Post
Topic
Board Announcements (Altcoins)
Merits 1 from 1 user
Re: [ANN] Bitcoin Cash - Pro on-chain scaling - Cheaper fees
by
BitUsher
on 24/05/2019, 18:49:57 UTC
⭐ Merited by European Central Bank (1)
do you think anyone who populates this thread cares about stuff like that?

what i'm more interested in is what the exchanges make of it. there's got to be a point where trading profit is out gunned by the dangers of hosting coins this weak. they all seemed far too willing to adopt it. maybe they need to land themselves with a huge bill to realize they're playing with fire.

the centralization and laziness of development is gonna bite truly hard at some point.

This is a fair point, the fact they are using Bcash in the first place is good evidence they do not care about security. It is when merchants and exchanges start to drop BCH because its too chaotic and dangerous to use that the price will start to be effected in due time.

We already see that Bcash has moved away from cumulative work determining chain consensus due to their use of developer timestamps but they still can be double spent and reorged at the chaintip causing damage. The fact they are ok with these developer checkpoints and changing the difficulty algo reflects how little they care about the whitepaper or satoshi's intentions despite their narrative.