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Wednesday 30 December 2020

My opinion about Bitcoin (Cash) and top 6 on cmc

My opinion about Bitcoin (Cash) and top 6 on cmc

https://preview.redd.it/l8f61ta2da861.png?width=1560&format=png&auto=webp&s=90cbb635233a7c5b04494459148f0e3a01e9ebfa

  1. Bitcoin Core (BTC) Keeping the "Bitcoin" brand, big market advantage, but lacking in all aspects like: fees, scalability, speed. Second layers proposed are tokens or semi/full centralized (and flawed).
  2. Ethereum (ETH) A smart contract/token oriented blockchain, but lacking in the same aspect as bitcoin (just a bit less).
  3. Tether (USDT) Not a cryptocurrency but a stable coin, shouldn't be listed on coinmarketcap.
  4. XRP (XRP) Not a cryptocurrency but a centralized coin, shouldn't be listed on coinmarketcap.
  5. Litecoin (LTC) Just as Bitcoin Core, with some variables changed, development is almost dead.
  6. Bitcoin Cash (BCH) What Bitcoin was supposed to be, with a chain (SLP) oriented to token and smart contracts. Working well where Bitcoin doesn't: almost zero fee, 0-conf, high scalability.Basically it's like an improved version BTC + ETH.

So I see Bitcoin Cash at rank #6 but in my mind I see it at rank #1.

submitted by /u/Niron_
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from Bitcoin - The Internet of Money https://ift.tt/3o3LK9h

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