Since the rise of Bitcoin, there have been some concerns about its ability to scale effectively. Bictoin is a cryptocurrency that exists in a network of computers in the blockchain itself. This is called the revolutionary ledger technology. The problem with it is that it is very, very slow. Bitcoin can process only 7 transactions per second. Other transactions take more than 10 minutes to process. And as much as the network grows bigger, the waiting time also gets longer, because the technology itself does not change to the newly occurred situation.
Bitcoin cash, however, is something else. It is a hard fork of Bitcoin because it was created by bitcoin miners and developers who were really concerned with the future of bitcoin. They were afraid that SegWit technology doesn’t solve the fundamental problem with the scalability. This can only mean any number of things for the future of both currencies. Since the market valuations are very volatile and the situation is very fluid, it is very difficult to really know what Bitcoin cash will achieve before it runs for a little while.
We can only wait and see. Try visiting this website so you can find more information about every cryptocurrency.
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