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RE: Bitcoin Cash Hard Fork | Getting Ready for Day-to-Day Transactions?
I dont believe BTC or BCH are going to be leading the way for mass adoption. Theres coins out there that had the benefit of years of hindsight to identify and improve on where BTC/BCH suffered speed and scalability..
BCH with 32mb blocks could end up losing Nodes. Assuming full blocks the chain would grow roughly 4gb per month. On top of that bloated chain needing storage the Node operator would be using considerably more bandwith uploading to the network to verify the chain.
This could lead to more centralization...
There are obviously workarounds for these problems. Whether Roger would deviate from the whitepaper that much remains to be seen.
For the adoption they seek i believe BCH needs more than big blocks..
I believe team plays a big role in any industry, not just crypto & we have seen BCH team is constantly active when it comes to upgrades. However, points you have mentioned cannot be taken lightly, there various issues at this stage.
BCH in starting announced 2 hard forks in 2018 one is in few days and the second one would be in November, I am waiting for their statements for the second update, If they are addressing these issues.
And thank you very much for sharing your insight @living-in-198tor, I love to talk with like-minded people.
My pleasure. I very recently joined Steemit. Im not social medias biggest fan due to Facebook, however this platform is a breath of fresh air...