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BCH research - Feedback?

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by COINS NEWS 50 Views

After the last price increase, I started reading about Bitcoin Cash and I have several questions I need you to answer. I am a beginner so please...behave!

Overall, what I found is that BCH is a feasible option for daily use: faster and cheaper transactions, scalable, decentralized (not a security!), limited supply. Its fundamentals are born like BTC (it is a fork, indeed) so it can also be a store of value.

  • Why it is not a winner? Why BTC has all the lights?

  • Is its security really a problem, when compared with BTC? This is related with the bigger blocks size

  • The software, Bitcoin Cash Node, is an open-source software under the terms of the MIT license, and the minimum hardware requirements I found in the internet are pretty average (250 GB space, 2 GB RAM). This does not seem an obstacle for its adoption. Maybe these requirements are insufficient during the peaks of the chain workload?

Please, somebody provide information. I started reading about BCH recently (because of the pump, yes) and looks like a very interesting project. I need to understand the disadvantages, if any.

submitted by /u/Rowelt85
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