Is Bitcoin Cash worth having?
Advantages of Bitcoin Cash\n\n With a transaction cost of less than one US penny and the potential to process more than 100 transactions per second, Bitcoin Cash could be a viable payment platform. Still, the Visa network processes 2000 transactions per second, so Bitcoin Cash still has a way to go.
Why Bitcoin is better than cash?
Printed cash can be prone to counterfeiting. Cryptocurrencies are designed to avoid counterfeiting, thanks to the complex network of computers that record and verify each transaction. By storing crypto transactions on a public, immutable blockchain, they cannot be changed or deleted, and everyone can see them.
Why is Bitcoin Cash cheaper?
The main difference is related to the block size of each network. While Bitcoin maintains its 1 MB block size, with Bitcoin Cash, block sizes have grown to 32 MB. This means that transactions on BCH now cost less than a penny and it can process as many as 200 transactions per second.
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Bitcoin Cash - Wikipedia www utwente nl/en/ces/sal/exams/digital-exams/Blockchain-and-Distributed-Ledger-Technology-test/6-Consensus/bitcoin-cash-wikipedia pdf 14 fév 2022 Bitcoin Cash allows larger blocks in its blockchain than Bitcoin which in theory allows it to process more transactions per second
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