Craig Wright is a well known figure in the Bitcoin world. Recently he has disproved accusations of actually being Satoshi Nakamoto. But something Wright has made very clear is that in his opinion, 2018 will be the year of BCH as the Bitcoin with the most potential. In this article we will explore Bitcoin Cash's prospects in 2018.
Many people ignore Craig Wright but no one can deny that Bitcoin in its current state simply isn't good for anything beyond a digital store of value. That will eventually change for the better, hopefully. This is something that Bitcoin Cash has been trying to capitalize on and if they succeed they may make a huge impact in the coming months.
Craig Wright claims that BCH is the Bitcoin fork with the most potential. Some of the changes coming up for BCH include a non-constrained block size, new super-secure web wallets and improved coin mixers. Did already I mention that as we speak, BCH currently offers on-chain scaling as a better alternative to the lightning network?
Any form of Bitcoin lacks privacy and anonymity by default. This can only be achieved by mixing coins or using altcoins with such functionality. Until now, there has not been much debate regarding Bitcoin Cash and mixers. Such services will always have their place in the market. Craig Wright believes this will help proper Bitcoin Cash to become a globally adopted cryptocurrency. Only time will tell if any of this will come true, though.
I've been hearing a lot of rumblings that privacy coins are going to be a major trend as governments look to collect taxes on all the gains being made in cryptocurrency markets.
Either way, 2018 should be a great year for cryptocurrencies in general. In 2018 we can expect Bitcoin and Bitcoin Cash battling it out for increasingly large market caps. I personally like both for their valid use cases. I feel that both offer something the other doesn’t and they are complimentary rather than competitive although many may not see it that way.
It isn't about which one is better, its about what the markets support. At the moment the answer is clearly Bitcoin over Bitcoin Cash. But if Craig Wright is right, next year we will see a lot of movement in BCH price regardless of the disputes regarding which one is 'better.'
Thanks for reading @CryptoTelegraph!
Source:
Craig Wright Claims 2018 Will be the Year of Bitcoin Cash - All Cryptocurrencies
Image Source:
All Cryptocurrencies