read.cash Log in
@Wanderer18 more from that month

•What's the difference between the Maximun Block size of BCH and BTC? So we all know the that one of the main reason for the Hard fork of Bitcoin, is because its community was not able to agree with the change proposed before to address the issue with scalability, which then lead to versions of Bitcoin diverging namely Bitcoin Cash or "BCH" who adapted the solution to increase the block size while the unchage one retained the name Bitcoin or "BTC". BCH adapted a larger maximum block size which is currently at 32MB while BTC is still at 1MB. Having a larger block size increases the number of transaction that can be processed on a block chain, which gives BCH the capacity to process around 200 transaction per second while BTC still typically process 3-7 transactions per second. This increase in blocksize helps reduce the cost of fees per transaction while also increasing the speed of transaction and its realability. So the BCH transactions usually just cost around $0.01 or less while BTC fees are around $1 going up to $15. Have you tried comparing just how much difference does BCH and BTC has? #BitcoinCash

No comments yet

Log in to join in Reading is open to everyone. Replying needs an account.