Bitcoin Cash: Why Bitcoin Cash will success in long run? How can it will be a global currency? and more.
Bitcoin Cash-- Bitcoin Cash brings sound money to the world, fulfilling the original promise of Bitcoin as "Peer-to-Peer Electronic Cash" . Bitcoin cash is a decentralized currency, No one can control it. No one can also shut-down this blockchain technology.
Why Bitcoin Cash will success?
Unlike bitcoin where block size is only one mb, In bitcoin Cash Current BLOCK SIZE is 8mb. And it can handle 8x transaction compare to bitcoin.
i.. For successful Blockchain currency, it Need Miner Support. Currently Bitcoin CASh has Maximum miner support in the world.
Bitcoin Cash miner pool.
1.AntPool
2.ViaBTC
3.Bitcoin.com
4.Btc.com
They are open supporter of BITCOIN CASH.
ii.. Second, For a successful currency, Need user support. If you open social media you can see currently BITCOIN CASH has huge supporter. And they are not whale, they are Common User Like me. Why because They need decentralized currency where anyone can send money for less than a penny.
iii.. After that, a currency need good development teams. Currently BITCOIN CASH has seven or eight devlopment team and they are active and good. After Ethereum BITCOIN CASH has largest development teams.
1.Bitcoin ABC
2.BITCOIN UNLIMITED
3.BXT
4.PARITY
5.Bitprim
iv.. Marketing, marketing is very big thing for a currency. It can help a new member for understanding and Entering. BitcoinCashFund is very good for BITCOIN CASh. i hope they will do great work for BITCOIN CASH. Also some people can magically change anything. LIke ROGER VER AND DR CRAIG.
How can it will be a global currency?
i.. At first BItcoin Cash should increase BLock size to 32 mb as soon as possible. So for Next five year there are no problem for first transaction.
ii.. Like currently transaction fee should be 0.01 cent for ever. It can stop spamming and also can help transfer money for a penny.
iii.. All Wallet should enable zero cost transaction or 0.01 cent transaction like COINBASE and BTC.COM
iv.. wallet or coinbank should enable USD/BCH pair.
v.. Need exchange like COINEX.com Where base currency is BITCOIN CASh.
vi.. Marcent and global adoption need, online shop need where they accept BITCOIN CASH.