Home / Crypto Currency / Bitcoin Cash Stress Test – 5 Interesting Things That Happened

Bitcoin Cash Stress Test – 5 Interesting Things That Happened

Determining the pain points of a blockchain or cryptocurrency can be done in many different ways. In the case of Bitcoin Cash, a proper stress test was conducted a little while ago The results are rather promising, and a lot of valuable information was obtained. The following key findings are ranked in term of overall importance.

#5 Bringing the Pressure is Easy

It is always good to see a stress test be successful because increasing the number of transactions does not pose any real problems. In the case of Bitcoin Cash, the stress test has been quite successful, as the number of transactions was ten times higher compared to the regular throughput. A promising sign for the future, and it allowed the developers and community to observe all of the results accordingly.

#4 Over 2 million Transactions Completed

Stressing a cryptocurrency network can usually incur some delays and issues along the way. In the case of the 2018 BCH Stress Test Day, over 2.2 million transactions were executed without any problem whatsoever. This is primarily achieved because of the project’s different approach to scaling, which makes it very different from Bitcoin and other cryptocurrencies on the market today.

#3 Big Blocks Are Flowing

A stress test on this scale can only be executed with the help of all mining pools. For the BCH test, all major mining pools successfully processed a lot of large blocks. Some of these network blocks were 15MB in size, further indicating the bigger block approach by this altcoin is no unnecessary luxury when it comes to scaling cryptocurrencies to the next level. There is a proposal on the table to further increase the maximum BCH block size fairly soon.

#2 A New Big Block Record

At one point during the 2018 BCH stress test, a network block was generated at a size of 23.15MB. This is an absolute record in the world of cryptocurrency, and further shows it is good to have higher limits in place for this particular network. One as to keep in mind this is an exception rather than the norm, but it is still interesting to see regardless.

#1 Low Fees Remain in Place

Spending cryptocurrency usually hinges on how expensive it is to broadcast a transaction. In the case of Bitcoin Cash, this stress test did not inflate the overall transaction cost in a significant manner. Most network transactions during this test were completed at a fee of $0.001, which is incredibly cheap.


Users will need to keep in mind this stress test is not a viable representation of regular Bitcoin Cash network activity. A lot more transactions were processed compared to how things go on a day-to-day basis. Even so, preparing for what may come in the future is never a bad idea. Bitcoin Cash appears to hold all of the cards in this regard. How things will pan out moving forward, remains up in the air.

Read more

Check Also

Dogecoin Price – Gains Loom on the Horizon as Community Bands Together

The cryptocurrency markets have seen plenty of promising momentum throughout the previous weekend. As is usually the case, things fall apart the Monday after. Today is no different, even though the Dogecoin price remains relatively stable. The confirms the meme coin may see some positive price momentum as the week progresses. Dogecoin Price Remains Stable The past week has not been overly impressive for the DOGE’s price. Despite some positive momentum two weeks ago, last week was filled with small declines and sideways trading momentum. Not much has happened in the world of DOGE that week either, although this trend may be coming to change fairly soon. The current low price has some people excited to pick up some cheap DOGE. In terms of Satoshis, one DOGE sits at 86 Satoshi right now. That appears to be a rather solid entry point, as the altcoin hit 100 Satoshi a few weeks ago. Although the momentum did not last too long, it is not impossible things will head in a similar direction rather Lovely cliff top to buy for my regular Monday $doge purchase In at 86 satoshi #dogecoin #therealbitcoin — Bitty Cryptonius (@BittyCryptonius) September 24, 2018 The Dogecoin community has been working on a few interesting changes behind the scenes. So far, it has not impacted the price or its market cap just yet, although things are always subject to change in the world of cryptocurrency. On the “fun” front, a new Dogecoin paper bill is being created by enthusiasts on Reddit. This bill looks somewhat similar to more common Bitcoin paper wallets, as custom designs have been of great interest in this regard. The bill displayed on Reddit is quite neat and shows it may effectively bring a lot more attention to the Dogecoin ecosystem moving forward. Last but not least, the correlation between Dogecoin and racing is still in place, by the look of things. One Reddit user put a DOGE decal on his race car, which is competing in local races. Although it may not necessarily result in major exposure for the cryptocurrency, every small marketing push can help move things along in the future. As is usually the case, one has to wonder if the Dogecoin price will see any major improvements. As of right now, there is a 0.25% decrease in USD value, yet a 1.05% gain over Bitcoin. Things can get very interesting in this regard, assuming the positive momentum remains in place for some time to come. The markets will all see a healthy bounce this week, yet Dogecoin may be the one to lead the charge in this regard. Disclaimer: The above is not trading or investment advice. Always do your own research before investing in any cryptocurrency. The post Dogecoin Price – Gains Loom on the Horizon as Community Bands Together appeared first on NullTX.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Disclaimer: Trading in bitcoins or other digital currencies carries a high level of risk and can result in the total loss of the invested capital. theonlinetech.org does not provide investment advice, but only reflects its own opinion. Please ensure that if you trade or invest in bitcoins or other digital currencies (for example, investing in cloud mining services) you fully understand the risks involved! Please also note that some external links are affiliate links.