"using your own wallet you can validate your own holding on the chain". This is not true and suggests you do not understand the technology all that well.

Without a full node validating the entire chain your "wallet" must rely on a 3rd party node to provide it the data. You cannot validate your own "holdings" without a full node with the entire chain validated.

In other words, bcash is not trustless.

Reply to this note

Please Login to reply.

Discussion

1. you do not run your own node.

2. if you wanted to, you could, because the bcash blocks are all empty

3. if the blocks were full you could not run your own node

Only bitcoin is trustless and will remain that way.

What I find most amusing is how you claim "no one needs to run their own node" some of the time but then other times you say "I run my own node".

You are a silly person. I will reiterate what I said before If you support bcash you are either ignorant or paid to do so. In your case, probably both.

again you display your lack of understand here. You say "millions of people do not run their own node". yes, and again I tell you that's not the point. The point is that you can. Unlike bcash where it is impossible to validate 32 meg blocks.

I love your argument that says "by the time blocks are full my node will be SO fast it'll be ok". This of course makes no sense because if you were ACTUALLY concerned about validation you would not increase the block size UNTIL the nodes were fast enough. Instead you increase the blocksize BEFORE the nodes are fast enough to handle it. The only reason this works at all is because no one uses bcash.

You keep talking about "bankers" but the reality is that it's bcash that can be controlled because there are only a few nodes running in datacenters... or at least there would be only a few nodes if people actually used the network, which they don't.

Your network has no usage, no adoption, no hashrate, and no market cap.