the whitepaper. BTC is the failed fork, most poeple will find this out the hard way. Antonopoulos is a sellout deceiver.
BitcoinCash has great privacy via CashFusion, something BTC can never achieve.
Who killed Bitcoin? - https://odysee.com/@QuantumRhino:9/Who-killed-Bitcoin--(2022):8
Don’t go off feelings. The evidence is clear core devs were compromised and Bitcoin derailed from its original purpose as p2p cash.
What is the author’s worldview?
Epstein funded the BTC side, small blockers. Their goal was to make sure Bitcoin cannot be used as a currency, which would threaten government backed bank issues notes.
BitcoinCash (BCH) is the real Bitcoin paper according to the original white paper.
Sounds centralized and custodial, totally defeats the purpose of blockchain.
Better would be to launch on BitcoinCash non-custodial and over collateralized with publicly audit-able reserves like MUSD - https://www.moria.money/
ETH is a dead end IMO. I expect it to fail slowly over the next 5 years.
BitcoinCash already does everything ETH can do but at scale. It is time…
The Road to CashTokens - Advanced Smart Contracts on Bitcoin Cash
This is as bad as it gets. Feel sorry for those who had trades open and got drained. 😢