Thursday, 10 June 2021

Why is BCH better than BTC?

I am coming from a neutral point of view, and learning about crypro currencies. If i understood correctly, BCH's main difference to btc is being able to process more transactions per seconds because of its higher block size (currently up to 32mb/block).

But isn't that still way to less transactions? 32mb blocks are capable to do around 170 tx/s, which is way more than bitcoin obviously, but isnt this still way too little for mass adoption, so it can be used as an actual currency? Right now it seems to work, as the traffic on the network is low, but isnt this approach just delaying the scalability problem? Doing research on this i found out it is planned to increase the blocksize even more, i've read numbers up to 256mb. This would increase the tx/s, but wouldnt this lead to massive centralisation aswell? 1gb of blockchain in less than 1 hour?

submitted by /u/Kippenstopfer
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source https://www.reddit.com/r/btc/comments/nw2il9/why_is_bch_better_than_btc/

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