Review on Bitcoin Cash by David sovel
bch
bitcoin cash, abbreviated BCH (or BCC), is the hard fork version of the original Bitcoin. This digital currency is similar to the Bitcoin digital currency currency in cases such as the Protocol Protocol Proof through Work, the Maximum Supply (21 million coin), and the time and reward of each block. However, there is a big difference between two things and Bitcoin, one is the size of the blocks and the other is the timing of the network. The size of each block on the Bitcoin network is 1 MB, which has increased to 8 MB on the Bitcoin Cash network. In addition, the difficulty of the Bitcoin network after mining or mining is determined and adjusted once every 2016 block, while this time for the Bitcoin cash network is once every 6 blocks.
Pros
- When the size of the blocks in a network is larger, more transactions can be placed in it and their confirmation or configuration speed will be higher. Therefore, the number of speeds and the number of transactions in the Bitcoin cash network is higher than Bitcoin.
Cons
- I did not find.
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Comments (1)
August 13, 2020
also if you follow the BCH prices you see it's on the move, so i think now it's right time to invest on bch currency.
your review says bch has advantage (compare to bitcoin) , yes bitcoin just the first currency, but BCH too faster than btc
