Why People Should use Bitcoin Cash (BCH)?

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2 years ago

Firstly you should know what is bitcoin cash (BCH)? the simple.answer is Bitcoin Cash is a peer-to-peer electronic cash system.  It is a permissionless, decentralized cryptocurrency that does not require a trusted third party and central bank.  With Bitcoin Cash you can send money anywhere in the world safely and securely for almost free.

Among other major differences, first and foremost, Bitcoin Cash has lower transaction costs and faster data transfer than Bitcoin.  Thus, more people can use Bitcoin Cash at the same time.  Having said that, it is important to note that Bitcoin Cash, at least for the time being, does not enjoy the confidence of consumers like Bitcoin.

The maximum block size of Bitcoin cache is 32 MB compared to 1 MB for Bitcoin.  This makes it more scalable and enables more transactions per second, reducing its environmental impact and theoretically increasing its effectiveness as a currency.  On its website, Bitcoin Cash claims that it has the ability to process up to 200 transactions per second, which also reduces transaction costs.

The main thing is Bitcoin Cash allows us to do more transactions. 

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I am probably say that in the future bitcoin cash wil the best competitor of bitcoin. Because there are many advantage with bitcoin cash rather than bitcoin. 

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