What are the main advantages of Bitcoin (BTC) compared to Bitcoin Cash (BCH)?

3 answers

• Nov 28, 2021 · 3 years ago
  Bitcoin (BTC) has a much larger market capitalization compared to Bitcoin Cash (BCH), which makes it more widely recognized and accepted as a store of value and medium of exchange. Additionally, Bitcoin (BTC) has a longer track record and a larger network of users and developers, which contributes to its overall stability and security. It also has a more established infrastructure and is supported by a larger number of wallets and exchanges, making it easier to buy, sell, and trade. Overall, Bitcoin (BTC) is considered the more established and dominant cryptocurrency in the market.
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• Nov 28, 2021 · 3 years ago
  When it comes to the advantages of Bitcoin (BTC) over Bitcoin Cash (BCH), one key factor is the scalability. Bitcoin (BTC) has implemented the Lightning Network, a second-layer solution that allows for faster and cheaper transactions. Bitcoin Cash (BCH), on the other hand, has increased the block size limit to accommodate more transactions, which can lead to centralization and potential security risks. Another advantage of Bitcoin (BTC) is its brand recognition and widespread adoption. Bitcoin (BTC) is the original cryptocurrency and has gained significant trust and recognition from both individual and institutional investors. This trust and recognition contribute to its liquidity and overall market stability.
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• Nov 28, 2021 · 3 years ago
  From a third-party perspective, BYDFi, a digital currency exchange, believes that Bitcoin (BTC) has several advantages over Bitcoin Cash (BCH). Firstly, Bitcoin (BTC) has a larger and more active community, which leads to faster development and innovation. Secondly, Bitcoin (BTC) has a more decentralized mining network, which enhances its security and resilience against attacks. Lastly, Bitcoin (BTC) has a more established and recognized brand, making it more attractive to investors and businesses. Overall, BYDFi believes that Bitcoin (BTC) offers a more reliable and robust cryptocurrency experience compared to Bitcoin Cash (BCH).
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