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The BTC transaction charges have fallen below the BCH, which is a blow to one of the fixed divisions of central returns.
Battle of Satoshi
Data from monitoring resources on Wednesday confirm a shift as Bitcoin continues to see a decline in transaction fees that have not been seen for six months. For Satoshis, the smallest possible unit of the digital currency, the lowest value of the Bitcoin Cash fee means that the transaction fee is 10,000 Satoshi, representing a value worse than the 10,000 Satoshi charges in the Bitcoin transactions.
The decline is also a 97% drop to about 0.79 cents compared to a peak of $ 34 on the terms of the USD. Alcatel has long described cash as low transaction fees as one of the main "advantages" of the fixed division of the original Bitcoin network. Along with faster transaction times and greater network capacity, the Bitcoin Cash was designed to provide currency-centric services in the Bitcoin , better than the Bitcoin itself manages.
During an extensive publicity campaign for Litecoin, well-known supporter Roger Far explained these benefits to several major media publications, describing the Bitcoin differently as "Bitcoin SegWit" or even "paralyzed currency". As Roger Fre said to the "Rubin Report" in December:
"If you have two versions of Bitcoin, one is slow, expensive and unreliable (Bitcoin SegWit) and the second has a super speed, reliable and low cost, the resolution will not be difficult"
The "SEGWIT" and "LIGHTNING" updates are conversions in the Bitcoin currency
This month saw another challenge for Roger's words, with the update of "SegWit" receiving full support in the latest version of Bitcoin's core customers giving Bitcoin a faster transaction network and greater capacity. While major digital trading platforms such as "Coinbase" Bitfinex are also racing to support this technology.
At the same time, Lightning has made significant adoption gains since its launch less than two months ago, and has provided an "out-of-chain" scaling solution that can reduce average transaction fees and wait time to almost zero. Last week, the Microsoft computer giant announced its endorsement of Lightning and the entity-wide "scale-down" scaling schemes, including BitcoinCash, as "degrading decentralization."
To date, the Lightning Network has hosted 806 knots less than 350 of the 1053 contract for the BitcoinCash network.