Review on Bitcoin Cash by alexander hanje
bitcoin cash
Bitcoin Cash is a digital currency that has introduced itself to the world as "peer-to-peer e-cash", just as it was in the original Bitcoin report.
In other words, bitcoin cash wants to be bitcoin that can be used as money by increasing the speed of transactions.
This digital currency is a subsidiary of Bitcoin and was born on August 1, 2017, after extracting block number 478,559.
The problem of scalability, or the problem of slowing down and increasing transaction fees over time that we see in Bitcoin, can be considered the main driver of a dispute in the Bitcoin community and the creation of this currency.
Bitcoin Cash allows you to process more transactions by increasing the block size, which is limited to 1 MB in Bitcoin.
Pros
- Bitcoin cash has eliminated the possibility of "transaction replacement".
Cons
- It has moved away from its best days
