Bitcoin cash (BCH)- A beginner guide via youtube

" some of the information about
bitcoin cash
 (BCH) is gotten from the source 
Youtube from the channel 99 bitcoin
My responsibility is to share 
knowledge
And the idea about 
Bitcoin cash (BCH) "

What is Bitcoin Cash ( BCH) ;

From the website source Wikipedia it is well known and stated that; Bitcoin Cash is known as a cryptocurrency which is known as the fork Bitcoin. Bitcoin Cash is an altcoin that was created in 2017. Wikipedia

The story of bitcoin cash goes deeper than the story of any other cryptocurrency it was referred to as the first test for Bitcoin decentralization. Bitcoin Cash, Bitcoin Gold, and Bitcoin Diamond are refers to the forks of the original bitcoin.

A fork :

A fork can be called an alternate version of an original coin. There are types of forks that are known in the cryptosystems as" soft forks" and "Hard forks. A soft fork is a version that works with both the original version and the alternate version of the coin [ compatible with an original coin ] As a user you can choose which version to run without a lot of concern. While in the other hand Hard forks don't play well with the original version of a coin which means that you need to choose whether to update your software to the alternative version or to stick with the original one. " if the alternative is not accepted by 100 percent of the users then a slot of spills will occur in the network and a new coin will emerge ".

Bitcoin cash (BCH) and other Bitcoin version are the results of suggested updates to the Bitcoin protocol that everyone agree to by everyone. Bitcoin cash is seen as a hard fork of Bitcoin but why was it created?

Bitcoin transactions, don't get confirmed instantly transaction is bundled into blocks in other for transactions to be a concern as confirmed it needs to be included as a part of a blocker transaction known as the blockchain. A new blocker transaction is headed to the blockchain on average about every 10 minutes similarly to any type of digital data heading from bitcoin transactions to a block requires storage space and the maximum capacity for each block transaction is 1 MB 270 transaction every minute means 4.6 transactions for 1 second .

As a result of the skill ability issue, two different camps merged. The first camp was the big blockers camp which was led by Chinese mining giant bitman and Roger Ver they decided to increase the block size " if we increase the block size to 8 MB we will be able to confirm as many as eight times numbers of transactions per second and this will reduce the existing conjection of the network and the future will increase the block size as much as it needed.

As bitcoin achieves further adaption opposing them was the small blockers solution the supporters of this camp need to keep 1 MB block size to enable scalling.

" Bitcoin cash is a hard fork of Bitcoin protocol that created a new coin with a large block size "

You can get to know more about bitcoin cash through the above video.

Reference ;

.99 bitcoin

. Bitcoin.com

. search engine

. buy.bitcoin.com

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