Coin Dance - Bitcoin Cash and Bitcoin comparison

3 124

The domain cash.coin.dance gives us some really good indicators and comparisons between Bitcoin Cash and Bitcoin. Coin Dance gives us statistics and data from both networks and reveals how much cheaper Bitcoin Cash is in terms of fees.

Bitcoin Cash is way less expensive

Bitcoin is at the time of writing 815,702.00% more expensive than Bitcoin Cash.

$10 fees to transact with Bitcoin while just a tenth of a penny to send a transaction using the Bitcoin Cash network.

Bitcoin Cash fees are close to zero. It is the electronic cash system Satoshi envisioned, nobody can deny that, as Bitcoin is today just a game between investment funds, a few whales, wealthy individuals, and institutions. Bitcoin has no use case with fees of $10 - $20 and it is expected this trend to grow a lot higher in the future.

Meanwhile, with just $0.001 fees, Bitcoin Cash is the real King for retail and merchant adoption. Low fees and transaction speed are giving Bitcoin Cash a strategic advantage. Bitcoin Cash is a currency while Bitcoin is currently not.

Bitcoin Cash is the advanced version of Bitcoin, the electronic peer-to-peer money Satoshi was hoping to create.

Bitcoin Cash is more profitable for miners

Miners that mine Bitcoin Cash earn 2.5% better profit from Bitcoin miners. These values change constantly, however, Bitcoin is rarely ahead in miner profitability statistics.

Profitability will begin rising a lot higher as Bitcoin Cash is actually used and only lately institutions are doing their research on the differences. I expect this profitability to go higher in the short term, in a few months perhaps as all the indicators point to very bullish price action for Bitcoin Cash.

Bitcoin Cash surpassed Bitcoin in daily transactions

Bitcoin Cash is on the rise. With low fees and fast processing of transactions, it slowly becomes the most used network, with too much potential for the upside. This chart explains it all. Bitcoin Cash is now selected by more people to transact than Bitcoin was. It is the top bullish indicator that Bitcoin Cash will enjoy adoption for its use case and millions more will join.

Decentralized mining

We can see from the chart that Bitcoin Cash mining is decentralized as the hash rate is scattered and not centralized in one entity. Jihan Wu is the current owner of BTC.com, but he recently cut-off ties with Bitmain and Antpool after reaching an agreement with Bitmain's co-founder Micree Zhan.

HathorMM is a merge-mining pool that caused some concern as it owned 33% of the hash rate in October 2020, but lately, we see this number declining so there is no concern of concentration of mining.

Explore Coin Dance

The website offers some more statistics and information, and it has been a good source of information for me over the years.

Support the Team

Some of the top names in the cryptocurrency world helped this website with their support and donations. Kraken and Mark De Mesel are two that caught my attention.

Anyone can understand that the future of cryptocurrencies requires organic adoption. As Kim Dotcom explains, this is a competition, and the Coin with the top features will be ahead. No matter if today's Bitcoin Cash price is still low, this means nothing. Bitcoin simply isn't possible to be used while Bitcoin Cash is enjoying increasing adoption. It is the coin of the people as slowly everyone begins to realize which cryptocurrency they will be able to use for their daily needs, purchases, and transactions.

It is clear to most of us that Bitcoin Cash will be victorious. It passed the test of time and has performed as initially expected. I don't hope anymore but without a question, I see that Bitcoin Cash is going to be the winner of this race.

All screenshots are taken from: https://cash.coin.dance/, and Twitter.

Lead Image taken from: Quora

10
$ 12.25
$ 12.23 from @TheRandomRewarder
$ 0.01 from @jaksonhium
$ 0.01 from @lilavancet
Sponsors of Pantera
empty

Comments

That's great,The difference between the fees of Bitcoin And Bitcoin cash is one of the key point between both,The fast tramsection system of Bitcoin Cash will lead BCH to the Moon❤

$ 0.00
3 years ago

It is obvious that there is hype in Bitcoin, but right now those that invested started learning. They bought Bitcoin because it was what they knew about. But as they learn that Bitcoin Cash is better for the use as a currency, they will begin pushing funds into BCH. There are many Bitcoin Cash products for institutions and wealthy investrs and they are traded in big exchanges outside of the crypto world.

I am surprised that Bitcoin Cash hasn't already become second in market cap in this bull run.

$ 0.00
3 years ago

Coin dance nice heading

$ 0.00
3 years ago