Topic: bitcoin VS bitcoincash - page 3. (Read 531 times)

C'mon don't you think that it's no needed to compare between this two cryptocurrencies? Bitcoin is the king of cryptocurrency world, the first cryptocurrency in the world and it's also the first cryptocurrency can be used to buy real stuff while Bitcoin Cash is just a child of Bitcoin, it was created by Bitcoin hardfork, although Bitcoin Cash price is also really high but it'll never being can reach to the high price as Bitcoin

Bitcoin cash is fork coin and it is come from Bitcoin. Just replica of Bitcoin. Bitcoin is decentralized while BCH is centralized coin. Bitcoin is more secure than BCH.

Bitcoin and Bitcoin Cash are not the same cryptocurrency. The main advantage of Bitcoin Cash is "fast" transactions. The block size is increased to 8MB. Because of this, the commission remains at the early levels of development of cryptocurrency - up to $ 0.1. It is interesting that the branch from Bitcoin was supported by the Chinese-miners, as well as the heads of large companies.

Bitcoin Cash exists because of hard fork, with hard fork developers agreeing that it will change all systems of the first coin (in this case we call bitcoin). Usually hard fork happens because of the number of new users who come, to cause slowness of the coin, then to overcome it developers will take another step to make the coin is still support the number of users.

If you want to buy the first ico you have to see if ico is there its market. If there is already a market means ico is already running.
Both may be in terms of market prices, not when we buy high prices and time to sell cheap price.
Third, you also must be good at choosing the project where the purchase, not to fail the project later ico is not sold.

I prefer bitcoin, bitcoin is the spear of all coins and without bitcoin the world of crypto will not be popular until now.
And for my investment problem more favor bitcoin.

Not difference
Bitcoincash  is  bitcoin fork
difference only about user community, price and volume transaction
and then about trust

There are really not many differences, but they are and this is the main thing. Bitcoincash commissions for transactions are less. And the speed of transactions is faster than bitcoin

Obviously the main difference is the block size. Bitcoin is still stuck with 1 MB max size per block, while Bitcoin Cash has the same capped at 8 MB. And they are planning to increase this to 32 MB.

Both bitcoin and bitcoincash are in the same way so there is no big difference in this the investors are the decision makers , before investment make some decision for holding long time.

if I choose bitcoin, because bitcoin can make people believe that bitcoin can make money and bitcoin can make people get rich

Nailed it, it's not the solution to increase the block size for scaling issues your just going to make a coin more centralized controlled by small group of people who can load that kind of block size, bitcoin is the original, BCH pretends to be the one claiming that they are the real bitcoin the fact that it is just a fork from the one and only original bitcoin, supreme adoption is still a thing for bitcoin.

No matter how many forks and clones come out, Bitcoin will remain the king, all these forks are nothing more than alts, bitcoincash has big market cap and hype due to the fact that it is backed by a billionaire who is spending big to market it and attract big volumes, he is presenting it as the real bitcoin which is not correct, i think btc developers should take action against bch for claiming it as btc.

On 15 May 2018, Bitcoin Cash (BCH) is undergoing a hard fork, This guide explains how this coin came into existence, what this fork means, why it is being done, and what the effects it will have.

As you probably already know, Bitcoin Cash (BCH) started its life on 1 August 2017 as a hard fork of Bitcoin (BTC). The idea was to create a new cryptocurrency (BCH) based on the same basic ideas as BTC but with an adjustable maximum block size rather than a fixed (1MB) maximum block size. At that time, it was decided that a maximum block size of 8MB would result in a significant increase in the number of transactions that could be processed by the ledger. The larger block size would also mean that transaction fees would be lower. The first (and still most popular) implementation of the BCH protocol was called Bitcoin ABC; "ABC" stands for Adjustable Blocksize Cap. Before the hard fork happened, two other implementations of the BCH protocol had been completed: Bitcoin Unlimited and Bitcoin XT.

Everyone who held BTC coins at the time of the hard fork (1 August 2017) received an equal number of the new BCH coins. However, this hard fork that is taking place on 15 May 2018 is different in that for users it will look like a soft fork, which means that if you are a holder of BCH, contrary to what you may have heard/read elsewhere, you won't be receiving any new coins.

When BCH hard forks on May 15th, there will be two separate chains, but only the new chain will have any economic value. The old chain will become obsolete and will no longer be accepted by crypto exchanges. However, because the term "hard fork" often suggests that there was some disagreement in the community that could not be resolved, the BCH community is using the term "upgrade" for what will be taking on place on May 15th. And indeed, there will be an upgrade because new features are being added to the protocol.

The May 15th upgrade was first proposed when BCH developers met in London in November 2017 to discuss how to improve the scalability of BCH even further so that it would be better prepared, as a form of payment, for global adoption. There are three main changes:

    ● the maximum block size is being increased from 8MB to 32MB so that more transactions can fit in each block, which leads to more transactions per second (around 224) and even lower transaction fees (since there will be less competition to fit transactions into these larger blocks);
    ● several Bitcoin script operation code (op codes) are being added/reactivated so that we can have the possibility of creating very simple smart contracts; and
    ● the OP_RETURN data carrier size is being increased from 80 bytes to 220 bytes, which allows for tokenization or creation of "colored coins" (kind of like ERC-20 tokens on the Ethereum blockchain) that can be used for tracking real-world assets -- such as gold, real estate, bonds, stocks -- or even virtual assets such as CryptoKitties.

The main change that holders of BCH may notice after the upgrade is that Memo, the decentralized social network built on the BCH blockchain, will probably be updated soon so that it supports messages longer than 75 characters.

Source: https://www.cryptoglobe.com/latest/2018/05/Bitcoin-Cash-BCH-May-15th-Hard-Fork-Everything-You-Need-To-Know/

No comparison.BTC is the king and having strongest community globally and trusted by million of people.Entire crypto world depend upon BTC when BTC goes up all other coins go up and vice versa.BCH is a fork of BTC an altcoin.BTC is original and BCH is copy.

Compared to Bitcoin, Bitcoin Cash added protection adjustments to close these gaps and make the new currency safer for all to use. First, Bitcoin Cash’s technology allows for an increase in the number of blocks. Right now it is 8MB and further increases are possible. Second, Bitcoin Cash has a different transaction signature to verify its distinction from Bitcoin.

Bitcoin Cash will tend to have lower fees when both networks are loaded with transactions, but Bitcoin Cash also doesn't have as much community acceptance, so there are fewer wallets and exchanges supporting it compared to Bitcoin.

I think they are very different. Bitcoin has lots of mining pools, so no one is strong enough and a situation 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 we already have 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.

I think that bitcoincash expects the same fate and the same problems that the bitcoin suffered from which it was copied

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