Bitcoin cash (BCH)

2 21
Avatar for khushi_ah
4 years ago

In 2017, due to the block size limit of Bitcoin, a new forked of BTC was done to overcome the smaller block size and increase the speed of the transactions. It was given name as bitcoin Cash having ticker BCH. Block size was upgraded from 1 MB to 8 MB.

currently, Bitcoin cash is processing more transactions than the bitcoin network. The fee of the BCH network is less than a penny. Block size is now upgraded to 32 MB but new block size and scalability remain the debate and lead to another fork of BCH blockchain network in Nov 2018. BCH network was divided into two new coins called Bitcoin ABC and Bitcoin SV. The BCH ticker was later allocated to Bitcoin ABC and is still known as Bitcoin cash.

Bitcoin cash has a strong back, the team is working for the betterment of this project and adoption of BCH in many fields.if they keep following their roadmap and introducing project for the utilization of BCH it may have a better future ahead. I personally find BCH better than BTC but still, the popularity of BTC never ended it keeps growing more with time.

#BCH

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Comments

BTC remains popular but BCH is stylishly taking the lead

$ 0.00
4 years ago

Yeah good information you given about BCH. Best of luck for this contest.

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4 years ago