Bitcoin Forum
November 15, 2024, 03:24:47 AM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 [5] 6 »  All
  Print  
Author Topic: ***EDITED***  (Read 570 times)
drufilla01
Newbie
*
Offline Offline

Activity: 107
Merit: 0


View Profile
May 22, 2018, 01:43:22 PM
 #81

I think the biggest difference between Bitcoin and Bitcoin Cash is mining algorithms. At its inception, Bitcoin Cash had an easier mining algorithm. An easier mining algorithm was deemed to be necessary for BCH to keep a competitive edge against the more-valuable bitcoin and to attract the miners needed to run the network.
andree nguyen
Newbie
*
Offline Offline

Activity: 111
Merit: 0


View Profile
May 22, 2018, 01:44:37 PM
 #82

Bitcoin Cash was deliberately split away from Bitcoin by a team that thought high fees and slow transactions would eventually destroy Bitcoin. It was deliberately designed to essentially be Bitcoin, except easy to send, receive and transact with. Hence the “cash” part of its name. It was designed to be the spending money next to Bitcoin’s gold.
Zidanmusk
Newbie
*
Offline Offline

Activity: 107
Merit: 0


View Profile
May 22, 2018, 01:45:28 PM
 #83

Bitcoin Cash has cheaper transfer fees (around $0.20 per transaction), so making transactions in BCH will save you more money than using BTC. A BTC transaction can cost around $1 USD per transaction, although it previously went up to around $25 per transaction.
Ragnar Lothbrok
Member
**
Offline Offline

Activity: 364
Merit: 10


View Profile
May 22, 2018, 02:00:00 PM
 #84

I still choose Bitcoin, because I do not think anyone can beat Bitcoin until now.
Cuthbert Allen
Newbie
*
Offline Offline

Activity: 99
Merit: 0


View Profile
May 22, 2018, 02:04:54 PM
 #85

BCH has faster transfer times. So, you don’t have to wait the 10 minutes it takes to verify a Bitcoin transaction. Moreover, BCH can handle more transactions per second. This means that more people can use BCH at the same time than they can with BTC.
kariky_123
Newbie
*
Offline Offline

Activity: 103
Merit: 0


View Profile
May 22, 2018, 02:06:30 PM
 #86

The main advantage of Bitcoin Cash is that it is cheaper and faster to use. This is because it is more scalable, meaning that more people can transact on the blockchain at any given time.
Garrick Lee
Newbie
*
Offline Offline

Activity: 104
Merit: 0


View Profile
May 22, 2018, 02:08:18 PM
 #87

I think Bitcoin Cash is cheaper to move around between exchanges. Whenever its price surges, it is a great trading asset against Bitcoin and a solid investment to hedge against Bitcoin, should Bitcoin lose its market dominance one day.
Jamesbob16
Member
**
Offline Offline

Activity: 196
Merit: 10


View Profile
May 22, 2018, 02:08:31 PM
 #88

Bitcoin and Bitcoin Cash are not the same cryptocurrency. Bitcoin is the king of cryptocurrency world and Bitcoin Cash is just a child of Bitcoin. It was created by Bitcoin hardfork. I think the main difference is the block size. Bitcoin is still stuck with 1 MB max size per block, while Bitcoin Cash has the same capped at 8 MB. Maybe it will be 32 MB by increasing. Bitcoin is decentralized while Bitcoin Cash is centralized coin. Bitcoin is more secure than Bitcoin Cash.
Azaria Rodriguez
Newbie
*
Offline Offline

Activity: 101
Merit: 0


View Profile
May 22, 2018, 02:09:21 PM
 #89

The disadvantages of Bitcoin when compared to Bitcoin Cash mainly regard the scalability issues facing Bitcoin. Bitcoin is older, slower and costs a lot more per transaction. It is likely that as the sector grows, Bitcoin will continue to lose its dominance to these other coins.
Collider
Hero Member
*****
Offline Offline

Activity: 714
Merit: 500



View Profile
May 22, 2018, 02:12:11 PM
 #90

Why we need BitcoinCash, BitcoinGold, BitcoinDiamond, BitcoinAtom?
Faster and cheaper transactions  than Bitcoin, but who cares? They are useful, nobody will use them, because they have no value, no real use.
Wasaisisi
Newbie
*
Offline Offline

Activity: 98
Merit: 0


View Profile
May 22, 2018, 02:57:03 PM
 #91

I think the difference is that bitcoin was created earlier and more interested than bitcoincash. As well as the striking difference is the higher bitcoin value of bitcoincash.
JP_crypto
Newbie
*
Offline Offline

Activity: 96
Merit: 0


View Profile
May 28, 2018, 08:30:44 AM
 #92

What makes them different is that Bitcoin Cash has a block size limit of 8 MB — eight times more than Bitcoin. This allows it to process more transactions per day, speed up processing times, and reduce fees. Their transaction fees are much cheaper when compared to those of its rival. But they will increase once more people start using the currency.
mochisamichi
Newbie
*
Offline Offline

Activity: 113
Merit: 0


View Profile
May 28, 2018, 08:32:14 AM
 #93

Bitcoin has much greater security and stability, as there is more mining support and infrastructure behind it. Bitcoin currently has around 10x more full nodes than Bitcoin Cash, and thus a much more distributed network. But the tradeoff is time: when the Bitcoin network is saturated, transactions tend to take longer than Bitcoin Cash transactions to be confirmed, and have much higher fees.
TirionLannister
Member
**
Offline Offline

Activity: 476
Merit: 12


View Profile
May 28, 2018, 08:38:36 AM
 #94

Bitcoin is 1 mb block, Bitcoin Cach is now 32 mb block. But nevertheless, Bitcoin has a new technology called Lightning Network. Thanks to her Bitcoin is in no way inferior to Bitcoin Cash. Transactions have become fast and inexpensive.
craZyLovE0916
Sr. Member
****
Offline Offline

Activity: 588
Merit: 250


View Profile
May 28, 2018, 10:37:22 AM
 #95

Bitcoin is a better coin than bitcoin cash. Bitcoin cash is just a cheap knock off that is just preying off the success of bitcoin. I don't see any reason why people would want to compare bitcoin cash to bitcoin. there is no way that bitcoin cash will ever be better than bitcoin regardless of the 32mb block that bitcoin cash is boasting of. It won't change the fact that it is still a cheap knockoff
arienna23
Full Member
***
Offline Offline

Activity: 221
Merit: 101



View Profile
May 29, 2018, 12:57:55 PM
 #96

What are the main differences between bitcoin and bitcoincash?



Bitcoin is the real original while Bitcoin Cash is a copycat altcoin that tries to overthrown Bitcoin because of the greediness of the developers and the supporters of it. Bitcoin Cash created money out of thin air.
shulc7
Full Member
***
Offline Offline

Activity: 518
Merit: 100


View Profile
May 30, 2018, 01:27:30 PM
 #97

What are the main differences between bitcoin and bitcoincash?




Roger Ver made a great buzz speculating on the theme of Bitcoin Cash that will conquer Bitcoin. But I don’t think that it will happen at least in near future. Technologically BCH is more advanced but this is not all we need to know.
xyzone
Newbie
*
Offline Offline

Activity: 140
Merit: 0


View Profile
May 30, 2018, 01:36:07 PM
 #98

Bitcoin remains the current flag because everyone knows the first bitcoin and bitcoin cash is only considered airdrop from bitcoin.
forbesmining
Full Member
***
Offline Offline

Activity: 297
Merit: 100



View Profile
May 31, 2018, 09:12:20 AM
 #99

I know the technical side, but more interesting for guys here would be that Bitcoin is a king, and #1, and BitcoinCash sounds like cheap namedropping

hihitao41
Newbie
*
Offline Offline

Activity: 22
Merit: 0


View Profile
May 31, 2018, 03:48:40 PM
 #100

Bitcoin Cash uses a different hash algorithm to the one Bitcoin uses. So, the replay between the two chains is no longer possible. Furthermore, a new algorithm which ensures normal chain work in case of dramatic changes of the number of miners provides additional stability to the currency as a whole.
Pages: « 1 2 3 4 [5] 6 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!