In this article, we are going to talk about hot debate about Bitcoin cash versus bitcoin. In BITCOIN CASH was launched in August 2017 and since became bitcoin most popular cryptocurrency that has forked from the bitcoin network,the reason of this forked is to increase the blocksize and process more transaction per second on other hand bitcoin score 1megabytes limit for the size of every block was originally implemented is to lower a possibility of potential spam and security issues as bitcoin grew more and more popular 1megabyte limit start causing blocks to pile up which extended the transaction time the situation got out of hand around May 2017 when one user reported that he was waiting for confirmation for up to four days , users had a chance to pay high transaction fees to speed up the confirmation but this approach basically prevent bitcoin going to be convenient payment method when it comes to smaller transactions.
Bitcoin Cash is better than bitcoin at being electronic currency. Why? As I say in the first paragraph BCH started as a hard fork of bitcoin in August 2017. As bitcoin grew in popularity and usage, the speed of the transaction became slower.This issue came head in 2017 that the number of transaction dramatically increased and network congestion caused Bitcoins average transaction fee to climbed to as high as 50$ . This is the first time that the scability problem that some had predicted for bitcoin.
The highest transaction fee price of bitcoin cash was in January of 2018, when the average transaction fee was around 90cents. However, the transaction fees have dropped considerably since then, with the current transaction fee costing only a few cents. Bitcoin, on other hand, had its highest fees of around 55$ in January of 2018, transaction fees are still around 5$ or 6$. Significally higher than Bitcoin Cash.
Bitcoin Cash is better than Bitcoin at being a currency. The original version of bitcoin was to be a peer-to-peer electronic cash system that allowed anyone in the world to send money to each other quickly and cheaply. One interesting thing to note is that in regards to price, Bitcoin and its fork like BCH almost marry each other. When Bitcoin goes up, its fork go up with it. When Bitcoin goes down,its forks follow suit and go down as well. But if you’ve seen any of the recent altcoin market moves like ETH, UNI, and Aave for example, you would notice that even when Bitcoin was treating from $40k to 30$k, these altcoins have been steadily increasing in value,the altcoins have been steadily in value, with ETH obviously recently hitting an all-time high. Bitcoin is going to continue to rise in value, then in theory, the Bitcoin forks like BCH will continue to rise as well.And its value will also increases as well. I believe that BCH will top around $30000.
Bitcoincash is the original bitcoin,,