I am alittle bit confused!!!
Is bitcoin cash under the bitcoin network or it is another coin on its own?
Is bitcoin cash under the bitcoin network or it is another coin on its own?
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Bitcoin cash is a derivative of Bitcoin. There are many of them around. Sometimes, they get to receive the effect of their Lord coin as they get attention and add in value.I am alittle bit confused!!!
Is bitcoin cash under the bitcoin network or it is another coin on its own?
Yeah but amongst all the bitcoin forks bitcoin cash seem to be surviving and growing one amongst them because I have not heard about them.Bitcoin cash is a derivative of Bitcoin. There are many of them around. Sometimes, they get to receive the effect of their Lord coin as they get attention and add in value.
I am open to learning, enlightene me more about this blocksize of a thing, does it mean with 32MB block size it can accommodate more coins per transactions ?.Bitcoin Cash was created by the Bitcoin hard fork, the difference in Bitcoin block size is limited to 1 MB, while Bitcoin Cash is 32MB, another difference of course in terms of price, transaction fees and hashrate.
Alright, thank, it obvious that the transaction fee for bitcoin cash will always be lower since there is more blocksize.Yeah of course, Bitcoin Cash can hold more transactions per block. Therefore, the Bitcoin Cash network is able to process 100 transactions per second compared to Bitcoin which is only 14 transactions per second.
This is quite enlightening. My knowledge of both is limited to the fact that bch was created from bitcoin hard fork. Also that they have different prices and fees.Yeah of course, Bitcoin Cash can hold more transactions per block. Therefore, the Bitcoin Cash network is able to process 100 transactions per second compared to Bitcoin which is only 14 transactions per second.