I’ve got a few questions for the community to consider and would love to hear your thoughts.
What happens if there is a crackdown by nation states on crypto miners like what is already happening in China? How will the BCH blockchain cope with losing a significant portion of the mining rigs (e.g 30% + )? Wouldn’t that affect transaction speed and future scalability due to the PoW model?
Would it make sense for XCPC to own and operate its own mining operation and secure its own power supply that is not dependent upon national grids which are obviously owned and operated by nation states?
What will be the mechanism to run ICOs on the BCH Blockchain using XCPC? ETH has smart contracts which are its ‘killer app’ which allow to fully automate token issuance. They also have a mature standard (ERC20) for streamlining this type of activity. BCH (and BCT as well) don’t have that and therefore there is a need to use manual escrow arrangements.