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Bitcoin Cash (BCH) is a clone of an older version of Bitcoin on which the developer team continues to evolve and modify certain parameters.
Understand Bitcoin Cash.
What is Bitcoin Cash ?
Bitcoin Cash (BCH) is a clone of an older version of Bitcoin that a team of developers is still working on, including a different block size. The idea is to be able to accommodate more transactions in the parent blockchain without having to resort to “off-chain” solutions like the Lightning Network deployed on Bitcoin.
The challenge of “on-chain” scaling
Bitcoin Cash is the result of a split in the Bitcoin community over differing opinions on how to scale the Bitcoin network. The community supporting Bitcoin Cash is in the minority, and believes that scaling should not be done through secondary networks like the Lightning Network, but rather through other methods, such as increasing block sizes. For example, Bitcoin Cash has 32 MB blocks, not the 1.8 MB blocks of Bitcoin.
An agressive marketing
Bitcoin cash is a project driven by influential people and entities in the Bitcoin ecosystem such as Roger Ver and former Bitmain CEO Jihan Wu. Roger Ver owns bitcoin.com, and refers to Bitcoin Cash as “the real Bitcoin”. This is obviously not true because Bitcoin is a community project. The real Bitcoin is the one that is carried by the majority of the community and not by the minority. The teams behind Bitcoin Cash can thus confuse newcomers.
All about Bitcoin Cash.
Bitcoin is an open-source, community-based project. The power to make decisions does not rest with any one person or organisation but must be achieved by global consensus.
What is decentralised finance?
The value proposition behind XTZ staking is of course strong and of interest to major market players.
What is a cryptocurrency wallet?
A wallet is software that allows you to send, receive, control, and secure your crypto assets.