So today guys I am going to tell you about bitcoin cash and some of it's fact.
Bitcoin plays a major role in today's world and you also might have crossed through it in a day.
Bitcoin cash can be called as hard fork of the cryptocurrency bitcoin which led in the creation of a new cryptocurrency. Now some of you might be thinking that what is hard fork of bitcoin means here. It's not a cause of worry friends . I will tell you-all
when a blockchain splits into two incompatible separate chains then it is called a hard fork. For example, Ethereum has hard-forked to "make whole" the investors in The DAO.
Some argue that Bitcoin Cash is “better” than Bitcoin because it often has faster transactions, lower fees, and is more profitable to mine. This argument is however misleading.
Most of Bitcoin Cash mining is done out of Korea and the bulk of the coin is owned by just a few people.
I actually support the concept of forks and Cash. I think that those who can’t agree should be able to break off and compete with Bitcoin. Healthy competition makes both coins stronger, gives “free coins” to Bitcoin holders, and gives users an other alternative.
Thank you guys and if you have any query just reply and follow @cryptocharmer
Helpful post. Keep posting like this.