I was not too fond of some things about SmartBCH from the get-go.

SmartBCH is already up and running, and at the moment, you can exchange your BCH for sBCH using a centralized bridge like BlockNG. Hopefully, soon the SmartBCH will be able to create a decentralized bridge that doesn't have known security vulnerabilities. That is the first thing I am not too fond of because I knew then, and I know now that centralized bridges are an issue waiting to happen.

Using CoinFlex bridge means you will have to create an account with them and provide at least your email address, so from a privacy point of view is not good. The new bridge, Smart Bitcoin Cash, is not better, and it is just another centralized bridge with a different name. We need a better bridge, either multisign wallet or Sha-gate version one or two.

SmartBCH transaction fees are not cheap against layer one. They are ten times more expensive, but against USD, they are reasonable, at least at the moment. The lowest fees you will be able to pay and not get errors at the moment is 0.000021BCH or around $0.01 to $0.019, but as the price of Bitcoin Cash increases, so will that fee, not to forget more complex transactions will be paying even higher costs. I was told SmartBCH would utilize Bitcoin Cash low fees and not just the ticker symbol. Using Bitcoin Cash low fees means that costs will be as layer one or lower, but in this case, they are utilizing the ticker, not the fees policies.

If more people use SmartBCH, the fees will have to come down lower than current limits, and those fees will only increase as the price of BCH also increases. The current lowest price you can set is 1.05 wgei, and if massive usage comes to SmartBCH with price increases, the fees will have to come down so that not only users save money on costs but also reduce the rate at which coins are being burned.

You may think that burning sBCH is good because it will pump your bags. Still, if the deflation rate is too fast, it can cost all sorts of problems for those trying to use BCH as a currency. The only solution will be to lower the rate at which coins are burned. Today BCH doesn't have 10 million people using the network. Still, the web is designed to handle that, and more so, it is better to fix those issues or at least have a plan for when the burning of coins becomes a problem.

Watching what is going to happen to SmartBCH and the deflationary process will be for sure a fun thing to watch, and I hope that when the time comes to lower the fees to lower the rate of deflation, we don't get yet another war as BCH and BTC had in the past.

Don't take this article as an attack on SmartBCH; consider it a heads up because, at the moment, those three things are the things that I don't like about the current smartBCH sidechain, and I hope once the issues I pointed out are fixed, we will have a better sidechain.

I will also warn you not to go to telegram channels and speak your mind about the SmartBCH problems because you will be banned; administrators there don't want people making the issue worse than it already is. It is understandable because people must wait until a decentralized solution is presented and implemented. Everything could go back to the way it was before. But if you are a BCH supporter, you wouldn't FUD in that issue and wait for the Sha-Gate solution to start investing in SmartBCH again.