Which is the best in transactions? | Bitcointalksearch.org

welliamy

jr. member

Activity: 78

Merit: 5

Quote from: Cryptodile on March 13, 2018, 07:15:22 AM

Hello guys, i would like to know which, between Bitcoin and Bitcoin Cash, is better for transaction ?? Thank you very much!!

The bitcoin actually has the balance and incentives right
And that is..,why it is starting to take off
Bitcoin is going to change the whole world
From a money transactional standpoint
Not for just any country,but for everywhere.

jona

member

Activity: 266

Merit: 10

I have not yet invested in bitcoin cash but my Bitcoin transaction has not really given me issues and i still believe is the best when it comes to transactions,i can,t say anything about bitcoin cash.

Happydd

sr. member

Activity: 630

Merit: 250

In my opinion, bitcoin and bitcoin cash have their own advantages. Bitcoin is a fast, cost-effective way of transferring accounts to others conveniently. In particular, bitcoin brings high profit when its price increases as high as today. Many people have invested in bitcoin.

Cryptodile

newbie

Activity: 53

Merit: 0

Quote from: ?? on ??

Bitcoin Cash (hard fork) is a result of a prolonged disagreement on how to handle the bitcoin scalability problem. A group of people not content with the new Segregated Witness feature decided to increase bitcoin transaction capacity eight times, on a different blockchain without it[1].
BitCoin Cash is an escape from the problem(scalability problem) and not solution.

Up to now scalability is not a big problem so there is no need for Bitcoin Cash (Bitcoin won Grin

)Perhaps Roger Ver has another conception.

In the future, the following solutions are feasible:

LN payments: bi-directional payment channels which allows payments to be securely routed across multiple peer-to-peer payment channels.[2]
federated sidechains:don’t require any changes to the Bitcoin consensus rules. Merged-mined sidechains, which have not been implemented yet, do require a backwards-compatible soft fork in order to transfer funds between Bitcoin and the sidechain.[3]
hub-and-spoke:is a form of transport topology optimization in which traffic routes are organized as a series of 'spokes' that connect outlying points to a central 'hub.' [4]

Sources:
#1 https://en.wikipedia.org/wiki/Bitcoin_Cash
#2 https://lightning.network/lightning-network-paper.pdf
#3 https://en.bitcoin.it/wiki/Scalability_FAQ
#4 https://en.wikipedia.org/wiki/Spoke–hub_distribution_paradigm

Thank you very much man for your answer that is really clear.

binting

member

Activity: 210

Merit: 10

Quote from: Cryptodile on March 13, 2018, 07:15:22 AM

Hello guys, i would like to know which, between Bitcoin and Bitcoin Cash, is better for transaction ?? Thank you very much!!

Well i think the best transaction is bitcoin because its very nice and wonderful communicating others using bitcoin and its better job and earninga lot of money and helping a lot of people. So that bitcoin is the best transactions.

posi

hero member

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Merit: 579

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Bitcoin and bitcoin cash share the same transaction time span before the community start to support the Lightning and SegWit. With the exclusion of Ethereum, Augur etc bitcoin is stil the best in transaction aspect.

AlexDing_average

newbie

Activity: 33

Merit: 0

BCH I assume?

suzanne5223

hero member

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As of last year BCH was the best in terms of transaction but not any more because BTC 1 confirmation was estimated to take 10 minutes while BCH does not have consistent confirmation times and it may take longer than expect to get 1 confirmation.

buwaytress

legendary

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It would really depend on what matters to you when you transact. Hugeblack already points out the immense technological upgrades already present and upcoming with Bitcoin. These aren't planned for BCH,meaning that soon enough, they will be left behind for their short-sightedness.

If quick and cheap txs are what are important to you, you can have that with Bitcoin, and soon even negligible delays and cost with LN.

Leaving aside my own obvious biases towards bitcoin, this is something you should consider: how many people would be willing to accept your coin. At any given moment, I could spend my bitcoin at any crypto friendly merchant, user, service. Even the sites that support BCH accept Bitcoin.

I can't name one merchant or user I transact with that would accept BCH. Even piratebay laughs off BCH donations.

Cryptodile

newbie

Activity: 53

Merit: 0

Hello guys, i would like to know which, between Bitcoin and Bitcoin Cash, is better for transaction ?? Thank you very much!!

Topic: Which is the best in transactions? (Read 278 times)