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What is the difference between Bitcoin and Bitcoin Cash?

While Bitcoin typically processes between 3-7 transactions per second, Bitcoin Cash has the capacity to process as many as 200 transactions per second. This helps to reduce the cost per transaction and increase transaction speed and reliability. Bitcoin Cash transactions typically cost less than a penny.

How much does it cost to use Bitcoin Cash?

Bitcoin Cash transactions typically cost less than a penny. By comparison, the median on-chain Bitcoin (BTC) transaction fee has been in the range of $1-15 since 2020. Bitcoin Cash developers can use smart contract languages like Cashscript to enable more complex functions than the basic transactions that are possible on Bitcoin.

What is Bitcoin Cash (BTC)?

Key Takeaways Bitcoin is a cryptocurrency that exists within a network of computers, within the blockchain. Bitcoin cash was started by bitcoin miners and developers concerned about the future of the bitcoin cryptocurrency, and its ability to scale effectively.

What is Bitcoin Cash SV (BCH)?

Bitcoin Cash SV is led by Craig Wright, who claims to be the original Nakamoto. He rejected the use of smart contracts on a platform that was meant for payment transactions. The drama prior to the latest hard fork was similar to the one before forking Bitcoin Cash from Bitcoin in 2017.

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