Bitcoin Cash adoption in Taiwan
<p>Bitcoin Cash was created from the Bitcoin network at block height of 478,559, introducing a new currency with a distinct block size. BCH raised the block size limit to 8 megabytes (MB), enabling more transactions in each block. This larger block size was intended to enhance transaction speed and affordability, making Bitcoin Cash more suitable for everyday use.</p>
<p>Subsequently, Bitcoin Cash underwent a network upgrade in November 2018, further increasing the block size to 32 megabytes (MB). This upgrade aimed to enhance scalability and accommodate even more transactions per block.</p>
<p>The larger block size in Bitcoin Cash enables greater transaction throughput compared to Bitcoin, potentially leading to faster confirmation times and lower transaction fees. However, it also necessitates higher storage and bandwidth requirements for running a full node on the Bitcoin Cash network.</p>
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