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All Cryptos > Bitcoin Cash (BCH)

Bitcoin Cash (BCH)

#7

Bitcoin cash is a fork of Bitcoin that was created in August 2017. Bitcoin Cash increases the size of blocks, allowing more transactions to be processed per second.


Bitcoin Cash (BCH) Pros | 14

Increased block size allow many more transactions to be processed at once, increasing the speed and capacity of the network

Agree | 14
Disagree | 1
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Low transaction fees

Agree | 12
Disagree | 1
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Follows the original vision of bitcoins creator.

Agree | 12
Disagree | 4
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One of the few, if not only, successful hardforks of bitcoin

Agree | 7
Disagree | 3
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Is a continuation of the key principles that BTC core abandoned.

Agree | 5
Disagree | 2
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Bitcoin Cash (BCH) Cons | 13

Many are still confused as to the diferences between bitcoin and bitcoin cash

Agree | 8
Disagree | 4
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Has few large parties who advertise it as "Bitcoin" but it isn't since it isn't the longest chain and also doesn't have a large percentage of mining power.

Agree | 7
Disagree | 4
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Mining is largely decentralized by 3-4 large group of miners who were the ones who decided to support the fork in the first place. Monopolistic mining.

Agree | 9
Disagree | 6
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The non implementation of segwit protocol means BCH is not reasy to adopt further developments such as the lightning network

Agree | 8
Disagree | 6
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has brand confusion

Agree | 1
Disagree | 0
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