Why is BCH not as good as ETH (which one is more worth investing in)

BCH Why is it not as good as ETH? Editor’s note: This article comes from Blue Fox Notes (ID: lanhubiji), authorized reprint of Odaily Star Daily.

Recently, there have been some small episodes in the Bitcoin Cash network, causing Bitcoin’s market share to drop below 75%. Why is BCH not as good as ETH? The reason why BCH is not as good as ETH is because it has more competitive advantages. However, compared to it, ETH is weaker. ETH is better than BCH in many aspects. For example, Ethereum and Bitcoin Cash are similar projects, so the gap between the two is also relatively large. Therefore, if you want to fork ETH, you still need to merge all the branches together. Of course, if you look at it from a certain level, can ETH surpass BCH? The answer is simple, because ETH’s consensus is more decentralized than BTC. And ETH is also a new blockchain implemented through proof of stake, and its technical feature is not as secure as Bitcoin. In addition, slow transaction speed, high fees, and lack of trust are the main reasons hindering the development of Bitcoin. At the same time, since ETH is not widely adopted, the price difference between ETH and BCH will continue to increase. However, over time, this situation will gradually ease. Although ETH has not completely replaced the word Bitcoincash, it also has its own unique sayings elsewhere. For example, Bitcoin’s Lightning Network makes many people believe it is the payment system of the future, but now they think it is just a game changer. One of the largest protocols on Ethereum has brought a new asset standard to Bitcoin Cash, which is the issuance of digital currency. Bitcoin Cash supports smart contracts and can run verification programs on it. The developers of Bitcoin Cash hope to create a decentralized autonomous organization (DAO) under the Bitcoin chain. Currently, more than 1000 nodes are using this software, which means that these users can directly purchase Bitcoin Cash through wallet applications, thereby benefiting the entire community. However, despite this, Bitcoin SV still has great appeal because it provides enough network to store BTC and ETH data.

Bitcoin Cash already has a large user base, including many participants such as the most popular Bitcoin miners in the world, who have started to use their Bitcoins as a store of value. With the launch of Bitcoin Cash, people began to realize that they were becoming “encrypted gold” rather than substitutes, commodities, or just a peer-to-peer email. “Trust” and “anonymity” have always been two main issues: “How to determine if there is a public good?” Bitcoin Cash must also consider privacy issues, especially for those who are not familiar with Bitcoin. Bitcoin Cash is not a real currency form, but open source code used to record private transactions and block information.

Which one is more worth investing in, BCH or Ethereum?

According to coinmarketcap data, as of now, the market value of Bitcoin Cash (BCH) is about 400 million US dollars. In comparison, Ethereum is ranked 11th in market value.

According to CoinMarketCap data, on February 10, 2019, the price of BCH reached $6.89, a drop of about 10% from its highest point, while ETH also hit a historical high during the same period. As of the beginning of 2019, Ethereum’s total market value in the cryptocurrency market has exceeded 20 billion US dollars. Therefore, in terms of investment return, which one is more worth investing in?

1. Ethereum: BCH and Ethereum are both public chain projects, and the transaction fees of both are relatively low. The transaction fee on the Ethereum network is more than 1 cent per transaction, which means it is almost negligible, so investors should choose to use BCH or ETH for investment.

2. The large transaction volume and high transaction fees on the Ethereum network have led to a high number of users and activity, but the price of Ethereum has been hovering between $400 and $1400.