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Stalinabad, Tajikistan.
1 Level
152 Review
24 Karma

Review on Bitcoin Cash by Jesmin Akter

Revainrating 4 out of 5

It is one of the most used digital currencies for payment.

BCH itself is a very decentralized, safe description of what Bitcoin is supposed to be today, the world's digital money. This is one of the BTC hardwoods where the community is now utilizing the Bitcoin roadmap, provided by Nakamoto, as a discrepancy.



What I enjoy most about BCH is that in addition to accept numerous paying services or purchases of products from the world, you can use it and buy it in any exchange as well as with bank or fiat cards. In view of the foregoing, the strong performance of this cryptocurrency as an asset for trading this kind of services in general means good liquidity.



Since the last halving of BCH, as the amount of computer equipment for this asset has fallen, there is currently a great deal of discussions. A significant portion of mine has been centralized which can be counterproductive as one mining group can modify network transactions if they are able to occupy more then 50 percent of the group. Bitmain now manages the maximum network rate.



It is the first major division which has won confession. Most of the forks following it received almost insufficient public attention or media attention. I'm not convinced whether there is a genuine use case for BCH other than price speculation with rivalism among his team of founders and expedited Bitcoin's development for skills solutions.

Pros
  • You can use it quite easily.
  • Smooth transactions.
  • Fees are lower than BTC for each transaction.
  • No network congestion due to block creation.
  • A wide variety of wallets are compatible.
  • It is suitable for peer-to-peer payments.
Cons
  • None.

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