Bitcoin Cash vs Bitcoin Core Transaction Visualizer
TX Highway is a blockchain visualizer created by two
Bitcoin Cash supporters. We wanted to find a simple way for ordinary users to visualize transactions
on both chains, and provide a comparison of the two competing chains of Bitcoin. We strongly feel Bitcoin
Cash's big blocks, on chain scalability, fast confirmations and extremely low fees allow for Bitcoin to become
the peer to peer electronic cash that it was always meant to be. It's wide open highways with Bitcoin Cash,
and complete gridlock on Bitcoin Core.
Do we really need 32MB blocks?
Prior to Bitcoin splitting into two versions (Bitcoin Cash and Bitcoin Core), the mempool was clogged up. Fees
skyrocketed, and Bitcoin slowed to a crawl. Businesses stopped accepting Bitcoin altogether when fees rose
higher than $1 and altogether laughed at the idea of Bitcoin as currency when fees rose to over $60 USD per
transaction in December 2017.
Bitcoin Cash and the multiple decentralized teams of protocol developers have agreed to keep a healthy safety
net to always allow new ideas to flourish on Bitcoin. Bitcoin Cash doesn't yet have 32MB blocks, merely the
capability for them. This allows large scale merchants, and new on-chain services to grow on the true vision
Why a Highway Analogy?
The highway comparison was originally shared by Eli Afram (
@justicemate), a contributor for CoinGeek. This highway metaphor is what spawned this whole project.
Blockstream/Core's Business Plan: The artificial constraint on the number of transactions, imposed by Blockstream's
Core, is akin to an ever widening, and growing, multi-lane highway, but being told you can only use 1 lane.
As the population complains about traffic congestion, they build side-roads, which help bypass and ease congestion.
But each side-road comes with its own toll-booth, which they profit off of. All the while, many other lanes
are available and could be used.
– Eli Afram