Bitcoin Cash Allows Combining and Splitting Value Satoshi Nakamoto’s original whitepaper has stood the test of time and remains a brilliant encapsulation of the most important technical facets of Bitcoin.
An often overlooked part of the paper is section 9: Combining and Splitting Value. When you spend Bitcoin, you’re usually splitting off a part of an unspent output and sending change back to yourself. And when Bitcoin is received, it is combined if there was more than one output.
This is happening all the time, even though you might not give it much thought. Yet, high Bitcoin fees make combining unspent outputs very expensive. A $10 fee can turn into a $100 fee or worse.
So, the functionality is hampered. The privacy and fungibility of the coin is also compromised as users tiptoe around this problem by minimizing their transactions.
But… tiptoeing only goes so far. You may be shocked to discover that as much as 55% of all Bitcoin addresses in use are not even spendable, as they contain an amount smaller than the cost of combining those funds into a transaction.
Bitcoin Cash doesn’t have these problems, and it allows users to freely split and combine their coins.
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