Clear difference between Bitcoin cash and Bitcoin.

11 116

Lead image: designed using canva

How fast is Bitcoin cash to Bitcoin?

Bitcoin.

Transactions using Bitcoin takes long, most times it takes hours to be confirmed on the Blockchain and some times it takes days which doesn't meet the demand for instant transactions and payment for people.

Bitcoin cash (BCH).

Transactions using Bitcoin cash is extremely fast and takes minutes to be confirmed on the Blockchain by miner's,it meets the demand for instant transactions and payment, over 100 transactions can be done in seconds compared to Bitcoin which is reduced from 3-7 transactions per second.

What is the cost of sending?

Bitcoin.

The cost of transactions fees using Bitcoin is fluctuating (rising and falling in numbers and not stable) and it costs between $5-$50 per transactions which wouldn't meet the demand of casual spending and micro-transactions.

Bitcoin cash.

Transaction fees are at a fraction of a cent , causal spending and micro-transactions transactions can be done with Bitcoin cash and higher transactions can be performed with it and the transactions fees remains under $0.01.

Wide adoption.

Bitcoin cash is widely accepted by more than 200,000 merchants in the world due to its low transactions fees that costs less than a fraction of a cent which meets the demand of people.

Bitcoin takes hours for confirmation and most times it takes days and with a high transaction fees which would be unbearable for merchants to add as a payment method for their business.

What benefits do you get from Bitcoin cash?

  • Transact globally.

  • Peer to peer transactions (No middleman)

  • No accounts can be frozen.

  • Secure transactions on the Blockchain.

  • No KYC needed.

  • User privacy.

Bitcoin cash has the highest potential we can find in a cryptocurrency which meets the demands of individual, it is currently undervalued but would soon take the world to another great level.

Bitcoin cash which is the digital equivalent to cash is one of it's kind that is similar to Bitcoin but with some adjustments which makes it far more better than Bitcoin.

The global transactions made with Bitcoin cash is rising every day and now in the transactions market Bitcoin cash has the highest amount of transactions made per year which is more than 3 trillion transactions made.

Bitcoin cash is here for good to change the world and for this to be accomplished we all need to work hand in hand to fulfill it by onboarding merchants in our community, remember we are all Satoshi, let's play our part to support the growth of Bitcoin cash in our community.

There's a clear difference between Bitcoin and Bitcoin cash, Bitcoin cash is the world's fast growing cryptocurrency which is widely accepted as it has so many features which is needed for daily transactions and a user privacy.

Closing thought.

The digital world has been looking for a cryptocurrency which can meet the demands of every individual in the world now here we have Bitcoin cash here to change the world for better.

With the recent increase in the adoption of merchants who accept Bitcoin cash as a mode of payment for their business in years to come everyone would be able to buy foodstuffs and everything they need with Bitcoin cash without needing to convert their Bitcoin cash to fiat.

Sponsors of Amazing-grace
empty
empty

Meet my awesome sponsors ❀️😊.

Happy Easter to everyone here,I wish you all are having a great time this weekend with your loved ones, it's a season of fun,take some time to be with your loved ones.

Oh I almost forgot I clocked six months here yesterday, thanks to everyone for your support it means a lot to me....have a good weekend πŸ’šπŸ€©πŸ€ž.

19
$ 7.71
$ 7.34 from @TheRandomRewarder
$ 0.15 from @Pantera
$ 0.06 from @Tomi-Ajax
+ 6
Sponsors of Amazing-grace
empty
empty

Comments

I had no idea there's also Bitcoin aside from Bitcoin Cash but I agree with you. Base in your descriptions about Bitcoin, Bitcoin Cash is much better than it.

$ 0.00
2 years ago

When I was still a newbie in the crypto world, I got confuse a lot with BCH and BTC. because they have similar name hehe. I should be extra careful I might interchange them.

$ 0.03
2 years ago

Sure. There is a glaring big differences between the two especially in the gas fee you spoke about, that one is enough to show people how great BCH is

$ 0.02
2 years ago

You're right, there's a difference between the both of them, according to the whitepaper Bitcoin cash is the real Bitcoin.

$ 0.00
2 years ago

BitCoinCash is just the best, what I enjoy most is the transaction speed and low gas fee.. I believe BCH can do better than BTC its just price difference

$ 0.02
2 years ago

Bitcoin as a name is not what BTC stands for. Bitcoin took two different paths in 2017. One Bitcoin was BTC that get to keep the brand. The other one was BCH, Bitcoin Cash which upgraded the code and proceeds as a digital currency. This was always the purpose of Bitcoin and digital cash.

Meanwhile, it was just a handful of the market players that decided Bitcoin as a brand was going to remain with the side of Blockstream. Bitcoin Cash is the most relevant version of Bitcoin in terms of what the whitepaper describes, and what the vision of the early adopters and its community was about.

The reasons Bitcoin as a brand name and logo was hijacked by Blockstream, were a behind doors agreement with miners and vast censorship in the top platforms that were used for Bitcoin discussions (bitcointalk, and r/bitcoin).

Sometimes a brand name may mean one thing, but the reality is too far from what the mainstream presents.

$ 0.16
2 years ago

Bitcoincash is just a replacement for Bitcoin it self since Bitcoin could not achieve the aim of Satoshi then it is just a stepping stone for Bitcoincash.

$ 0.00
2 years ago

But now, bitcoin has even gone more varia them bitcoincash, it will take a lot of time before BCH can meet up to BTC

$ 0.00
2 years ago

You're right, Bitcoin isn't what it stands for because it was divided into exclusive paths in 2017 which you have said above, in line with the whitepaper Bitcoin cash is the actual Bitcoin earlier before it was hijacked by blockstream.

$ 0.05
2 years ago

BCH has more valuables advantages over Bitcoin. With the adoption of BCH as payment of salary in some industries it’s a very great advantage for more people to know how valuable it is (BCH)

$ 0.03
2 years ago

You're right... Bitcoin cash has so many advantages compared to Bitcoin in terms of transaction fees which are at a fraction of a cent for sending,the rate of adoption is increasing daily which is making it the world leading cryptocurrency.

$ 0.00
2 years ago