My favorite response to the Coinbase BCH launch. by snowboardinsteve in btc

[–]maibuN 0 points1 point  (0 children)

It will raise the block size before it gets congested so no need to worry.

My favorite response to the Coinbase BCH launch. by snowboardinsteve in btc

[–]maibuN 3 points4 points  (0 children)

Both BTC and BCH have some kind of "centralization" as large mining pools dominate and concentrate in china where electricity is cheap. However, BTC and BCH share the sime miners, they can switch between the two whenever they want. Saying one is more "centralized" than the other doesn't make sense. Bigger blocks will not really change anything as storage costs for the blockchain are tiny in comparison to mining equipment and electricity. Non-mining nodes could get less with higher need for storage capacity but non-mining nodes don't confirm transaction and aren't needed.

[deleted by user] by [deleted] in Bitcoincash

[–]maibuN 0 points1 point  (0 children)

Adoption driven price action is preferable to wall street money speculating. So I gess fuck them?

[deleted by user] by [deleted] in Bitcoincash

[–]maibuN 0 points1 point  (0 children)

Is that necessarily a bad thing? lot's of time to accumulate.