Bitcoin Cash: The Cryptosphere's Undisputed New Bitcoin..

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Avatar for MichaelBCH
1 year ago

"Bitcoin Cash felt almost like the fracturing of a religion, Miners had to decide which chain to allocate their efforts toward, exchanges had to decide whether or not to support trading of this newly forked currency, and market participants had to decide whether they had any interest in the new currency and what its fair price should be.”- Henrik Gebbing.

Before the creation of Bitcoin Cash, Bitcoin was no doubts the world's most popular Cryptocurrency, as a matter of fact it was the first ever Cryptocurrency. The decentralized digital asset was created in 2008 by the legendary Satoshi Nakamoto.

Although he remains anonymous,and speculated pseudonymous, his creation of BTC has being regarded as one of the major landmark creation of the human race. It could have been a rug pull, It wasn't.

But, inspite of all this, BTC had evident flaws, it had clear defects and weakness. One of which was its relatively low volume of transaction per second limiting it to a small or practically zero utility for payments.

Something needed to be done, many blockchain participants debated this, and wanted a reformation of the rules, and whenever there was a change of protocols, two paths emerged, and this time around, BTC kept its place, but a new one was born. Make no mistakes about it, Bitcoin Cash it was.


What Exactly Is Bitcoin Cash.?


From the earlier synopsis, Bitcoin Cash is a digital asset that was built on the same blockchain as Bitcoin. The Altcoin which was a "fork" of BTC was officially launched on August 1st, 2017. The brand aims to recreate the original vision of P2P Electronic Cash.

Bitcoin Cash has grown in prominence over the years and, unlike its original source, Bitcoin, is considered the most important cryptocurrency, racking up more and more share holders and investors with each passing hour.


Bitcoin Cash: The Cryptosphere's Undisputed New Bitcoin!


Majority of Cryptocurrency users across the globe feel Bitcoin Cash is the undisputed new Bitcoin, here's why.!

  • Faster Transactions With Zero Fees. With a transaction cost of less than a penny and the potential to process over 100 transactions per second, Bitcoin Cash is a viable payment platform and definitely the new BTC.

  • Increased Scalability Makes It Gold. Bitcoin Cash’s larger blocks allow for a blockchain with increased scalability, resulting in lower fees for users and therefore making it more transactable and Indeed Gold.

  • Decentralized Digital Money. Bitcoin Cash requires no trusted third party, middleman or payment processor, thus purely decentralized.

  • Accessibility. Bitcoin Cash is one of the most popular cryptocurrency in the cryptosphere, if not the most, and can be purchased through most major exchanges. The BCH/USD price is only about $300 per coin, so it’s also more affordable than trying to buy a single BTC, practically making it the undisputed BTC.

Conclusion

Contrary to what critics may say, BCH isn't and was never the underdog rather it was a much needed evolution to the increasingly stagnant BTC.

With a Market Capitalization of over $5.5 billion, Bitcoin Cash is on the rise, and it's rising because of its vision, to encompass the initial ideas of Satoshi on white paper.

BCH is the new BTC, its vast Utility, which BTC doesn't possess is another key factor in its rise to prominence.

It also makes an impact with its rising userbase globally from Europe to Asia, Africa and America, and the recent adoption of it as a wage by Roland Brison has definitely made its mark.

A lot of blockchain users are becoming more and more accustomed to its use in everyday life. A major propaganda to this cause was creation of Club1BCH forum which is also a plus and the more reason BCH is the new BTC. A lot of wonderful activist here , speaking of the likes of@Fexonice1, @alberdioni8406 , and @PVMihalache are real warriors in the game and have immensely contributed to the massive growth of the ever spreading Bitcoin Cash tentacle across the entire cryptosphere.

Make no mistakes about it, Bitcoin Cash is the new undisputed Bitcoin..

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1 year ago

Comments

On my way to achieve 1BCH, it not easy...if its to buy and HODL, I will but I must achieve it

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1 year ago

Have got your back bruh. No worries. Hakuna matata✌🏻

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1 year ago

This was a joy to read. Something about reading praises of something you have adopted. Hahaha. Sentiments, I know.

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1 year ago

Lol. Yeah sentiments at its highest but chillax Bitcoin Cash is destined for greatness

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1 year ago

The zero transaction fee is what's freaking me till today. I love how it's down with taking a noticable dime unlike other currencies that you'd have to consider the expected transaction fee before furthering

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1 year ago

I swear bruh, it freaks me out too. Even Banks, collect crazy transaction fees.. BCH is gold

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1 year ago