Which of the leading cryptocurrencies will become more scalable and efficient in the long term?
Will it be Bitcoin with its Layer Two solutions such as the Lightning Network and Sidechains?
Or Bitcoin Cash with its on-chain scaling solutions by increasing the block size limit?
I would like to know your thoughts about this.
Will it be Bitcoin with its Layer Two solutions such as the Lightning Network and Sidechains?
Or Bitcoin Cash with its on-chain scaling solutions by increasing the block size limit?
I would like to know your thoughts about this.
Well when you think about it both have the possibility to be scalable for the long run. If bitcoin cash will need higher blocks devs will increase the capacity of blocks even further although bitcoin with layer two have the possibility to provide faster transactions not to say instant ones with LN once implemented and used by majority. You also have other solutions that are not strictly tied to blockchain tech if we look at other altcoins out there such as NANO and IOTA who not only have the potential to scale but also have free transactions.
To my mind every coin out there will have to scale and will upgrade their code base, we have yet to see what solution works the best.