power being concentrated in the hands of companies that can afford more and better equipment. Bitcoin Cash aims to continue this vision of bringing sound money to the world. Block sizes of less than 10 KB are common, and there is an occasional block less than. Decentralized, nobody controls or owns Bitcoin. Stable, a payment system that's a proven store of value. Since segwit was a soft fork, both legacy nodes and segwit nodes can continue to operate on the same network.
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Breaking down Bitcoin Cash. This has resulted in groups creating separate blockchain ledgers using new standards, called a fork. In the same scenario above, when 100 of the transactions in a block were segwit transactions, and the block was between 2-3mb, legacy nodes would still only receive 1mb of that data, because it is only the raw transaction data. Read the Whitepaper, the Bitcoin Cash Roadmap. Also, the Bitcoin Lightning Network is maturing and can handle as much transaction volume as Bitcoin needs without increasing on-chain transactions or block size. However, segwit transactions cannot be validated by legacy nodes, since they do not have access to the signature data, and have to assume that they are valid transactions. Spend Bitcoin Cash, view More, how can my business use Bitcoin Cash? Working together, we can build a technical foundation to empower Bitcoin Cash to be the best money the world has ever seen.
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