What are the main differences between Bitcoin before and after the November hard fork?

3 answers

• McCarty McGarryMay 08, 2022 · 3 years ago
  Before the November hard fork, Bitcoin operated on a single blockchain. However, after the hard fork, Bitcoin split into two separate chains, resulting in the creation of a new cryptocurrency called Bitcoin Cash. This hard fork was primarily driven by disagreements within the Bitcoin community regarding the scalability and transaction speed of the network. As a result, Bitcoin Cash introduced larger block sizes, allowing for faster and cheaper transactions compared to Bitcoin. While Bitcoin remains the dominant cryptocurrency, Bitcoin Cash has gained its own following and is considered an alternative to Bitcoin.
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• Jimenez AstrupApr 26, 2024 · a year ago
  The main difference between Bitcoin before and after the November hard fork is the introduction of Bitcoin Cash. Bitcoin Cash was created to address the scalability issues faced by Bitcoin, as it allows for larger block sizes and faster transaction confirmations. This means that Bitcoin Cash can handle a higher volume of transactions and offers lower transaction fees compared to Bitcoin. However, it's important to note that Bitcoin Cash is a separate cryptocurrency and should not be confused with Bitcoin. Both Bitcoin and Bitcoin Cash have their own communities and use cases, so it's up to individual users to decide which one suits their needs better.
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• N RajuSep 16, 2023 · 2 years ago
  Before the November hard fork, Bitcoin was the only cryptocurrency that existed. However, after the hard fork, Bitcoin Cash was created as a separate cryptocurrency. Bitcoin Cash aimed to address the scalability issues of Bitcoin by increasing the block size limit, which allows for more transactions to be processed in each block. This results in faster transaction confirmations and lower fees compared to Bitcoin. It's worth mentioning that Bitcoin and Bitcoin Cash have different development teams and communities, and they operate on separate blockchains. While Bitcoin remains the more widely recognized and adopted cryptocurrency, Bitcoin Cash has gained its own following and has established itself as an alternative to Bitcoin.
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