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Author Topic: Bitcoin vs Bitcoin Cash  (Read 821 times)
Abiky (OP)
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May 28, 2018, 01:24:34 AM
 #1

Which of the leading cryptocurrencies will become more scalable and efficient in the long term?

Will it be Bitcoin with its Layer Two solutions such as the Lightning Network and Sidechains?

Or Bitcoin Cash with its on-chain scaling solutions by increasing the block size limit?

I would like to know your thoughts about this. Smiley

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May 28, 2018, 01:28:13 AM
 #2

Which of the leading cryptocurrencies will become more scalable and efficient in the long term?

Will it be Bitcoin with its Layer Two solutions such as the Lightning Network and Sidechains?

Or Bitcoin Cash with its on-chain scaling solutions by increasing the block size limit?

I would like to know your thoughts about this. Smiley
i thought this kind of topic was probihibited here, well actually i dont know the answer i dont even use bitcoin cash. but bitcoin now has a development it was fast and low fees in transaction.
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May 28, 2018, 01:49:10 AM
 #3

I will choose bitcoin because bitcoin is easier to do meaning it will be more efficient because we when doing transaction with bitcoin we live only exchanged it but if Bitcoin Cash have to convert back to bitcoin in transact it in my opinion.
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May 28, 2018, 02:48:08 AM
 #4

I will choose bitcoin because bitcoin is easier to do meaning it will be more efficient because we when doing transaction with bitcoin we live only exchanged it but if Bitcoin Cash have to convert back to bitcoin in transact it in my opinion.

If you preferred to use BCash though why would you convert it into bitcoin after a transaction? Thats adding a lot of unnecessary friction to a friction-less payment system.
You can store BCash in the same way as Bitcoin and send/receive in the same way to (unless you consider lightning which then you cant).

I don't know enough about BCash to make a call on how good it could be. Arguably its more in satoshi's vision as he suggested that on-chain scaling via bigger block size was the way to get closer to Visa amounts of transactions (however this would be at like 1gb block size w/o Segwit). There are drawbacks to this considering the amount of time it would take to communicate a block to the network, size of actual chain etc.

I like the way bitcoin is going by refining itself and being a more efficient machine. If Bitcoin wanted to develop with a larger block size it would be best to do that with the most efficiencies in place first (walking before it runs).

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May 28, 2018, 02:51:13 AM
 #5

the answer is way too obvious that it feels silly even saying it! of course it is bitcoin.

bitcoin cash put aside all the second layer solutions and all the other solutions for scaling and even attacked them by spreading a lot of misinformation about it. their view is that the ONLY way of scaling is to increase the block size.
with that in mind, we have bitcoin that has all these solutions for scaling (SegWit, Signature aggregation, Schnorr,...) and the second layer solution (Lightning Network) and if we feel the need to increase the block size we will increase it in the future!

so on one hand we have BCH which only has 1 solution: increasing block size and has already exhausted that solution which has a lot of downsides
on the other hand we have bitcoin which has the solution that BCH used in the back pocket while other solutions are put to action.

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May 28, 2018, 04:16:37 AM
 #6

Bitcoin all the way because not everyone uses Bitcoin cash making their solution not that useful. Imo Bitcoin Cash's solution seems a bit rushed because if Bitcoin Cash was better a lot of people would've switched and their blocks should be flowing with transactions by now. The solutions we have with Bitcoin seems to be enough for now to maintain the low miner fee and if transactions starts to increase in the future there will always be a solution ready to be made.

i thought this kind of topic was probihibited here, well actually i dont know the answer i dont even use bitcoin cash. but bitcoin now has a development it was fast and low fees in transaction.
Afaik it's not, topics like these are only prohibited on r/bitcoin cmiiw.

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May 28, 2018, 04:23:45 AM
 #7

I think in bitcoin it is still better than bitcoin cash
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May 28, 2018, 04:47:35 AM
 #8

Its tough to say which one, we spent a few months where if you invest it could be profitable project.  but now market is too much difficult to know which is better. so as my opinion BITCOIN CASH is better for long term investment.
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May 28, 2018, 05:12:09 AM
 #9

Which of the leading cryptocurrencies will become more scalable and efficient in the long term?

Will it be Bitcoin with its Layer Two solutions such as the Lightning Network and Sidechains?

Or Bitcoin Cash with its on-chain scaling solutions by increasing the block size limit?

I would like to know your thoughts about this. Smiley

It all depends which you think is more important in the long run,

If you believe onchain scaling is more important, you pick Bitcoin Cash.

If you believe Lightning Network scaling is more important, then you pick Bitcoin Core.

Why did I say Lightning Network Scaling instead of offchain scaling.

Because any 3rd party can provide offchain scaling for any coin, with offchain transactions capacity that could rival visa.
LN is not the only way to scale offchain , that is the fallacy being promoted by many confused people.

So if offchain scaling is your pick then any coin with a 3rd party can scale,

if you believe specifically in LN only, then Bitcoin Core is your pick.

But to be perfectly honest both bitcoin core & cash are ignoring the elephant in the room, both use insane amounts of electricity and neither see that as a problem.


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May 28, 2018, 05:17:51 AM
 #10

I think if promotion and promotion and consumers are winning bitcoin rather than bitcoin cash and if they look at their two more likely bitcoins are far from bitcoin cash not only the bitcoin price is higher than their future
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May 28, 2018, 05:54:37 AM
 #11

Which of the leading cryptocurrencies will become more scalable and efficient in the long term?

Will it be Bitcoin with its Layer Two solutions such as the Lightning Network and Sidechains?

Or Bitcoin Cash with its on-chain scaling solutions by increasing the block size limit?

I would like to know your thoughts about this. Smiley

The answer are obviously, of course it's bitcoin.
We know that bitcoin we used all the way and it's good through the transactions. But if you believe in onchain scaling are more important, you may choose bitcoin cash.

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May 28, 2018, 05:59:57 AM
 #12

Differences Bitcoin Cash and Bitcoin in terms of security, Both have a high level of security. It's just that with the existence of hard fork or block that can not be validated in Bitcoin, of course safer Bitcoin Cash. The evidence shows that Bitcoin still has a gap. It also indicates that the Bitcoin block is unstable. Unlike the Bitcoin Cash that does not need to worry about the hard fork or any disturbance. That is why the price of BCH (unit Bitcoin Cash) soared. Usually, when Bitcoin is experiencing hard fork, the transaction will be paused. Well, here's where Bitcoin Cash comes in to support it.
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May 28, 2018, 06:19:59 AM
 #13

Bitcoin cash much younger then bitcoin.Bitcoin works like real currency on the other hand  bitcoin cash work like digital currency.
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May 28, 2018, 06:25:58 AM
 #14

For the future between bitcoin and BCH that have a bright future but I think BCH is better for the long term which has good potential in the development of block.
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May 28, 2018, 06:51:23 AM
 #15

When Roger Ver gets confronted by the question that Bitcoin Cash will not scale, he always respond with the same answer like a parrot. "Bitcoin Cash can also implement the Lightning Network"

So, they are just waiting for Bitcoin Core developers to do all the work and then they want to copy what Bitcoin does. In the end, if the Lightning Network is hugely succesful on Bitcoin and on-chain scaling over at Bitcoin Cash fail, then Bitcoin Cash will just implement the Lightning Network. <According to Roger Ver, Bitcoin Cash can implement the Lightning Network without SegWit>  Roll Eyes

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May 28, 2018, 06:54:49 AM
 #16

Everyone should read this article about Ethereum blockchain's exponentially growing size and its other anticipated problems. I believe it will also apply on Bitcoin Cash.

https://hackernoon.com/the-ethereum-blockchain-size-has-exceeded-1tb-and-yes-its-an-issue-2b650b5f4f62

The article also discusses about block propagation, network latency, node centralization and network demand.

When Roger Ver gets confronted by the question that Bitcoin Cash will not scale, he always respond with the same answer like a parrot. "Bitcoin Cash can also implement the Lightning Network"

So, they are just waiting for Bitcoin Core developers to do all the work and then they want to copy what Bitcoin does. In the end, if the Lightning Network is hugely succesful on Bitcoin and on-chain scaling over at Bitcoin Cash fail, then Bitcoin Cash will just implement the Lightning Network. <According to Roger Ver, Bitcoin Cash can implement the Lightning Network without SegWit>  Roll Eyes

They will need Segwit. I hope they implement it. It will be a win for the Core developers. Cool

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May 28, 2018, 06:58:03 AM
 #17

Which of the leading cryptocurrencies will become more scalable and efficient in the long term?

Will it be Bitcoin with its Layer Two solutions such as the Lightning Network and Sidechains?

Or Bitcoin Cash with its on-chain scaling solutions by increasing the block size limit?

I would like to know your thoughts about this. Smiley

Well when you think about it both have the possibility to be scalable for the long run. If bitcoin cash will need higher blocks devs will increase the capacity of blocks even further although bitcoin with layer two have the possibility to provide faster transactions not to say instant ones with LN once implemented and used by majority. You also have other solutions that are not strictly tied to blockchain tech if we look at other altcoins out there such as NANO and IOTA who not only have the potential to scale but also have free transactions.

To my mind every coin out there will have to scale and will upgrade their code base, we have yet to see what solution works the best.
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May 28, 2018, 07:10:51 AM
 #18

Why do you have to choose between the two? They are different systems. and they can co-exist in the emerging financial world.

If the question was ' which would you choose as a store of wealth?', then I would answer - Bitcoin.

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May 28, 2018, 07:11:36 AM
 #19

For the future between bitcoin and BCH that have a bright future but I think BCH is better for the long term which has good potential in the development of block.
For fast and reliable transaction bitcoin is the best.Bitcoin can handle hundreds of thousands transaction per second and cannot encounter any problem at all.BCH and Bitcoin is good for a long term investments
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May 28, 2018, 07:32:37 AM
 #20

To be first or foremost until later I think bitcoin will always be the main one, but BCH with a cheap price also has a good chance for investment.
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