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  • Time To Admit That Bitcoin Cash Has Failed.

    Bitcoin Cash was launched in a blaze of glory in late 2017, promising to fix the scalability problems with Bitcoin. Two years on, its time to look critically at that claim. At best Bitcoin Cash is a halfway house that’s nowhere near as popular as a store of value as Bitcoin. In May, one user reported, that many transactions of Bcash were spam, a single address was responsible for more than half transactions. It also has security issues. Blockstream’s mining capability has about three times more hash power than the entire BCH network, which means it could effectively take over the network if it desired. The price of Bcash at it’s al time high was ~4,300$, now it struggles at 200$. 

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