Bitcoin Cash vs Bitcoin 2021 – What is Bitcoin Cash? How is it Different from Bitcoin? Which is Better?


Bitcoin Cash vs Bitcoin 2021

Bitcoin Cash vs Bitcoin

What is Bitcoin Cash? How is it Different from Bitcoin?

Bitcoin Cash vs Bitcoin:

Bitcoin (BTC) is limited by transaction processing time, an issue that has caused rifts between factions within the bitcoin mining and developing communities.

Bitcoin Cash (BCH) was started by bitcoin miners and developers concerned about the future of the bitcoin cryptocurrency, and its ability to scale effectively. While bitcoin blocks are limited to 1 MB, BCH blocks are 8 MB.

Bitcoin Cash was created as a result of a hard fork in the Bitcoin network.

The Bitcoin Cash network supports a larger block size than Bitcoin (currently 32MB as opposed to Bitcoin’s 1MB).

Later on, Bitcoin Cash forked into Bitcoin SV due to differences in how to carry on its developments.

That’s Bitcoin Cash in a nutshell.

If you want a more detailed review watch the complete video.

Here’s what I’ll cover:

0:50 – Bitcoin forks

2:06 – Bitcoin’s block size debate

3:35 – Big blocks camp

4:26 – Small blocks camp

5:16 – Small blocks vs. big blocks arguments

7:05 – How decisions are made in the Bitcoin network

10:14 – Block size debate resolution

11:06 – Bitcoin cash intro

11:28 – BTC vs. BCH

12:13 – Bitcoin Cash (ABC) vs. Bitcoin SV

13:09 – Conclusion

Bitcoin Cash vs Bitcoin – Which is Better?

Some people consider Bitcoin (BCH) and Bitcoin SV (BSV) to be failed forks and failed projects. 

And they reason that BTC wins over BCH and BSV by having:

1) the largest market cap

2) the best trading volume and liquidity (required by large institutional investors)

3) the most well-known brand

4) the highest hash rate (and hence highest network security)

5) the most full nodes (and most decentralized)

6) the most developers

7) the most miners.

As a result of these network effects, it will be impossible for either BCH or BSV to ever catch up with BTC.



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