Bitcoin (BTC) and Bitcoin Cash (BCH): A Cryptocurrency Comparison
Today marks the 1 year anniversary of the biggest Bitcoin fork to date
Bitcoin Cash likely represents the most popular split to happen on the Bitcoin blockchain.
But the differences between Bitcoin Cash and Bitcoin can be incredibly confusing.
Lets take a look back at how the two compare.
The first major point of difference between Bitcoin and its Bitcoin Cash is the price.
For Bitcoin the objective value comes from the ability of the network to remain completely decentralized.
As a result of this consistence in philosophy, Bitcoin is likely the most secure and attack-resistant cryptocurrency anywhere on the market.
Bitcoin Cash, on the other hand, took an effort to increase the productivity of the system.
Having increased the block size from 1 megabyte to 8 megabytes, the Bitcoin Cash network can process transactions significantly faster than Bitcoin can.
This, of course, has its problems as general concern regarding the safety and security of the improved BCH system
The price of Bitcoin Cash remains significantly lower than that of Bitcoin, right now hovering at around $800