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Review on Bitcoin Cash by Ana A
BitCoin Cash
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, and it has improved and innovated the decentralized and digital market. It was originated by a fork of Bitcoin Cash
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
