When Bitcoin Cash (BCH) was created, it shared the same address format as bitcoin . In an effort to alleviate any confusion for users of both digital currencies, BCH developers later proposed a new unique format for BCH addresses called CashAddr.
Read moreWhat is the difference between BTC and BCH?
The main difference is related to the block size of each network . While Bitcoin maintains its 1 MB block size, with Bitcoin Cash, block sizes have grown to 32 MB. This means that transactions on BCH now cost less than a penny and it can process as many as 200 transactions per second.
Read moreIs BCH a good investment?
Within 2 years, Bitcoin Cash has proven to be a good investment , ranking 28th among all cryptocurrencies by market capitalisation, according to CoinMarketCap. As a prosperous Bitcoin fork, BCH is predicted to grow further.
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