About Bitcoin Cash

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Avatar for Lakzos
Written by
4 years ago

Hello everyone, I am happy to join a platform that deals with Bitcoin Cash. I have known about bitcoin cash since the year 2017 that it is a cryptocurrency which has its own blockchain just like the bitcoin. The difference between the two is the price. Bitcoin is very expensive to buy and its transfer fees while the bitcoin cash has a low price, taking into account its very cheap transfer fees.

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Welcome. There are many more differences. Bitcoin Cash can process 32 MB blocks (i.e. many more transactions per second than BTC). On the Bitcoin Cash blockchain you can issue SLP Token. The level of difficulty of Bitcoin Cash adjusts immediately and not after 2 weeks as with BTC. With Bitcoin Cash, you cannot reverse transactions as with BTC (no RBF). Bitcoin Cash is technically superior to BTC. The price difference is actually the least important.

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4 years ago