Adam Back: Bitcoin has Edge Over Bitcoin Cash in Scaling

Adam Back, the inventor of HashCash who was cited in the original bitcoin whitepaper released by Satoshi Nakamoto, stated that bitcoin has an edge over Bitcoin Cash in terms of scaling, due to its infrastructure for second-layer payment channels. “SegWit is a bug fix to enable massive scaling on layer 2 and lightning. Bitcoin Cash … Continue reading Adam Back: Bitcoin has Edge Over Bitcoin Cash in Scaling

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The Centralization Issue of Scaling Bitcoin Solely by Block Size Increase

A block size increase from 1 MB to 2 MB or even to 8 MB will likely not lead to the occurence of severe technical issues that could negatively affect the bitcoin blockchain in the long-term. But, as bitcoin and security expert Andreas Antonopoulos explained at the ‘Bitcoins in Bali’ meetup on June 27th 2017, … Continue reading The Centralization Issue of Scaling Bitcoin Solely by Block Size Increase

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Bitcoin Cash Drops From $2,800 to $1,300, What Lies Ahead in Long-Term

The Bitcoin Cash price has dropped from $2,800 to $1,300 in a matter of hours, as the price of bitcoin rebounded from $5,500 to $6,400. Many bitcoin experts including former Coinbase executive and Litecoin creator Charlie Lee stated that in the long-term, it is less likely that Bitcoin Cash would be able to compete with … Continue reading Bitcoin Cash Drops From $2,800 to $1,300, What Lies Ahead in Long-Term

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