![]() That's where the first difference between Bitcoin and Bitcoin Cash would emerge. To allow more transactions to be processed, part of Bitcoin’s developers proposed increasing the block size. Since it has limited space and a relatively set processing time, the number of transactions it can include is immutable. The Bitcoin block size has always been set at one megabyte, meaning that the Bitcoin network can process approximately seven transactions per second.Ī blockchain block contains the records of transactions approved by the node network. The fork happened when the solution for processing more transactions per day needed to be implemented. This scaling issue became something that Bitcoin developers and community needed to address, if the cryptocurrency was to have a future.īitcoin and Bitcoin Cash before the split were part of the same project and community. This became evident when the number of Bitcoin transactions per day began to increase extremely quickly. Currently, the average number of Bitcoin transactions per day is approximately 280,000.īitcoin wasn't initially designed to be used as a currency on such a large scale. The Bitcoin network has a specific speed limit and capacity of how many transactions it can process per day. Bitcoin Cash, we first have to talk about Bitcoin's ability to adapt to an increasing number of transactions. ![]() Bitcoin and the Scaling Issueīefore we pit Bitcoin vs. We'll also explore which one might be a better investment for you. This article will compare Bitcoin (BTC) and Bitcoin Cash (BCH) and explain the difference between the two cryptocurrencies. One such change occurred in August 2017, in the form of a hard fork in the Bitcoin blockchain, which created Bitcoin Cash. The cryptocurrency world is in rapid expansion, and that means constant change.
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