Which is more Decentralized: BTC or BCH?

in #bitcoin7 years ago (edited)

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Today on twitter, Roger Ver called Bitcoin "central economic planning" and Bitcoin Cash "the free market." I'm not even going to link to his twitter account because he's a self righteous ass in my opinion. If you like the guy, that's your choice.

But let's look at the mining breakdown of BTC and BCH today and see which is actually more centralized, because at the end of the day it comes down to how diverse the mining operations are.

This is Bitcoin Cashes mining breakdown. Essentially, 3 mining pools control half the hash rate, and only 30% of the mining power is in the other slice, which means Bitcoin cash is currently Very centralized.
today.png

Of course, Bitcoin is not much different. The same handful of mining pools control most of the hashrate. This means that Bitcoin is also Very centralized.
today.png

Conclusion?

Roger Ver and his cheap laborforce of sock puppets on social media should probably focus on actual strengths (if any) they have compared to Bitcoin, instead of highlighting their own weakness with ironic statements.


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I liked your post, thanks for the information.

Ver lost what little credibility he had when he became an adviser to the scam artists running aXpire.

Very interesting and important post friend, as I am new I am learning little by little this coin and this world thanks greetings

I feel Ether has more long-term value

interesting information, good post @briggsy

a good post likes me thank you briggsy. and you know,that hackers stole 1,4 milliard of dollars

Good post briggsy

I like that you didn't hide your feelings about Mr. Man. At lease BTC has more players in the field. That's a little more peace of mind.

Bitcoin is more centralized than that man😀

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BTC better according to me, even if its graph is down now, but I sure will definitely uphill again

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