Bitcoin was designed so that no one group or person could control it. Bitcoin’s decentralized design has many advantages, but things can get tricky when there are disagreements with the community about the best way forward.

Such disagreements have led to more than 100 Bitcoin forks.

Not all of those forks have led to new networks, but of those that have, Bitcoin Cash is probably the best known.

What is Bitcoin Cash?

Bitcoin Cash is a modified version of Bitcoin that runs on its own blockchain network. It works in almost the same way as Bitcoin, but there are several key differences.

The largest difference is block size, or how much transaction information a single block on each chain can handle.

On the Bitcoin network, each block is 1 MB in size. Immediately after the Bitcoin Cash fork, the Bitcoin Cash block size was 8 MB, eight times bigger than on the Bitcoin network. In May 2018, Bitcoin increased its block size again, this time to 32 MB.

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Author: Matt Hussey,Joseph O’Neill

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