Spotlight Growth
No Result
View All Result
Friday, February 3, 2023
  • Home
  • News
    • Bio/Med/Pharma
    • Cannabis
    • Commodities
    • Consumer Goods
    • Crowdfunding
    • Cryptocurrency
    • Crypto Cheat Sheets
    • Earnings
    • Entertainment
    • Financials
    • Market News
    • Opinion
    • Politics
    • Technology
    • Venture Capital/Private Equity (VC/PE)
  • Video
  • Stock and Crypto Screener
  • Home
  • News
    • Bio/Med/Pharma
    • Cannabis
    • Commodities
    • Consumer Goods
    • Crowdfunding
    • Cryptocurrency
    • Crypto Cheat Sheets
    • Earnings
    • Entertainment
    • Financials
    • Market News
    • Opinion
    • Politics
    • Technology
    • Venture Capital/Private Equity (VC/PE)
  • Video
  • Stock and Crypto Screener
No Result
View All Result
No Result
View All Result
Home Cryptocurrency

Cryptocurrency Civil War – Bitcoin (BTC) Versus Bitcoin Cash (BCH)

by admin
May 29, 2018
in Cryptocurrency
0
Bitcoin Vs Bitcoin Cash Debate News

Bitcoin Vs Bitcoin Cash Debate News

Bitcoin’s (BTC) code is the basis for an entire genre of cryptocurrency. Dozens of altcoins are based on the original legacy blockchain, but only one tried to hard fork and replace it. Bitcoin Cash (BCH) is a derivative of the original chain that separated from the main community in 2017. The Bitcoin Cash group did not trust upcoming proposed changes – including the somewhat controversial Segregated Witness system. As such, they hard forked the Bitcoin blockchain and created their own currency, which has gained considerable ground since.

Unfortunately, Bitcoin Cash or BCH does not present itself as a new currency. Advocates of the fork are insistent that it is a full replacement for the original blockchain. BCH tends to sit right at 10% of the value of the original chain, while consistently placing in the top 5 cryptocurrencies by market cap. BCH is also available for trade on the largest exchanges, including a much-coveted spot on Coinbase.

Bitcoin Cash’s Media Takeover

While Bitcoin’s development team rely mostly on the blockchain’s sheer momentum, Bitcoin Cash did not have that option. In their attempts to supplant the core Bitcoin project, they have had to enact a full-scale media blitz. Their greatest triumph lay in their control of www.bitcoin.com. Although they’ve received flak for perceived deception, the site undoubtedly provides a major avenue of investment for the newer Bitcoin fork.

Source: LeapRate
Source: LeapRate

Further, Roger Ver is one of the more active faces of cryptocurrency on social media. His high level of activity helps keep Bitcoin Cash afloat, despite several high-profile problems over the past quarter. This includes one point where joke cryptocurrency Dogecoin exceeded BCH’s transaction volume. Bitcoin Cash successfully established itself as a functioning, investment-worthy cryptocurrency. However, to survive into the future of the blockchain industry, they’ll need to prove that they bring something to the table that Bitcoin does not.

Segregated Witness

At the heart of the BTC vs. BCH conflict lay the Segregated Witness system. While only a theoretical update when the fork occurred, SegWit is now up and running on the Bitcoin blockchain. Through a clever means of rearranging the codebase, the individual size for each block on the chain could be altered – slightly. As Bitcoin began suffering serious scalability issues at the end of 2017, the increase of each block from 1 megabyte to 1.8 is still substantial. Coupled with the Lightning Network platform coming into service, many of the traffic issues that plagued BTC are a thing of the past. As such, BCH now has a much steeper hill to climb before they can claim to be the true Bitcoin.

Tags: BCHbiotechBitcoinBitcoin Cashbitcoin corebitcoin.comblockchainBTCcivil warcommon stockcryptoCryptocurrencydigital currencyemerging growthEthereumhard forkhodlinvestmentLightning NetworkmarketingmedianewsSegregated WitnessSegWitservicessmall capsSpotlight GrowthSpotlight Growth Stockstech
  • Trending
  • Comments
  • Latest
Asure Software NASDAQ ASUR Human Capital Management HCM Industry Spotlight Growth

Asure Software (NASDAQ: ASUR) is Expanding to Meet the Rising Demand for Human Capital Management Software

September 27, 2022
OLB Group NASDAQ OLB Cuentas NASDAQ CUEN Partnership Fintech Spotlight Growth

OLB Group (NASDAQ: OLB) and Cuentas (NASDAQ: CUEN) Team Up to Bring Fintech Solutions to Over 32,000 Bodegas Across the United States

October 6, 2022
Siyata Mobile NASDAQ SYTA SYTAW SD7 VK7 Purchase Orders Spotlight Growth

New Purchase Orders for SD7 Rugged Device, VK7, and Other Accessories Boost Siyata Mobile’s Outlook (NASDAQ: SYTA)

December 14, 2021
Telcoin TEL Crypto Spotlight Growth

Telcoin (TEL) Quietly Leads a Crypto Remittance Revolution

June 15, 2021
Cybersecurity Stocks Coming Into Focus Amid High-Profile Attacks

Cybersecurity Stocks Coming Into Focus Amid High-Profile Attacks

0
Safe-T SFET NASDAQ UN Presentation

Safe-T (NASDAQ: SFET) Has Been Selected to Present at the United Nations’ Office of Information and Communications Technology Event

0
Safe-T Group SFET Q4 FY 2020 Financial Results

Safe-T Group (NASDAQ: SFET) Reports Fourth Quarter and Full Year 2020 Financial Results

0
Safe-T Group NASDAQ SFET FY 2020 Prelim

Safe-T Group Ltd. (NASDAQ: SFET) Estimates Record-High Annual Revenues of Approximately $4.9 Million Representing ~50% Growth YoY 2020

0
Elys Game Technology Corp NASDAQ ELYS Completes Acquisition of Engage IT Services Spotlight Growth

Elys Game Technology Corp (NASDAQ: ELYS) Completes Acquisition of Engage IT Services, a Software Engineering and IT Development Company

February 2, 2023
Tenax Therapeutics NASDAQ TENX US Patent Levosimendan PH-HFpEF Spotlight Growth

Tenax Therapeutics (NASDAQ: TENX) Granted U.S. Patent for IV Levosimendan for Pulmonary Hypertension with Heart Failure and Preserved Ejection Fraction (PH-HFpEF)

February 2, 2023
Versus Systems NASDAQ VS Resolve Debt Partner AI Gamification Consumer Debt Spotlight Growth

Versus Systems (NASDAQ: VS) and Resolve Debt Partner to Integrated Generative AI and Gamification to Customer Payments and Credit Markets

February 1, 2023
Finding the Most Accurate Technical Analysis Indicator Spotlight Growth

Finding the Most Accurate Technical Analysis Indicator

January 31, 2023
ADVERTISEMENT

Recent News

Elys Game Technology Corp NASDAQ ELYS Completes Acquisition of Engage IT Services Spotlight Growth

Elys Game Technology Corp (NASDAQ: ELYS) Completes Acquisition of Engage IT Services, a Software Engineering and IT Development Company

February 2, 2023
Tenax Therapeutics NASDAQ TENX US Patent Levosimendan PH-HFpEF Spotlight Growth

Tenax Therapeutics (NASDAQ: TENX) Granted U.S. Patent for IV Levosimendan for Pulmonary Hypertension with Heart Failure and Preserved Ejection Fraction (PH-HFpEF)

February 2, 2023

Categories

  • Bio/Med/Pharma
  • Cannabis
  • Commodities
  • Consumer Goods
  • Crowdfunding
  • Crypto Cheat Sheets
  • Cryptocurrency
  • Earnings
  • Education
  • Entertainment
  • Financials
  • Market News
  • Opinion
  • Politics
  • Real Estate
  • Split Watch
  • Sponsored
  • Store
  • Technology
  • Uncategorized
  • Venture Capital/Private Equity (VC/PE)

Site Navigation

  • Disclosures
  • Terms Of Service
  • Privacy Policy
  • Contact Us

Copyright © 2017-2022 Spotlight Growth. All Right Reserved. Designed by Cool Cat Interactive.

No Result
View All Result
  • Home
  • News
    • Bio/Med/Pharma
    • Cannabis
    • Commodities
    • Consumer Goods
    • Crowdfunding
    • Cryptocurrency
    • Crypto Cheat Sheets
    • Earnings
    • Entertainment
    • Financials
    • Market News
    • Opinion
    • Politics
    • Technology
    • Venture Capital/Private Equity (VC/PE)
  • Video
  • Stock and Crypto Screener

Copyright © 2017-2022 Spotlight Growth. All Right Reserved. Designed by Cool Cat Interactive.

Newsletter Signup

Subscribe to our weekly newsletter below and never miss the latest small/micro-cap analysis and investment news from Spotlight Growth.

Enter your email address

Thanks, I’m not interested