In the strange world of cryptocurrencies, Litecoin and Bitcoin (BTC) play the parts of the silver and gold, respectively. But what happens if Bitcoin Cash (BCH) usurps Bitcoin?
Before we provide analysis on this odd bit of Litecoin news, it seems useful to provide a backstory for our new readers. Otherwise, the question sounds bizarre.
Imagine, if you will, that all the Bitcoin miners, developers, investors, and entrepreneurs are gathered in one room. You have a proposal to upgrade Bitcoin—to make it faster, more efficient, more scalable—and you put it to a vote.
What you need is an “economic majority” to approve your proposal. People argue about the percentage number.
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