Another Case of Fake News - Trustnodes Claims Bitcoin Cash Handles Most Transactions

in #news6 years ago

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Just came across an article on trustnodes.com where they claimed that Bitcoin Cash had the highest amount of transactions of any public blockchain. Some of you might have heard that Bitcoin Cash performed a stress test recently, which increased the number of transactions processed to around 2,3 million in a 24-hour time span.

First paragraph:

Bitcoin Cash has managed to overtake ethereum’s record of 1.4 million transactions a day by mining 2.2 million during a stress test of the network that showed its limits and its capabilities. trustnodes

If we take a look at Blocktivity's statistics, we can easily spot that Bitcoin Cash has not even surpassed Steem's 24 hour transaction record. Currently EOS is also showing a 24 hour transaction record of just over 10 million transactions.

I just want to point out that it is pretty funny that a website called TRUSTnodes, publishes such untrustworthy articles. Other crypto news outlets did manage to do their research and were quick to point out that Steen, EOS and Bitshares had all beaten Bitcoin Cash's record earlier.

Investing.com did a pretty decent job, they actually included statistics from Blocktivity in their article. Even though their title is also a little bit misleading.

Bitcoin Cash (BCH) Passes Stress Test with Transaction Record - investing.com

Some news stories seemed to indicate that Bitcoin Cash's community was spreading false information, by claiming the Bitcoin Cash network processed 60% of all transactions that day. The EOS community refuted those claims, also going by Blocktivity statistics.

Bitcoin Cash [BCH] Stress Test claims total transactions of above 60%; EOS community refuses


Is it really that hard to do some proper research before publishing an article?


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At this hectic crypto times, we are living in, it gets every day harder to distinguish the truth from the well-packed lie without some serious digging. And even then we can get fooled.

In my country, we have an expression that says something like: "Every cowboy praises his horse!" - And in that sense, I would understand the author of the article if he/she is some fan of Bitcoin Cash or in some other way more deeply involved with the currency, but what is too much it's too much, as it starts to be an insult to readers' intelligence (from my point of view).

However, very good review and observation.

Yeah it did seem like the author might have been shilling for Bitcoin Cash. That wouldn't surprise me too much. Good point :)

EOS is pretty legit and has only started reaching its potential of TPS. It is going to be exciting to see where it goes in the future. Pretty sad that Bitcoin cash and those that cover it have to resort to stuff like this to stay relevant :)

Yeah, Bitcoin Cash doesn't really have the best reputation. They've been spreading all sorts of false rumors since they first split from Bitcoin Core.

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Coins mentioned in post:

CoinPrice (USD)📈 24h📈 7d
BCHBitcoin Cash631.123$-0.26%16.4%
BTCBitcoin7285.685$0.45%5.9%
EOSEOS6.475$-0.44%21.74%
STEEMSteem1.000$1.42%4.9%

Thanks for the sober perspective @daan!

@daan maybe something will change

Upvoted You!

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Just Follow The Rules 😇 Thank You!

First of all, you haven't upvoted my post.

Second, don't spam my comment feed, you'll be at reputation ZERO if you go on like this!

i upvoted you dear . you need to use partiko app that can show you instant notification please i request remove your downvote in my post and comment .

You upvoted me just now, not when you had made the comment.

Stop spamming people's comment section, I see you're just going around posting the same comment over and over.

omg i did unvote then i did again i am new i though it was not done, yeh you are saying rght coz i wanted to earn some money and seems like you dont want me here :(

You're just copy pasting the same comment over and over, this has nothing to do with being new. You know you're spamming. Quit doing that and write some original content perhaps?

i was trying that method :( i dont know how it work and how did you down vote there is not downvote button i am learning.

Flagged for spam @steemflagrewards

Don't spam people who are not interested in follows, resteems, from a new user with 15SP or you will soon have your reputation destroyed not by me but many others who don't like this kind of behaviour.

If you want to keep doing your own posts that fine by me, but if you spam other accounts that have not shown an interest in your 'service' you will be flagged.

Why not create some content that is unique, readable or informative instead?

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