Quote from: FrenchBTC on July 31, 2017, 07:11:48 PM

Hello,

1st of all sorry for my English (I'm French,1st message here and thanks to all of you for contributing to it ) but I have some questions I did'nt find any answer regarding the hardfork tommorow :

1) Will BCCs be used for selling and buying products (so also used as a money) or will it just be a "technical issue" for BTC resolved by this split ? In fact will it help having more faster transactions and less fees for BTCs or will the transactions be faster and cheaper only by using BCCs ?? If it's that, why will BCC have any value ??

1) I understood that same amount of BCC compared to existing BTCs will be created so a little bit more than 16 millions : BUT will there be also people continuing like a "parallel mining" to reach 23 BCCs in 2140 like for BTC ?

Thanks for your first answers !

1. Some merchants do accept altcoins and if BCC survives long enough then it might be used for buying or selling products.

2. Segwit does solve the technical/scaling issue. In my opinion, this UAHF or split is just a hurried reckless decision which isn't going to have any impact on bitcoin and might not even be productive for the small number of people behind it.

3. Bitcoin, Segwit, LN, Schnorr signature (anti-spam), and then 2 MB increase in blocksize if necessary is more than enough for cheaper and faster transactions. BCC is another implementation of bitcoin protocol, a separate blockchain with different set of rules.

4. Bitcoin Cash preserves the existing blockchain at the time of split so all 1 BTC:1 BCC. Yeah so 16 million BCC would be created and possibly the cap would be similar to bitcoin, 21 million, mining on a different blockchain.

5. BCC is not Bitcoin, it is an altcoin and like thousands of altcoins it is not going to have any impact on BTC and if it somehow survives it would exist as an altcoin with a very much lower value than bitcoin.