Bitcoin Cash (BCH) is the first peer-to-peer Cryptocurrency that provides no confirmation and low transaction fees. Bitcoin Cash was forked from Bitcoin Core (BTC) last year and its network will also experience a hard fork on may 15th, this year.
A few months ago, Many people were considering Bitcoin Cash (BCH) as replacement to Bitcoin Core (BTC) because BTC transaction fees were very high. I guess a good number of them have changed their minds about this though. I consider BCH to be an Altcoin like any other, maybe I'm wrong to do so.
In anyways, here are some of the reasons why I think Bitcoin Cash will be great:
Bitcoin Cash is poised for a Massive breakout
The Cryptocurrency market has gained over 56% of its market over the last seven days and BCH is the highest gainers among the current top five cryptocurrencies. Bitcoin Cash has been one of the highly traded Cryptocurrencies with the most popular trade to by a landslide being Bitcoin Core (BTC) for Bitcoin Cash (BCH).
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The Bitcoin Cash blockchain is at the tipping point of becoming a widely used public blockchain, explained the mining operation Antpool this past Friday.
Support
No other Cryptocurrency has got the support that Bitcoin Cash had in a short time frame. Bitcoin is supported by all major exchanges and well known companies like Microsoft support and Newegg accept Bitcoin Cash as a means of payment for their services. BCH has reputable and well-known wallet providers and also has six full node implementations.
Low Cost For Transactions
Bitcoin Cash network provides very low or cheaper transaction fees as compared to many other Cryptocurrencies including Bitcoin Core (BTC). The cost of transaction fees will further reduce as the network will be upgraded to 32 MB block size next month.
More Features
More features will be added to the Bitcoin Cash Blockchain during the block size upgrade on may 15th. This features will allow users to be able to fit many transactions within a block.
Also, new operation codes which will enable tokens and smart contracts to be created, will be added as well.
Disclaimer
I'm not a financial adviser and I only present my findings/actions. This post is in no way a financial advise but if you see it as one, you are doing so in your own risk.
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While Bitcoin Cash and Bitcoin Core keep fighting who is the real bitcoin. Ethereum will beat both.
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