Bitcoin And Crypto Market Update: Massive Movements on the Horizon

in #lsdkhls • last year

The Bitcoin and cryptocurrency markets have been on a rollercoaster of price volatility and a series of big events over the past few weeks. But the latest developments will have a huge impact on the future of this burgeoning industry.

A Bitcoin Cash hard fork is currently underway, making BCH the third-largest digital currency by market capitalization after a fork from BTC. While there are many arguments on both sides of the debate, it is clear that there are significant differences between these two cryptocurrencies.

Bitcoin Cash (BCH) and Bitcoin (BTC): What's the difference?

The most obvious difference between Bitcoin Cash and Bitcoin is their respective blockchains. Both chains were created as replacements for his BTC, but with very different goals and objectives to pursue. BCH sees itself as an “on-chain scaling solution” for BTC, but BTC aims to improve on its predecessor with faster transaction speeds, cheaper fees, and simpler development tools.

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