Hello, stemians and especially crypto ones,
I welcome you to join the discussion "EITHER or NEITHER." This post has a purpose of initiating discussion about two confronted crypto coins/tokens/platforms. Here we are talking about projects and ideas these platforms are doing and developing without mentioning the current price of their coins/tokens.
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Bitcoin cash and Bitcoin are connected with the hard fork; bitcoin cash is created as a parallel blockchain by bitcoin miners and developers, they were concerned with the future of Bitcoin and its effective scalability.
BITCOIN- is the first cryptocurrency, it is called digital gold. Therefore, it is used as a store and transfer value. It is a symbol of decentralization, and it is built on a potentially the most significant technology in this decade- Blockchain. Size of the blocks is 1 MB, the more people use the bitcoin to make a transaction, the transaction fees are raising, and the whole system becomes slower. The lightning network fixed a part of that problem.
BITCOIN CASH- is updated version of Bitcoin, size of blocks is 8 MB which lowers the fees and reliable confirmations. It is also based on the blockchain. They claim that they are fulfilling the original promise of Bitcoin as "Peer-to-Peer Electronic Cash".
You are welcome to give support by commenting, upvoting and resteeming. Remember it is all about building quality community. I would like to see what do you think about these two and which would you pick? BITCOIN-BITCOIN CASH-NEITHER?
More disscusions:
ETHERUMorNEO
I actually like bitcoin cash better (use case, never thought of any crypto as a long term store of value though -I like hard assets for that), but why didn't they just make their own coin? But that goes for ANY fork imo
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First thanks for the comment. And secondly, they forked from Bitcoin to pick up a piece of its fame. A part of bitcoin community was unsatisfied with problems bitcoin was facing, and they wanted to overthrone it by upgrading its code. Did that answer your question?
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