Greetings everyone I am starting my registration. Today's topic is Bitcoin Cash.
So without further ado I am going to start now.
Introduction to Bitcoin Cash: Bitcoin Cash was created in August 2016. Bitcoin Cash is basically Bitcoin's fork. Bitcoin Cash has a separate blockchain, Bitcoin Cash offers more benefits than Bitcoin. Bitcoin Cash Fork is created due to various problems of Bitcoin. Again, three more forks are made from Bitcoin Cash.
The main reason for making Bitcoin Cash: Bitcoin Cash is basically a bitcoin transaction due to high transaction fees and extra time required. So, for all these reasons bitcoin fork is made.
Advantages of Bitcoin Cash: Bitcoin Cash is a good currency. Currently the demand and use of Bitcoin Cash is increasing. Bitcoin can be transacted quickly with cash and can be transacted for a very cheap fee. People who use cryptocurrencies are always looking for a currency that can be used to transact quickly and cheaply. And because of these advantages, Bitcoin Cash is popular with everyone.
Features of Bitcoin Cash:
Block Size: When Bitcoin Cash was created, its block size was 2 MB. But after the coil months, the block size of Bitcoin Cash was converted to 8 MB. But currently the bitcoin cash block size is 32 MB. As a result, transactions can be made quickly with Bitcoin Cash. Due to the large block size, no transaction is stuck in the blockchain. This allows Bitcoin Cash users to transact faster.
Transaction: Bitcoin Cash's transaction fee is very cheap. If you transact with Bitcoin Cash then you can transact very fast and cheap. Due to the large block size, fast and cheap transactions can be done. The transaction fee is around ৫ 0.05- $ 0.10. However, it is a very cheap transaction fee for everyone.
Payment Method: Quick and cheap transactions can be done with Bitcoin Cash. As a result, many merchants have started accepting payments with bitcoin cash. Many shopping malls and restaurants accept payments with bitcoin cash. The use of bitcoin cash is increasing day by day.
Thus, Bitcoin Cash is currently the most popular currency. Bitcoin Cash will be profitable for us in the future. So we will use Bitcoin Cash and enjoy the benefits of Bitcoin Cash.
