Like 3 or 4 years ago, Seth said they might soon accept Monero, but they didn’t either. Proton is not too bad, to be sure, but it’s been really questionable in various ways too… Better late than never, though.
The fundamental issue with Monero is its ability to scale. Tests have shown it can only do about 500k TX per day before serious node issues begin making the network unstable. Bitcoin Cash has been tested up to 10 million TX per day.
BCH is the complete package
It has a presence on all exchanges making it universally available
It has smart contracts, tokens, and DeFi. For example MUSD a decentralized stable coin. All on-chain and non-custodial https://www.moria.money/
BCH has instant transactions, there is no RBF (replace by fee like in BTC) or coin lock time so when you get a TX it is instantly spendable and non-reversible. This makes for a great DEX experience - https://app.cauldron.quest/tokens
They have ignored this request for almost 10 years. https://protonmail.uservoice.com/forums/935538-accounts-payments/suggestions/33188971-accept-monero-for-payment
Like 3 or 4 years ago, Seth said they might soon accept Monero, but they didn’t either. Proton is not too bad, to be sure, but it’s been really questionable in various ways too… Better late than never, though.
Cf. elsewhere https://l.opnxng.com/r/Monero/comments/1lmuhfi/proton_to_add_monero_support_with_1000_signatures/
they’re Bitcoin maximalist
There would be no problem with this if BTC actually worked.
Bitcoin Cash is the real Bitcoin. Instant payments and good privacy when you use CashFusion, plus world level scalability.
In what ways is it better than Monero?
The fundamental issue with Monero is its ability to scale. Tests have shown it can only do about 500k TX per day before serious node issues begin making the network unstable. Bitcoin Cash has been tested up to 10 million TX per day.
BCH is the complete package
It has a presence on all exchanges making it universally available
It has smart contracts, tokens, and DeFi. For example MUSD a decentralized stable coin. All on-chain and non-custodial https://www.moria.money/
BCH has instant transactions, there is no RBF (replace by fee like in BTC) or coin lock time so when you get a TX it is instantly spendable and non-reversible. This makes for a great DEX experience - https://app.cauldron.quest/tokens
It has good privacy via CashFusion, a untraceable trust-less coinjoin implementation - https://odysee.com/@backyarddirectors:c/cashfusion-true-privacy-on-bitcoin-cash:c
New developments will allow even better privacy than Monero in the form of private tokens - https://odysee.com/@CashDragon:6/bch-privacy-future:0
All this while maintaining full audibility, you do not have to worry about secret inflation bugs, plus the Bitcoin name.
Take a look at all the upgrades that have happened on BCH, cutting edge - https://minisatoshi.cash/upgrade-history
Cashfusion isn’t same level with Monero
you have to coinjoin a few times and the actual spending. Which causes you to do few TX instead of one.
however its still true BCH has better scalability than XMR. Especially better pruning options.