We can all agree that bitcoin is the first and currently strong cryptocurrency out there at the moment. It's the most expensive, stable, and most popular currency out there. It's crazy that its the most popular but only about 65% of people have heard about it in the US and only about 5% actually own any.
With that being said, it's still has its flaws. The biggest flaw being its availability, the block size of the transactions which is only limited to 1 MB. The flaw of only having 1 MB block size it causes high volumes of delays in transactions processing time and it limits how many transactions can actually be processed.
Introducing Bitcoin Cash
It differs from Bitcoin in the aspect that its block size is 8MB compared to bitcoin's 1MB. Its main goal is to increase how many transactions can be processed by the network, in the sense that it will one day compute with giants such as Visa or paypal
Currenctly the transactions per second are as followed:
Visa 24,000 tps
Bitcoin 7tps
Bitcoin Cash 61 tps
Bitcoin Cash - 1Ku6apjisTb2rH6Lqt8eLoSzJ9vLikQ2t1
Bitcoin - 19jfPMSCwTmEtr6QgHbMjD61MyKzRtGar
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This is really informing. So do you think this is the bitcoin Satoshi Nakamoto envisioned?
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