The article below offers a comparative study on the two so that you can have a better understanding of which one to invest in. Launched in , Bitcoin is a trailblazer in the cryptocurrency scene.

The biggest cryptocurrency to date, BTC was developed to introduce a cutting-edge decentralized P2P electronic cash that is based on advanced. Given its decentralized infrastructure, Bitcoin cannot be governed or controlled by any single authority. All the Bitcoin transactions are recorded in a decentralized global immutable and encryption-guarded blockchain-based ledger.

As a result, no one can alter or censor BTC transactions which makes them way safer compared to traditional fiat money. But, one of the major drawbacks of BTC is its extremely restricted block size limit which is a mere 1 MB. It was not a problem initially but as the coin started gaining traction, this limited block size proved to be insufficient to manage an increased flow of transactions on a daily basis.

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No wonder, the crypto world started looking for options that can beat the scalability issue of Bitcoin and assure better speed. It led to the birth of more competitive coins like Bitcoin Cash among many others. Interestingly, Bitcoin Cash was launched in through Bitcoin hard fork to present a coin with better scalability than Bitcoin.

Bitcoin and Bitcoin Cash: A Study Between the Two Major Crypto Coins

Later on, the block size was further scaled to an even grander 32 MB. Talk of doubling the size of blocks from 1 MB to 2 MB ramped up in and , and, as of February , the average block size of bitcoin increased to 1. By January , however, block size has declined back toward 1 MB on average.

In September , research released by cryptocurrency exchange BitMex showed that SegWit implementation had helped increase the block size, amid a steady adoption rate for the technology. Bitcoin Cash is a different story. Bitcoin Cash was started by bitcoin miners and developers equally concerned with the future of the cryptocurrency and its ability to scale effectively.

However, these individuals had their reservations about the adoption of a segregated witness technology. They felt as though SegWit2x did not address the fundamental problem of scalability in a meaningful way, nor did it follow the roadmap initially outlined by Satoshi Nakamoto , the anonymous party that first proposed the blockchain technology behind cryptocurrency. Furthermore, the process of introducing SegWit2x as the road forward was anything but transparent, and there were concerns that its introduction undermined the decentralization and democratization of the currency.

In August , some miners and developers initiated what is known as a hard fork , effectively creating a new currency: BCH. BCH has its own blockchain and specifications, including one very important distinction from bitcoin. In , the maximum block size for BCH was increased 4x to 32MB, but actual block sizes on Bitcoin cash have remained only a small fraction of the 32MB limit. Bitcoin Cash is thus able to process transactions more quickly than the Bitcoin network, meaning that wait times are shorter and transaction processing fees tend to be lower.

The Bitcoin Cash network can handle many more transactions per second than the Bitcoin network can. However, with the faster transaction verification time comes downsides as well. One potential issue with the larger block size associated with BCH is that security could be compromised relative to the Bitcoin network. Similarly, bitcoin remains the most popular cryptocurrency in the world as well as the largest by market cap, so users of BCH may find that liquidity and real-world usability is lower than for bitcoin.

The debate about scalability, transaction processing, and blocks has continued beyond the fork which led to Bitcoin Cash. In November of , for example, the Bitcoin Cash network experienced its own hard fork, resulting in the creation of yet another derivation of bitcoin called Bitcoin SV. Bitcoin SV was created in an effort to stay true to the original vision for bitcoin that Satoshi Nakamoto described in the bitcoin white paper while also making modifications to facilitate scalability and faster transaction speeds.

The debate about the future of bitcoin appears to show no signs of being resolved. Visa, Inc. Accessed Jan. Brave New Coin. Bitcoin SV. Your Privacy Rights. To change or withdraw your consent choices for Investopedia. At any time, you can update your settings through the "EU Privacy" link at the bottom of any page.

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Other Cryptocurrencies. Bitcoin Value and Price. Cryptocurrency Bitcoin. Key Takeaways Bitcoin is limited by transaction processing time, an issue that has caused rifts between factions within the bitcoin mining and developing communities.