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Category: Digital Cash.
Bitcoin Cash came as a result of a fork in Bitcoin. Key forces in the Bitcoin environment believed Bitcoin was becoming a tool for value storage and disliked this direction. With the forks, they wanted to create a more efficient transaction tool that they believed solved the scaling problem of Bitcoin. Increasing the blocks in the block chain from 1MB to 8MB meant that the problem could be solved. BCH opened up for more transactions per second and lower fees than Bitcoin, but BTC’s solutions are constantly being developed by various development teams, so whether BCH’s advantages will continue to be interesting. Strong voices in the environment such as Roger Ver and Jihan Wu are involved in this research.