Microsoft supports bitcoin cash
There are two relations between bitcash and bitcoin: bitcash is the bifurcated and competitive currency of bitcoin{ RRRRR}
Second, competitive currency. As the name suggests, they are two competing currencies. It is just like the competition of two kinds of homogeneous goods in the market, competing for market share. In the virtual digital currency market, the market share is so large that more people hold one kind of currency, the number of people holding another kind of currency will be relatively reced, forming a competitive relationship between you and me
in these two relationships, competitive currency is easier to understand, while forked currency is more difficult because it is a technical problem
is the relationship between the two currencies clear now
bitcoin cash is the proct of the competition for bitcoin expansion. It is a large block version of bitcoin. At present, it has been expanded to 32m. In the short term, it is impossible to have the problem of network congestion, and bitcoin cash will continue to expand according to the market demand
bitcoin is still locked in 1m block size, which leads to the congestion of bitcoin network, and the number of unprocessed transactions is amazing. Isolation verification and lightning network have not solved the problem of bitcoin network congestion.
1. They hype themselves and pave the way for their bifurcating bitcoin. For example, Liao Xiang, who once strongly opposed big blocks, paid big money, and they all bifurcated bitcoin
2. Misled by the core development team, the melon eaters regard the miners as a group of criminals
3. The core development group's opposition to BCH is not only a divergence of development roadmap, but also a dispute of interests. The lightning network promoted by the core development group can make the gold owners behind it profit through the lightning network.