BCH to take over BTC?

The year was 2017 when rumors sparked about Bitcoin cash taking over the highest cryptocurrency, Bitcoin, after it made its way to the second place for the biggest cryptocurrencies. Though bitcoin cash was created by developers to make changes to bitcoin, it is slowly taking over the cryptocurrency world.

Let's take a look at some of the aspects and differences that might affect the ranking of cryptocurrencies and how BCH can and will replace BTC.

• Faster Transfer

It is estimated that it only takes less than 10 minutes for a Bitcoin cash to be transferred from and to the market and other platforms. It is also reported that BCH can handle more transactions in seconds. The transaction of bitcoin is estimated up to 2500 compared to the 7000 transactions made by bitcoin cash.

• BLOCK SIZE and Younger

The size of Bitcoin cash is 8 mb, which is like almost seven to eight times bigger than the 1 mb size of Bitcoin. Though, I have seen news that say that it already grew up to 32 mb. The larger the block is, the faster and easier transactions are. It will solve the scalability issue. However, it will all depend on the charts, whether more investors will invest in the coin. Reports have said that since the Bitcoin cash is still starting to evolve, the coin is more usable in the market. Since bitcoin was made a year before bitcoin cash is made, the older it gets, the slower the transactions are. And also because, there were way too many investors invested in Bitcoin, compared before that it is not that popular.

• Cheaper Fees

The fees of transaction between BCH is only about $0.20 which is much cheaper compared to $1.31 level of BTC. In that way, cut of money in transactions is not that expensive. Your businesses will do a lot more income when you don't pay that much when it comes to fees.

• The TEAM behind

Since Bitcoin cash is more likely used in many transactions because of the faster experience it gives to the users, glitches are sometimes an issue. Good is to say that the developers of BCH are faster when fixing bugs. It is reported that the team behind bitcoin cash makes solutions faster than most cryptocurrencies.

• Confussion

Though this part is not good for the cryptocurrency world, I find it an asset to bitcoin cash. There were many articles saying that most investors, especially the new ones, get confused between the difference of Bitcoin and Bitcoin cash due to its similarity in the name. And since Bitcoin cash is likely to be invested by the new comers, the rapid growth of BCH is immense. However, even though BCH is a real cryptocurrency, many captioned is as a copy cat. Well, I think that is there problem alone because they don't really do that much of a research.

Since the market is going up and down from time to time, these aspects will either remain or go behind the bush. The cryptocurrency world is still changing the charts so the market will surely get affected suddenly.