Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
AlexGR
on 19/11/2017, 06:00:01 UTC
So miners self-selecting to not mine BCH is proof of BCH mining centralization? I assert that is a useless definition of 'centralization'.

Mining centralization is proof of mining centralization. The market doesn't prefer it.


Bitcoin Cash and Bitcoin Core are equally centralized / decentralized.  Think about it.  How could they not be?

Because one is Jihan Wu's coin and does with it whatever he pleases? If he wants to change something, he can. It's his creation after all.

Bitcoin Cash has the advantage of low fees, reliable confirmation times, and the ability to scale to a global payment network.  

There is no such thing as reliable confirmation time in any chain, but particularly on BCH..

504787   2017-11-19 05:54
504786   2017-11-19 05:26
504785   2017-11-19 05:15
504784   2017-11-19 03:34
504783   2017-11-19 03:28
504782   2017-11-19 01:48
504781   2017-11-19 01:47
504780   2017-11-19 01:18
504779   2017-11-19 00:58
504778   2017-11-19 00:38

In 6 hours there should be ~36 blocks, not 11 (and twice it took over an hour for the next one)... but anyway.