• 7 Posts
  • 52 Comments
Joined 10 months ago
Cake day: January 4th, 2025
  • CashDragon@realbitcoin.cashOPtoMonero@monero.town•Advice and an invitation to the Monero community from Bitcoin CashEnglish
    2·
    2 months ago

    Very respectable reply, thanks.

    I believe Monero has a place, I like it and use it. However it is not for everyone. There a high technical barriers and UX issues.

    I think Monero is for the privacy hardcore minded and techie crowd, this is a niche community.

    Wallet sync times are a show stopper for most users. The wallet needs to be instantly available to spend, it can take an hour to sync a Monero wallet on a slow connection.

    Transaction spends need to be instantly available, in Monero they are locked for 20 minutes this is impractical in real life.

    Monero is notoriously difficult to integrate into other systems and networks, we need something that can be simply added everywhere with minimal effort.

    Then there is the issue of scaling. The chain grows infinitely and all data needs to be stored forever. Stress tests have shown Monero can only do 700k TX per day max. This can maybe be doubled with tweaks but to me it feels like the XMR tech cannot go much further.

    BCH on the other hand can do 10 million TX per day right now, and likely much more. It has instant transactions and no coin locking. Advancements are in the works to bring BCH to 200k TX per second. Bitcoin Cash is for everyone, everywhere, all at once. This is the difference.

    The beauty of smart contracts on BCH is that you get complex power with secure and relatively simple code. Our new freedom money needs all the features legacy finance offers and more.

    Advanced smart contracts on Bitcoin Cash - https://youtu.be/o0jeLBJOr8Y

  • CashDragon@realbitcoin.cashOPtoMonero@monero.town•Advice and an invitation to the Monero community from Bitcoin CashEnglish
    21·
    3 months ago

    BTC has already been captured by fiat forces, so it is useless no matter what status is gains.

    There is no “the market has decided” innovation can flip markets in no time.

    BCH is hard money that is also programmable, unlike BTC, Bitcoin Cash engineers are much more competent and have executed on hard programmable money.

    Monero as compared to CashFusion used over Tor offers a similar level of privacy. BCH cannot be delisted due to CashFusion, Monero has been delisted. BCH is available on every exchange. There have also been Many cases of Monero transactions being traced so don’t give me that some guy on r/BTC non-sense.

    After the fork BCH continued to be attacked, it is the biggest threat to the BTC scam. We survived it all and now are ready to dominate once again.

  • CashDragon@realbitcoin.cashOPtoMonero@monero.town•Advice and an invitation to the Monero community from Bitcoin CashEnglish
    23·
    3 months ago

    Monero is OK, I agree, but it will not go world reserve currency. BCH has that chance.

    Modern money needs program-ability. We have to be able to do finance 100x better than the legacy system.

    Monero cannot scale past ~700k TX per day, this is a fundamental limitation to having heavy encryption at the base layer. You may be able to double this with new advancements but it is not even close to what we needed. BCH can to 10 million TX per day right now and will be able to to 10x that with advancements in tech.

    That statement by CashFusion devs was made before all the weaknesses were discovered in Monero reducing privacy. Now CashFusion is about on par with Monero. It’s not just for casual privacy, chain analysis cannot trace CashFusion transactions without external data points.

    BCH has gone through 3 contentious forks, slammed by intense paid propaganda, and has clawed back into the top 20. There is nothing like that comeback story in all of crypto.

    You have to break out of the myopic view about privacy, it is not all or nothing. As always it is a balance and BCH provides the best of all worlds.