Bitcoin Death Spiral versus Bitcoin Cash
Bitcoin recently gained a new competitor: Bitcoin Cash. Bitcoin Cash is a fork of Bitcoin which boasts a configurable maximum block size, currently set to 8MB. This is an increase from Bitcoin’s maximum block size, which is only 1MB. With this fork, a few terms have been being thrown around, including the “Bitcoin Death Spiral”. A few other basic terms Before I go further, here’s some explanations for a few terms you’ll see throughout this article. Bitcoin Cash has what’s…