Topic: What is the difference between bitcoin and bitcoin cash? - page 2. (Read 391 times)
Bitcoin is the first digital coin ever created and have struggled for so many years to achieved its highest price while Bitcoin Cash is the result of bitcoin fork meaning it is created under Bitcoin itself. Another difference between the two is obviously its price.
bitcoin is the parent of bitcoin cash . bitcoin cash was born because of the fork happen to bitcoin. and now they are saying that bitcoin cash is the new bitcoin.
fork is a upgrade on bitcoin technology behind block in order to have a much more good product faster transaction etc to bitcoin. and as that happen a new genrated coin will produce and it is the bitcoin cash
fork is a upgrade on bitcoin technology behind block in order to have a much more good product faster transaction etc to bitcoin. and as that happen a new genrated coin will produce and it is the bitcoin cash
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?
Actually bitcoin cash is a coin that is generated from the bitcoin fork experiment. In a article I read that hard fork in bloclchain technology mostly results into split in the algorithm chain and that results into two chains , both of the chain are for the coin but one of them will be old and another one will be new .
Same thing happened with the bitcoin fork and that splits made the bitcoin cash and after that we are using bitcoin cash for the earnings as investment like better altcoins with better technology ( Because bitcoin have better technology )
As people have better trsut with the bitcoin so they are also have trust with bitcoin cash like bitcoin and that is the reason that why the price is high of bitcoin cash in comparison of another altcoins .
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?
Theres a big different in this two crypto currency bitcoin cash is just a shell of bitcoin that they have been change some of its feature when you are mining this coin you can mine more than the regular bitcoin. They also said that bitcoin cash is more faster than bitcoin when it comes in mining the coins its because of the block size that they update a few months ago. And also bitcoin cash is just also an altcoin a shell from original bitcoin so they cant be the same forever.
Currency cash is bifurcate of COINS, but the currency cash also has a lot of support, and BCH price is also high, while the currency cash can't be more than the market value of the currency, but the long term, the currency cash should be able to stay in the top 10.
Bitcoin is the small 1 MB block size limit. This makes it painfully slow, as the currency is said to be capable of processing only seven transactions per second. For comparison, Visa can handle 24,000 transactions in the same time. Bitcoin transactions also take 10 minutes to process and have become expensive because of high demand — the average fee is more than $6.
A group of influential miners, developers, and investors were fed up with Bitcoin’s problems and concerned with its ability to scale. On August 1, 2017, they initiated what is known as a hard fork in the Bitcoin blockchain, which resulted in a new currency being born: Bitcoin Cash.
Bitcoin Cash has a block size limit of 8 MB — eight times more than Bitcoin. This allows it to process more transactions per day, speed up processing times, and reduce fees. Transaction fees come in at around $0.20, making them much cheaper when compared to those of its rival. But they will increase once more people start using the currency.
When it comes to speed and price for Bitcoin vs Bitcoin Cash, Bitcoin Cash has an advantage over Bitcoin. It is becoming extremely popular among users and has been increasing in value even since its introduction. But 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.
So in comparing Bitcoin vs Bitcoin Cash, the truth is Bitcoin Cash is not better or worse than Bitcoin. It’s just different. The two can co-exist on the market, along with many other cryptocurrencies including Ripple and Ethereum, to name a few. But the important thing to remember is that despite having similar names, they are two entirely separate currencies.
A group of influential miners, developers, and investors were fed up with Bitcoin’s problems and concerned with its ability to scale. On August 1, 2017, they initiated what is known as a hard fork in the Bitcoin blockchain, which resulted in a new currency being born: Bitcoin Cash.
Bitcoin Cash has a block size limit of 8 MB — eight times more than Bitcoin. This allows it to process more transactions per day, speed up processing times, and reduce fees. Transaction fees come in at around $0.20, making them much cheaper when compared to those of its rival. But they will increase once more people start using the currency.
When it comes to speed and price for Bitcoin vs Bitcoin Cash, Bitcoin Cash has an advantage over Bitcoin. It is becoming extremely popular among users and has been increasing in value even since its introduction. But 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.
So in comparing Bitcoin vs Bitcoin Cash, the truth is Bitcoin Cash is not better or worse than Bitcoin. It’s just different. The two can co-exist on the market, along with many other cryptocurrencies including Ripple and Ethereum, to name a few. But the important thing to remember is that despite having similar names, they are two entirely separate currencies.
For the practical intents and purposes of most users, there is very little difference. However, it is imperative to understand that Bitcoin (BTC) and Bitcoin Cash (BCH) are now two entirely separate currencies. Mistakenly sending BTC to a BCH address, or vice-versa, will frequently result in the loss of those funds. Bitcoin is as different from Bitcoin Cash as Litecoin is from Dogecoin.
It is possible to rescue funds if you have accidentally sent BTC to a BCH address, or vice-versa. If this sounds like you, please contact our support team so we can address your specific situation and try to help you get your funds back: [email protected]
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 has much greater security and stability, as there is more mining support and infrastructure behind it - Bitcoin currently has around 10x more full nodes than Bitcoin Cash, and thus a much more distributed network. But the tradeoff is time: Bitcoin transactions tend to take longer than Bitcoin Cash transactions to be confirmed, and have much higher fees.
It is possible to rescue funds if you have accidentally sent BTC to a BCH address, or vice-versa. If this sounds like you, please contact our support team so we can address your specific situation and try to help you get your funds back: [email protected]
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 has much greater security and stability, as there is more mining support and infrastructure behind it - Bitcoin currently has around 10x more full nodes than Bitcoin Cash, and thus a much more distributed network. But the tradeoff is time: Bitcoin transactions tend to take longer than Bitcoin Cash transactions to be confirmed, and have much higher fees.
bitcoin is digital payment systems and cryptocurrency around the world. and his work without system centralization or administrator. If the bitcoin cash to speed up the verification process with adjustable difficulty levels
The main difference between bitcoin and bitcoin cash is the block size. A block is equivalent to a file storing data on approved transactions, which is uploaded and hooked to the previous file, and makes up the blockchain. Bitcoin's blocks hold 1 megabyte of data, while bitcoin cash holds 8 megabytes.
The only significant differences are Bitcoin cash is a shit coin, that self-claimed to be the 'real' Bitcoin.
Differences between Bitcoin (BTC) and Bitcoin Cash (BCH). For some bitcoin lovers maybe bitcoin cash (BCH) is not as familiar as Bitcoin (BTC). The thing behind the creation of BCH is the slow ability of Bitcoin to process data transactions on a large scale effectively.
Bitcoin is a cryptocurrency in a computer network or rather a blockchain. Recording technology ledger revolutionary is harder to manipulate because bitcoin verification is done by the majority isn't by individual, it is also because bitcoin network who decentralized and scattered around the world.
Differences Bitcoin BTC and Bitcoin Cash BCH 1. Bitcoin (BTC) As we know Bitcoin is a digital payment and cryptocurrency system worldwide, called the first decentralized digital currency because it works without centralization or a single administrator.
2. Bitcoin Cast (BCH) BCH is started by miners and Bitcoin developers who care about the future of cryptocurrentcy. These people disagree about the adoption of separate witness technology by Segwit2x which in fact is a company that runs almost 85% of bitcoin transactions worldwide. Bitcoin Cash has implemented an 8mb block size increase to speed up the verification process with customizable difficulty levels.
Bitcoin is a cryptocurrency in a computer network or rather a blockchain. Recording technology ledger revolutionary is harder to manipulate because bitcoin verification is done by the majority isn't by individual, it is also because bitcoin network who decentralized and scattered around the world.
Differences Bitcoin BTC and Bitcoin Cash BCH 1. Bitcoin (BTC) As we know Bitcoin is a digital payment and cryptocurrency system worldwide, called the first decentralized digital currency because it works without centralization or a single administrator.
2. Bitcoin Cast (BCH) BCH is started by miners and Bitcoin developers who care about the future of cryptocurrentcy. These people disagree about the adoption of separate witness technology by Segwit2x which in fact is a company that runs almost 85% of bitcoin transactions worldwide. Bitcoin Cash has implemented an 8mb block size increase to speed up the verification process with customizable difficulty levels.
The difference about them is Bitcoin is the mother of all currency while bitcoin cash is the fork of bitcoin core. They have different logo and pretty sure they are not compatible as one. because bitcoin cash is controlled my Roger Ver.
owh, of course they are different, although biitcoin cash is a fraction of bitcoin.
1. different symbols. Bitcoin = BTC and Bitcoin Cash = BCC
2. different algorithm code. such as BTC and LTC are not the same.
3. Different prices and values, thus determining the position of both of them.
4. BTC as the standard price of crypto, not bitcoin cash.
1. different symbols. Bitcoin = BTC and Bitcoin Cash = BCC
2. different algorithm code. such as BTC and LTC are not the same.
3. Different prices and values, thus determining the position of both of them.
4. BTC as the standard price of crypto, not bitcoin cash.
when I first saw it, I feel the two of them are the same.
interesting!
the "fork off" of bitcoin cash guys were one of the biggest things in bitcoin world which happened in August. and you signed up on bitcointalk on May so you must have known about the most obvious shitshow of the year.
so i was just wondering how come you missed it and how did you even think they are the same? i honestly want to know because i can get a newcomer seeing their advertisements and seeing Roger Ver lie that it is "the real bitcoin" but not someone who has been around!
Bitcoin is the main cryptocurrency that exists in this world of cryptocurrency. It is mainly in the use of everything. Everything that existed here is because of this guy bitcoin.
While bitcoin cash is the "forked" bitcoin. By means of forked, it is also an altcoin or known as the alternative coins. The forked existed last August 1, 2017.
It’s also a major shitcoin that’s just trying to cash in on the name of BITCOIN at this point with its shills While bitcoin cash is the "forked" bitcoin. By means of forked, it is also an altcoin or known as the alternative coins. The forked existed last August 1, 2017.
BITCOIN is a decentralised peer-to-peer electronic cash system
BCASH is a scam, created at closed door by some individuals to control the whole system
dont forget to give merit if you agree with this
BCASH is a scam, created at closed door by some individuals to control the whole system
dont forget to give merit if you agree with this
Just see it this way. Bitcoin is the father, while Bitcoin Cash is the prodigal son. Some devs in the likes of Roger Ver and Co, decided to pull out in what is called Fork since they really do not believe in the idea of segwit (so I think) and they instead preferred a bigger block size. To me, I do not think bigger block size is the solution to scaling anyway, but I guess future will tell, if it did not already prove that with Ethereum and CryptoKittens saga.
This is a very cool and bright comparison. Yes, Bitcoin has many children, its forks. One of these forks is called Bitcoin Cash. It is faster and some Bitcoin Cash lovers call it real Bitcoin. But this is not true. Nothing will replace BTC.
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.
BCC isn’t the first fork of BITCOIN though, LTC and subsequently DOGE both were forks before BCC Bitcoin cash is a version of Bitcoin's expansion, but most of it is in the hands of miners.
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 the first crypto currency created by satoshi to help people to get independent of banks to send money.It is decentralized.But bitcoin cash was created by a hard fork and roger ver is responsible or its creation.It is fully centralized.Roger ver tried his best to pump bitcoin cash and replace bitcoin.But he failed in his historical pumping attempt.Since it is a forked coin from bitcoin,it has huge marketcap next to bitcoin otherwise it would have been left unnoticed. 
Bitcoin cash is fork of original bitcoin, with some changes in code what gives to icrease block size to 2 4 8 16mb for adding more transactions to block
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