Transactions and Speedīitcoin is slow and clunky currently, making it more effective as a store of wealth than a transactional currency technology. It also lacks any unique features like other cryptocurrencies do to help it stand out against Bitcoin, for example, Ethereum’s smart contracts. The allure of free coins caused widespread Bitcoin FOMO, which ultimately led to the top put in around late 2017 when the crypto bubble popped.īitcoin Cash was created in an attempt to make Bitcoin faster and address scalability, but it has failed to reach the same level of adoption and market penetration. Anyone that owned a full Bitcoin at the time would also get a corresponding BCH coin in their wallet after the hard fork was completed. Bitcoin Cash didn’t arrive until 2017, right around when Bitcoin itself reached $20,000. Here are the rest of the key differences when comparing the cryptocurrency, which could result in more similarities than deviations.īitcoin itself was created by Satoshi Nakamoto, and technically, he also created Bitcoin Cash and any other fork given that it is all the same source code and merely a fork of the original Bitcoin blockchain.īitcoin was first launched in 2009, after the and whitepaper released in 2008. It is one of the many reasons slowing Bitcoin and crypto adoption, as new technologies are confusing enough for new users. Now Bitcoin Cash and Bitcoin SV are battling it out, rather than only Bitcoin Cash versus Bitcoin.īitcoin Cash, Bitcoin SV, Bitcoin Gold, Bitcoin Diamond, and the dozens of other hard forks that exist only stand to muddy up the cryptocurrency space and make Bitcoin more confusing for all who don’t understand the new, budding blockchain technology. Since Bitcoin Cash was created, the side that sought smaller block sizing split yet again to launch a Bitcoin Cash fork called Bitcoin SV (Satoshi’s Vision) that yet again is claimed to be the one true Bitcoin. One camp decided to garner enough support in the community to launch a hard fork of Bitcoin called Bitcoin Cash, which the cryptocurrency’s supporters claim is the one true Bitcoin the way Satoshi intended it to be. Along the way, in 2017, a subset of Bitcoin supporters in disagreement with how to handle block sizing in order to improve Bitcoin’s scalability and speed and offered an alternative. This guide comparing the cryptocurrencies will explain how to invest in Bitcoin or Bitcoin Cash, how to buy Bitcoin Cash or Bitcoin, how to trade the cryptocurrencies, and much more.īitcoin Cash Vs Bitcoin: What Are The Key Differences Between The Two Hard Forks?īitcoin and Bitcoin Cash are nearly identical in code and were born on the same original Bitcoin blockchain. ![]() ![]() In the end, ultimately, investors will decide with their money, which is the best. There are also several differences despite them being almost identical in code that makes one more ideal over the other. The argument between Bitcoin versus Bitcoin Cash and which to invest in is one that will be fought for years to come, but the proof between the two is in the charts and asset’s price history itself.
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