Bitcoin Cash

[pranaja]

Bitcoin breaks out into a different new currency, Bitcoin (which has been popular for so long), and Bitcoin Cash (newly emerging)
what is the difference between the old bitcoin and the new bitcoin (bitcoin cash)?

[1714671809]

1714671809

[1714671809]

1714671809

[Wind_FURY]

BitcoinCash is the spawn of Roger Ver. He believes that the Core developers are corrupted by Blockstream and that they are keeping the blocks small to push their own agenda. Roger Ver's solution was to lead the hard fork to BitcoinCash which allow blocks bigger than 1mb. He says that it is in "Satoshi's vision" that all transactions happen onchain rather than using offchain solutions like the Lightning Network.

[VitKoyn]

Bitcoin and Bitcoin Cash is almost the same they have the same source code, the only difference is that Bitcoin only have 1MB block size while Bitcoin Cash have a block size of 8MB to prevent transaction congestion in the blockchain which will make transaction faster and BCH have more cheaper transaction fees which Bitcoin is lacking. Although some experts says that after the November hard fork bitcoin block size will increase from 1 to 2MB but I think it's still not enough. Also Bitcoin Cash don't have Segwit.

[Herbert2020]

there is no new bitcoin old bitcoin or other bitcoin,.... there is only 1 bitcoin and there will always be 1 bitcoin and there is always going to be a lot of other altcoins that use the bitcoin name. there currently are at least 10-12 other altcoins with bitcoin name and some other word. bitcoin cash, gold, dark, core,...

bitcoin cash is just another one of these altcoins.

you also can create your own too. just go to github and fork bitcoin code and start running it with some changes and you will have your very own fork. you can call it "bitcoin pranaja"

[jungleMonkey]

Bitcoin and Bitcoin Cash is almost the same they have the same source code, the only difference is that Bitcoin only have 1MB block size while Bitcoin Cash have a block size of 8MB to prevent transaction congestion in the blockchain which will make transaction faster and BCH have more cheaper transaction fees which Bitcoin is lacking. Although some experts says that after the November hard fork bitcoin block size will increase from 1 to 2MB but I think it's still not enough. Also Bitcoin Cash don't have Segwit.

Exactly!
It is important to understand that bitcoin cash is trying to reduce the cost of the transaction. This is one of the main business sense of the Bitcoin option.

[cpfreeplz]

Bitcoins are bitcoins and bitcoin cash is a crappy fork of bitcoin that has a massive block solving issue. Blocked every 4-6 hours one day then spamming 100s of blocks the next. It's a freaking mess.

You want cheaper fees? Go for bitcoin cash.
You want cheaper travel? Take the bus.

You want a product that works? Use bitcoins
You want something that works? Buy a car.

[xskl0]

Bitcoin cash have bigger blocks of 8mb while Bitcoin have 1 mb blocks. It means that can process 8x more transactions per block than Bitcoin. Bitcoin  cash supporters thinks that Bitcoin should process all transactions onchain while Bitcoin has implemented segwit in order to create the lightning networks and process a lot of instant transactions offchain. The cost of an onchain transactions is more expensive if more people make transactions and Bitcoin cash will make bigger blocks in order to keep transactions cheap.

The main differences are:

bitcoin will have the Lightning Network
bitcoin is more popular and have a bigger marketcap than Bitcoin Cash

will ever be cheap do onchain transactions on bitcoin cash

[player514]

Bitcoin cash have bigger blocks of 8mb while Bitcoin have 1 mb blocks. It means that can process 8x more transactions per block than Bitcoin. Bitcoin  cash supporters thinks that Bitcoin should process all transactions onchain while Bitcoin has implemented segwit in order to create the lightning networks and process a lot of instant transactions offchain. The cost of an onchain transactions is more expensive if more people make transactions and Bitcoin cash will make bigger blocks in order to keep transactions cheap.

The main differences are:

bitcoin will have the Lightning Network
bitcoin is more popular and have a bigger marketcap than Bitcoin Cash

will ever be cheap do onchain transactions on bitcoin cash

This is a good explanation.

In terms of price and support, bitcoin is supported and accepted a lot more than bitcoin cash. In fact, the introduction of bitcoin cash raised the price of bitcoin because people (when they got their bitcoin cash), dumped their BCH and bought BTC. Since the high of bitcoin cash being released, bitcoin cash has never reached a similar high point. If you're looking at investing, it makes more sense to invest in bitcoin.