You are viewing a single comment's thread from:

RE: Bitcoin Cash is currently MORE profitable to mine than Bitcoin!!! Bitcoin Cash doubled in price this week too!

in #news7 years ago

You should look up some more info about Segwit my man. Miners can take signatures out of Bitcoin transaction and spend them. They couldn't do that before.

Satoshi literally defines Bitcoin as a trail of digitial signatures proving it exists. When you can take the signature out of a transaction(Segwit AKA Segreated Witness) segregates the signature.

Never before could a miner spend the coins of a transaction, before all a 51% attack could do is reverse the last few blocks. With Segwit all Segwit blocks can be reversed since sigs aren't there.

It makes bitcoin more dangerous for no reason.

Big blocks aren't a problem. You need about 8GB of ram to handle 16MBblocks, you can use internet that is about 5 mbps to 10 mbps for 16MB blocks, and a 4TBhDD will last you for about 10 years, costs like 60 bucks. It is still very cheap.

BCH should be considered the true bitcoin by everyone. The only reason it isn't is because a bunch of people from Core/Blockstream constantly put themselves out there as some kind of savior in coding and come up with code that centralizes BTC, whereas BCHd oesn't.

Time will tell how each one does for sure. Nobody can predict it really. But BCH is exactly what Satoshi envisioned, he wrote about it in his whitepaper about Bitcoin.

Sort:  

WOW well said

i AM all in BCH

Coin Marketplace

STEEM 0.19
TRX 0.17
JST 0.031
BTC 84807.59
ETH 3302.93
USDT 1.00
SBD 2.81