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RE: Bitcoin vs Bitcoin Cash vs Bitcoin Gold vs Bitcoin Diamond vs Bitcoin Private (English/Turkish)
I choose Bitcoin Cash because it has low transaction fees
- Without being affected by their names, Bitcoin Cash, Bitcoin Gold, Bitcoin Diamond, Bitcoin Private, and others are not the same thing as Bitcoin. They’re based on Bitcoin, and are carry by on its name, but they’re different coins. They are worth however much people value them.
Bitcoin and all its forks are priced by the market - Bitcoin Cash has low fees and quick transaction times. Bitcoin Cash clasp a larger block size, which means the network can support more transactions. It’s currently the most valuable Bitcoin hard fork. Bitcoin Cash is the fourth most valuable coin after (Bitcoin), (Ethereum), and (Ripple) as of April 16, 2018
- Bitcoin Gold gear another problem the increasing centralization of Bitcoin mining that requires specialized hardware and makes it impossible for the average person to mine.
- Bitcoin Diamond mixed together a number of features to create a “better Bitcoin,” including Segwit and the Lightning network (from Bitcoin), larger block sizes (from Bitcoin Cash), and a GPU-optimized mining algorithm (similar to Bitcoin Gold). It also promises some privacy by encrypting the values of each transaction. People can’t see how much currency is being sent in any given transaction by scanning the public blockchain. Bitcoin Diamond is the 16th most valuable coin and second most valuable Bitcoin hard fork and as of April 16, 2018, beating Bitcoin Gold.The Bitcoin Diamond fork took place on November 24, 2017.
- Bitcoin Private is a hard fork of Bitcoin, but it’s also a merge with the Zclassic. At the time of its hardfork if you had 10 Bitcoin and 10 Zclassic, you ended up with 20 Bitcoin Private as well. BTCP is the 37th most valuable coin and fourth most valuable Bitcoin hard fork as of April 16, 2018. The Bitcoin Private fork took place on February 28, 2018
Correct. Appreciate it