Cryptocurrency has evolved now that more people are getting into it, and Bitcoin Cash started in Aug. 2017.
What happened was the size of blocks were increased which allowed for more transactions to be processed.
There are two forms of Bitcoin Cash:
- Bitcoin Cash ABC
- Bitcoin Cash SV
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What are the difference between Bitcoin and Bitcoin Cash?
Bitcoin Cash was created for daily transactions using Bitcoin between people.
Eventually, Bitcoin became a way to invest more than a type of currency.
The blockchain wasn’t originally built for a large number of transactions, so Bitcoin Crash was created.
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The new system increased the size of blocks from 8 MB to 32 MB.
This made transactions per block between 1,000 and 1,500.
In 2018 the most done when testing it out was 25,000 per block.
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