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TagsWhat is Bitcoin Cash and how does it differ from Bitcoin?
MootjeDec 16, 2021 · 3 years ago1 answersCan you explain what Bitcoin Cash is and how it differs from Bitcoin in detail?
1 answers
- Bitcoin Cash is a cryptocurrency that was created in 2017 as a result of a hard fork from Bitcoin. It was created to offer a solution to the scalability issues that Bitcoin was facing. Bitcoin Cash has a larger block size limit of 8MB, compared to Bitcoin's 1MB block size limit. This allows for more transactions to be processed in each block, resulting in faster transaction times and lower fees. However, Bitcoin Cash has faced criticism for its centralized development team and lack of widespread adoption. It is important to note that Bitcoin Cash is a separate cryptocurrency from Bitcoin, with its own blockchain and network.Dec 16, 2021 · 3 years ago
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