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lundi 13 novembre 2017

Differences between bitcoin and bitcoin cash

On 1st August 2017 a hardfork took place on the bitcoin network and bitcoin was essentially split into 2 independent chains - bitcoin core (BTC) and bitcoin cash (BCH).
Each of these chains now has its own development team(s), market value and future scaling roadmap.

1) Bitcoin Core is positioned as a highly secure and decentralized store of value. Its main uses are trading, investment/speculation and its scaling roadmap concentrates on layer 2 solutions (such as Lightning Network)
2) Bitcoin Cash on the other hand aims to scale on-chain (e.g. via blocksize limit increases) providing lower transaction fees, which in turn means better support for e-commerce and micro-transactions.

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