Review on Bitcoin Cash by Micheal mahri
Bitcoin cash cryptocurrency
Bitcoin cash, also known as Bcash, is paid as a network and operates a cryptocurrency whose main transaction unit is the BCH token. Bitcoin cash is a peer-to-peer e-money for the Internet that requires no reliable central bank or third parties to operate and is completely decentralized. Just like Bitcoin (BTC), Bitcoin Cash is a peer-to-peer cryptocurrency that can be sent directly to anyone anywhere in the world without intermediaries.
The capabilities of payment-based digital currencies, such as this digital currency, are limited due to their fluctuations. However, because of their support, Stable Coins are less likely to have such problems and are usually an alternative to such digital currencies. But on the other hand, fluctuations in this digital currency are an advantage for those who want a currency independent of the value of Fiat currencies.
Pros
- Bitcoin cash has technical differences that make it cheaper to use than Bitcoin. In particular, Bitcoin Bitcoin has a size of 32 MB, while the size of the Bitcoin block is 1 MB.
Cons
- The main technical drawback of larger blocks (where bitcoin cash has larger blocks than bitcoin) is that they are harder for miners to understand, and this can lead to problems such as misdiagnosis of blockchain into multiple branches.
