of the most important factors of a truly decentralized currency. Notes: 10 minute average confirmation time is due to hash rate fluctuations. Though, in their FAQ section, Bitcoin Cash says that they have replay protection in place, but we are not sure how effective it is as it is still not been tested in live. Use hardware wallets like Ledger Nano S and Trezor if you can, to access your Bitcoin Cash ( aka BCH coins). If you do, then whats the difference between a business and a crypto? Bitcoin Cash, ticker symbol: BCH. Some of the benefits features of Bitcoin Cash This on-chain increase in the ability of Bitcoin Cash provides several benefits to its users against Bitcoin, but these benefits come at a huge price that its users have to pay. So if you wish, you may skip this part. Multiple users, miners, and developers are clinging to multiple solutions to solve the overarching Bitcoin scaling debate. Some of you who are old players of the crypto-sphere must have benefitted from this sudden rise and fall, but I think its not good for newcomers, and its not healthy for Bitcoin in the long term.
Bitcoin Cash Compared to Bitcoin Core: Infographic. 250,000-425,000 transactions per day (2.9-4.9 transactions per second) Data used to achieve max capacity: Up to 4MB Average transaction fee: Currently 3, but fluctuates often. When fees are low, it makes sense to use Bitcoin to pay for a cup of coffee, or to buy a song for 1, or to perform the digital equivalent of putting change in a tip jar. Replay and Wipeout Protection. The official date and time for the fork is: Fork Date: 12:20.m.