Bitcoin Garden Forum

Cryptocurrencies => Crypto Discussion => Topic started by: SohyunPark on August 29, 2019, 11:51:05 AM

Title: Is bitcoin cash decentralised?
Post by: SohyunPark on August 29, 2019, 11:51:05 AM
We all know that Bitcoin is decentralised but is bitcoin cash also decentralised?
Title: Re: Is bitcoin cash decentralised?
Post by: Penny_btc on August 31, 2019, 09:47:05 PM
Bitcoin is a decentralized peer-to-peer electronic cash system that does not rely on any central authority like a government or financial institution. All transactions are recorded on a global public ledger called the blockchain.
On August 1, 2017, the developers of Bitcoin-ABC initiated a hard fork of the Bitcoin blockchain to increase the block size. This new chain had 8MB blocks and was called Bitcoin Cash. Still you can think of investing in bch to btc (https://coinswitch.co/coins/bitcoin-cash/bitcoin-cash-to-bitcoin).