Can Bitcoins Cashh Live Up to Its Hyipe

in #mgsc7 years ago (edited)

Bitcoin cash (BCH) is being called out, essentially asked if its blockchain and algorithmic infrastructure can hang while bombarded with millions of transactions thrown its way. It’s an effort by enthusiasts to demonstrate BCH resilience in the face of massive adoption and usage, and they’re inviting even haters to participate.

Bitcoin Cash is Going to Get Pounded with Millions of Transactions
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“The Bitcoin Cash Stress Test is a community driven stress test of the Bitcoin Cash network and its services,” reads the aptly named site, BCH Stress Test Day. “We aim to create millions of minimum fee transactions within a 24-hour period. Such volume of minimum fee transactions will prove to merchants and businesses worldwide, and also to ourselves, that the BCH main network is capable of scaling on chain and is capable of handling such volume of transactions today.”

It’s a bold, original way to let go of theory and enter the real, empirical world. Prior to and even after 2017’s most successful fork, creating Bitcoin Cash (BCH), some pretty weighty hitters within the ecosystem openly warned about the consequences of such a move. Instability. Susceptible to attacks. And on the worrying, discouragement went. For the last ten months and change, BCH has defied all critics and soldiered on without so much as a hiccup, proving those who wished to maintain the integrity of Satoshi Nakamoto’s vision were at least onto something.

Can Bitcoin, Cash Live Up to Its Hype, Real World Stress Test is Coming

“The data collected will be of great use to developers and businesses providing services on the BCH network,” enthusiasts claim, [and] it also gives them a chance to stress test their services. Everyone is welcome to participate in the stress test, with the cost spread across the community. The cost per user is tiny.”

Indeed, notorious haters such as the anonymous handle @bitpico has repeatedly tried something along these lines, although in malicious manner (BCH Stress Test Day has noted the attempts). The handle’s current dustup includes a blurry, scrolling screen and appeals for help. Supposedly this person was a Segwit2x developer, who might’ve worked with the BTC1 team, and then threatened to continue the initial fork through November of last year, insisting only one miner was needed to be successful. Nothing came of it, however, and that will inevitably be the case this time around. The BCH Stress Testers are inviting such folks to help on the upcoming date as well.download (1).png

You Can Particpate with Very Litle Effort

September 1st, 2018, 12:00 UTC, is the testing date for anyone interested. It’s purposefully scheduled prior to the planned BCH November upgrade, and proponents hope to “make this an annual event.” The hope is “to process over 5 million minimum fee transactions within a 24 hour periods on themain BCH chains. However, this does not need to be the only aim, as we also
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