I have a question, when I post on Memo.cash

Question

Bitcoin Cash (BCH)

Bitcoin Jason

I have a question, when I post on Memo.cash

does that get written on the BCH block chain? I noticed that when I post it comes up on txtstreet.com

#bch #bitcoincash #cryptocurrency #english

0

19.01.2022

6 ответов

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Bitcoin Jason Автор вопроса

Kallisti Kallisti
yes

Thanks

0

20.01.2022

DipsEclipse

Kallisti Kallisti
yes

This is news to me, and it doesn't give me a great feeling. If memo.cash grows in popularity, wouldn't blocksize increase exponentially up to the point that it is no longer really tenable for cash? I thought this was bitcoin sv's profile.

0

20.01.2022

sploit#100 🦆

At a certain point the cost to post to the blockchain will rise making prohibitively expensive to post random junk to the blockchain. The usecase for censorship resistant messaging does remain. It should make people think what makes sense to post onchain and what not. It's a sliding scale, not black or white.

0

20.01.2022

im_uname#100🍋 🌭

sploit#100 🦆
At a certain point the cost to post to the blockch...

++++++++++++++

0

20.01.2022

DipsEclipse

sploit#100 🦆
At a certain point the cost to post to the blockch...

If the cost rises for text messages, it also rises for cash transactions, and we would have the same issue of high fees as BTC. I thought the idea was to always keep blocksize high enough to allow low fee cssh transactions, and the maths makes sense with regards to storage requirements when looking at technology improvements. I'm not denying that censorship resistant messaging is not important, but I can't calculate how this is not a serious flaw and weakness in BCH design and why I chose it over something like Bitcoin SV.

0

20.01.2022

Kallisti Kallisti · Accepted Answer

Kallisti Kallisti

yes

0

19.01.2022

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I have a question, when I post on Memo.cash

6 ответов

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