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Title: What is the cause for 10 times growth of BCH transaction in last month? Post by: Febo on January 26, 2021, 05:01:34 PM What is the cause for 10 times growth of BCH transaction in last month? When we check other coins their number of transactions is mainly as it was in past year. LTC had x4 growth half a year ago since its blockchain was used for one blockchain game. Now is almost back on previous levels. Monero, that is experiencing growth of transactions in past year have about 10% growth per month. BCH had a monster 1000% growth in a single month.
https://bitinfocharts.com/comparison/transactions-ltc-bch-xmr-doge-dash.html#6m Why? I made teh same post on r/btc subbreddit. Lets see if someone finds causes. Will post them here. Title: Re: What is the cause for 10 times growth of BCH transaction in last month? Post by: Mighty_crypt on January 26, 2021, 05:06:11 PM Haters gonna hate anyways, BCH is a cool altcoin and I'm not going to judge it bad because it's a BTC fork but if you look into it's use cases it's very better in all way over bitcoin but we can't denied that BTC got the whole crypto love, in asia part of the world BCH is well recognized I believe, some hotels are accepting BCH as payment, even some stores too
Title: Re: What is the cause for 10 times growth of BCH transaction in last month? Post by: Febo on January 26, 2021, 07:17:45 PM That was the answer I guess. Noise.cash is some picture platform. So this transactions growth is similar to LTC half a year ago.
This -> https://noise.cash/ When their servers are up and running, we get 2.5 tps. For a few hours yesterday their servers were down, and BCH did 0.3 tps. Conclusion - the main actor in this growth is noise.cash. Title: Re: What is the cause for 10 times growth of BCH transaction in last month? Post by: kindbtc on January 26, 2021, 07:45:06 PM What is the cause for 10 times growth of BCH transaction in last month? When we check other coins their number of transactions is mainly as it was in past year. LTC had x4 growth half a year ago since its blockchain was used for one blockchain game. Now is almost back on previous levels. Monero, that is experiencing growth of transactions in past year have about 10% growth per month. BCH had a monster 1000% growth in a single month. As the bull season is getting started most traders are now transferring their holdings in either safe wallets or swapping them for their favorite coins causing surge in transactions. As far as bch is concerned looks like its years of work with many btc atm providers and other retailersnow bch is being used as btc alternative maybe due to quicker and cheaper transactions, just like the fact that people are mostly using trx now instead of eth due to high transaction costs.https://bitinfocharts.com/comparison/transactions-ltc-bch-xmr-doge-dash.html#6m Why? I made teh same post on r/btc subbreddit. Lets see if someone finds causes. Will post them here. |