Post
Topic
Board Altcoin Discussion
Re: BTC or BCC
by
bathrobehero
on 29/07/2017, 06:15:04 UTC
Regarding Bitcoin ABC. ABC stands for Adjustable Block Cap, that means that with growth of demand for mempoll space, blocks are adjusted in size accordingly. BCC or BCH is just implementation of this concept. And AFAIK BCC is now is like BTC in all aspects, fork will happen only after tomorrow. As of by now, it's totally the same thing. But one will surpass another and devour it, because of much higher capacity for free transactions

You really don't read anything I wrote so far.

The argument behind any increased blocksize proposition is deeply flawed; let's say the blocksize becomes 1 gigabytes. Transaction fees would cost 1/1000 of what they are now do you can all buy your latte's with BTC without fees (except for the 10 minute blocktimes). But the problem you all seem to ignore or unable to comprehend is that spamming 1GB of transactions would cost the same fucking amount (using a very simple script) as it is today to spam the 1 MB costs. It's the exact same situation!

You have to have a transaction fee market, there's no way around that.