Bitcoin (BTC) vs Bitcoin Cash (BCH)
Bitcoin (BTC) vs Bitcoin Cash (BCH), two coins that came from the same blockchain but offer distinct solutions. In 2017, Bitcoin experienced a “hard fork,” meaning that a group of developers decided to take the currency in an entirely new direction. What is Bitcoin and what is Bitcoin Cash? Do you know the difference between the two? Bitcoin (BTC) vs Bitcoin Cash (BCH) are far from the same thing. Bitcoin vs Bitcoin Cash: Two Answers to One Problem Before 2017, there was only one kind of Bitcoin (BTC), and it was facing a big problem: could it scale enough to be used as actual currency? The issue of Bitcoin’s scalability, which gave us Bitcoin vs Bitcoin Cash, goes back to its structure. For a Bitcoin exchange to occur, i.e., for it to be added to the blockchain, another party has to verify it. The verification process is called ‘consensus.’ When asking, “What is blockchain,” the most important thing to remember is that blockchain is decentralized. Transactions that occur on it