Okay, so first of all, full disclosure: I dont own BCH, i dont even like BCH, and I dont ask this as a person who is likely to change either of those things. I am strictly a Monero person, at this time. But I am curious, because BCH encompasses a higher market cap than Monero at this time, and a large portion of liberty-minded individuals. And its just a question Ive never thought to ask straightforwardly. (Also this doesnt have to be strictly about Monero, there were other coins at the time too like Dash, but I want to focus on Monero.)
Monero was created in 2014, BCH 3 years later in 2017.
If this isnt a strawman, I believe the sole or at least main reason for forking was to increase the blocksize limit, to allow for onchain scaling. Okay. But Monero already solved this problem with the automatic blocksize limit. And this is a particularly novel solution, because it solves both sides of the equation: It prevents spam by keeping the ceiling close to usage, and it prevents consensus failure of increasing the limit in the future, since its automatic.
Now I could just stop here, because the blocksize limit seems to be the main point of contention in BCH. If so, how did Monero not fix it? Why was BCH needed?
(And its not like Monero is some random coin, its been the privacy coin, the darknet coin, and the cryptoanarchist coin for years. Fair distribution, adoption, and strong track record.)
I dont want to go on a long spiel detailing every reason why i think Monero solves every importantly solvable blockchain problem ever, because im sure i will have plenty of time engage with such ideas in the comments. But I would like to generally know why 1) You did not want to join Monero instead of create BCH and 2) Why your preference still lies with BCH?
Heres some examples of responses:
A) Didnt know Monero existed (and still doesnt? idk)
B) Ideologically opposed to privacy by default?
C) It has to be Bitcoin? (Leftover maximalism type of feelings? Or emotional attachment?)
Idk this really all that comes to me at the top of my head. Im having a hard time imagining what the reasons could be.
Feel free to list 1 to 3 solid reasons. Nonnegotiables. Please no "I like Monero too i just like BCH more" responses with no substantiation, i would like cold hard data. If you have a criticism of Monero, give it to me hot.
Also please avoid long lists of negotiables, with no single strong reason (nonnegotiable) tying it all together. Creating a long list of loosely cohesive reasons for something is usually argument with poor structural integrity, aka coming up with reasons to meet parity with ones feelings.
Anyways, interested to hear the responses.
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source https://www.reddit.com/r/btc/comments/uru1sj/why_was_bch_created_when_the_big_block_community/
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