A bCommerce World: How Bitcoin Cash Will Power the Future of bCommerce
summary
Argues that Bitcoin Cash scales bCommerce by increasing block size: launched with 8 MB default blocks and plans a 32 MB upgrade on May 15, backed by a funded Giga block testnet and a Terra project to manage the huge UTXO database. Claims 1 GB blocks yield ~10,000 tx/s, terabyte blocks ~7 million tx/s and 50 tx per person per day, enabling IoT and micropayments; cites merchant economics (Amazon example: fees falling from ~$76M to ~$2.5M, >90% savings) and investments in Centbee, Yours Inc, LoCAD, SBI.
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chapters (8)
- 0:00bCommerce and Bitcoin Cash
- 2:12Why Bitcoin Cash powers bCommerce
- 5:44Block size debate solution
- 9:37Scaling Bitcoin Cash
- 13:56Merchants and payment advantages
- 16:45Security and user-friendly solutions
- 19:14Summary and call to invest
- 19:56Q&A on GigaBlock and Lightning
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