Topic: What is the difference between bitcoin and bitcoin cash? (Read 391 times)
You can make money on investments! And decent money, My earnings is about 20 percent of the contribution
You can make money on investments! And decent money, My earnings is about 20 percent of the contribution
Well, there is not much difference, but they are two completely separate currencies. BTC is much more saturated, but with higher fees and Bitcoin Cash will tend to have lower fees when both networks are loaded with transactions, but also doesn't have as much community acceptance, so there are fewer wallets and exchanges supporting it compared to Bitcoin.
This link explains more in depth the difference:
bit.ly/BTCvsBCH
Hope this helps!
This link explains more in depth the difference:
bit.ly/BTCvsBCH
Hope this helps!
With the good Bitcoin market, there are a variety of digital currencies, one of which is called bitcoin cash, we will always be confused, in fact, when I first saw it, I feel the two of them are the same. Do you think they are the same? Can someone give me a professional explanation of what makes them different?
Differences Bitcoin BTC and Bitcoin Cash BCH - For some bitcoin activators cryptocurrentcy bitcoin cash (BCH) may not be as Bitcoin (BTC). the thing behind the formation of BCH is the slow ability of Bitcoin to process data transactions on a large scale effectively. With the good Bitcoin market, there are a variety of digital currencies, one of which is called bitcoin cash, we will always be confused, in fact, when I first saw it, I feel the two of them are the same. Do you think they are the same? Can someone give me a professional explanation of what makes them different?
Differences Bitcoin BTC and Bitcoin Cash BCH - For some bitcoin activators cryptocurrentcy bitcoin cash (BCH) may not be as Bitcoin (BTC). the thing behind the formation of BCH is the slow ability of Bitcoin to process data transactions on a large scale effectively. With the good Bitcoin market, there are a variety of digital currencies, one of which is called bitcoin cash, we will always be confused, in fact, when I first saw it, I feel the two of them are the same. Do you think they are the same? Can someone give me a professional explanation of what makes them different?
Bitcoin is ranked among the top paid currencies in the virtual currency industry, with Bitcoin as a vital daily place, where Bitcoin is not acceptable. get the profits in the business and ban it as a violation of law, my country also forbidden Bitcoin but still many participants
Confusing in names, in my opinion, gives Bitcoin cash more of original bitcoin charisma and a marketability.
Besides, it just provides an alternative solution to a scaling issue. Bitcoin cash seems to be less volatile, with cheaper fees and little time of transaction processing. This solution is backed with 8 MB block size. Appeared as a fork of Bitcoin, it is now promoted as a separate altcoin, like it or not.
Besides, it just provides an alternative solution to a scaling issue. Bitcoin cash seems to be less volatile, with cheaper fees and little time of transaction processing. This solution is backed with 8 MB block size. Appeared as a fork of Bitcoin, it is now promoted as a separate altcoin, like it or not.
Bitcoin is the original one cryptocurrency but slow at processing transactions while Bitcoin Cash is an offset of Bitcoin but slightly more practical than the latter for it's primary focus is to provide faster payments to anyone in the world.
BCC has been invented as a result of folk of Bitcoin. But basically they are acting as two different coins in the market. Thats the fact their behavior is not similar as they have same type of names 
Hi,
It is actually difficult to explain the difference simply... Bitcoin cash has been created after a fork, so for some it is the only "true" version of bitcoin. Mainly because they had invested before the fork and thus got some for almost free.
Bith are cryptos, both can be used for disruptive investment and both should be rather thought as long-term assets. For me, that's the most important!
It is actually difficult to explain the difference simply... Bitcoin cash has been created after a fork, so for some it is the only "true" version of bitcoin. Mainly because they had invested before the fork and thus got some for almost free.
Bith are cryptos, both can be used for disruptive investment and both should be rather thought as long-term assets. For me, that's the most important!
Bitcoin is the original coin. The Adam in the paradise, then Eve was created from a piece of Adam, which was called Bitcoin Cash. Now, these scammers are calling Eve the original coin, but Eve was not created first, so she will never be the original coin.
So Bitcoin Cash or BCash or BTrash or BCrash, will always be seen as a scammer in paradise. ^lol^
So Bitcoin Cash or BCash or BTrash or BCrash, will always be seen as a scammer in paradise. ^lol^
LoL so you mean is a bad guys in main story of bitcoin world here? Its funny to read your story about good and bad. As far as i understand bitcoin cash was created as a answer of a fastest transaction in a way of using a bigger blocks thats how i understand correct me if im wrong.
The initial version was created by satoshi nakamoto, yes. They became inactive and many developers have come and gone. Developers used to largely be the open source developers that were passionate about Bitcoin. Bitcoin Core (the one there was before the fork) is largely funded by a company called Blockstream.
Bitcoin is, like any open source project, ongoing and constantly being improved. Just because a project has well defined code doesn't mean it can't be improved. Hard forks like this have happened in the past, however they were less contentious and didn't create separate currencies like this.
The 1mb blocks of Core are almost always full with 100k+ transactions always waiting to be added to a block and fees being upwards of $5 right now to send any amount of money. A large group of Bitcoin supports wanted a block size increase to handle this, some wanted SegWit, and some wanted both (albeit with a lower block size increase). The block size increase obviously solves both the throughput and fee issue without being complicated, SegWit solves it by allowing transactions to be done off chain and SegWit transactions taking less space. The combination obviously does both.
Bitcoin is, like any open source project, ongoing and constantly being improved. Just because a project has well defined code doesn't mean it can't be improved. Hard forks like this have happened in the past, however they were less contentious and didn't create separate currencies like this.
The 1mb blocks of Core are almost always full with 100k+ transactions always waiting to be added to a block and fees being upwards of $5 right now to send any amount of money. A large group of Bitcoin supports wanted a block size increase to handle this, some wanted SegWit, and some wanted both (albeit with a lower block size increase). The block size increase obviously solves both the throughput and fee issue without being complicated, SegWit solves it by allowing transactions to be done off chain and SegWit transactions taking less space. The combination obviously does both.
Bitcoin is the original coin. The Adam in the paradise, then Eve was created from a piece of Adam, which was called Bitcoin Cash. Now, these scammers are calling Eve the original coin, but Eve was not created first, so she will never be the original coin.
So Bitcoin Cash or BCash or BTrash or BCrash, will always be seen as a scammer in paradise. ^lol^
So Bitcoin Cash or BCash or BTrash or BCrash, will always be seen as a scammer in paradise. ^lol^
Bitcoin cash is a fork of bitcoin, which had be completed on August 1, 2017, the first fork.
Bitcoin cash is a version of Bitcoin's expansion, but most of it is in the hands of miners.
Bitcoin cash is a version of Bitcoin's expansion, but most of it is in the hands of miners.
I was wondering what the difference were. So it basically is more miner friendly. Now I have to find out why that is so.
Bitcoin has much greater security and stability, as there is more mining support and infrastructure behind it. While Bitcoin Cash will tend to have lower fees, but Bitcoin Cash also doesn't have as much community acceptance, so there are fewer wallets and exchanges supporting it compared to Bitcoin.
Bitcoin Cash was created as a solution to the long-awaiting debate in the Bitcoin community in regards to the Bitcoin scalability issue. The Bitcoin Cash proposes incorporates the simple solution. While the block size limit of Bitcoin stands at one megabyte, Bitcoin Cash has pushed the limit to 8 megabytes. This allows for a greater number of transactions processing perBut like Bitcoin, it has its share of problems. The increased block size could have a centralizing effect and reduce the attack resistance of the network. Bitcoin hasn’t been around for long, so we’ll have to wait until it sees more daily transactions to find out if that will actually happen.
Ahh thanks for the answer. Yes the centralizing effect and reduced attack resistance imo isnt an acceptable compromise IMO. Especially with the coming of Quantum Computers!!! But guess we will see which one will succeed, since it is all down to adoption. BTC definately would need to innovate quickly to catch up in terms of transaction speed and especially cost if it is to stay on the iron throne IMO, with the stiffening competitions, especially vs. LTC (also another simple coins that aims to function simply as a currency, w/o all that ICOs and alt features).
BCC seem to have a well coordinated dev team behind it now I believe. I wonder how is it for BTC in this regard? I guess with its popularity, the number of ppl working on BTC improvement should easily be bigger? But I guess for those who have a stake in BTC (holders and miners) to come to a consesus would also be a lot trickier, or so I have read. At least nothing is rushed, hopefully.
The only significant differences are Bitcoin cash is a shit coin, that self-claimed to be the 'real' Bitcoin.
BTC is way better than a shit coin, BCH is a trap and if you want to loss your money then invest on it. Always study the coin that you want to buy because not all high in value offers great services behind a great team and the best example is the BCH. BCH is controlled by its people and its too risky cause they can manipulate the price of it and you will ended up losing the money.
Bitcoin Cash was created as a solution to the long-awaiting debate in the Bitcoin community in regards to the Bitcoin scalability issue. The Bitcoin Cash proposes incorporates the simple solution. While the block size limit of Bitcoin stands at one megabyte, Bitcoin Cash has pushed the limit to 8 megabytes. This allows for a greater number of transactions processing perBut like Bitcoin, it has its share of problems. The increased block size could have a centralizing effect and reduce the attack resistance of the network. Bitcoin hasn’t been around for long, so we’ll have to wait until it sees more daily transactions to find out if that will actually happen.
Noob question, so why is increasing the block size that BCC have done not the way to go? Considering that it have improved transaction speed and reduces costs?
I saw BCC being whale-pumped a while ago, and XRP too, and I have dumped them for more NEO, XLM and ADA, as I could not find any logical reasons why BCC should increase that sharply over the other coins. Expecting a similar whale-dump anytime once the required trade volume at the new price have been reached plus perhaps if its further pumped by FOMO.
I saw BCC being whale-pumped a while ago, and XRP too, and I have dumped them for more NEO, XLM and ADA, as I could not find any logical reasons why BCC should increase that sharply over the other coins. Expecting a similar whale-dump anytime once the required trade volume at the new price have been reached plus perhaps if its further pumped by FOMO.
Bitcoin (BTC) is bitcoin while Bitcoin Cash (BCH) is altcoin.
With the good Bitcoin market, there are a variety of digital currencies, one of which is called bitcoin cash, we will always be confused, in fact, when I first saw it, I feel the two of them are the same. Do you think they are the same? Can someone give me a professional explanation of what makes them different?
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