Are there multiple sizes of blocks that can be used, but limited to a couple of static sizes or is there simply a minimum and maximum size for the block and it behaves in it elastic sense. 8MB block is Hugh when you compare it with just a 2MB Block which BTC will get after the actual implementation of Swegit.
Both BTC and BCC will create a healthy competition which will eventually benefit the end users of digital currency.
I agree, i hope it becomes a reality. BTC and BCC parallel markets.
What will happen if they hit parity in price?
While the chances of hitting parity are very low if not zero nothing will happen if that is the case, that would mean that bitcoin cash and bitcoin will be easily interchanged however since bitcoin at the moment is about 8 times more valuable, then that will mean that BHC has grown a lot and probably took market cap from bitcoin so I think we could make the conclusion that in that scenario BCH will look a lot more stronger than BTC.