Post
Topic
Board Altcoin Discussion
Re: Bitcoin Cash vs Bitcoin SV
by
Abiky
on 15/12/2018, 02:53:49 UTC
Although Bitcoin SV has shown a great growth, and it is in the top-10 now, I remember that Bitcoin will be always the best cryptocurrency. I will work with it and not with the forks as I trust BTC always.

Bitcoin SV may have grown in price within the short term, but it could easily fail in the long term if it doesn't provide the world with real uses. This fork off the BCH blockchain, seems to be relatively unstable as it suffered a blockchain reorganization during the "Hash War". It's yet to be seen whenever the development team working on BSV strives for quality instead of quantity. Increasing the block size to 128mb is nothing if the cryptocurrency has issues in terms of stability and resiliency.

On the other hand, Bitcoin (BTC) is a reliable cryptocurrency which it's the most secure to date. The development team working on Bitcoin aims for quality in every way possible. That's why they've been careful when adopting scalable solutions for the BTC blockchain, as they don't want to mess with it in any way. The Lightning Network is believed that will scale Bitcoin safely as it helps maintain the cryptocurrency decentralized. Being a Layer-two solution, it won't have any negative impact on Bitcoin's main chain whatsoever. In case it fails, people could switch back to the main chain as usual.

Nonetheless, only time will tell us whenever both Bitcoin Cash and Bitcoin SV will survive or die. Just my opinion Smiley