Why to choose Bitcoin-Cash?
In this article i wanna compare with you the BlockChains of Bitcoin, Ethereum, Litecoin, Dogecoin, Dash and last but not least Bitcoin-Cash.
Before going into data, let's make a little premise, the data i watched are a little part of the BlockChains, they are not fully representative of the BlockChains behaviour, but the data i'm gonna show you seems to be concordant with the usual trends.
The data that I submitted to examinations are 15 blocks of the per mentioned asset. I picked the latest blocks at the moment of the data collection.
(The tabs with the data will be available at the end of the article)
One of the main vaunt of Cryptos is the speed of the transactions, that compared to the time needed to send any fiat across the world, is much faster.
Let's see who owns the record!
(Lower - Better)
In this graph you can see that of course chains like Ethereum and Dogecoin have a super low confirmation time due to the recent use of the chains (low confirmation time means high speed).
Bitcoin keeps being the slowest chain in the one represented followed by Bitcoin-Cash, Litecoin and then Dash.
Of course this graph is very approximative because these are average times to confirm a blocks and a block may contain multiple transactions!
Let's see what happens if we compare a hypothetical time to confirm a single transaction in each BlockChain.
(Lower - Better)
In this graph we can literally see which is the most efficient BlockChain in terms of time.
Of course the Ethereum BlockChain is the most efficient in confirming transactions (and also the fastest at creating blocks), but that is of course driven from the recent vogue of DeFi and SmartContracts that are taking place on that specific BlockChain.
On the second place we see, of course, the Bitcoin-Cash BlockChain and then after it in this order Bitcoin, Litecoin and then the latest trend launched by our friendly Elon, the Dogecoin.
The scale on the left represents the milli-seconds needed to confirm a transaction.
In the case of Bitcoin-Cash, an average of 2823 transactions in an average time of 10.1 minutes makes a confirmation time for each transaction of 215 milli seconds!
Another factor, that we should consider in the examination of the BlockChains, is the number of transactions that can be located into a single block.
(Higher - Better)
In this graph you see again that the Bitcoin-Cash BlockChain is on the first place, followed by Bitcoin and all the others are far away below the record average amount of Bitcoin-Cash of 2823 transactions.
Last but not least let's consider the amount of cash that we are gonna spend on average for each transaction that we broadcast.
(Lower - Better)
You may be wondering where are Bitcoin and Dogecoin in this graph. I had to exclude them cause they way too big numbers to put into the graph, their presence would have lowered so much the value referred to the other BlockChains that we couldn't have comment on them.
As lowest in the graph we find Bitcoin-Cash with an average cost of half a cent of a dollar of fee on average, then Dash with 0.9 cents.
At the first place we find Bitcoin with 4.9k cents (49$) and at the second place Dogecoin with 126 cents on average.
As conclusion, if we try not to consider trends coming out cause of memes or cause of vogues, the best coin on all the aspects inspected in this article is Bitcoin-Cash.
You don't have to believe me or anyone, do your own research and you will find that Bitcoin-Cash is the cheapest asset to use, fastest and the most efficient.
When you seek for a bank to open a bank account, you seek for the one who fits the best your needs, why don't you do the same for Cryptos?
What other proofs do you need before starting to use it?
It is way better than any bank and better than other Cryptos!
Bitcoin-cash is waiting for you, but you have to integrate into your daily finances, because you need it more than you think.
Data that i collected from the BlockChains:
(TTM stands for time to mine)
(The numbers below each coin name are the corrispective blocks numbers)
