So i still dont have a great understanding of how

Question

So i still dont have a great understanding of how

ecash fits into the whole bitcoin ecosystem. So maxis only like BTC only, everything else is sacrilege. BCH is the practical version of BTC because gas fees are cheap, its fast, and it can increasingly be used in DeFi. eCash is BCH fork so i dont understand who is really saying that we should use eCash instead of BCH. I understand some devs may prefer but what is their narrative?

#bch #bitcoincash #cryptocurrency #english

0

12.05.2022

4 ответов

9 просмотров

Mark Автор вопроса

Sovereign Naan
The ecash developers forked ecash to give themselv...

Thats what i was looking for. Less decentralized is the nail in the coffin

0

12.05.2022

🙈🙉🙊

Ecash is BCH. At the moment no idea what the market proposition is that is different from bch other than a dev tax and less support

0

12.05.2022

Mark Автор вопроса

🙈🙉🙊
Ecash is BCH. At the moment no idea what the marke...

They mention something about staking on the Avalanche network. I dont understand what they are talking about

0

12.05.2022

Sovereign Naan · Accepted Answer

The ecash developers forked ecash to give themselves a portion of mining reward, as the "delegated/trusted" devs of that chain. For that reason, it only really benefits a few, at the expense of the overall crypto economy, and you're forced to trust that group for perpetuity (as I understand it). So, it's less decentralized, has a point of failure, compromises the mining reward protocol and has no long term prospectus as anything but a fork controlled by a small group, with minimal acceptance. (Imo)

209 похожих чатов

So i still dont have a great understanding of how

4 ответов

Похожие вопросы