Don't believe the HYPE! BTC trans. confirmed in 22 minutes, BCH took 3 HOURS!!!
So I decided to do a little test yesterday and send a BTC transaction and a BCH transaction at the same time.
Just to make it interesting and give BCH an unfair advantage I decided to set the BTC fee at half the reccomended amount, at around 500 sat/byte. The estimated time for confirmation was 25 BLOCKS or more than 14 hours.
Guess how long the low-fee BTC transaction took???
ONLY 22 MINUTES!!!
Which means that the high fees listed and the unconfirmed transactions (made up of spam from the tiny cabal of Chinese BCH backers) is PURE FUD!
Bitcoin still does fast and cheap transactions and works like a charm.
So then I was waiting for the BCH transaction I sent, WITH THE FULL RECCOMENDED FEE...
I was waiting....
and waiting....
and waiting......
and waiting.......
ahahaha I almost gave up but it eventually got there.
AFTER 3 LONG HOURS!
What a joke. Cheap, instant transactions? HA!
BCH has a tiny, crappy network and a hacked virus-filled "Electron" client that will send your BTC address directly to you-know-who if you don't empty it first.
Oh well. At least we can all dump this Chinese knockoff BCH and get a nice free profit from those suckers trying to pump it up.
Yet another alt-coin fail, bye bye BCH(inese).
Just to make it interesting and give BCH an unfair advantage I decided to set the BTC fee at half the reccomended amount, at around 500 sat/byte. The estimated time for confirmation was 25 BLOCKS or more than 14 hours.
Guess how long the low-fee BTC transaction took???
ONLY 22 MINUTES!!!
Which means that the high fees listed and the unconfirmed transactions (made up of spam from the tiny cabal of Chinese BCH backers) is PURE FUD!
Bitcoin still does fast and cheap transactions and works like a charm.
So then I was waiting for the BCH transaction I sent, WITH THE FULL RECCOMENDED FEE...
I was waiting....
and waiting....
and waiting......
and waiting.......
ahahaha I almost gave up but it eventually got there.
AFTER 3 LONG HOURS!
What a joke. Cheap, instant transactions? HA!
BCH has a tiny, crappy network and a hacked virus-filled "Electron" client that will send your BTC address directly to you-know-who if you don't empty it first.
Oh well. At least we can all dump this Chinese knockoff BCH and get a nice free profit from those suckers trying to pump it up.
Yet another alt-coin fail, bye bye BCH(inese).