I have presented this article in Bengali. Those who do not understand English will definitely check out my article in Bengali.

This article is in #Bengali version.

https://read.cash/@Akash./bitkzen-ngd-kee-ebng-bitkzen-ngd-karzkarita-8062af5e

What is Bitcoin Cash (#BCH)?

Bitcoin Cash (#BCH) is a cryptocurrency that seeks to offer an alternative to Bitcoin (XBT), the world's oldest and most widely traded cryptocurrency.

Launched in to 2017, #BCH was created by Bitcoin users who disgraced with The Roadmap Proposed by The Project's mine developing group, Bitcoin Core and who Believe That different technological decisions grow needed Bitcoin is the World.

Proponents of #BCH believe that Bitcoin needs to make the necessary changes to make it competitive with traditional payment systems such as Visa and PayPal. They also suggested reducing the fees users pay for sending transactions rather than transferring these costs to other parts of the network.

To this end, #BCH has revised the Bitcoin code and released a new software version with features that are no longer compatible with Bitcoin. So many launches, it effectively splits bitcoin into 2 blockchains (bitcoin and bitcoin cash) and 2 separate assets ( XBT and BCH ).

This means that other users who owned XBT can automatically claim an equal balance of two when two blockchains are separated.

Since then, #BCH has been quick to add new features, increasing the amount Of data It can Go To the Store. Yes block 32 MB. (Bitcoin is different from a completely different system for calculating its transaction data).

Bitcoin has borrowed features from other cryptocurrencies, including functionality from cash, which enables users to introduce new types of tokens into its blockchain.

Who created BCH?

The introduction of #BCH can be traced back to a group of businesses and developers who, tired of fighting a network rule, decided to write and publish the code that changed it.

Bitcoin ABC, also known as #BCH, was first released in June 2017. It was finally tested before it was published on August 1, 2017.

But Developers weren't just involved in creating thorns. Partitioning requirements users in create a new blockchain from the old blockchain, The mining business needs to dedicate enough computing power to create the first block in the new #BCH blockchain.

What is the difference between Bitcoin and Bitcoin Cash?

Bitcoin and #BCH are the most drastic suspensions in the approach to an overall design philosophy.

#BCH developers general sey consumer payments as more necessary to raise The value Of #BCH In the short term, and so users are more inclined to spend it online.

The most notable feature of Bitcoin Cash 2 is that blocks in its blockchain can be larger, taking it to process more transactions as time is added. The extra space enables users to avoid The fees used In Bitcoin to set Priorities during heavy demand.

This means that #BCH users may have difficulty downloading their own copy of the blockchain.This record can be more expensive to store and monitor as the blocks get bigger.

#BCH users need to upgrade their software more frequently and take more care while doing so. Since the developers of #BCH features at a fast rate adds and changes, so is more likely to be rejected by the network.

Meanwhile, this more aggressive attitude towards upgrades has split Bitcoin Cash and #BCH and Bitcoin SV into two networks.

Why the price of BCS?

Proponents of #BCH Believe that by focusing on making It's transactions chip, consumers will begin sucking for online transactions, making it more valuable.

Bitcoin Retention with number of features Same Bitcoin with including in security. It includes the rule that only 21 million #BCH Can be created,and the amount of new #BCH Introduced with the network 2 determined to decline over time (with Events).

As of The end of 2019, about 16.1 million #BCH was in circulation, with 12.5 #BCH being introduced with each block. In 2020 this number will decline to 6.25 #BCH.

Looking so much similarity of bitcoin and bitcoin cash, traders will say it is a hedge that reduces their risk. As Bitcoin's roadmap limits It's adoption or makes Its Technology less Valuable.

What is the future of BCH?

Like most cryptocurrencies, Bitcoin Cash remains a test.

So, Depending and How #BCH Market develops, we Can learn lessons about cryptocurrency networks between observing the differences between Bitcoin and #BCH.

As of 2020, some of the most important questions facing Bitcoin cash include:

Can #BCH Continue to subsidize Chip transactions for users? And will be fees be needed as the rewards available to miner continue to decline?

Will locating multiple development teams #BCH feature secure? Or will lead is just competition costly bugs and software bugs?

Will More Frequent Upgrade Improve #BCH Features? Or pays the bills for my network divisions in Create, my alternative cryptocurrencies in Create?

Would users prefer to buy and hold XBT as an alternative to gold and hard money? And favorite is to buy and spend #BCH as an alternative to Venom or PayPal.

No way, traders are looking so many charts that how this costing will or unsaid.