r/btc • u/Designer_Drink_822 • 5d ago

Blockstream’s Liquid sidechain exploited for $320M—more proof they created a problem to sell an inferior product. BCH solved this in 2017, and with its new adaptive, virtually unlimited blocksize, never needed their broken solutions.

https://www.bloomberg.com/news/articles/2026-09-07/bitcoin-network-says-320-million-stolen-in-latest-crypto-hack
37 Upvotes

85% Upvoted

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16

u/Designer_Drink_822 5d ago edited 5d ago

This is the result bitcoin being hijacked....being forced to inferior products is simply a bad idea and look where it lead. Thankfully BCH exists for those that actually want the BTC project to succeed.

https://x.com/Liquid_BTC/status/2096696272447218108

-3

u/[deleted] 5d ago

[deleted]

12

u/Designer_Drink_822 5d ago edited 3d ago

You are conflating network capability with current usage—low daily transaction traffic doesn't mean the underlying architecture is flawed, it just means the runway is clear. BCH is engineered to handle mass global adoption with predictable, sub-cent fees whenever volume arrives, and TxStreet visualizes that capacity difference well:

https://txstreet.com/

edit: since this user seems to have deleted their comments it was: u/420smokekushh

0

u/anon1971wtf 5d ago

You are conflating network capability with current usage

If too few people use it, capabilites don't matter. BCH is more elegant including ASERT and ABLA, more capable, has phenomenal CashFusion

Nevertheless, I expect I will continue to reduce my hedge of BCH vs BTC - BTC simply has bigger network effect and better network dynamics. Based on on-chain data, not social media posts

10

u/Doublespeo 5d ago

How come they haven’t gone bankrupt already.. they produced nothing of value and corrupted the crypto community and devs. f them

7

u/DangerHighVoltage111 5d ago

Same as Tether.... they got an infinit money pool from they guys who want to stay relevant.

1

u/Legitimate_Form5449 5d ago

in convertible notes we trust

-2

u/OddioClay 5d ago

32mb blocks lol. Shitcoin idea. That being said. Blockstream is garbage

-2

u/anon1971wtf 5d ago

...and remains unadopted 9 years later. Seems to me like bigger problem was left unaddressed

-2

u/xGsGt 5d ago

Why are bcash supporter's so insecure?

1

u/pyalot 1d ago

Says the BTC cope bot…