Why BCH and BSV Are So Fragile
Get the "Ultimate Guide to Bitcoin" course:
https://www.trader.university/courses...
Use the discount code YT99 to get the best price.
In this video, I examine the relative network hash rates of BTC, BCH, and BSV, in order to determine which network provides the most robust security.
I conclude that the Bitcoin (BTC) network offers much higher security against empty block attacks and other 51% attacks than either BCH or BSV does.
This is because the same mining rigs (SHA-256 ASICs) can be used to mine BTC, BCH, or BSV. BTC miners can divert just a tiny percentage of their hash rate (0.50%) to permanently disrupt the other two networks.
This is one reason that you never want to own the second or third best crypto that is secured by the same proof of work algorithm. This leaves your chain open to attacks by machines that are mining the highest hash rate network.
It's no surprise that BSV has already been a victim of multiple 51% attacks.
BCH and BSV continue to be failed forks and failed projects that are gradually trending to zero against BTC.
Not investment advice! Consult a financial advisor.
SHA-256 hash calculator:
https://xorbin.com/tools/sha256-hash-...
BSV network hash rate:
https://miningpoolstats.stream/bitcoinsv
BCH network hash rate:
https://miningpoolstats.stream/bitcoi...
BTC network hash rate:
https://miningpoolstats.stream/bitcoin
Hashpower converter calculator:
https://coinguides.org/hashpower-conv...
BSV hit by three 51% attacks:
https://cointelegraph.com/news/bitcoi...
Empty block attack hits BSV:
https://news.bitcoin.com/an-unknown-m...
Bitcoin BSV Association likes to rely on the legal system:
https://bitcoinassociation.net/statem...
I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos.
My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.
#bitcoin
#bch
#bsv
Disclaimer
Neither Trader University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video or at www.Trader.University (henceforth, “the Site”) should be construed as such by you. This video and the Site should be used as educational tools only and are not replacements for professional investment advice. There is a high risk in trading.
-
5:10:59
Fresh and Fit
14 hours agoElon Musk X Donald Trump Interview Reaction
196K74 -
2:58:54
SNEAKO
16 hours agoSNEAKO X ZHERKA IN CROATIA
138K54 -
1:41:33
The Anthony Rogers Show
14 hours agoEpisode 231 - Sloan Bella
7.56K1 -
4:18:16
Robert Gouveia
15 hours agoTrump Returns to X! Elon Interview LIVE; Mar-Lago Lawsuit; EU Censorship
124K95 -
5:32:10
Drew Hernandez
21 hours agoDONALD TRUMP & ELON MUSK X SPACES COLLAB
159K160 -
38:54
Candace Owens
17 hours agoOff Record With Kanye: More Secrets Revealed... | Candace Ep 43
191K82 -
46:02
Matt Kohrs
15 hours agoThe Battle For Free Speech || Rumble's Q2 Earnings Recap w/ CEO Chris Pavlovski
127K30 -
5:14:07
WeAreChange
15 hours agoTrump Musk X Space Listen Along Live
262K72 -
1:16:10
Donald Trump Jr.
19 hours agoThe Kameleon & The Walz of Shame, Live with Sen Tom Cotton | TRIGGERED Ep.164
273K367 -
1:07:21
2 MIKES LIVE
15 hours ago2 MIKES LIVE #102 DEEP DIVE MONDAY!
120K2