Bitcoin Cash : Fork, Block, Split and the noise

Bitcoin cash was created by forking or splitting bitcoin. According to coinmarketcap.com, the value of bitcoin cash was $370 while bitcoin was valued at $2760 as of Aug 4. The main difference between bitcoin and bitcoin cash is the increase in the block size and code. For instance, block size of bitcoin is 1MB while block size of Bitcoin cash is 8MB. Why there bitcoin cash now when you have bitcoin already? The new crypto currency has emerged from different school of thought. One way to explain the two sets of currencies would be an analogy of road- bitcoin being the expressway with bitcoin cash emerging as small adjacent lane it’s up to you which road you want to take . A section of bitcoin miners in the cyrptocurrency world believe in increasing the block size and in the new version of bitcoin but a majority don't however when you increase the block size without demand it increases the cost of handling the network and make it more expensive. The term splitting can be confusing. In the equity market, stock split simply means that if stock at $ 10 was split into two, you would have two stocks of $5 each. In bitcoin, splitting refers to moving away from the current path to new one. In fact it builds a different ecosystem controlled by two protocols. This is not first time a cryptocurrency has split. For instance, Ethereum was split in Aug 2016 and hence gave rise to ehereum and ethereum classic. ethereum is currently trading at $226, while Ethereum classic is trading at $15.