Bitcoin Cash (BCH) is a fork of Bitcoin that appeared in August 2017. Its advocates describe it as the "real future of Bitcoin", claiming that the current BTC coin is obsolete and can't be used properly. Let's compare the two coins below.
No. of transactions processed per second:
BTC: Limited to 7 transactions per second
BCH: Can handle more than 100 transactions per second.
BTC: 0
BCH: 1
Transaction fees:
BTC: $3-4 USD
BCH: $0.0012 USD
BTC:0
BCH:2
Transaction time:
BTC: Hours, up to days in some cases.
BCH: 10 minutes or less.
BTC: 0
BCH:3
That's why I personally believe that Bitcoin has become obsolete as a currency and is more like of an asset for "hodling". Who in their right mind would make payments with a currency that takes hours to go through? That's why I believe BCH will replace BTC one day.
No. of transactions processed per second:
BTC: Limited to 7 transactions per second
BCH: Can handle more than 100 transactions per second.
BTC: 0
BCH: 1
Transaction fees:
BTC: $3-4 USD
BCH: $0.0012 USD
BTC:0
BCH:2
Transaction time:
BTC: Hours, up to days in some cases.
BCH: 10 minutes or less.
BTC: 0
BCH:3
That's why I personally believe that Bitcoin has become obsolete as a currency and is more like of an asset for "hodling". Who in their right mind would make payments with a currency that takes hours to go through? That's why I believe BCH will replace BTC one day.