What is the cause for 10 times growth of BCH transaction in last month? When we check other coins their number of transactions is mainly as it was in past year. LTC had x4 growth half a year ago since its blockchain was used for one blockchain game. Now is almost back on previous levels. Monero, that is experiencing growth of transactions in past year have about 10% growth per month. BCH had a monster 1000% growth in a single month.
https://bitinfocharts.com/comparison/transactions-ltc-bch-xmr-doge-dash.html#6m
Why?
I made teh same post on r/btc subbreddit. Lets see if someone finds causes. Will post them here.
As the bull season is getting started most traders are now transferring their holdings in either safe wallets or swapping them for their favorite coins causing surge in transactions. As far as bch is concerned looks like its years of work with many btc atm providers and other retailersnow bch is being used as btc alternative maybe due to quicker and cheaper transactions, just like the fact that people are mostly using trx now instead of eth due to high transaction costs. https://bitinfocharts.com/comparison/transactions-ltc-bch-xmr-doge-dash.html#6m
Why?
I made teh same post on r/btc subbreddit. Lets see if someone finds causes. Will post them here.
