Bitcoin Cash Prices-
About Bitcoin Cash-
Bitcoin Cash is an evolution of Bitcoin that resulted in a hard fork in the chain in 2017. A fork happens when the original code of blockchain is updated and some, but not all of the nodes (computers) on the blockchain accept it. The original nodes remain the same, and the split becomes a new branch and a new blockchain (like Bitcoin Cash). The differences in Bitcoin and Bitcoin Cash are mainly philosophical, but revolve around the size of blocks, the information contained in the blocks and the addition or exclusion of certain security protocols. Both cryptocurrencies use the same mechanism of consensus and are equally capped at 21 million coins.
So what does Bitcoin Cash offer that is different than Bitcoin’s offerings? a 1MB size limit on Bitcoin blocks allows for time and space between transactions that serves as an added layer of security. Basically, when it began, Bitcoin was more vulnerable to hacks due to many small transactions quickly spamming the system, so they limited the size of a block to keep this from happening. But as the company grew, this ended up making transactions take longer and cost more. Bitcoin Cash promises larger block sizes and differing security measures. This means cheaper transfers, faster transfers and more transactions per second.
That being said, Bitcoin still has more confidence in market investors, more users, and is more widely accepted, making it the cryptocurrency of choice for many. Ironically, Bitcoin Cash faced its own hard fork in 2018, over similar developer disagreements and Bitcoin Cash became Bitcoin Cash and Bitcoin Cash SV (Satoshi Vision). Some people see the future of Bitcoin Cash as an investment as stable and bright, while others are not so confident and view Bitcoin as more of an investment and Bitcoin cash as a more usable day-to-day currency.
As always, if you are interested in Bitcoin Cash, do your research. You can start here if you want to learn more: https://www.bitcoincash.org/.