Why BCX is Capable of Fulfilling Satoshi Nakamoto's Vision

Due to Bitcoin Core’s omission of scaling, made Bitcoin become something else than it should be in Bitcoin WhitePaper as"A peer-to-peer electronic cash system". Bitcoin Cash, on the other hand, took the advantage of that, and they made it to the top 3 cryptocurrency with rather controversial methods. More importantly is their intention is questionable, after all some people in this game only for their personal gains.

crop-584470-f201403070058601.jpg

Is there any fork out there can truely fulfill Satoshi Nakamoto's vision after all those forks happened? The answer is definitely. It's called BCX which is a fork of Bitcoin on block 498888. BCX is known for their keen on technology. Their team is totally autonomous. We can tell unlike others, BCX is not after personal interests.

BCX team explained the mystery of their identity on their first AMA. The team says"The reason why we choose to operate like this is because of our faith in decentralization. The beauty of Blockchain is that it has provided us a possibility to be completely anonymous. Our drive and the very reason for the existence of BCX is to create a Bitcoin system that truly fits the future society and to fulfill Satoshi Nakamoto's vision without any compromises. We are not in this for personal interests."

Screenshot 2018-01-18 at 13.jpg

Now let's dive in the features of BCX, why this coin is capable of fulfilling Satoshi Nakamoto's vision.

First up, is the slow transaction speed, BCX deployed 2M block size instead of 8M to solve orphan block. BCX also deployed Lightning Network successfully, it is extremely rare for Bitcoin forks. Maybe BCX is able to push the transaction speed to an unexpected level. According to the BCX official Twitter"We have promoted transaction speed up to at least 170 TPS." This is way faster than Bitcoin's 7 TPS and Bitcoin Cash's 24 TPS.

A001.jpg

Another feature worth notice is the 210 Billion total supply. 2100 Million total supply of Bitcoin is proven unable to meet the needs on every level. The meaning of 210 Billion total supply is to make sure the price won't go insane like Bitcoin, makes BCX more suitable for real-life applications instead of"store of value". A Bitcoin everyone can have is the vision of Satoshi Nakamoto.

GPU mining is also a nice touch. Bitcoin's computing power is too centralized. WIth GPU mining, anyone who has PC or laptop with GPU can mine BCX, this is real decentralization. For now, BCX hasn't released its mining pool or mining application. But I believe maybe a third party will provide that soon. If you have the knowledge of mining, you can use the BCX's code from GitHub to create your mining pool and mining application.

I think BCX may revive the trend of GPU mining, Let us wait and see how BCX goes.
![Screenshot 2018-01-12 at 21.26.49 - Display 1.png]

H2
H3
H4
3 columns
2 columns
1 column
Join the conversation now
Logo
Center