What is Bitcoin Cash? - A Beginner’s Guide
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- Опубліковано 27 лис 2024
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Bitcoin Cash was created as a result of a hard fork in the Bitcoin network. The Bitcoin Cash network supports a larger block size than Bitcoin (currently 32mb as opposed to Bitcoin’s 1mb).
Later on, Bitcoin Cash forked into Bitcoin SV due to differences in how to carry on its developments.
That’s Bitcoin Cash in a nutshell. If you want a more detailed review watch the complete video. Here’s what I’ll cover:
0:50 - Bitcoin forks
2:06 - Bitcoin's block size debate
3:35 - Big blocks camp
4:26 - Small blocks camp
5:16 - Small blocks vs. big blocks arguments
7:05 - How decisions are made in the Bitcoin network
10:14 - Block size debate resolution
11:06 - Bitcoin cash intro
11:28 - BTC vs. BCH
12:13 - Bitcoin Cash (ABC) vs. Bitcoin SV
13:09 - Conclusion
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