RATE Group | Bitcoin Cash vs. Bitcoin | The Pros and Cons
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Bitcoin Cash vs. Bitcoin | The Pros and Cons

29 Jul Bitcoin Cash vs. Bitcoin | The Pros and Cons

Posted at 02:01h in Bitcoin News by

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Bitcoin Cash vs. Bitcoin

The history between Bitcoin and Bitcoin Cash is a contentious one, but we’re here to look at the advantages and disadvantages of each coin moving forward. We’ll examine the value proposition of each and their vastly different approaches to scaling. We’ll also dissect branding and levels of decentralization. Finally, we’ll line up the competition and see where the coins are headed in the near future. Will one coin win out? Or can BTC and BCH exist in harmony in the competitive world of cryptocurrency?

Bitcoin’s Value

Satoshi’s message embedded into the first Bitcoin block provides a clear motivation for the creation of a decentralized currency. “The Times 03/Jan/2009 Chancellor on brink of second bailout for banks.” After the 2008 banking collapse and subsequent bailout with taxpayer money, clearly, Satoshi was fed up with government and banking control of currency.

Bank Bailouts

Satoshi embeds The Times’ headline into the genesis Bitcoin block.

It’s deeply…

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