What is Bitcoin Cash?
Bitcoin Cash was created as a Bitcoin fork in 1 August 2017 with Roger Ver being one of the team members. The idea and purpose of Bitcoin Cash as stated by its developers is, to improve the scalability problems of Bitcoin. It uses proof-of-work system to create new coins. It has a block creation time of 10 minutes in average and block size of 8MB. Bitcoin Cash is pseudo-anonymous, meaning that every address is public but, it is not hard to track the addresses. Bitcoin Cash also has transaction fees which, miners get by verifying transactions. The technology used in bitcoin cash is very limited on creation of smart contracts. Bitcoin Cash can handle up to 28 - 34 transactions per second.