The cryptocurrency Bitcoin has forked and is now represented by Bitcoin and Bitcoin Cash and, while the underlying tech is mostly the same, the two currencies are very different.
To put it in as simple terms as possible Bitcoin Cash is an upgrade of sorts. The original Bitcoin network could only handle a certain amount of transactions, as the currency became more popular transactions slowed down and became more expensive.
The new arm of Bitcoin, Bitcoin Cash allows the network to grow. This is done by increasing the amount of data in each block in the Bitcoin blockchain.
Before yesterday Bitcoin could handle approximately three transactions per second with its 1MB of data per block, Bitcoin Cash ups that data per block to 8MB.
Is that 1MB to store the actual transactions or is that 1MB of the data results that were mined?