Bitcoin Cash forked from the BTC blockchain on August 1, 2017. After a week of trading, it settled in at just under 10% of the value of its parent chain. Could it make the leap to become the most valuable crypto of all time?
In this video, we discuss three reasons that Bitcoin Cash has the advantage in this fight.
1. Transaction Fees – 0:24
2. Mining Stability – 1:18
3. Satoshi’s Vision – 3:04
The full Satoshi quote is as follows:
“Another option is to reduce the number of free transactions allowed per block before transaction fees are required. Nodes only take so many KB of free transactions per block before they start requiring at least 0.01 transaction fee.
The threshold should probably be lower than it currently is.
I don’t think the threshold should ever be 0. We should always allow at least some free transactions.”