About BCC (Bitcoin's Cancer Cell)

[fabiorem]

ABC finally synched. Seems I was mistaken, it is not a scam, as the coins had showed up in the ABC wallet.

It took eight days to fully synch the BCC blockchain. Its blocks folder actually have the same size of the one in Core.

Initially it didn't accept a copy of the files dated before August from the Core folder, and started overwriting them.

It is a very slow network, and since it uses the same registry folder of the BTC chain, there's no reason to keep a node on it. Besides it will increases the blocks folder over time, as it uses large blocks. I will try to send it to Bittrex, but will not dump it since it is valuing more than ether.

[1713532967]

1713532967

[1713532967]

1713532967

[1713532967]

1713532967

[elite3000]

If the majority of people except few datacenters will be able to run bcc in the future, how can the majority of miners, that probably won't be able to run bcc nodes, be able to gang and try to kill btc

By your logic there would not be altcoins at all because the bigger guys would gang and kill the smallers and the miners would switch to the more profitable ones and let the others die

[Torque]

They don't need to kill it. They just can let it slowly die through apathy.

[alyssa85]

The big block vision is one where blocks become so huge that only a few datacenters will be able to operate nodes, leading to a centralization level akin to PayPal and credit cards.

Yes a scary vision. But its that or offchain solutions enabled by segwit and Lightning Networks, also cancer. What to do?

Use alts to move money around? The fact is, there are now loads and loads of alt blockchains that work, so no need to pay high fees to move money anymore, unless the customer chooses to of course.

[Prem.Soorajpaul]

They don't need to kill it. They just can let it slowly die through apathy.

Not going to happen anytime soon. Did you checked the exchange rates? The prices have risen by 30-35% during the last 3 days. There seems to be a lot of demand out there. At least it seems to be doing better than ETH and XRP at the moment.