Bitcoin (BTC) or Bitcoin Cash (BCH)
Could anyone please tell me in simple terms how is the Bitcoin Cash (BCH) differs from Bitcoin (BTC) and it's likely effects on the Bitcoin (BTC) future.??
Could anyone please tell me in simple terms how is the Bitcoin Cash (BCH) differs from Bitcoin (BTC) and it's likely effects on the Bitcoin (BTC) future.??
For starters, the size of the block size of bitcoin is capped at 1MB, whereas the size of bitcoin cash is capped at 8MB.
https://qz.com/index/1044685/bitcoin-split-what-is-the-difference-between-bitcoin-and-bitcoin-cash/
Bitcoin users will experience very little noticeable difference on the front end when using either currency. The main difference is that given equal hash rate bitcoin cash will allow for around two million transactions per day, whereas bitcoin with a 1MB block size will only allow around 250,000 transactions per day. Bitcoin cash allows for more transactions per second which means faster payments and lower fees.
https://www.bitcoin.com/info/differences-between-bitcoin-cash-bcc-and-bitcoin-btc
Adoption is the main issue though.
Thank you @catred5...Sure it helps.!!!
Congratulations @viviraj! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here
If you no longer want to receive notifications, reply to this comment with the word
STOP