How does the size of Bitcoin Cash’s block make a difference? 🤔🤔🤔 Bitcoin Cash has larger blocks in its blockchain. This means it has a larger transaction space which very rarely gets congested. At the moment, Bitcoin Cash has fewer users than Bitcoin so the electronic coins can be sent and received faster and for a significantly lower transaction fee. This makes Bitcoin Cash a simpler alternative to Bitcoin, which was essentially the aim of the hardfork. The creators of Bitcoin Cash wanted to get as many people as possible using the electronic cash as a daily payment mechanism and they will achieve this eventually because the Bcash transaction fees are minimal. At the same time, the significantly lower transaction fee should not put miners off mining Bitcoin Cash. In fact, they benefit from the software upgrade because they can process more Bcash transactions in the time they would process Bitcoin transactions...... #Club1Bch
1 comment
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