Different interpretations of satoshi s vision. Beyond these technical differences both communities also have different beliefs when it comes to what satoshi s white paper intended. Although bitcoin and bitcoin cash may share the same mining algorithm they do have a different adjustable level of mining difficulty.
Thanks to the success of bitcoin the forked counterpart is frequently overlooked. Yet it s not nearly as popular. Although it s very similar it s much faster and typically has lower transaction fees.
Bitcoin cash is the forked counterpart that forked from bitcoin. The main difference between the two is the max blocksize limit which is limited to 1 mb in bitcoin whereas the block size is increased from 1 mb to 8 mb in bitcoin cash which accounts for faster transaction processing times and lower fees. For bitcoin the size of each block is limited to roughly 1mb but there have been examples of blocks successfully mined that are larger than this due to the benefits of the aforementioned segwit upgrade.
Arguably the main technical difference between bitcoin and bitcoin cash is the maximum block size allowed by each network. You can use these apps to make secure payments to compatible merchants. If you want to use your bitcoin or bitcoin cash you will first need to download an app that will allow you to use it.
Prices vary every day but the current cost of one bitcoin is 9 364 10 usd and one bitcoin cash is 379 41 usd. One bitcoin is equal to 24 66 in bitcoin cash. Bitcoin cash was started by bitcoin miners.
Bitcoin is limited by transaction processing time an issue which has caused rifts between factions within the bitcoin mining and developing communities.