Saturday, 2 January 2021

How can we avoid BCH centralization?

According to BTC supporters, in the near future, if BCH begins to be widely adopted, the blockchain could grow nearly 4 GB/day. It seems inevitable that most individual nodes will eventually disappear due to a lack of storage and only the corporations' ones will remain, which makes the blockchain potentially vulnerable.

This would be the main problem of cryptocurrencies, but especially of BCH, as the blocks' size is larger.

Do you think this will happen? How could we avoid this situation? Is there something we can do? Would layer 2 solutions be a good idea? Is it possible to store just a part of the blockchain without losing the hash rate?

I would like to hear all opinions and perspectives.

submitted by /u/VIKTAUR
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source https://www.reddit.com/r/btc/comments/kolz3n/how_can_we_avoid_bch_centralization/

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