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May 16, 2018, 09:17:11 AM |
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Bitcoin is indeed a currency that the rich can use. This is only a luxury of money. Bitcoin's current transfer rates and transaction fees are actually very unfriendly. Judging from the current performance of Bitcoin transactions, the capacity of each block has approached the upper limit. If Bitcoin cannot carry more numbers, it will limit the increase in the number of Bitcoin users. From this perspective, the value-added space of the Bitcoin Internet is very limited. For those who claim that Bitcoin can rise, it is difficult to find enough value support.
BCH is the currency of btc bifurcation. The biggest difference between him and btc is that the capacity of each bch of bch is 8M - it is 8 times that of btc, so it is theoretically ranked 8th in btc. The transaction is completed in the bch block. But now bch's trading volume is still far below btc. Similarly, the growth of bch is also very large.
BCH costs less than btc, and BCH is theoretically faster than BTC. (In fact, this difference is not important to the rich.) So people have high expectations for the Biosafety Clearing-House.
But why come to 2020? Since BTC's mining incentives are halved every four years, the latest halving is in 2017 and the next is in 2020. If BTC's mining incentives are halved, this means that the miners’ income will also be reduced by half. After all, the impact of transaction costs on miners’ income is too small. If the number of BCH users and currencies is increasing, it is clear that excavating BCH miners will become a very cost-effective thing and BTC will be completely abandoned by miners. Users must also go to the Biosafety Clearing-House.
Even if BCH can surpass BTC on a large scale, is BCH really worth the price? After all, what we need is not non-BTC, BCH. Can we have better choices in the near future? Is it really more reliable than the government-backed currency to use a currency that is very concentrated in the national flag?
So, it doesn't matter who becomes the real Bitcoin. No one can stop the world of freedom. Looking back at history, the bubble is short-lived and development is eternal.
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