Posted: 01.07.2021 | 14:06
What are the differences between Bitcoin and Bitcoin Cash?
BITCOIN VS BITCOIN CASH
Bitcoin and Bitcoin Cash are two separate cryptocurrencies. The content of two cryptocurrencies, such as lahmacun and pita, is the same, but the taste is slightly different. Bitcoin Cash is derived from Bitcoin, shares the same white paper, has the same amount of supply, the same mining algorithm and even the same reward system.
Both Bitcoin and Bitcoin Cash aim to be a cryptocurrency that is wanted to be accepted in the world. However, they have technical differences in terms of scalability solutions.
|Founder||Satoshi Nakamoto||Bitcoin Unlimited|
|Solution to Scalability Problem||SegWit, Lightning Network||Block Capacity Increase|
Although Bitcoin and Bitcoin Cash have the same mining algorithm, they differ in the difficulty of mining. Along with the technical differences mentioned above, the communities have different ideas and philosophies. Bitcoin aims to be a decentralized, transparent and trustworthy platform against censorship. The Bitcoin Cash community, on the other hand, aims for a user/consumer preferred world and puts this before decentralization.