Why Bitcoin Cash is AWESOME?

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3 years ago

This is just a quick and a straight to the point review about my favorite crypto. The following are just based on my own observation as a Bitcoin Cash user for 6 months. I am not a cryptologist and I don't claim to be an expert in the field of currency. I am just an ordinary guy who is fascinated about the great potential of digital money.

So here it is. Why Bitcoin Cash is AWESOME?

  • Fast transaction

  • Low and affordable transaction fee

  • Backed up by strong and innovative community and developers

  • Exponentially growing and thriving BCH Ecosystem

Fast Transaction

In the crypto world, transaction speed is very vital. It greatly affect the scalability and functionality of the certain crypto. It determines its widespread adoption and its overall success in the field of digital money. I don't think people would prefer to use a crypto with a snail-speed transaction.

Bitcoin Cash is capable of processing in an average of 116 transactions per second. That is way way faster than Bitcoin which could only process 7 transactions per second.

Low and Affordable Transaction Fee

As of this writing, the average transaction fee of Bitcoin Cash is only $0.0031 USD or 0.0000067 BCH. That is 0.00000002 BCH per byte. On the other hand Bitcoin is now on the average of $14.93 USD or 0.00028 BTC. That is 0.00000062 BTC per byte. (source: https://bitinfocharts.com/comparison/bitcoin-transactionfees.html#1y )

Strong and Innovative Community and Developers

According to an article written by Jamie Redman last January 22, 2020 in Bitcoin.com, a group of Bitcoin Cash mining pool operations have decided to help fund BCH infrastructure development. The core supporters of this movement are Bitcoin.com’s Roger Ver, Antpool and Btc.com’s Jihan Wu, Btc.top’s Jiang Zhuoer, and Viabtc’s Haipo Yang.

They also have this $200 million dollar Bitcoin Cash Ecosystem Fund which specifically provide investments to those who are developing a payment related solutions and non-custodial financial services for Bitcoin Cash (source: Bitcoin.com)

True enough, after a few months of working together, BCH developers revealed that there will be exciting code changes and very promising applications of the technology which will be released this year.

With all those mentioned above, I have no reason to doubt the widespread adoption of BCH today and in the future.

Exponentially growing and thriving BCH Ecosystem

As the result of the BCH community's effort, more and more people are joining the BCH family.

Allow me to quote what noise.cash posted in noise.cash community three days ago:

"Some stats for the curious: 125,000 users as of yesterday, adding 1,000+ users daily, about 17,000 users get FreeTips daily."

And mind you, noise.cash is just one of the many ecosystems that the BCH community is building.

Kodus to Bitcoin Cash!

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