Bitcoin Cash propositions of making some improvements on the promises of Bitcoin that wasn’t attained are yet to come to fruition. For instance, the promise of increasing the blocksize to hasten procession of the transaction is yet to be accomplished. The most significant one is regarding the block size.
The standard size of blocks bitcoin cash blockchain mining is not as large as the regular block size of bitcoin mining. The smaller block size implies that the proposition of bitcoin cash to create larger block sizes that would make the processing of more transactions needs to be put into some technical tests.
Besides, bitcoin transactions now charge lower fees. So, Bitcoin cash still competes favorably for day-to-day expenses with its competitors on Bitcoin Reddit including the bitcoin cash. Also, there are other altcoins that launched with the aim of being a means of daily transactions. Such cryptocurrencies like Litecoin has made the proposition of Bitcoin Cash of being means of daily exchange not very significant.
These altcoins have partnered with other organizations and governments locally and internationally to stake projects. For instance, Litecoin partnered with organizers of the event, professional organizations. Cryptocurrencies like Dash noted that they have gained solid ground in Venezuela and other countries with weak economies.
Although the splitting of bitcoin cash from bitcoin account was a major blow, the Bitcoin app is only popular in the cryptocurrency world. It is yet to gain massive mainstream adoption like Bitcoin USD which has made it to the mainstream. When the level of bitcoin cash on the blockchain is compared with that of bitcoin, bitcoin transactions are still leading it greatly.
