Bitcoin VS Bitcoin Cash : Who has the future ?

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3 years ago

Bitcoin VS Bitcoin Cash : Who has the future ?

Bitcoin, a biggest crypto-currency having almost half of the market cap of all crypto currencies combined was released in 2009, invented by an unknown group of people. Bitcoin is decentralized currency, that means transactions are made with no middle men – meaning, no banks. Everything is same until 2017 when some Bitcoin developer split Bitcoin into Bitcoin Cash and Bitcoin SV due to different philosophical reasons.

Comparision :

Both Bitcoin and Bitcoin Cash are running on decentralized technology named Blockchain. Bitcoin processed 4.6 transactions per second, while Bitcoin Cash done 116 per second. Bitcoin Cash transaction fee is also very lower than Bitcoin. While Bitcoin has the old software made in 2009, Bitcoin Cash come up with latest software update which standout it among the cryptoworld. The Bitcoin Cash network can handle many more transactions per second than the Bitcoin network can.

If you are new to the world of Bitcoin Cash investing, you might be wondering if Bitcoin Cash BCH is a good investment or should I invest in Bitcoin?. Well, let’s break all Bitcoin -related myths circulating online before you consider investing in Bitcoin Cash BCH.

So, here is all you need to know about Bitcoin Cash: one of the most controversial digital assets in the cryptocurrency investing sector.

Why Bitcoin Cash?

Bitcoin Cash can be a good investment and a great way to diversify your portfolio when done right. Bitcoin cash has been gaining ground in recent times. It surged from the levels of around $634 in early April to the peak of around $1,818 by early May making it the best performing cryptocurrency during the period. It also got a recommendation from Roger Ver, aka "Bitcoin Jesus," who stated his preference for Bitcoin cash as the global cryptocurrency, for its ease of use. The truth is that Bitcoin Cash has a market cap of $4,814,767,530 and a 24-hour trading volume of $1,666,584,587, at the time of writing, which makes Bitcoin Cash one of the top 10 traded cryptocurrencies out there.

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Avatar for umeree
Written by
3 years ago

Comments

Brother are you know what is blockchain? BCH is not open source mean you don't about it's code. then BCH difficulty level is low.

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3 years ago

In the long term the winner will be Bitcoin Cash with its 32mb blocks but that long time frame is about 10 years or more. So Bitcoin Cash still has some more improving to make but eventually everyone will realize that Bitcoin Cash is a superior product than Bitcoin Core BTC. But that will take a very long time, so those investing today may never see gains or they will take a very long time.

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3 years ago