BTC vs BCH - Crypto Coin Due Diligence
Here's a summary of some due diligence research that we've done on a couple cryptocurrencies.
This is a test,
so if you like the idea give it an upvote
and we'll gladly publish more findings from our research.
If any information is wrong or you have additional information, leave a comment and we'll update.
Bitcoin - BTC
TEAM
- Wladimir J. van der Laan - Maintains Bitcoin Core repositories as of 2016
- Peter Todd - Outspoken Bitcoin Core Developer
- The MIT Digital Currency Initiative funds some development of Bitcoin Core.
- Who is Satoshi Nakamoto?
TRACTION
- Oldest cryptocurrency (Jan 2009)
- Biggest market cap ($60B+)
- Largest trading volume most days
- Highest price per coin
BIZ MODEL
- Limited supply - deflationary
- Bitcoin Core chain fees for median transactions have risen to $3. (source)
- Bitcoin holders currently pay miners billions a year through block rewards of 12.5 every ten minutes. (source)
Bitcoin Cash - BCH or BCC
TEAM
- ??? - more research needed here
TRACTION
Major Mining Pools support
- Bitclub
- ViaBTC
- ‘unknown mining pool’ - represents 90%+ of Bitcoin Cash mining. Ghost of Satoshi or...
- Bitmain
- officially - will start mining if "at least one of SegWit supporters/fan pools start to mining BCC"
- unofficially - may already be mining 90%+ of Bitcoin Cash (as the 'unknown mining pool')
TECH
- 8MB block size
- More transactions possible per day than BTC...for now (source)
- Easier mining difficulty than BTC (for now)
- More profitable for miners than BTC (for now)
BIZ MODEL
- "Fees are currently some 350x lower on the Bitcoin Cash chain than on the Bitcoin Core chain where fees for median transactions have risen to $3". (source)
To be continued...
good job..
Disclaimer: I am just a bot trying to be helpful.
Congratulations @cryptocurious! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here
If you no longer want to receive notifications, reply to this comment with the word
STOP
Congratulations @cryptocurious! You have received a personal award!
Click on the badge to view your Board of Honor.
Do not miss the last post from @steemitboard:
SteemitBoard and the Veterans on Steemit - The First Community Badge.
Congratulations @cryptocurious! You received a personal award!
You can view your badges on your Steem Board and compare to others on the Steem Ranking
Vote for @Steemitboard as a witness to get one more award and increased upvotes!
hello great chance
join now and earn 25$ for investment
https://www.adsok.com/en/register?referral=zexqDzAg
Flagged for spamming