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« on: July 04, 2019, 05:56:25 PM »
Also, Bitcoin Cash was created to overcome two of the major challenges being faced by Bitcoin. These two aspects have a significant impact on Bitcoin Cash price prediction, so let’s take a quick look at them:
Scalability: Due to the huge rise in popularity, Bitcoin has started to face some serious scalability issues. Bitcoin’s network is currently only able to processing 7-10 transactions per second.
Bitcoin Cash solves this problem by increasing the “block size”. This allows Bitcoin Cash to process a higher number of transactions per second when compared to Bitcoin.
Cost of transactions: Transaction fees are a major concern for Bitcoin users. Currently, the average transaction fee for Bitcoin is around $1.31, whereas it sits around $0.125 for Bitcoin Cash