Will litecoin best bitcoin cash
Bitcoin Cash brings sound money to the world, fulfilling the original promise of Bitcoin as "Peer-to-Peer Electronic Cash". Merchants and users are empowered with low fees and reliable confirmations. The future shines brightly with unrestricted growth, global adoption, permissionless innovation, and decentralized development.
All Bitcoin holders as of block 478558 are also owners of Bitcoin Cash. All are welcome to join the Bitcoin Cash community as we move forward in creating sound money accessible to the whole world.
Support Economic Prosperity
Help increase economic prosperity by supporting the technical development of Bitcoin Cash.
Our goal is to raise 1600 BCH by August 1st, 2019. Please help us reach our goal!
The developers of Bitcoin Cash need your support to build and maintain the infrastructure necessary to keep Bitcoin Cash competitive and ready for global adoption. If you are interested in future functionality, security, and the success of Bitcoin Cash, please consider contributing to the development teams working to make this a reality.
100% of your donation will go to support Bitcoin Cash development, enabling sustainable development and innovation, and thereby adding value to the network and its currency.
Litecoin ‘Flappens’ Bitcoin Cash By Market Capitalization
In February, Charlie Lee predicted a ‘flappening’ of Litecoin and Bitcoin Cash before the end of the year. Well, with just two weeks of the year left, the prediction came true, as Litecoin’s market cap overtook Bitcoin Cash.
In many ways, Bitcoin Cash was always a more natural competitor to Litecoin than to Bitcoin. From its conception, it tried to address several perceived shortfalls of Bitcoin, that Litecoin tried to fill years earlier.
Both allow faster transactions and confirmations, aimed squarely at the retail sector to encourage adoption for smaller payments. This is one area of utility that Bitcoin has traditionally struggled with, although the development of Lightning Network is trying to redress this balance.
While Litecoin had a head-start in terms of being first to market, Bitcoin Cash had the weight of Bitcoin branding. It also didn’t hurt that the entire Bitcoin user-base suddenly found themselves with some, after the 2017 fork.
Two Ways To Pluck A Chicken
Litecoin advocates have long waited for a ‘flappening’ (combining ‘flippening’ with Lee’s ‘Chikun’ nickname), creating a website monitoring the situation. By many metrics, Litecoin has always been ahead of BCH, but in most eyes (and notably those of CoinMarketCap), the key figure is… well, market cap.
While most assumed that an overtake would occur through gains in LTC price 0 0 , ultimately other forces were at play. Indeed, Litecoin creator Charlie Lee took complained in September about third parties “artificially” suppressing Litecoin price.
Whether or not this was true turned out to be a moot point. In the end, it was the (un)civil hash-war following the recent hard-fork, that d >
The Flappening Effect
The internet and Twitterverse, in general, seemed generally very pleased, congratulating creator Charlie Lee for the achievement. But the ‘flappening’ also had another side effect.
As news spread, the LTC price began to spike, and at time of writing has seen a 24-hour increase of almost 12%. This has boosted its market cap from simply overtaking BCH, to being nearly 10% higher.
Will Litecoin keep outperforming Bitcoin Cash or will BCH price recover? Share your thoughts!
Images courtesy of Shutterstock, BItcoinist archives
How to Buy Bitcoin Cash (BCH) Guide
Last updated: 6/13/19
Bitcoin Cash (BCH) came about in August 2017 after a hard fork and a split in the Bitcoin blockchain. Bitcoin Cash is a direct result of the constant debates and many opinions about the future of Bitcoin’s scalability and mass adoption.
In this guide, you’ll find out exactly what makes Bitcoin Cash special and where to get your hands on some coins.
How to Buy Bitcoin Cash Summary
- Get a Bitcoin Cash Wallet (Ledger, Exodus, Edge)
- Get your Bitcoin Cash address (normal or Cash address)
- Find a BCH exchange (Coinmama, CEX.io)
- Buy BCH and withdraw them to your wallet
That’s it! If you want a deeper explanation of what Bitcoin Cash is, how to buy it and where to store it keep on reading. Here’s what I’ll cover:
1. Bitcoin vs. Bitcoin Cash
Bitcoin’s blockchain has grown exponentially in recent times. This means that many more users are using the cryptocurrency, which is slowing down the network.
The limited Bitcoin block size of 1 MB means that blocks are filling up quickly, resulting in a long queue of unconfirmed transactions. As a result, at peak times, transactions have become slow and expensive.
Bitcoin cash, on the other hand, was initially created with an 8MB block, which was later on increased in size to 32MB. This change allows for more transactions to be processed in each block mined.
Many see this as a step forward in terms of how best to scale the network.
Bitcoin Cash opposers remain adamant that it’s simply a short-term fix that doesn’t solve the problem in the long run. Also, they claim there’s no implementation of ideas such as Segwit to help effectively break transactions down into smaller, more manageable pieces.
Bitcoin Cash (BCH), Sometimes referred to as Bcash, is a fork of Bitcoin (BTC). When a fork occurs on a Blockchain, the currency is basically duplicated.
This means that anyone with Bitcoins in his possession at the time the fork occurred, got credited with the same amount of Bitcoin Cash.
So does that mean free money? Sort of… Here’s our guide on how to claim your Bitcoin Cash if you owned Bitcoin before the split on August 1, 2017.
On November 2018 Bitcoin Cash forked and created Bitcoin SV (Satoshi’s Vision) – a version of Bitcoin Cash with an even larger block size of 128 MB.
2. Buying Bitcoin Cash in 3 Simple Steps
Step 1: Get a Bitcoin Cash Wallet
Before you can buy Bitcoin Cash, you’ll need a Bitcoin Cash wallet to store it in. Hardware wallets that support Bitcoin Cash include industry leaders Ledger and TREZOR.
Both Ledger and TREZOR provide functions for you to use Bitcoin Cash as you would any other cryptocurrency. Both have also introduced the ability to claim your funds if you already owned Bitcoin at the time of the Bitcoin Cash hard fork.
Addtionally, there are a variety of software wallets you can use to store Bitcoin Cash as well.
Exodus provides a great user experience with a seamless coin exchange service known as Shapeshift built it. You can read my complete Exodus review here.
Edge is a mobile wallet for iOS and Android that supports multiple cryptocurrencies including Bitcoin Cash. It also has a variety of features allowing you to buy cryptocurrencies and exchange them from within the app.
Electron Cash is a clone of the awesome Electrum wallet for Bitcoin. If you’re used to Electrum, then you’ll have no problem jumping on board with its sister technology.
Other wallets that support BCH include Keepkey, BTC.com, Bitpay, and Coinomi. You can view all available wallets on the official Bitcoin Cash website.
Once you have your wallet, you will need your Bitcoin Cash address. It’s a long string of letters and numbers that start with either a “1” or a “3” – similar to normal Bitcoin addresses.
Since many people got confused and started sending Bitcoins to Bitcoin Cash wallets and vice versa, a new format was invented for Bitcoin Cash. The format, called “Cash Address” is 42 characters long and starts with a “p” or a “q”. Here’s an example:
Keep in mind that Cash Addresses are just a representation of original Bitcoin Cash addresses. This means that the same address can be represented in two different ways (normal format or Cash Address format).
Not all wallets support Cash address format.
Best Bitcoin Cash Mixer
Best Bitcoin Cash Mixer Reviews
Bestmixer to support Bitcoin Cash, Bitcoin, Ethereum, and Litecoin
Bestmixer bitcoin mixer also functions as a bitcoin tumbler and a litecoin mixer. It is accessible on both the clear web and dark web. Their interface provides many unique options such as timed delivery delays, the allowance of multiple outputs and more. Below, I will outline the features, benefits and review my experience with Bestmixer.
- Onion URL:bestmix75b2gllyx.onion
- Coins Supported: BTC, BCH, LTC
- Three coin pools (reserves).
- Fee: 1% Minimum.
- No logs policy: Yes.
- Time Delays: Yes, User controlled.
- Minimum Deposit: 0.001BTC
- Additional Addresses: 10
- Distribution Control: Yes, User Controlled.
In addition to supporting multiple coins such as bitcoin, bitcoin cash, and litecoin they also have plans to add many new cryptocurrencies in coming months.
BestMixer.se User Interface
When comparing the bestmixer bitcoin mixer to others it seems to operate quickly and iw also very sImple and user friendly. On the front page you’ll first see an input box where the user may specify their output address. In other words, the address(s) that the coins will be sent to after the mixing transaction.
There’s an adjustable slider that can be adjusted to the high or low end of fees. As part of their interface, you can also see how “secure” or safe your mix is based on more addresses,time delays,amount spent on fees etc) in order to make their mix as private and anonymous as possible
You may specify up to 10 additional outputs. Each output is a separate bitcoin address, and will receive part of the new, mixed coins. For example: if you send 5 BTC to best mixer and specified 5 output addresses, you would get around 1BTC on 5 separate addresses.
After specifying multiple output addresses, modifying your service fee, and keeping a close eye on that security meter the whole time you’ve now come to the time delay feature. BestMixer bitcoin mixer – oh, as well as bitcoin cash mixer lets users control the delay for each individual address separately, which is unique to Bestmixer.
As part of the multiple output address feature, you may also choose to specify the weight in which the output coins will be distributed among your output addresses.
You may specify a certain amount per address, as little or as much as you like. The benefit of percentage distribution with best mixer is that you can actually specify specific amounts. This is something else unique to best mixer
As mentioned earlier, the fee can be adjusted on the higher or lower end of the service fee spectrum. The minimum fee being 1% while the higher end landing at 5%
- Bitcoins – 0.001BTC
- Bitcoin Cash – 0.001BCH
- Litecoin – 0.001LTC.
Secure Mixing Code
Once you begin a mix you are provided a unique mixing code. This mixing code may be used to look up transactions within the past 24 hours. Additionally, you may enter the mixing code when beginning a new mix- to ensure that you don’t receive your same coinds from before.
Bestmixer bitcoin mixer is one of the top bitcoin mixers by far. The fact that the support bitcoin cash as well as litecoin and soon to come ethereum just made them one of our favorites.
Bitcoin Cash Mixer Privacy Features
With so many new bitcoin cash mixer services popping up each day; it’s important to be sure you’re using a reputable bitcoin cash mixer. There are many impostor and phishing sites out there specifically designed to steal your bitcoin cash.
Bitcoin Cash Mixer Privacy Features
Although bitcoin cash mixers anonymize your bitcoin cash, advanced blockchain research can still narrow down and trace behavior in a number of ways. Many of the more popular bitcoin mixers offer a number of privacy features designed to hide the origin and destination of your coin.
Bitcoin Cash Deposit Time Delay
Many of the best bitcoin cash mixers offer the ability to randomly delay deposits. Meaning that there will be a layover period before the new coin is sent to your output wallet.
By doing so you are randomizing the time elapsed between the deposit, and withdraw. This creates an additional variable for anyone tracing or tracking your activity.
Bitcoin Cash Multiple Wallet Output
More advanced bitcoin cash mixers such as BCH-Mixer offer the ability to withdraw your deposited Bitcoin cash to multiple destination wallet addresses.
By splitting up the deposit amounts, anyone researching your transactions on the blockchain would be left in the dark when following specific transaction amounts.
Always Mix Your Bitcoin Cash
It never hurts to mix your bitcoin cash twice. In addition to utilizing delay and multiple output features; double mixing your coins (preferably using two separate services) multiplies the layers of anonymity.
Be sure to research the bitcoin cash mixer before sending any funds. We have compiled an extensive list of the most trusted bitcoin cash mixers here: bitcoin cash mixer directory.
Finding The Best Bitcoin Cash Mixer
Finding the best bitcoin cash mixer is crucial for the security and privacy of your BCH assets. These mixer services take your dirty, or otherwise “questionable” bitcoin cash assets and mix them with other tokens on the system. Once the process is complete, the new clean bitcoin cash is then deposited into your specified wallet(s).
This is a common practice when sending or receiving funds to or from deep web marketplaces, adult related sites, or even online casino sites. In many documented cases, assets have been held/seized by major exchanges or online merchants due to their prior activity on the blockchain. Mixing bitcoin cash is highly recommended not only to protect your anonymity… But to also ensure the safety of your funds.
Finding The Best Bitcoin Cash Mixer
There are many legitimate bitcoin cash mixers available on the clearweb and deep web. In this article we will outline some of the most important features to look for when choosing a BCH mixer.
Trust Ranking and Reputation
The most obvious thing you want to do is choose a bitcoin cash mixer that’s reputable. You don’t want to send your money to a scammer or fly-by-night service, so do your research. Check review websites and read up on other peoples experiences before sending any BCH. Be completely certain that you’re using a secure, respectable mixer.
There are a number of trusted bitcoin cash mixers to choose from. BCHBlender, BCH-Mixer, and Onion Mixer being some of the more popular options.
Security & Privacy Features
Many bitcoin cash mixer services reside on both the clearweb and the deep web. Deep web mixers can only be accessed via the Tor browser and are most commonly recognized by an obfuscated domain name ending in a (.onion) extension.
One of the more popular mixers being Onion Mixer, which can be accessed at http://nologs5v3izpluuu.onion/ (Tor Browser only)
Always Use a Bitcoin Cash Mixer
Although BCH mixers “clean” your coins, they can still be traced with advanced blockchain analysis tactics. Such tactics include time based analysis, as well as incremental based research. Advanced bitcoin cash mixer services offer randomized delay features, and multiple output wallet options to further strengthen your anonymity against such tactics.
For a complete list of the best bitcoin cash mixer services, visit our bitcoin cash mixer directory
Litecoin Core 0.17 Will ‘Beat Bitcoin Cash’ On Cost And Speed
Wilma Woo | Oct 26, 2018 | 12:00
Litecoin Core 0.17 Will ‘Beat Bitcoin Cash’ On Cost And Speed
Wilma Woo | Oct 26, 2018 | 12:00
Litecoin’s (LTC) forthcoming client release will make it “faster” and “cheaper” than Bitcoin Cash (BCH), according to one analyst as developers confirm transaction fees will reduce 90 percent.
10X Fee Decrease Puts LTC In Front
Litecoin Core 0.17, which the Litecoin Foundation said was “upcoming” in a blog post on its now-suspended Medium account, will deliver a host of end-user improvements.
Specifically, while LTC 0 0 currently costs around $0.05 in average fees, after the update this will reduce closer to $0.005.
This, Alternative Assets performance analyst and LearnCrypto.io president Nich Hellmann notes, will end the status quo in which Litecoin is more expensive to use than Bitcoin Cash.
Despite its larger market cap, he continues, BCH 0 0 is slower and has a more “contentious” community.
“Currently because the blocks aren’t full there is no need to pay higher fees, which is one reason why the move is being taken,” developers wrote explaining the updates.
Togami: BCH Attack ‘Not Hypothetical’
LTC markets have so far not reacted to the update, trading behavior broadly falling in the line other major altcoin assets this week.
Cryptocurrency users suspicious of BCH’s development and marketing practices will no doubt have doubled down on their perspective after data this week showed its network is in a precarious position.
Updating his ongoing tracking of BCH, Blockstream VP solutions head Warren Togami noted the network’s 30-day average hashrate had fallen below 7 percent of Bitcoin’s.
This, he warned “matters (because) of the risk of exchange insolvency from double-spend theft.”
The hashrate proportion had dipped below 8 percent at the start of September, Bitcoinist reporting on Togami’s preexisting concerns about network security.
At the time, he compared the state of the network to an LTC hard fork from 2013, which imploded due to a 51 percent attack months afterwards.
Now, he says, the danger of BCH following suit is “not hypothetical.”
What do you think about Litecoin’s coming update? Let us know in the comments below!