Bitcoin Cash
Simply put, Bitcoin can not - in its current state - handle a high throughput of transactions as well as its main rivals. In particular, it now comes nowhere near topping the speeds offered by Bitcoin Cash, which at maximum beats its closest rival - Dash - by approximately 168 transactions per second. On top of this, Bitcoin Cash also has the lowest transaction fees, meaning that it's the most usable cryptocurrency from a standpoint that focuses mostly on cost and speed. It's large for this reason that the coin has won many converters in the crypto community since forking from Bitcoin on Aug. 1, 2017.
"Bitcoin Cash is what I started working on in 2010," said one-time lead Bitcoin developer Gavin Andresen in a November tweet, "a store of value and means of exchange."
Devan Calabrez agrees that Bitcoin Cash has reason to be recommend as an alternative to Bitcoin and other treaties, particularly with respect to the purchase of cheaper products. "BCH seems to be evolving as a compliment to Bitcoin," he explains. Merchants appreciate the faster transaction times and low fees, which are also appealing to shoppers. This is particularly true for merchants that sell lower ticket items, where even small fees can increase the bottom line by a significant fraction. So, for all intents and purposes, two of the three weaknesses can be considered under under the current conditions. However, volatility is still a big concern, which is why most merchants immediately convert to another currency rather than hold BCH. "
Dash
And while Bitcoin Cash may seem like the best practical option to some, one of its closest rivals in terms of cost-effectiveness - Dash - informed Cointelegraph that it's gaining considerationable transaction among retailers
. "The Dash network is specifically designed for the payments use case," said Dash Core CEO Ryan Taylor. "It offers instant payments, which makes it viable at the point of sale. In addition, fees are very low, with a median transaction fee of about one-tenth of a cent. This combination makes Dash feasible for everyday consumer purchases. We also focus a lot of effort on making the network useful by funding business integrations, and today Dash is among the most accepted digital treaties. Merchant adoption is growing quickly. The number of listings on discoverdash.com - a website for merchants to register - has experienced 250 percent growth over the last six months, and Dash is now accepted at over 2,200 merchants globally. "
Taylor is realistic about Dash's - and crypto's - prospects of becoming a ubiquitous payment method, believing that this process will take "many years." Nonetheless, circumstances in certain economically pressured states reveal that the speed and ease offered by such courses as Dash make them ideal as new payment vectors.
“I think we can become ubiquitous within specific countries or regions, or within certain industries as a first step. That could happen very quickly, and we’re already seeing that happen in certain locations. Venezuela, which is currently experiencing hyperinflation, has over 800 merchants [reportedly more than all other cryptos combined], making it the highest density of Dash acceptance in the world. I would expect pockets like that to develop as a base from which we can continue to expand.”
Latest news: 
. 
. 
. 
. 
. 
. 
Shop
Topic: Bicoin cash (Read 2908 times)