Crypto currencies are gaining new levels of popularity these days. Its just a bit more than 10 years since the crypto currencies were evolved. As an easy reach compare to stocks, cryptos are making record level of market caps and recognition.
Amongst these bitcoin and bitcoin cash are the most popular ones. Bitcoin cash evolved in 2017 and significantly got importance and improvements since then.
Here is a short comparison of Bitcoin and Bitcoin Cash:
Rank:
1. Though Bitcoin is the largest crypto these days, Bitcoin being evolved not more than 4 years ago, is not far behind and has 10th spot.
Transaction speed:
2. You may be surprised, but Bitcoin cash's transaction speed is faster than that of Bitcoin. Bitcoin has multiple layers. While Bitcoin cash has the ability to process transaction faster than Bitcoin, transaction fees is also lower as compared to Bitcoin.
Block size:
3. The block size of Bitcoin is 1 MB, so transaction per block can be anywhere between 900 to 1500, which is small compare to the scale at which Bitcoin's transactions are taking place.
While Bitcoin cash's block size was 8 MB which was then upgraded to 25 MB, a test suggest that Bitcoin Cash can handle transactions up to 25,000 per block. Which way more than that of Bitcoin can handle.
Ending:
I am learning daily about cryptos and have to go a long way. But it's all interesting. That's all for now. Always remember to do independent research as well. The more you research the more you know and learn.
Thanks for reading! :)