Every minute, we are making transactions. Sending and receiving funds from other wallets right? all transactions are done in just a seconds(in Bitcoin Cash transactions) .But have you ever wondered how this transactions we've made looks like? Or have you ever asked yourself, is our transactions has appearances in blockchain? well the hint in our article today is already mentioned. It all about how our transactions looks like and how it moved together with the other transactions.
Yesterday, I'm browsing my explorer in noise.cash to find good quality noise. But it ends up stalking noise.cash's profile to find new posts about Bitcoin Cash Network. The facts that noise.cash posts are one of my knowledge source about Bitcoin Cash. So I've found this awesome post of them Another interesting site to see what's happening on Bitcoin Cash and Bitcoin (BTC) networks . And yes, the site is truly interesting if you want to see something mind-blowing things about Bitcoin Cash and Bitcoin.
The Tx Watch- Real Time Blockchain Transactions
According to them, Tx-Watch is a real-time Bitcoin (BTC) and Bitcoin Cash (BCH) transaction visualizer. That means, we can actually seen every transactions made by other users and visualize by different colors and sizes based on the amount of the transactions. Visit the site here.
What's Inside?
Feeling excited? well here are some features of the site that helps us to discover more facts about Bitcoin and Bitcoin Cash. I think this site can help us too to really understand the big different about the Bitcoin Cash and Bitcoin (BTC) when it comes to transactions purposes.
The Visualized Transactions Of Bitcoin Cash and Bitcoin
Here are the visualized transactions made by Bitcoin Cash and Bitcoin users.
Now , these things aren't new to those Bitcoin Cash and Bitcoin experts and enthusiasts obviously. But these are very surprising things to discover for the new in these two cryptocurrency.
As you can see in the photos above, you can see different colors and sizes. Every transactions we've made has different sizes and colors. For you too understand, let's say for example you've sent your Bitcoin Cash balance from read.cash to your Bitcoin.com wallet. That transactions, you have made has its own appearance, has its own color and size. Amazing right? and that transactions can be seen in that site. But obviously we can't see our exact transactions made in there due to the fact that it has the same appearance to other transactions.
Next thing, if you just looking at the bullet-like things in the photos above. You can't understand the meanings of those easily. But don't worry, the site provided the interpretation of them. Check the photo below.
As you can see, every colors has different amounts. Meaning, if you've seen the color yellow in the transactions visualizer, the amount used in that transaction is between $10-$100 interpreted as Meal. If you've seen the color red, that means the transaction amount is $0-1 and interpreted as Micro.
If you noticed the differences between the Bitcoin and Bitcoin Cash transactions, Bitcoin(BTC) has large sizes of transactions and Bitcoin Cash has many Micro transactions. Of course, we all know that Micro transactions is impossible to see in the Bitcoin transactions visualizer. Believe me, you can't see that running in there due to the fact that the supposed to be main transaction amount for Bitcoin Cash is just a fee for Bitcoin(BTC) transaction. Micro transactions is not possible in Bitcoin(BTC).
Differences Of Bitcoin(BTC) and Bitcoin Cash Transactions Fees Shown In Visualizer
This will really helps you to make an conclusion why Bitcoin Cash is better than Bitcoin. How Bitcoin Cash is more purposive and what is the big differences of the two cryptocurrencies.
Check these comparison of them.As you can see, the top fees of BTC transaction is too way expensive than Bitcoin Cash transaction top fee. Maybe you are disappointed due to the low fees made by Bitcoin Cash but dear, this fee can make bigger amount of transactions . Check the photo below.
This screenshot was captured in the same day and time. Look into the numbers of transactions made by Bitcoin. It has only 1,014 with total transaction fee of $17,270.78. But look on to the number of transactions made by Bitcoin Cash. It has 1,243 greater than BTC in just $2.25 fees? this is insane!This how Bitcoin Cash amazing is.
Why BTC fee Is Bigger Than Bitcoin Cash?
Every BTC users are allowed to add their transaction fees to become prioritize by miners. The higher of fees the more prioritized by miners and the faster transaction is. That means, one user can compete to other users in way of paying higher fees in able for them to their transactions faster.
FINAL THOUGHT
I hope this article gave you a clearer explanation what is the big advantage of Bitcoin Cash compared to Bitcoin(BTC). The argument between them is done, this visualizer tells us all. Bitcoin Cash is the real Bitcoin.!
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