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RE: WTF? Bitcoin Cash Drops A 💥Grenade In The Middle Of Segwit2x BIP102 via UASF UAHF (The Cryptoverse)

in #cryptocurrency • 7 years ago

Buy your cheap Bitcoin Cash right now. No one is going to want to pay extra for segwit transactions when they can transact on the Bitcoin Cash network for practically free.

7 years ago in #cryptocurrency by
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     7 years ago 

    Decentralized 8mb block size, vs centralized segwit sounds too tempting to resist.

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       7 years ago 

      The only question now is what will the jack boots do now that we have away around their control? Ban Bitcoin Cash?

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       7 years ago (edited)

      Increased block size prevents average Joe from being able to confirm transactions on their home computer. If anything, Bitcoin Cash is a way of centralisation and continuous profitability from mining every single transaction. Segwit is off chain and commits to the chain every n transactions, saving the user lots of fees, but having the consequential knock on the mining profitability. This has nothing to do with improving Bitcoin and more to do with greed.

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