Re: Congratulations to the NEW WELTHY ELITE. Another Bitcoin Cash maximalist is born
It is faster (...) than "Bitcoin Forked" ever was or ever will be.
(...) Gone are the days of days of delays just to get a few bucks transferred.
(...) Gone are the days of days of delays just to get a few bucks transferred.
Yeah, let's not get ahead of ourselves or anything. There have been 16 blocks mined since the hard fork. 182 blocks behind the original chain. We can't really get a sense of how much faster it might be until we start to see more than 16 blocks a day, heh.
Here's some quick math.
16 blocks x 8MB is potentially 128MB worth of transactions at peak capacity.
198 blocks x 1 MB is potentially 198MB worth of transactions at peak capacity.
Until the BitcoinCash difficulty adjusts to suit the hashpower available, it's empirically slower than Bitcoin. And this completely leaves out the issue of whether there are enough non-mining nodes in quantity and distributed evenly enough to adequately support the BitcoinCash network.
At least give it some time before you start to oversell it. I think Han Solo said it best:
