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by root_axis 2562 days ago
What is the substantive meaning behind "fuckn suck"? As an example, most exchanges and processors have both BTC and BCH so if you're not a speculator there isn't much functional difference. (I know there are technical differences, but those differences don't change the fact that they are fungible blockchain tokens)
3 comments
russdpale 2562 days ago
There isn't that much difference from a functional perspective. However, they will never achieve the value of bitcoin because many of them have forsaken the properties that give bitcoin its value.

There is too much argument over which chain will win, imo, its like asking which nation will win- it doesn't have an answer. We are humans, we excel at patchworked cooperation, which is why we have so many nation states and governing systems. There will be more than enough room for users to have many choices when it comes to blockchains for the foreseeable future.

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root_axis 2562 days ago
> However, they will never achieve the value of bitcoin because many of them have forsaken the properties that give bitcoin its value.

A subjective opinion that is also irrelevant to the point. It doesn't matter how likely you think a fork is to succeed, the argument that computer software is impossible to change because "nobody would ever agree to those changes" is incorrect.

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polyomino 2562 days ago
the functional difference is that BCH doesn't have a meaningful portion of the SHA256 hashrate, so it's vulnerable to 51% attack all the time. But, it's basically worthless so nobody cares.
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root_axis 2562 days ago
That's not a functional difference since it doesn't affect how the coin functions for users. BCH is certainly more at risk for a 51% attack but the risk is an abstract threat, not something that changes the fundamental nature of BCH. Your own logic actually demonstrates this because if some future event caused BCH to have a higher share of the hashrate then your own reasoning would demand that BTC be considered illegitimate without any technical qualities of BTC having to change.
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BinaryResult 2562 days ago
BCH usage is laughable. See for yourself.

https://txhighway.com/

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root_axis 2562 days ago
I don't disagree that the usage is laughable, but that doesn't really matter if you're trying to use BCH as a currency instead of a speculation vehicle. BCH converts to cash just as easily as BTC does once its in an exchange.
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