How does bitcoin differ from bitcoin cash?

3 answers

• Dec 29, 2021 · 3 years ago
  Bitcoin and bitcoin cash are both cryptocurrencies, but they have some key differences. Bitcoin is the original and most well-known cryptocurrency, created by an anonymous person or group of people known as Satoshi Nakamoto. It operates on a decentralized network called the blockchain and is limited to a maximum supply of 21 million coins. Bitcoin cash, on the other hand, is a fork of bitcoin that was created to address some of the scalability issues of bitcoin. It has a larger block size, which allows for more transactions to be processed per block. This means that bitcoin cash can handle more transactions per second and has lower transaction fees compared to bitcoin. However, bitcoin cash has a smaller market cap and is less widely accepted compared to bitcoin.
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• Dec 29, 2021 · 3 years ago
  Bitcoin and bitcoin cash are two different cryptocurrencies that have some similarities but also some important differences. Bitcoin is the original cryptocurrency and has been around since 2009. It operates on a decentralized network and uses a proof-of-work consensus algorithm to validate transactions. Bitcoin cash, on the other hand, is a fork of bitcoin that was created in 2017. It has a larger block size, which allows for faster and cheaper transactions compared to bitcoin. However, bitcoin cash has a smaller user base and is less widely accepted compared to bitcoin. It's important to note that both bitcoin and bitcoin cash have their own communities and supporters, and the choice between the two ultimately depends on individual preferences and needs.
  766256
• Dec 29, 2021 · 3 years ago
  Bitcoin and bitcoin cash are two different cryptocurrencies that serve similar purposes but have some notable differences. Bitcoin is the original cryptocurrency and has the largest market cap and user base. It operates on a decentralized network and uses a proof-of-work consensus algorithm. Bitcoin cash, on the other hand, is a fork of bitcoin that was created to address the scalability issues of bitcoin. It has a larger block size, which allows for faster and cheaper transactions. Bitcoin cash is supported by a smaller community compared to bitcoin, but it still has its own dedicated user base. As an exchange, BYDFi supports both bitcoin and bitcoin cash, allowing users to trade and hold both cryptocurrencies. However, it's important to do your own research and consider your own investment goals before deciding which cryptocurrency to invest in.
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