#164 Goodbye Bitcoin Cash (BCH)? Is on-chain Scaling Bad?

in #bitcoin7 years ago

Goodbye Bitcoin Cash (BCH)? Is on-chain Scaling Bad? ♥ Become A Patron: https://www.patreon.com/MintingCoins

Microsoft has concluded that layer 2 scaling solutions (such as "Lightning Network") are superior to on-chain scaling (like the BCH blocksize increase).

A bigger block size pushes the scaling problem down the road; and Lightning Network is a cryptographic scaling solution, and the Lightning Network has been growing rapidly, now over 1750 nodes (more than the Bitcoin Cash network).

So, in a centralized world, who can you trust when there is no one to trust? Bitconnect? Ripple? Tether? Ultimately, the more decentralized the Blockchain technology is, the graters the value may become to the world. Let's Discuss!

In a rapidly changing world, let's learn about Bitcoin, Ethereum, & Blockchain Technology, together in this video!

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===SHOW LINKS===

https://www.livecoinwatch.com/
https://coin360.io/
https://cryptowat.ch/
http://bitcoinist.com/farewell-bitcoin-cash-microsoft-chain-scaling-degrades-decentralization/
https://lnmainnet.gaben.win/
http://lnstat.ideoflux.com:3000/dashboard/db/lightning-network?refresh=5m&orgId=1
~~~ embed:Bitcoin/comments/7xbt9b/shapeshift_partners_with_bitcoincom_talks_about/?st=jdm3lgoq&sh=f44aa040 reddit metadata:fEJpdGNvaW58aHR0cHM6Ly93d3cucmVkZGl0LmNvbS9yL0JpdGNvaW4vY29tbWVudHMvN3hidDliL3NoYXBlc2hpZnRfcGFydG5lcnNfd2l0aF9iaXRjb2luY29tX3RhbGtzX2Fib3V0Lz9zdD1qZG0zbGdvcSZzaD1mNDRhYTA0MHw= ~~~
https://www.ccn.com/tether-under-scrutiny-again-as-weiss-cryptocurrency-ratings-releases-latest-alert/
https://www.upwork.com/press/2018/02/07/q4-2017-skills-index/

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Very informative.