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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: amishmanish on December 14, 2017, 12:54:11 PM



Title: Bitcoin Blockchain VS BCC blockchain: Explanations and Thoughts welcome
Post by: amishmanish on December 14, 2017, 12:54:11 PM
Someone asked if BCC will ever replace bitcoin in another post. I am relatively new to this and had been wanting to take a look at the blockchain explorers for sometime. So I took a few screenshots for the chains and they show the differences quite clearly

Some of the other differences are less obvious for which community input would be really welcome.
Here's a screenshot of the latest blocks in BCC blockchain:

https://i.imgur.com/Ww7mi1j.jpg

A few observations and questions that come to mind:
1. Number of transactions in each block are all under 500. This means that the chain will have very few unconfirmed transaction as the blocks are just not filling up with transcations. Isn't this one of the reasons that the "transfers and confirmations"on BCC are "so fast" as of now which everyone seems to be hailing??

2. The one block mined with Antminer shows just '1'transaction!! ??? Does that mean that the miner simply mined an empty block?? Can someone else shed some light on this?? ::)

Next here is a screenshot of the bitcoin blockchain:
https://i.imgur.com/WFSd1pS.jpg

The usual i guess but with almost 1500 transactions per block, which is of course pretty low from the desired scaling capacities but still goes to show that the bitcoin blocks are almost going full.

Just one question that whether the one's showing "Antminer" beside it, are they being mined by bitmain??
Any other information would be welcome guys. Thanks!


Title: Re: Bitcoin Blockchain VS BCC blockchain: Explanations and Thoughts welcome
Post by: aplistir on December 14, 2017, 01:44:44 PM
Someone asked if BCC will ever replace bitcoin in another post. I am relatively new to this and had been wanting to take a look at the blockchain explorers for sometime. So I took a few screenshots for the chains and they show the differences quite clearly

A few observations and questions that come to mind:
1. Number of transactions in each block are all under 500. This means that the chain will have very few unconfirmed transaction as the blocks are just not filling up with transcations. Isn't this one of the reasons that the "transfers and confirmations"on BCC are "so fast" as of now which everyone seems to be hailing??

2. The one block mined with Antminer shows just '1'transaction!! ??? Does that mean that the miner simply mined an empty block?? Can someone else shed some light on this?? ::)
1. Quite interesting. I thought that transactions in Bitcoin cash go faster because of the bigger blocksize. But your picture shows that it is rather because of less traffic.

2. That block was found less than 1 minute after the previous block. Sometimes when that happens it means that for some reason it was easier to find than usual. That is why the miner submitted it right away without spending additional time by filling the block. To guarantee he gets the block reward. Other-vice someone else could have submitted the block before him.
Quote from: amishmanish

The usual i guess but with almost 1500 transactions per block, which is of course pretty low from the desired scaling capacities but still goes to show that the bitcoin blocks are almost going full.!
Bitcoin blocks should be full currently because there is a huge amount of unconfirmed transactions. (148000)


Title: Re: Bitcoin Blockchain VS BCC blockchain: Explanations and Thoughts welcome
Post by: amishmanish on December 14, 2017, 03:12:18 PM
Another question to ponder.
Why are the block sizes for BCC blocks unusually large compared to bitcoin blocks for lesser amount of transactions. Does that mean the average BCC transaction size is much larger?

I am reading up and will update possible answers that i find. I hope it'd be useful for someone at a similar learning stage!


Title: Re: Bitcoin Blockchain VS BCC blockchain: Explanations and Thoughts welcome
Post by: Ucy on December 14, 2017, 07:24:18 PM
How could there be that much transactions on a new altcoin? Is this possible? What kind of transactions are they? Who is using the altcon?