What is the difference between Bitcoin Cash and Bitcoin?

What is the difference between Bitcoin Cash and Bitcoin?

Bitcoin Cash is the little sister of Bitcoin, so to speak. Without Bitcoin, there would be no Bitcoin cash, because the new currency is the product of a spin-off of Bitcoin, a so-called fork.

Until the time of the split, both currencies share a common history, written down in a database, the so-called blockchain. With the launch of Bitcoin Cash, there is now another strand of the virtual currency, which is no longer compatible with each other and work according to their own rules.

The spin-off has been preceded by a directional dispute within the community of Bitcoin supporters. An influential group of entrepreneurs and investors did not want to accept Bitcoin's technical limit, which means that roughly five transactions per second are roughly possible. With Bitcoin Cash, the editable transaction volume should increase. For this to be possible, far-reaching technical changes had to be made in the background, which made it necessary to split off the new currency.

Bitcoin itself is in circulation since 2009. Because neither Bitcoin nor Bitcoin Cash are currencies in the traditional sense, they are not subject to the same strict rules and regulations imposed by states or central banks as they are for euros or dollars.