Why Bitcoin Cash bch Is The Best Crypto Currency.

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Avatar for LiquidOcelotYT
1 year ago

Introduction

Well, everyone in this Crypto space knows that the whole idea of cryptocurrencies was the birth of bitcoin. Now many are even saying that the golden days of bitcoin have been long gone and BTC doesn't hold that much potential and future use case value as many other coins are having like ETH ( Ethereum ) and BCH or Bitcoin Cash. Still why? All whales go for this coin as an investment even though there's not much special thing about it. So what's so special about Bitcoin Cash? What makes people invest in BCH when they have better options like BTC, ETH, XRP, etc? We'll find out!

Why Bitcoin Cash May Be The Best Crypto Currency

Bitcoin Cash has a fixed supply of 21 million coins, can process transactions much faster than Bitcoin, and has lower transaction fees than Bitcoin. The consensus mechanism for Bitcoin Cash is also different from Bitcoin in that it uses Proof-of-Work (PoW) versus Proof-of-Work (PoW). PoW makes it so that there are no conflicts when two miners solve a block at the same time because they both have to compete to solve it first. It’s hard to say which one will win, so the solution is to work on solving blocks simultaneously. It’s important that all nodes agree on what happens with a block before any transactions take place in order to prevent double-spending. If you get into a situation where you have one node working on Block A while another node works on Block B and each thinks they solved the problem, this will cause problems with every transaction because people won’t know which version of reality they should be following. That’s why BitcoinCash fixes this problem by using what is called block size or block weight.

Why I Invested in Bitcoin Cash BCH

I have been investing in Bitcoin Cash BCH for a while now because I believe that it will become the new global medium of exchange and store of wealth, just like gold has been for thousands of years. Bitcoin Cash BCH has seen its value skyrocket and it's only getting started as more people learn about this coin. There are many reasons to invest in Bitcoin Cash BCH but here are my top 3: 1) It's the most innovative blockchain 2) It solves scaling issues which is important if you want to be able to process transactions quickly and cheaply 3) There are no transaction fees so you don't have to worry about paying a fee every time you send or receive money.

My Personal Experience Investing in Bitcoin Cash BCH

Bitcoin Cash was one of my first investments in cryptocurrency, and it has been great so far! It's a bit more volatile than Bitcoin and Ethereum, but I've found that it has grown in value faster than any of them. With more people using Bitcoin Cash around the world, I'm confident that it will only become more valuable over time as long as there are enough exchanges where I can easily buy, sell or trade this cryptocurrency for fiat money or other cryptocurrencies. I recommend doing your research on different exchanges to see which ones support Bitcoin Cash BCH because they each have their pros and cons - some offer better exchange rates while others have lower transaction fees, and vice versa.

One way to do research is to look at reviews from existing users to see how well the platform functions before you start trading with it yourself. Once you find an exchange that suits your needs, all you need to do is create an account with it and make a deposit by linking your bank account or credit card to get started trading today!

Useful Links To Learn About

Learn about Bitcoin Cash on Bitcoin Cash's official website https://bitcoincash.org/

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$ 5.00 from @XingmeiLiao
Avatar for LiquidOcelotYT
1 year ago

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