There is only one type of bitcoin in this world, the rest of the names like bitcoin cash, Bitcoin SV are not bitcoins, they are just shitcoins like other shitcoins on the market. As a newbie, you should only focus on bitcoin and stay away from other shitcoins to avoid unfortunate incidents from happening.
Furthermore, to better understand the difference between bitcoin and altcoin, I think you can search them yourself using google. These are the basics, you should spend a lot of time learning about them if you don't want to lose money in this market.
Topic: Bitcoin and Bitcoin Cash difference? - page 2. (Read 254 times)
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Like every other person has explained, Bitcoin was created by a different person known as Satoshi Nakamoto, while Bitcoin Cash is known to have been developed by some other individuals that supported the development of Bitcoin, including Haipo Yang and Roger Ver, who is the CEO of Bitcoin.com.
Another great difference is that Bitcoin is ranked the number one cryptocurrency with the highest trading volume in the entire crypto market, while Bitcoin Cash is ranked around 19th, which means that investors are trading Bitcoin more than Bitcoin Cash. Now, feel free to lock your thread because the answer you seek has been provided.
Another great difference is that Bitcoin is ranked the number one cryptocurrency with the highest trading volume in the entire crypto market, while Bitcoin Cash is ranked around 19th, which means that investors are trading Bitcoin more than Bitcoin Cash. Now, feel free to lock your thread because the answer you seek has been provided.
hey im new, what is the difference between bitcoin and bitcoin cash? can anyone explain in short words?
Bitcoin is written as Btc while bitcoin cash is BCH
As you're told already, bitcoin cash is altcoin while bitcoin remains the same decentralized and first digital currency, they only have a common similarity being cryptocurrency but are different things entirely, another difference is that bitcoin was introduced by Satoshi Nakamoto which is the first and decentralized digital currency, the entire story that led to the creation of bitcoin cash will be more enlighthened here https://www.investopedia.com/terms/b/bitcoin-cash.asp#:~:text=Bitcoin Cash was created in,rise between 2009 and 2016.
Not only do they differ because one is the original and the other is a derivative of it, there is also the fact of the size of its blocks, while bitcoin has a capacity of 2 MB, the other reaches 32 MB, which determines the number of transactions that can be made per day, analyzing this it can be deduced that bitcoin would be limited to a small number of these transactions compared to BCH, as indicated in the article you point out:
Quote
Bitcoin Cash was created to allow more transactions in a single block, which theoretically reduces fees and transaction times
This is an advantage that it could have in favor, however, despite this, it is still a fork of bitcoin, which causes its value to remain low due to the little demand it has, which in itself would be what could help increase its price, so despite its capabilities and improvements, it has not managed to meet the expected expectations, like the other cryptocurrencies, bitcoin remains unsurpassed the confidence that bitcoin has come to issue to its users does take strength and difficult to reach or even match.
hey im new, what is the difference between bitcoin and bitcoin cash? can anyone explain in short words?
Op as other have said. If you like reading, you can browse these: 1. Bitcoin Cash and also
2. What is Bitcoin.
You are welcome to the bitcoin forum. Read more to acquire the knowledge you want.
Bitcoin Cash is just some altcoins that are being created by some pyraniod teams that are obsessed with Bitcoin and want to prove that they can do better by introducing BCH.
Bitcoin was not the first digital currency, as there were other attempts before it, But it appears to be the first successfully created and generally used digital currency.
while bitcoin remains the same decentralized and first digital currency,
Bitcoin was not the first digital currency, as there were other attempts before it, But it appears to be the first successfully created and generally used digital currency.
Clear up any confusion: Bitcoin Cash is not Bitcoin; it's a fork led by Roger Ver, making it an altcoin. Despite attempts to market it as real Bitcoin, this is inaccurate. Ver's efforts to establish this idea were unsuccessful. If you're considering purchasing, it's wiser to stick with genuine Bitcoin.
hey im new, what is the difference between bitcoin and bitcoin cash? can anyone explain in short words?
Bitcoin is written as Btc while bitcoin cash is BCH
As you're told already, bitcoin cash is altcoin while bitcoin remains the same decentralized and first digital currency, they only have a common similarity being cryptocurrency but are different things entirely, another difference is that bitcoin was introduced by Satoshi Nakamoto which is the first and decentralized digital currency, the entire story that led to the creation of bitcoin cash will be more enlighthened here https://www.investopedia.com/terms/b/bitcoin-cash.asp#:~:text=Bitcoin Cash was created in,rise between 2009 and 2016.
Bitcoin cash is an altcoin. It forked from bitcoin. An hard fork.
When there was a disagreement in the bitcoin community to increase bitcoin block size or not, the community divided and the people that wanted increase in block size later resulted to bitcoin cash creation while bitcoin remain to be bitcoin.
After the hard fork that led to bitcoin cash, people that have bitcoin on their wallet are given the same amount in bitcoin cash which they can claim it on the bitcoin cash wallet with their bitcoin private key.
Bitcoin cash is not the same as bitcoin, it is forked from bitcoin and it is one of the altcoins.
When there was a disagreement in the bitcoin community to increase bitcoin block size or not, the community divided and the people that wanted increase in block size later resulted to bitcoin cash creation while bitcoin remain to be bitcoin.
After the hard fork that led to bitcoin cash, people that have bitcoin on their wallet are given the same amount in bitcoin cash which they can claim it on the bitcoin cash wallet with their bitcoin private key.
Bitcoin cash is not the same as bitcoin, it is forked from bitcoin and it is one of the altcoins.
hey im new, what is the difference between bitcoin and bitcoin cash? can anyone explain in short words?
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