Doing Just Fine: No Need for Lightning Network The Bitcoin community has many concerns about having a second layer network known as the Lightning Network, which in some cases has already lead to "*centralized hubs*" as a user *revealed in an in-depth visual analysis**.* https://hackernoon.com/them-lightning-network-nodes-sure-do-look-centralized-to-me-what-gives-ee39c9b12ac0
https://hackernoon.com/them-lightning-network-nodes-sure-do-look-centralized-to-me-what-gives-ee39c9b12ac0 The Lightning Network was intended to alleviate the congestion on the Bitcoin network as the block size was reaching its limit. As Lightning did do its part in helping to improve the usability of Bitcoin, it came with its own problems mentioned in the analysis above and steers it away from decentralization. Quite the opposite of what most in the crypto community wants.
Because of the need for a block size increase, Bitcoin Cash has been able to progress its network and operate just as fast without the need to implement a Lightning Network of its own.
https://cash.coin.dance/blocks The CTO of *IntoTheBlock* chain analysis platform *Jesus Rodriguez* shared some of his analysis back in *August 2019* and revealed some interesting info. https://www.intotheblock.com/ Charts show some steady activity as the comparison with the number of new addresses to the number of addresses that are moving BCH to a balance of zero is almost the same.
https://hackernoon.com/a-data-centric-introduction-to-bitcoin-cash-h4hk34c0
https://hackernoon.com/a-data-centric-introduction-to-bitcoin-cash-h4hk34c0 The distribution looks to be well even globally as data shows transactions that take place from East-West.
https://hackernoon.com/a-data-centric-introduction-to-bitcoin-cash-h4hk34c0 Read here for the full analysis. https://hackernoon.com/a-data-centric-introduction-to-bitcoin-cash-h4hk34c0 With seeing the likes of @sjbuendia spreading the word about Bitcoin Cash in the Philippines, the distribution in Asia will continue to rise. https://read.cash/@sjbuendia/547-leaflets-were-distributed-the-town-reacts-what-is-bitcoin-cash-dd5c281b
https://read.cash/@sjbuendia/547-leaflets-were-distributed-the-town-reacts-what-is-bitcoin-cash-dd5c281b The even distribution is an indication of global adoption. However, regulations still hold it back with the rest of crypto for ***mass*** global adoption. Decentralized Finance (DeFi) With the *Simple Ledger Protocol (SLP)**,* the Bitcoin Cash network can keep its foundation intact and join the world of *DeFi* with smart contract features enabling the creation of tokens and paying out dividends. https://simpleledger.cash/ https://www.youtube.com/watch?v=8vq3rRG85kU Being the True Bitcoin
https://twitter.com/rogerkver/status/1214231453711527936?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet While the debate continues, taking a look at Bitcoin Cash and its usability to those that have made transactions with BCH can honestly say it's faster and cheaper than using Bitcoin itself. Most places like exchanges require a larger minimum withdrawal and fees (for good reason) but that does make it more expensive and less ease of use for the coin. Bitcoin Cash withdrawals/transactions usually just cost cents with no Lightning Network that makes it more of a secure fast transaction that is supported by most major exchanges, merchants, holders, and investors. One of the more recent and known news of BCH is one of the coins added to *Rakuten*, the Japanese e-commerce company compared to Amazon. Rakuten launched its crypto wallet and allows users that accumulated points to convert them to crypto-assets such as **BCH**, **BTC**, and **ETH**. The Rakuten wallet is currently limited to Japanese customers. https://global.rakuten.com/corp/news/press/2019/1224_01.html?year=2019&month=12&category=corp%20ec%20fintech https://www.rakuten-wallet.co.jp/point/index.html
https://www.rakuten-wallet.co.jp/point/index.html Just last month in December 2019, a **Burger King** in *Slovenia* began accepting Bitcoin Cash as payment. https://www.youtube.com/watch?v=_doTlA72pyg BCH continues to see live real-world usage at merchants and adoption continues to grow. What good is having all these coins if nobody uses them? Bitcoin Cash is meant to be used, spent, traded, held, and given. Why be busy worry about which Bitcoin to have when it's better to worry about not having enough of both.
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