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Nickel Bitcoiner
Nickel Bitcoiner
Posts: 67
Joined: Wed Apr 05, 2017 12:01 am

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What are the differences between Bitcoin and Bitcoin Cash

Tue Mar 19, 2019 1:12 am

Many people are always asking about the differences between Bitcoin and Bitcoin Cash, so I decided to create a guide for those who want to learn.

Usually, Bitcoin is held as an investment, while Bitcoin Cash is more liquid and is oftentimes used to transact between cryptocurrencies or to make transactions in real life quickly and seamlessly. Both cryptocurrencies have their advantages and drawbacks.

You can read more about it here: https://www.smartbitcoininvestments.com ... coin-cash/
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Mike Jones
Nickel Bitcoiner
Nickel Bitcoiner
Posts: 21
Joined: Mon Aug 13, 2018 9:54 am

Re: What are the differences between Bitcoin and Bitcoin Cash

Tue Jun 25, 2019 12:38 pm

As we all know Bitcoin cash is the "hard fork" of Bitcoin. Let's see the major differences between BTC and BCH -

Bitcoin has lot of mining pools, where a single miner has a majority of 51% to rule them all is quite impossible.

Bitcoin Cash, on contrary, is highly centralised. Right now there are 3 mining pools that make more than 51% together. This can be a dangerous situation because the future of the currency becomes too reliant on these three.

The replay between the two chains is no longer possible as the Bitcoin Cash uses a different hash algorithm to the one Bitcoin uses.

Currently, the number of blocks for Bitcoin cash is 8 MB and it allows for an increase in the number of blocks.

Bitcoin Cash has a different transaction signature to verify its distinction from Bitcoin.

One can try converting [url=https://coinswitch.co/coins/bitcoin-cash/bitcoin-cash-to-bitcoin]bitcoin cash to bitcoin[/url] to gain a better exchange rate.

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