Bitcoin's halving is an event that inspired many other cryptocurrencies, especially BTC forks, including BCH 📷 The BCH development team has definitely expected a lot of the price increase after BTC Halving.
However, if the performance of BTC is maintained when only 25% of the hashrate is reduced (from 121M to 91M TH/s) or maintains the price around $9K, BCH will not maintain that when losing the hashrate from 3.3 M down to 1.5M TH/s. Another worrying metric: the cost of 1 hour of 51% attack on the BCH network is currently only $ 9,000 @@
Perhaps as many experts have said: the crypto world has Bitcoin & Altcoins. BCH or other BTC forks are just Altcoins.
What is your opinion, do you think BCH is the perfect successor of BTC? And what is the reason why the status of the BCH network is adversely affected?
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