You are viewing a single comment's thread from:
RE: Bitcoin Cash, big deal or not?
If anything, we should be happy to have a competing bitcoin, with a different solution to the scaling problem that has been crippling bitcoin for years...
If anything, we should be happy to have a competing bitcoin, with a different solution to the scaling problem that has been crippling bitcoin for years...
Good point. It seems a HF is necessary at some point, whether be it now or in the future.
Agreed but there would be no scaling problem had Blockstream not intentionally prevented a block size increase. Increasing the block size is the intended way to scale bitcoin. There was time bitcoin transactions were almost free and instant. Now I pay heavy fee's and wait minutes to hours for coin to move. All this is a result of Blockstream working to cripple bitcoin so they can profit by offering a private centralized solution.
We are witnessing a 'voting event'. Indeed exciting that new ways will be tested for the scaling issue. It may get messy, but this is Bitcoin (=free market).