I need to preface this post by saying I haven’t followed BTC development too closely over the last year or so. So if someone comments and says “I can’t believe you haven’t heard of the fluid asymmetric hyper payments that the Core devs are working on! It’s going to be the next big thing!” I haven’t. But regardless I’d have my doubts.

With the next bull run raging Bitcoin fees are once again soaring upwards thanks to clogged block space. Last I checked they were $12 for a next block confirmation. The previous bull run saw average fees reach $100.

A redditor saying the other day that he doesn’t understand the need for avalanche or what actual it solves. This seems to be a common sentiment. In this post I’ll try my best to articulate the problems that we currently have in Bitcoin Cash and how avalanche attempts to solve them. There are two ways avalanche could be used ― pre-consensus and post-consensus ― so I’ll cover both of them in this article.


So what’s the problem? There are two actually ― block propagation and zeroconf.

Block Propagation
A lot of people in our community seem to think that block propagation…

Yesterday Craig Wright published his plan for zeroconf transactions on the Bitcoin SV network. It reads like someone who has only thought about the issue for the first time just recently and ignores the years of research into the topic that has taken place in the Bitcoin space over the last decade. This article will be a partial response to his article but will also outline the direction we are heading to improve zeroconf in Bitcoin Cash.

The Problem

At present zeroconf payments are insecure on Bitcoin, Bitcoin Cash, Bitcoin SV and most other cryptocurrencies. They are insecure because an attacker can…

Chris Pacia

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store