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                        Contents
                        <ul class="article__contents-list"><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h269">Bitcoin Cash is fast because nobody uses it </a></li><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h371">Lightning Network makes rounds </a></li></ul>
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    Bitcoin's poor scalability has been a sticking point that prevents it from reaching mainstream adoption. "Bitcoin Jesus" Roger Ver isn't getting tired of parroting that the O.G. cryptocurrency cannot be used as money when&nbsp;<a rel="nofollow" target="_blank" href="#">its blocks are full</a>, which explains the rationale behind creating the Bitcoin Cash fork with a blocksize of 8 MB (as opposed to Bitcoin's 1 MB).&nbsp;
    
    However, former Wall Street trader Tone Vays, who predicted that the dominance of the top coin could reach 98 percent, claims that BTC <a rel="nofollow" target="_blank" href="https://twitter.com/ToneVays/status/1219346176064946176?s=19">is already faster</a> than BCH because of the Lightning Network solution. Furthermore, BTC is the only truly decentralized crypto.&nbsp;
    <em>image by <a rel="nofollow" target="_blank" href="https://twitter.com/ToneVays/status/1219346176064946176?s=19">@ToneVays</a></em>
    <a rel="nofollow" target="_blank" href="#">card</a>
    
    Bitcoin Cash is fast because nobody uses it&nbsp;
    
    While increasing the blocksize does result in a higher transaction speed, it also makes the network of the Bitcoin offshoot more centralized. This is not a reasonable tradeoff for the industry that strives to get rid of centralized middlemen.&nbsp;&nbsp;
    
    However, crypto analyst Jacob Canfield <a rel="nofollow" target="_blank" href="https://twitter.com/JacobCanfield/status/1219237722151444480">has named another reason</a> why Bitcoin Cash transactions are lightning-fast -- nobody uses the struggling fork. If the BCH network were to process the same amount of transactions as BTC, Ver would probably fail miserably at touting the coin's impressive speed on Twitter.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
    
    <blockquote>
    "If it processed the number of transactions bitcoin did, it would be incredibly slow and sluggish."&nbsp;&nbsp;
    </blockquote>
    
    <a href="https://u.today/update-bitcoin-sv-bsv-flips-bitcoin-cash-bch-after-reaching-new-all-time-high">card</a>
    
    Lightning Network makes rounds&nbsp;
    
    Even though the Lightning Network has a lot of room for improvement to become a go-to scaling solution, its adoption continues to increase. As reported by U.Today, Hong Kong-based Bitfinex became a trailblazer among other major exchanges by making the risky decision <a href="https://u.today/bitcoin-lightning-to-be-implemented-by-major-crypto-exchange-bitfinex">to implement the LN</a>.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;
    
    This 'Layer 2' payment protocol allows creating a separate channel for making transactions and then broadcasting them to the network.&nbsp;
    ') (Line: 1086)
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                        Contents
                        <ul class="article__contents-list"><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h269">Bitcoin Cash is fast because nobody uses it </a></li><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h371">Lightning Network makes rounds </a></li></ul>
        Advertisement
        
            
        
        
            
                    
                
                                                
    
            
            
                    
                
                                                
    
            
        
    Bitcoin's poor scalability has been a sticking point that prevents it from reaching mainstream adoption. "Bitcoin Jesus" Roger Ver isn't getting tired of parroting that the O.G. cryptocurrency cannot be used as money when&nbsp;<a rel="nofollow" target="_blank" href="#">its blocks are full</a>, which explains the rationale behind creating the Bitcoin Cash fork with a blocksize of 8 MB (as opposed to Bitcoin's 1 MB).&nbsp;
    
    However, former Wall Street trader Tone Vays, who predicted that the dominance of the top coin could reach 98 percent, claims that BTC <a rel="nofollow" target="_blank" href="https://twitter.com/ToneVays/status/1219346176064946176?s=19">is already faster</a> than BCH because of the Lightning Network solution. Furthermore, BTC is the only truly decentralized crypto.&nbsp;
    <em>image by <a rel="nofollow" target="_blank" href="https://twitter.com/ToneVays/status/1219346176064946176?s=19">@ToneVays</a></em>
    <a rel="nofollow" target="_blank" href="#">card</a>
    
    Bitcoin Cash is fast because nobody uses it&nbsp;
    
    While increasing the blocksize does result in a higher transaction speed, it also makes the network of the Bitcoin offshoot more centralized. This is not a reasonable tradeoff for the industry that strives to get rid of centralized middlemen.&nbsp;&nbsp;
    
    However, crypto analyst Jacob Canfield <a rel="nofollow" target="_blank" href="https://twitter.com/JacobCanfield/status/1219237722151444480">has named another reason</a> why Bitcoin Cash transactions are lightning-fast -- nobody uses the struggling fork. If the BCH network were to process the same amount of transactions as BTC, Ver would probably fail miserably at touting the coin's impressive speed on Twitter.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
    
    <blockquote>
    "If it processed the number of transactions bitcoin did, it would be incredibly slow and sluggish."&nbsp;&nbsp;
    </blockquote>
    
    <a href="https://u.today/update-bitcoin-sv-bsv-flips-bitcoin-cash-bch-after-reaching-new-all-time-high">card</a>
    
    Lightning Network makes rounds&nbsp;
    
    Even though the Lightning Network has a lot of room for improvement to become a go-to scaling solution, its adoption continues to increase. As reported by U.Today, Hong Kong-based Bitfinex became a trailblazer among other major exchanges by making the risky decision <a href="https://u.today/bitcoin-lightning-to-be-implemented-by-major-crypto-exchange-bitfinex">to implement the LN</a>.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;
    
    This 'Layer 2' payment protocol allows creating a separate channel for making transactions and then broadcasting them to the network.&nbsp;
    ') (Line: 1086)
    Drupal\cryptocompare\TwigExtension\RemoveSpace->formatbody(Array) (Line: 54)
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Tone Vays Says Bitcoin (BTC) Is Already 'Faster and Cheaper' Than Bitcoin Cash (BCH). Here's Why

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Tue, 21/01/2020 - 7:09
Tone Vays Says Bitcoin (BTC) Is Already 'Faster and Cheaper' Than Bitcoin Cash (BCH). Here's Why
Cover image via tonevays.com
Read U.TODAY on
Google News
Contents
Advertisement

Bitcoin's poor scalability has been a sticking point that prevents it from reaching mainstream adoption. "Bitcoin Jesus" Roger Ver isn't getting tired of parroting that the O.G. cryptocurrency cannot be used as money when its blocks are full, which explains the rationale behind creating the Bitcoin Cash fork with a blocksize of 8 MB (as opposed to Bitcoin's 1 MB). 

However, former Wall Street trader Tone Vays, who predicted that the dominance of the top coin could reach 98 percent, claims that BTC is already faster than BCH because of the Lightning Network solution. Furthermore, BTC is the only truly decentralized crypto. 

ToneVays
image by @ToneVays

card

Bitcoin Cash is fast because nobody uses it 

While increasing the blocksize does result in a higher transaction speed, it also makes the network of the Bitcoin offshoot more centralized. This is not a reasonable tradeoff for the industry that strives to get rid of centralized middlemen.  

However, crypto analyst Jacob Canfield has named another reason why Bitcoin Cash transactions are lightning-fast -- nobody uses the struggling fork. If the BCH network were to process the same amount of transactions as BTC, Ver would probably fail miserably at touting the coin's impressive speed on Twitter.     

"If it processed the number of transactions bitcoin did, it would be incredibly slow and sluggish."  

Lightning Network makes rounds 

Even though the Lightning Network has a lot of room for improvement to become a go-to scaling solution, its adoption continues to increase. As reported by U.Today, Hong Kong-based Bitfinex became a trailblazer among other major exchanges by making the risky decision to implement the LN.        

This 'Layer 2' payment protocol allows creating a separate channel for making transactions and then broadcasting them to the network. 

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