Although initially, only a few people were quite sold with the idea of Bitcoin, the Bitcoin went on to become one of the most popular currencies to ever exist. The astonishing fact about this development was that it achieved its immense success all in a period of 7 years and it was not long after that, that people turned to Online Bitcoin Exchanges resulting in the widespread adoption of Bitcoin.

1. WHAT IS THE
DIFFERENCE
BETWEEN
BITCOIN AND
BITCOIN CASH
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2. W W W . E V O N A X . C O M
Today, the number of Bitcoin miners and
crypto enthusiasts who own Bitcoins and
employ its encrypted mechanisms for
trading lie somewhere in the range of
millions.
Undeniably, that is an incredible
advancement for cryptocurrencies and yet,
Bitcoin's dealing speed somewhere does
not quite live up to its name and lags
behind at around only 7 transactions and
that too only every second. As there were
many Bitcoin-crazed traders in the crypto
market in 2017, there were a significant
number of transactions that were being
instigated per second so it was a no-
brainer that something had to be done to
the transactional speed of Bitcoin
exchanges.

3. D E T E R M I N I N G T H E V A R I A T I O N I N T H E V O L U M E
O F B I T C O I N T R A N S A C T I O N S
W W W . E V O N A X . C O M
At one time, Bitcoin's Blocksize limit was
a mere 1 MB and today, it has gone upto 2
MB. Every person linked to the crypto
market seems to have only one question in
their mind for this - If so many people
wish to get trading with Bitcoins then why
are they not increasing the Blocksize limit,
let's say upto 820K MB?
Well this is because of the number of
eager crypto aficionados waiting in line to
partake in Bitcoin exchanges. Increasing
the Blocksize limit will do no good as more
the number of blocks, more will be the
data required to process a single
transaction.
Owing to this underlying issue,
decentralization will be imperative and the
small nodes on the network will not be
potent enough to keep up or handle the
increased data.

4. T H E R E S O L U T I O N F O R T H E B L O C K S I Z E I S S U E
W W W . E V O N A X . C O M
Since the issue of transactions was raised,
it pierced a hole in the Bitcoin industry as
it bore differences between two split
groups where one group asserted that
Bitcoin did not seem like a cash solution
for everyday buying and selling whereas
the other group purported that the Bitcoin
was meant to reach unimaginable heights.
To put rest to all such claims, Bitcoin was
split by "Hard Fork" simply to create a
new version that would be popularly
known as Bitcoin Cash. Utilizing the same
codebase, the Bitcoin Cash is much like
Bitcoin except it holds a Blocksize limit of
upto 8 MB. With such a vast transactional
limit, a roundabout of 2 million
transactions can be carried out per day
using Bitcoin Cash.

5. B I T C O I N V S . B I T C O I N C A S H - M A R K I N G T H E
D I F F E R E N C E S
W W W . E V O N A X . C O M
While Online Cryptocurrency Exchanges have
become extremely popular, it is important to
draw out notable differences between these
two top cryptocurrencies.
· Name
The creators of Bitcoin Cash have coined the
word "Cash" to "Bitcoin" not because it is
another variation of Bitcoin. No, they aim to
sustain Bitcoin Cash as a stand-alone
formofcash.
· Pros/Cons
Unlike Bitcoin, Bitcoin Cash holds a Blocksize
limit of upto 8 MB indicating that higher
number of transactions can take place a lower
price.
On the contrary, Bitcoin has a large number of
mining pools so no lone miner with about 50%
can hand regulate all of them single-handedly.
As Bitcoin Cash is centralized, this does not
make any sense as BCH has only 3 mining pools
that cumulatively form more than 51% -
Playing the stakes will be a hard call owing to
the fact that all the possible potentials of
Bitcoin Cash remain in the hands of these three
mining pools.

6. T E C H N I C A L D I S P A R I T Y
W W W . E V O N A X . C O M
As Bitcoin cash knows what it lacks in
comparison to Bitcoin because of its
centralized system's tendencies, it has
formed protect measures such as On-
Chain Scalability, Emergency Difficult
Adjustment (EDA) and New Transaction
Signatures that will bridge its cons and
finally, pose as a secure currency for all.
So, although Bitcoin is a great
cryptocurrency no doubt, Bitcoin Cash is
cited to be a future world domination
cryptocurrency that will mobilize the
market cap and give Bitcoin a huge run for
its money.