Bitcoin Cash vs Litecoin

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4 years ago

A Complete Comparison with All Pros/Cons of Litecoin (LTC) vs. Bitcoin Cash (BCH). Which is Better?

Bitcoin Cash (BCH) versus Litecoin (LTC)? While BCH and LTC are among the leading and most popular cryptocurrencies today, which of them is a better investment? What is the difference between them? Which is expected to grow faster?

These are some of the questions a lot of people ask about these cryptocurrencies, hence, this Bitcoin Cash vs Litecoin comparison guide. We understand that it’s hard to select the best cryptocurrencies, especially when they are very similar.

Bitcoin Cash vs Litecoin, which should you buy? It’s essential to collect valuable information and analyze it before making an investment decision.

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Thank😀

$ 0.00
4 years ago

Yeah but you also no that double spend can be also done with BCH but in the other way round
BCH is clone of Btc but few tweaks added

$ 0.00
4 years ago

Bitcoin Cash is not a clone of BTC. BTC and Bitcoin Cash have the same genesis block

The chains were forked on August 1, 2017. The ticker BTC and name Bitcoin remained with the longest chain.

Charlie Lee has cloned the Bitcoin software, switched from SHA-256 to Script and launched his blockchain on 2011-10-07

$ 0.00
4 years ago

Yeah but you also no that double spend can be also done with BCH

BCH doesn't have replace-by-fee, therefore it's much more safe from double-spending. The stats show that out of last 4000+ double spending attempts on Bitcoin Cash, there were zero(!) successful double spends if the merchant waited at least 1 second.

BCH is clone of Btc but few tweaks added

Oh, come on, that's a lie perpetrated by reddit/r/bitcoin and Twitter.

Bitcoin Cash has (what BTC doesn't have and can't have):

  • CashShuffle (privacy when sending coins, not possible on BTC, due to absence of OP_CHECKDATASIG, which is available on BCH)
  • Tokens (not possible on BTC, due to low OP_RETURN limit)
  • USDH (stablecoin pegged to US$1, not possible on BTC, due to absence of tokens)
  • Bearer shares + dividend payouts (not possible on BTC)
  • local.bitcoin.com - non-custodial (never touches your money) way to exchange BCH into any global currency (not possible on BTC due to absence of OP_CHECKDATASIG) - the difference from localbitcoins.com is that a smart contract based on OP_CHECKDATASIG holds your money, not local.bitcoin.com, so they don't need your passpord (KYC/AML) and they can't steal your money
  • Last will (BCH inheritance in case owner dies) - (not possible on BTC due to absence of OP_CHECKDATASIG)
  • 5 development teams creating 5(!) clients (BCHD, Flowee the Hub, Bitcoin ABC, Bitcoin Unlimited, Verde), BTC has only ONE client (Bitcoin Core)
  • CashChannels - recurring payments for Bitcoin Cash, where you don't have to pre-commit money ahead of time (not possible on BTC due to absence of OP_CHECKDATASIG)
  • Schnorr Signatures (not available on BTC) - smaller transaction sizes

And there's a ton of stuff in development, like CashFusion (Monero-style non-custodial privacy for $0.001 per transaction) - coming this year, Avalanche/Storm (even safer zero-conf payments, finality in less than a second)...

Come on, "a clone of BTC"...

$ 0.50
4 years ago

OK agreed. But why BCH is better

$ 0.00
4 years ago

Why BCH is better than LTC:

  1. BCH is technically superior (e.g. OP_CHECKDATASIG, OP_RETURN At 223 bytes)
  2. BCH has a clear roadmap https://www.bitcoincash.org/roadmap.html
  3. BCH has active developers and continuous development
  4. BCH has active community
  5. BCH has growing adoption
  6. BCH has lower fees
$ 0.50
4 years ago

I was one of the people who was promoting BTC 2013 until 2017. I was telling people how Bitcoin (BTC) would be world money, how everyone would be using it.

Then some people (Blockstream) arrived and told everyone that 1 MB limit is necessary. 1 MB limit means that if there are 9 billion people using BTC - a single person would be able to do ONE transaction every 60 YEARS.

BCH was created because we didn't agree to wait 60 years or pay $50 per transaction. We wanted world money for $0.01 per transaction for 9 billion people. Just what Satoshi envisioned.

I left BTC in 2017, a lot of other people left.

To answer your question: BTC still enjoys all the promotion that people have created for it. Many of those left, disappointed in BTC. There is a lot of inertia in BTC. People still read our articles from that time, our posts and believe that these articles still advocate using BTC. They are not. BTC is no longer "world money". It's "hodl lambo" money, it's "settlement layer for banks". That's not what we were promoting. Yet BTC enjoys the results of our labour.

Most of these people left to other projects though. Blockstream and some other corporations bought places like reddit.com/r/bitcoin and bitcointalk and we can't talk there anymore. Each time we try to say something about why BCH is what we were promoting before 2017 - they are deleting our messages and claim that we're scammers.

$ 0.50
4 years ago