Bitcoin Cash and Bitcoin Relationship

What is the relationship between Bitcoin Cash and Bitcoin? This is an issue that many netizens are concerned about. Next, the editor of PHP will introduce the connection and difference betweenBitcoin and Bitcoin. Interested netizens should follow the editor to take a look!

Introduction to the connection and difference between Bitcoin Cash and Bitcoin

1. Bitcoin Cash and Bitcoin are closely related. They are both derived from Bitcoin. Branches of the blockchain.

2. When the Bitcoin network encountered congestion problems due to a surge in transactions, some developers proposed to solve the problem by increasing the block size, thus Bitcoin Cash was born.

3. Bitcoin Cash was born as a hard fork of Bitcoin in August 2017. It inherited the decentralization and security features of Bitcoin, but adjusted the block size to improve transaction processing. quantity.

4. Bitcoin Cash also uses a different consensus algorithm called Adjusted Proof of Work (AWA), while Bitcoin uses the traditional PoW consensus.

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