https://cointelegraph.com/news/after-bitcoin-swiss-bank-becomes-first-to-offer-bitcoin-cash-altcoins
Today has seen a record spike of more than 20 tx/s on the BTCitcoin-CASH network, with an ephemeral spike of more than 80000 tx in the mempool which was quickly & easily cleared by big blocks including an 8 MB block a few hours ago:
It looks like somebody spammed the BCC chain, and then somebody else retaliated with spam on the BTC chain. However, BCC handled the spam like a champ and mined an 8MB block, but the spammed BTC mempool is rendering BTC essentially useless for the next 48 hours (unless you want to pay a $20-$40 fee). I guess it's probably Blockstream vs. the Chinese?
Objectively speaking, BCC massively outperformed BTC, due to the ridiculous 1MB BTC blocksize cap. Segwit hasn't helped. And a recent Lightning Network wallet launch got a lukewarm reception.
Shout out to Vitalik Buterin for mentioning this little thread in the context of censorship!
https://www.youtube.com/watch?v=uL9VoxCFqT0