Bitcoin's value skyrocketed in 2017. It was too much for the network, and people began to complain about longer transaction times. As a result, its utility as a way to use items in everyday life was minimal.
There are many options available. One group, primarily composed of Bitcoin miners and supporters such as Roger Ver, believed that the block size from one megabyte to eight megabytes was the answer. The idea was that by doing so, more transactions could be processed per block, which would help to speed things up.
Others, however, believed that the larger block size would mean poorer defence, so this party lost the debate. Instead, they chose a hard fork, and Bitcoin Cash was born, complete with its own blockchain and larger block size. However, the scalability controversy did not stop there.
Another big upgrade occurred in May 2018, with the block size being increased to 38 megabytes. The Bitcoin Cash network underwent a hard fork in November 2018, resulting in the development of Bitcoin SV. So, what's the difference between them? Bitcoin and Bitcoin Cash, including pancakes and waffles, have a lot of the same ingredients, yet they vary in a few main ways.
But the real distinction between the two is philosophical rather than technological. Censorship resistance, decentralization, permission lessness, and trustlessness are all priorities for the Bitcoin group. User mass acceptance of Bitcoin, according to the Bitcoin Cash forum, takes precedence over decentralization.
