How does the number of Bitcoin Cash coins compare to Bitcoin?

Can you explain the difference in the number of Bitcoin Cash coins compared to Bitcoin? How do they compare in terms of total supply and distribution?

1 answers
- In terms of the number of coins, Bitcoin Cash and Bitcoin have the same maximum supply of 21 million coins. However, the distribution of coins is different due to the hard fork that occurred in 2017. This means that some Bitcoin holders also received an equal amount of Bitcoin Cash after the fork. So, while the total supply is the same, the distribution and availability of Bitcoin Cash coins may differ from Bitcoin. It's worth noting that both Bitcoin and Bitcoin Cash have their own strengths and weaknesses, and their values are influenced by market demand and adoption.
Mar 26, 2022 · 3 years ago

Related Tags
Hot Questions
- 98
What are the best digital currencies to invest in right now?
- 98
What are the advantages of using cryptocurrency for online transactions?
- 85
How can I protect my digital assets from hackers?
- 80
What are the best practices for reporting cryptocurrency on my taxes?
- 79
How can I buy Bitcoin with a credit card?
- 34
How can I minimize my tax liability when dealing with cryptocurrencies?
- 33
How does cryptocurrency affect my tax return?
- 28
What are the tax implications of using cryptocurrency?