One of these problems was the difficulty of extraction for extractors, which had eliminated the economic cost of extraction; on the other hand, each bitcoin transaction took a long time to complete; therefore, bitcoin cash was introduced to solve these problems. Because the Bitcoin network is an open source network, the developers of this network can improve the performance of the network by making changes to the original code.
This update is considered a soft fork or soft branch that does not…
Pros
Improve network performance
Cons
Bitcoin cache is structurally very similar to Bitcoin
One more from the world of cryptocurrency with open source software. It was considered a project and an alternative to Bitcoin, since they have the same vision and mission as an organization; which is to be an electronic cash network; or so they prefer to be called. One of its main characteristics is that it raised the parameter of the maximum size of the blocks, it does not integrate the segwuit transaction scheme. Currently it occupies an important position in the list of the main Exchanges…
Pros
It has very low transaction rates worldwide
Users have testified its stability and security, which leads it to make one of the most viable crypts
It is considered one of the fastest cryptocurrencies, topping the list.
Cons
There are confusions regarding whether it is a continuation of Bitcoin or not, which for many is a fraud strategy.
Its scaling has been originally changed and updated, which has forced developers to mine other cryptos
Bitcoin cash is itself the definition of what Bitcoin should be like today, the world's electronic money, highly decentralized and secure.
It is one of the hard forks of BTC, born as a disagreement by the community currently using the Bitcoin roadmap published by Satoshi Nakamoto.
What I like most about BCH is that you can basically use and acquire it in any exchange as well as with bank or fiat cards, in addition to being accepted by multiple payment services or goods purchases in the real…
Pros
Fees per transaction lower compared to Bitcoin.
Quick transactions.
No congestion in the network due to the increase in block.
It is really easy to use.
Compatible with a large number of physical, desktop and mobile wallets ideal for P2P payments .
Cons
The great weight of each block generates controversies within the BCH community.
Lately it has been in controversy over the centralization of mining.
Bitcoin Cash is a fork of the Bitcoin protocol that improves upon the Bitcoin protocol by increasing the block size which allows more transactions being able to be transacted at a lower fee compared to Bitcoin. The big downside is that the community has clearly chosen to stick with Bitcoin as the true store of value based on hash rate and Bitcoin Cash will not be the primary means of exchange in crypto since the value of the coin is not stable. I would recommend investing in Bitcoin instead of…
This kind of projects in addition to being backed by its big name as Bitcoin cash. It helps a lot to the undecided users in spending time or not since many get carried away by the name in addition to taking the ideas and dimensions of their users to improve their interfaces and platforms. Truly excellent project to employ
Bitcoin Cash is a cryptocurrency similar to Bitcoin which was born on August 1, 2017. It is a fork of Bitcoin, that is to say that the two cryptocurrencies share certain common characteristics but operate on chains different blocks since their separation.
Bitcoin Cash is the result of a community split following the debate on the scalability of Bitcoin, that is to say on how the network must scale up to adapt to user demand. Two parts of the community each had their vision of the thing…
Pros
Inherits Bitcoin's proven monetary properties and robustness
Speed of transactions
Low transaction costs
Support for miners (ViaBTC, Bitmain, Bitcoin.com)
Cons
Bad press with part of the cryptocurrency community
Relative centralization of mining
Aggressive style in development (upgrades every 6 months) and risk-taking
That's a Bitcoin fork introduced by Roger Ver. The BCH community is incredibly toxic as they claim BCH to be a true Bitcoin while attacking the original project for its flaws (low TPS, and so on).
At the same time, there are concerns about whether Bitcoin Cash is decentralized enough, and, let's be honest, price-wise just like many other cryptocurrencies, Bitcoin Cash strongly relies on Bitcoin.
Pros
High TPS, some potential for adoption, available on crypto exchanges, safe
Cons
Toxic community, low adoption, lack of popularity among investors
Bitcoin Cash is a project with rather big ambitions, ultimate goal of which is to push the original Bitcoin from the first place. It’s apparent that Bitcoin Cash has still not gained full acceptance by large parts of the cryptocurrency community. It still sits firmly in second place to its older brother in terms of both price and usage.
BCH comparison with Bitcoin: The major popularizer of the new coin is Roger Ver. He is completely famous person in crypto world. He was one of the first…
Pros
You will be able to exchange funds from virtually anybody in the world. You do not need to transfer the money through a bank account or another merchant. This means that you do not have to spend any amount on fees.
It is focused on becoming the best form of digital cash possible.
Transaction times are faster than Bitcoin.
Transaction fees are cheaper than Bitcoin.
You can transfer BCH without having to provide personal information which can make it safer compared to other payment methods. This means that you do not have to worry about your identity getting stolen.
Bitcoin Cash is focusing on merchant adoption.
Cons
It is highly centralised. This poses a danger that key actors will not operate in the best interests of the BCH community.
The price may fluctuate wildly. The price may be on its all-time high today but tomorrow is going to be a different story. You need to time exactly when you are going to sell to be sure about what you are going to get.
Bitcoin Cash is one of the Bitcoin forks created in order to improve the adoption of Bitcoin. Bitcoin Cash gained a huge following and currently, it is one of the top 5 cryptocurrencies.
The idea behind Bitcoin Cash was to make it create a version of Bitcoin that would be a real mean of payment. Bitcoin Cash has bigger blocks of transactions so the transactions get validated much quicker.
However, there's still no dominant opinion on whether Bitcoin Cash is going to eclipse original…
Pros
Fast transactions
High security
Supported on all huge exchanges
Cons
Concerns of how decentralized Bitcoin Cash
Adoption-wise the project didn't turn out so good as it was supposed
Bitcoin cash is a cryptocurrency which can be used to increase the block size. This will allow processing more transactions every second. The Bitcoin cash is a payment network and a cryptocurrency. In relation to the Bitcoin, the Bitcoin cash is generally classified as a strand, spin-off, a hard fork product, the second version of Bitcoin, a clone, an offshoot or even an altcoin.
The block size has increased from just 1 MB of the Bitcoin to 8 MB of the Bitcoin cash. It has also removed the Seg
Pros
The exchange of funds can be virtually carried out from anywhere and with anyone in the world. There will be no need for transferring the money through any bank account or any private merchant.
Bitcoin cash is that the money can be sent and received immediately. There is also no waiting time unlike with the other methods of transactions.
Cons
The price is prone to fluctuations but there is no saying how much it would fluctuate. The exact time of the fluctuation cannot be predicted as well. And thus the right time to invest cannot be predicted.
Generally, the business owners are advised to stay away from the Bitcoin cash
Tired of the scalability issues and SegWit implementation, a part of the BTC’s community decided to fork out in another direction creating another chain in the blocks and a new altcoin – BCH. It is a peer-to-peer electronic cash system with an increased block size of 32MB and a block time of 10 minutes.
Unlike Bitcoin, BCH adjusts its difficulty every 600seconds or every block instead of once every 2016 blocks. The supply limit is 21 million BCH and currently, a decision has not been made…
Pros
Bitcoin Cash’s main aim was to rectify that through an increase of the block size. Currently, it is 32MB which allows for up to roughly 200 transactions per second depending on the traffic and amount of funds being transferred.
Customizable and network transactions fees is very low.
Emergency Difficulty Adjustment (EDA) & Secure and immutable blockchain
Cons
Bitcoin cash has experienced is being underrated. Because it’s a fork of the Bitcoin network and shares many aspects with it, users regarded it as a fake coin or a copycat. This is quite far away from the truth as this is a real coin that offers advantages that BTC cannot
Bitcoin cash has centralized development (BitcoinABC)
As we move towards the future of digital cash, many people will start to adopt and understand the specifics behind cryptocurrency. As more people start to adopt and research bitcoin cash, they will realize the major advantages of this crypto over bitcoin.
Bitcoin cash already has the name going for it, people just need to understand why bitcoin cash is a much better investment and why it can potentially become mainstream adopted.
This team of developers for Bitcoin Cash implemented an…
Pros
Follows original whitepaper – Bitcoin’s upgrade to Segwit1x and Segwit2x do not follow the original ideas.
Bitcoin name –Bitcoin was the first mover in the cryptocurrency world. It will always be the most known and therefore be the biggest in market cap. This gives bitcoin cash a chance to also become dominant in the sense that it is the better bitcoin.
Bitcoin Cash air dropped – The coin was air dropped to all existing Bitcoin holders. This already put bitcoin cash ahead of most cryptocurrencies because of the amount of bitcoin holders there were.
BCH transactions are cheaper and faster – Increased transaction speeds and reduced fees make bitcoin cash much more favorable over BTC. The chain has increased scalability which means it has a greater chance at becoming globally adopted.
Cons
Fake bitcoin – Many people, especially new investors, see bitcoin cash as a “fake currency” that is just a copied version of bitcoin in an attempt to increase holders profits.
Global acceptance – Currently it is still uncertain if bitcoin cash will become globally adopted. Also, merchants who already accept bitcoin will need to start accepting bitcoin cash and if they do not understand why bitcoin cash differs, they might see it as a fake bitcoin.
BCH bitcoin cash number 4 of the ranking, a fork of bitcoin 2017 to increase the block size of 1 MB to 8 MB but not very useful, the ceo Roger Ver to buy the site bitcoin com not to be confused with bitcoin org and Thursday, November 15 will lead to the creation of a new cryptoactif: Bitcoin Cash SV. This separation against a backdrop of internal warfare between project managers, particularly Roger Ver and Craig Wright,
Cons
problem too much ambiguity le ceo Roger Ver d'acheter le site bitcoin .com and put the novice users in error
Whenever cryptocurrency prices were rising or falling like crazy I was always looking for signals and reasons and it took me a lot of time to go through all the news sites (lot of them are mentioned on great answer by Jon Hoos) and all the many sub-reddits. As a developer and cryptocurrency enthusiast I decided to fix the problem for me and hopefully for others too and developed a social news site similar to HackerNews. Well… There are numerous news sources for cryptocurrency traders and…
Pros
This is a saying referencing drug dealers who would entice new users by giving them something free to experiment with.
Coinbase gives away $10 to both the new user and the one who brings in the new user but only the first time, kid. The idea is that the new user will like their service so much that they will produce more than $20 of profit. This one of the best platform where beginners or experts have a discussion on all kind of latest technologies.
Imagining how to start here? You can just do a normal search and find a good subreddit and get the answer from it or you can also post questions and get your doubts cleared!
Cons
Whenever cryptocurrency prices were rising or falling like crazy I was always looking for signals and reasons and it took me a lot of time to go through all the news sites (lot of them are mentioned on great answer by Jon Hoos) and all the many sub-reddits. As a developer and cryptocurrency enthusiast I decided to fix the problem for me and hopefully for others too and developed a social news site similar to HackerNews. CoinDesk is one of the leading information services company which provides the latest news for any cryptocurrency asset and blockchain technology.
In general i love what they stand for overalls and how they plan to revolutionize transitions within underdeveloped locations. At the same time i am highly disappointed with the lack of hard stops or reminders to send electroneum
Pros
Doing great things via mobile
Phone giving people who were evacuated never bankers the opportunity to participate in
Cons
You need to send a payment ID , burn if you don’t need have the payment Id filed filled out there is no warning and hard stop to advise you that’s your will send your electroneum to no mans land. Afternoon all of this electroneum doesn’t get an alert or message that’s one of theirs coin holders hasn’t sent their coins into no where. The company’s can’t do anything about it and it’s left in the exchange so hand. There should be another process where I can reach of the the head quarters and retrieve my coins form the blockchain.
Bitcoin Cash was launched in August 2017 from a Bitcoin's fork, and has since become one of the product of the most after Bitcoin.
Bitcoin Cash differs from Bitcoin Classic in that it increases the block size from 1 MB to 8 MB. It also removes Segregated Witness (SegWit), a proposed code adjustment designed to free up block space by removing certain parts of the transaction.
For many people, Bitcoin Cash is the answer to all the problems of the original Bitcoin, continuing day after day to…
Pros
- Block size increased from just 1 MB to as much as 8 MB (main difference compared to traditional Bitcoin).
- High transactions number (the aim is that one day Bitcoin Cash can compete with the volume of trade of industry giants such as PayPal and Visa.
- BCH was quickly adopted by investors, and after just 1 year Bitcoin Cash became the fourth cryptocurrency by market capitalization, behind Bitcoin, Ethereum and Ripple.
- a Bitcoin Cash transaction is 99.56% cheaper than an equivalent transaction carried out on the original Bitcoin network.
- Some months ago Roger Ver, Bitcoin.com's Ceo and one of the five founders of Bictoin Foundation, Bitcoin Cash's supporter, in a recent interview with Cointelegraph, described Bitcoin Cash as the "true Bitcoin", stating that in the near future the cryptocurrency will have a market capitalization, a volume of exchange and a larger user basin compared to the older brother.
- Bitcoin Cash although still very young, has already proved to be an extremely strong cryptocurrency.
Cons
- As for Bitcoin Cash fork, many critics are afraid that the computational power required to generate larger blocks will eliminate small miners from the grid, concentrating decision-making power in the hands of huge companies, the only ones who can afford cutting-edge equipment.
- Because Bitcoin Cash is a relatively new cryptocurrency, it is not yet supported by every single exchange platform. However it is supported by the most important exchanges (Coinbase, Bittrex, Kraken, Cex.io, Poloniex, etc..) and also some instant change exchanges (Changelly, ShapeShift, LocalBitcoinCash).
If you share the goals of the cypherpunks while they were theorizing and developing blockchain through the 90's and finally achieving success in 2009 with Bitcoin; if you want to use the most secure, longest chain started by Bitcoin; if you want scaling without centralization; then it doesn't get any better than Bitcoin Cash.
Pros
The real bitcoin blockchain as defined by Satoshi's white paper is the one with the longest chain which is not offloading transactions to centralized layers (Such as centralized Lightning Network). By this definition, the Bitcoin Cash chain is now the longest, and by definition of Satoshi's whitepaper the chain that originates from his "Genesis Block" and becomes the longest chain also becomes the "definitive" bitcoin.
Cons
There is a huge smear campaign from the centralized miners and centralized developers behind bitcoin. The bitcoin community used to be all about decentralization and replacing the current corrupt political and financial systems. Now you see the current state of the bitcoin community when they literally beg and cry out to the government to sue in an attempt to stop bitcoin cash. Sad.