What are the advantages of using BCH instead of BTC?

3 answers

• Jan 01, 2022 · 3 years ago
  One of the main advantages of using Bitcoin Cash (BCH) instead of Bitcoin (BTC) is its faster transaction speed. BCH has a larger block size limit, which allows for more transactions to be processed per block. This results in faster confirmation times and lower transaction fees compared to BTC. Additionally, BCH aims to offer lower fees for everyday transactions, making it more suitable for day-to-day use.
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• Jan 01, 2022 · 3 years ago
  Another advantage of BCH over BTC is its scalability. Bitcoin Cash has implemented a feature called 'Schnorr signatures' which allows for more efficient use of block space. This means that BCH can handle a higher volume of transactions without congesting the network. In contrast, Bitcoin's limited block size has led to scalability issues and higher fees during peak usage periods.
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• Jan 01, 2022 · 3 years ago
  From a third-party perspective, BYDFi, a digital currency exchange, believes that Bitcoin Cash (BCH) offers several advantages over Bitcoin (BTC). BCH provides faster and cheaper transactions, making it more suitable for everyday use. Additionally, BCH has a strong community and development team working on improving its features and usability. However, it's important to note that both BCH and BTC have their own unique strengths and it ultimately depends on individual preferences and use cases.
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