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Reason: None provided.

The way understand it, the group of people that took over BTC when Satoshi left (supposedly bankers) influenced the stalling of packet size scaling. Transaction packets were suppose to scale up in proportion to the size of the user base but this was stalled. This slowed BTC transactions down greatly. This group instead created the lightning network to solve the transaction rate issue. The lightning network may solve the problem but increases transaction costs as well. And will continue increasing them. Apparently these costs lessen the motivation of miners.

BTC Cash (BCH?) is a redesigned BTC that includes the upscale packet size and is supposedly far superior to BTC with regard to transaction rate.

It seems BTC is now better for wealth storage as where BCH is better as currency for transactions.

tl/dr bankers’ altering motives killed BTC as a currency and now BCH is better as currency.

Edit: FYI, I wrote to G-Money from Badlands about this asking for his thoughts on this since he is a HUGE BTC guy but instead of converse with me he cursed me up and down and told me not to come back.

5 days ago
2 score
Reason: Original

The way understand it, the group of people that took over BTC when Satoshi left (supposedly bankers) influenced the stalling of packet size scaling. Transaction packets were suppose to scale up in proportion to the size of the user base but this was stalled. This slowed BTC transactions down greatly. This group instead created the lightning network to solve the transaction rate issue. The lightning network may solve the problem but increases transaction costs as well. And will continue increasing them. Apparently these costs lessen the motivation of miners.

BTC Cash (BCH?) is a redesigned BTC that includes the upscale packet size and is supposedly far superior to BTC with regard to transaction rate.

It seems BTC is now better for wealth storage as where BCH is better as currency for transactions.

tl/dr bankers’ altering motives killed BTC as a currency and now BCH is better as currency.

5 days ago
1 score