Bitcoin was created in 2009,so it was 12years ago. It is the world's first most popular crypto currency. One of the biggest issue for cryptocurriences has always been "SCALABILITY". Most specifically is the size of the block transactions which was limited to 1MB-megabite. This limit causes delay in transaction processing time that limits the number of transactions that network can process.
Bitcoin cash was a different thing, in different from another version which allow to increase the block size from 1MB to 8MB. Increase the number of transactions that can be processed by the network,hoping that the Bitcoin cash will be able to compete the value of transaction like industries PAYPAL and VISA.
TRANSACTION PER SECOND- TPS
VISA- is able to process upto 24,000 Transaction per second (TPS) but everyday transaction is around 4,000 transaction per second .
Bitcoin- with the capacity of 1MB per block size can process 3-7 transaction per second.
Bitcoin Cash - on the other hand with 8 times larger than BTC, was able to process 61 transaction per second. As you can see that the Bitcoin and even Bitcoin Cash don't even stand close as electric payment process system compare to centralized payment process company VISA.
The Story of Hard Fork
Bitcoin cash was launched in August 2017 and seems became most popular crypto currency that has fork from the BITCOIN. The reason of this fork is to increase the block size and process more transaction per second. On other hand Bitcoin core 1MB limit for the size of every block is original implemented is lower a possibility of potential SPAM and Security issues. As Bitcoin Grew more and more popular one 1MB limit starts requesting blocks to pile up which extended the transactions time. The situation got out of hand around May 2017 when one user reported that he was ready for confirmation for upto 4days. Users need to get higher transaction fees to speed up the confirmation.
But as years goes by many has been upgraded. Many crypto now are easy to use and received. As I started to study about Bitcoin cash I already started to be a fan and love the BITCOIN CASH . Many users now get addicted when it comes to CRYPTOCURRIENCES ,many of us depend on the Satoshi we get from free apps or sites because we know someday this Satoshi became 1btc,1bch . As a begginer of this crypto lover I know that it is not so easy to study each crypto. But in some country trading cryptocurrency is their number 1 income to make money and paid the debts and buy their expenses. Most of it are Chinese people who started the Trading online .As I remember my mother in Hongkong is OFW and once have a Chinese boss who is busy looking on his laptop ,no work outside and leave in the house 24/7 only to find out that his job is TRADER/TRADING online .That's why he is able to pay everything. But before that happened he studied BITCOIN for more that a Year's. That's why I got so excited when it start to rise in the Philippines. But until now I'm still studying about BITCOIN and cryptocurrency.