btcchamp88 (OP)
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August 14, 2023, 07:58:26 PM |
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hey im new, what is the difference between bitcoin and bitcoin cash? can anyone explain in short words?
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_act_
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August 14, 2023, 08:00:18 PM |
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Bitcoin cash is an altcoin. It forked from bitcoin. An hard fork.
When there was a disagreement in the bitcoin community to increase bitcoin block size or not, the community divided and the people that wanted increase in block size later resulted to bitcoin cash creation while bitcoin remain to be bitcoin.
After the hard fork that led to bitcoin cash, people that have bitcoin on their wallet are given the same amount in bitcoin cash which they can claim it on the bitcoin cash wallet with their bitcoin private key.
Bitcoin cash is not the same as bitcoin, it is forked from bitcoin and it is one of the altcoins.
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Aanuoluwatofunmi
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August 14, 2023, 08:46:39 PM |
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hey im new, what is the difference between bitcoin and bitcoin cash? can anyone explain in short words?
Bitcoin is written as Btc while bitcoin cash is BCH As you're told already, bitcoin cash is altcoin while bitcoin remains the same decentralized and first digital currency, they only have a common similarity being cryptocurrency but are different things entirely, another difference is that bitcoin was introduced by Satoshi Nakamoto which is the first and decentralized digital currency, the entire story that led to the creation of bitcoin cash will be more enlighthened here https://www.investopedia.com/terms/b/bitcoin-cash.asp#:~:text=Bitcoin Cash was created in,rise between 2009 and 2016.
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The Cryptovator
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August 14, 2023, 09:30:04 PM |
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Clear up any confusion: Bitcoin Cash is not Bitcoin; it's a fork led by Roger Ver, making it an altcoin. Despite attempts to market it as real Bitcoin, this is inaccurate. Ver's efforts to establish this idea were unsuccessful. If you're considering purchasing, it's wiser to stick with genuine Bitcoin.
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Nwada001
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August 14, 2023, 09:44:46 PM |
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Bitcoin Cash is just some altcoins that are being created by some pyraniod teams that are obsessed with Bitcoin and want to prove that they can do better by introducing BCH. while bitcoin remains the same decentralized and first digital currency,
Bitcoin was not the first digital currency, as there were other attempts before it, But it appears to be the first successfully created and generally used digital currency.
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Agbe
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August 14, 2023, 10:11:08 PM |
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hey im new, what is the difference between bitcoin and bitcoin cash? can anyone explain in short words?
Op as other have said. If you like reading, you can browse these: 1. Bitcoin Cash and also 2. What is Bitcoin. You are welcome to the bitcoin forum. Read more to acquire the knowledge you want.
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Wimex
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August 14, 2023, 10:19:03 PM |
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hey im new, what is the difference between bitcoin and bitcoin cash? can anyone explain in short words?
Bitcoin is written as Btc while bitcoin cash is BCH As you're told already, bitcoin cash is altcoin while bitcoin remains the same decentralized and first digital currency, they only have a common similarity being cryptocurrency but are different things entirely, another difference is that bitcoin was introduced by Satoshi Nakamoto which is the first and decentralized digital currency, the entire story that led to the creation of bitcoin cash will be more enlighthened here https://www.investopedia.com/terms/b/bitcoin-cash.asp#:~:text=Bitcoin Cash was created in,rise between 2009 and 2016. Not only do they differ because one is the original and the other is a derivative of it, there is also the fact of the size of its blocks, while bitcoin has a capacity of 2 MB, the other reaches 32 MB, which determines the number of transactions that can be made per day, analyzing this it can be deduced that bitcoin would be limited to a small number of these transactions compared to BCH, as indicated in the article you point out: Bitcoin Cash was created to allow more transactions in a single block, which theoretically reduces fees and transaction times This is an advantage that it could have in favor, however, despite this, it is still a fork of bitcoin, which causes its value to remain low due to the little demand it has, which in itself would be what could help increase its price, so despite its capabilities and improvements, it has not managed to meet the expected expectations, like the other cryptocurrencies, bitcoin remains unsurpassed the confidence that bitcoin has come to issue to its users does take strength and difficult to reach or even match.
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Dr.Bitcoin_Strange
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August 14, 2023, 10:32:30 PM |
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Like every other person has explained, Bitcoin was created by a different person known as Satoshi Nakamoto, while Bitcoin Cash is known to have been developed by some other individuals that supported the development of Bitcoin, including Haipo Yang and Roger Ver, who is the CEO of Bitcoin.com.
Another great difference is that Bitcoin is ranked the number one cryptocurrency with the highest trading volume in the entire crypto market, while Bitcoin Cash is ranked around 19th, which means that investors are trading Bitcoin more than Bitcoin Cash. Now, feel free to lock your thread because the answer you seek has been provided.
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Wend
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August 14, 2023, 11:27:56 PM |
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There is only one type of bitcoin in this world, the rest of the names like bitcoin cash, Bitcoin SV are not bitcoins, they are just shitcoins like other shitcoins on the market. As a newbie, you should only focus on bitcoin and stay away from other shitcoins to avoid unfortunate incidents from happening.
Furthermore, to better understand the difference between bitcoin and altcoin, I think you can search them yourself using google. These are the basics, you should spend a lot of time learning about them if you don't want to lose money in this market.
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dansus021
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August 15, 2023, 01:56:36 AM |
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in short word bitcoin Cash is not the original Bitcoin tho the source code is from the original Bitcoin with a little bit tweaks and now considered an altcoin.
and the bitcoin cash had more than 1 mb of block so in theory it much faster than the bitcoin and when the hard fork happen ~ 1 Bitcoin equal 1 Bitcoin cash. Tho like everyone else said if you wanna invest I would prefer bitcoin than bitcoin cash
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Fundamentals Of
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August 15, 2023, 02:35:52 AM |
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Bitcoin is the decentralized cryptocurrency that was created by Satoshi Nakamoto. Bitcoin Cash, on the other hand, is the alternate cryptocurrency that was forked from Satoshi's Bitcoin. In other words, Bitcoin is the original version and Bitcoin Cash is the new version.
This was one of the results of the block size debate or block size war as others call it in which Bitcoin supporters are divided as to whether or not to increase Bitcoin's block size. This was in relation to the scalability concern. Bitcoin sticks to 1 MB while Bitcoin Cash chose 32 MB. The implementation of Segwit however increases Bitcoin's block size to 4 MB.
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adaseb
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August 15, 2023, 04:29:11 AM |
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Had to check the date if it was written in 2017 because it’s Been years since someone mentioned Bitcoin cash. I remember some wallet that Roger Ver used he referred to Bitcoin cash as Bitcoin and many people bought Bch by mistake when they wanted actually Bitcoin. Then he had to change it back due to the complaints.
Either way it’s an alt coin which has lost its way pretty much. Roger Ver and that bitmain ceo have seem to stopped talking about or supporting it. It might pump here or there but I don’t think I’ll ever replace Bitcoin.
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pooya87
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August 15, 2023, 04:42:22 AM |
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When there was a disagreement in the bitcoin community to increase bitcoin block size or not, the community divided and the people that wanted increase in block size later resulted to bitcoin cash creation while bitcoin remain to be bitcoin.
Technically the community did not split. There are loads of altcoins like bcash that have copied both bitcoin code and blockchain creating a forked copy of bitcoin called something like like bitcoin gold, bitcoin silver, bitcoin cash, bitcoin diamond, etc. These are always a minority or rather a handful of people that create such altcoins and are not "splitting" the community. The only difference bcash has is that it has been so much "louder" than the rest of them!
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. .BLACKJACK ♠ FUN. | | | ███▄██████ ██████████████▀ ████████████ █████████████████ ████████████████▄▄ ░█████████████▀░▀▀ ██████████████████ ░██████████████ █████████████████▄ ░██████████████▀ ████████████ ███████████████░██ ██████████ | | CRYPTO CASINO & SPORTS BETTING | | │ | | │ | ▄▄███████▄▄ ▄███████████████▄ ███████████████████ █████████████████████ ███████████████████████ █████████████████████████ █████████████████████████ █████████████████████████ ███████████████████████ █████████████████████ ███████████████████ ▀███████████████▀ ███████████████████ | | .
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kotajikikox
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August 15, 2023, 05:00:34 AM |
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hey im new, what is the difference between bitcoin and bitcoin cash? can anyone explain in short words?
there is no need to further your explanation and comparison mate, best only focus in Bitcoin for your safety , never trust Roger Ver mate because he is nothing but a bitcoin hater. why need to have these thoughts when you can completely trust bitcoin.
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TheUltraElite
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August 15, 2023, 06:01:48 AM |
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hey im new, what is the difference between bitcoin and bitcoin cash? can anyone explain in short words?
Two different coins, which rose because of a hard fork that was created as a result of a disagreement of opinions in the community. Bitcoin Core (BTC) is the real bitcoin while Bitcoin Cash (BCH) is the altcoin that was created. Please note the moniker and trade accordingly, based on which one you find as the most convincing. There is a group of influential shills promoting BCH, which was much more buzzing during that time than now but they still exist and they live in their own bubble and forum. Also note that those who held bitcoin during the fork have received BCH of equivalent amount on the day of the fork. There are official ways to retrieve it, but try not to fall for scammers promising you the same.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | │ | CRYPTO FUTURES | | | | | | | │ | 1,000x LEVERAGE | │ | COMPETITIVE FEES | │ | INSTANT EXECUTION | │ | . TRADE NOW |
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NotATether
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bitcoincleanup.com / bitmixlist.org
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August 15, 2023, 06:09:40 AM |
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How shocking that Bitcoin Cash still manages to confuse people! /s I'm pretty sure that 90% of this is from people going to bitcoin.com. So the day that Roger Ver sells out the Bitcoin.com operations, I'm pretty sure some people are going to have a few beers. Had to check the date if it was written in 2017 because it’s Been years since someone mentioned Bitcoin cash. I remember some wallet that Roger Ver used he referred to Bitcoin cash as Bitcoin and many people bought Bch by mistake when they wanted actually Bitcoin. Then he had to change it back due to the complaints.
The good news is that it's totally easy for people to see if an address is a bitcoin cash address by checking if it has "bitcoincash:" in front of it.
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irhact
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August 15, 2023, 06:15:59 AM |
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hey im new, what is the difference between bitcoin and bitcoin cash? can anyone explain in short words?
The difference is simple and that's bitcoin cash isn't Bitcoin but just like every other cryptocurency that's claiming to be better than Bitcoin but they're not and they're called altcoins, Bitcoin cash has been rising recently but don't be carried away because those rise won't last and if you already bought it, you have to secure your profit before it starts dumping. Bitcoin cash was a fork from Bitcoin but that doesn't make them a part of Bitcoin because there has been other forks in the past. The only difference here is that Bitcoin cash can be said to be successful as they're still trading and one itf the popular Bitcoin forks that has occurred in the past and that's because whales are pushing Bitcoin cash but it isn't Bitcoin and won't be successful than Bitcoin.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | │ | CRYPTO FUTURES | | | | | | | │ | 1,000x LEVERAGE | │ | COMPETITIVE FEES | │ | INSTANT EXECUTION | │ | . TRADE NOW |
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blckhawk
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August 15, 2023, 06:46:22 AM |
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Bitcoin is the real deal while Bitcoin cash is the disgusting clone that's used to lure unknowing and naive newbies into buying that instead of bitcoin.
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Lida93
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August 15, 2023, 07:45:58 AM |
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Another great difference is that Bitcoin is ranked the number one cryptocurrency with the highest trading volume in the entire crypto market, while Bitcoin Cash is ranked around 19th,
The global rank market cap for Bitcoin -Cash is currently 18th and not 19th at the moment. But that of bitcoin being at number one ranking is correct. For OP: bitcoin was introduced in 2008 while bitcoin-Cash was in 2017 and also bitcoin-Cash is capped at 21million as its limit, currently now it's at $500. source: https://www.google.com/amp/s/www.softwaretestinghelp.com/bitcoin-vs-bitcoin-cash/amp/
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leonair
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August 15, 2023, 08:03:19 AM |
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Bitcoin is Bitcoin and Bitcoin cash is Bitcoin cash two are different coin. one is original bitcoin that symbol is BTC and another one is fork of Bitcoin but not bitcoin which symbol is BCH. No one can ever call these two are same. Bitcoin is not comparable to any other coin it is a completely different coin and is decentralized. you can read this article to understand difference between bitcoin and bitcoin cash Article link - https://www.investopedia.com/tech/bitcoin-vs-bitcoin-cash-whats-difference/
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