My Btc Cash journey part :-1

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3 years ago

Bitcoin cash is a cryptocurrency created in August 2017, from a fork of Bitcoin.1 Bitcoin Cash increased the size of blocks, allowing more transactions to be processed and improving scalability.

The cryptocurrency underwent another fork in November 2018 and split into Bitcoin Cash ABC and Bitcoin Cash SV (Satoshi Vision) .2 Bitcoin Cash is referred to as Bitcoin Cash because it uses the original Bitcoin Cash client.

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Some history Of btc cash :-

In 2010, the average size of a block on Bitcoin's blockchain was less than 100 KB and the average fee for a transaction amounted to just a couple of cents. This made its blockchain vulnerable to attacks, consisting entirely of cheap transactions, that could potentially cripple its system.

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 Bitcoin Cash also does not have a clearly-defined governance protocol. While other cryptocurrencies, such as Dash and VeChain, have innovated and outlined detailed governance protocols that assign voting rights, the development, and design of Bitcoin Cash seem to be centralized with its development teams.16 As such, it is unclear with investors without substantial holdings of the cryptocurrency have voting rights or a say in the cryptocurrency's future direction.

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