BCH's biggest edge over BTC Ever tried buying stuff online on a new service? What do you do? You go for a smaller purchase and if you like the user experience you go for a bigger purchase. Eventually, You buy huge items. This is how all online adoption works. With BTC's high transaction fee, this natural UX pattern will not work. One has to take the leap of faith with a bigger dollar amount. This one limitation excludes more than half of the people in the world to participate in BTC on-chain. I believe this will be the biggest edge of BCH.
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3 comments
But, but, but ...... isn't that Lightning Network going live any day now? And how does it work again? You put TRUST in the network before the transaction is committed to the blockchain. Do I have that right?
https://noise.cash/post/lg8z7zm2 😉
Yes! Exactly!!