Post
Topic
Board Bitcoin Discussion
Merits 4 from 1 user
Re: Bitcoin Relation To Bitcoin Cash
by
figmentofmyass
on 03/07/2019, 06:12:51 UTC
⭐ Merited by suchmoon (4)
Please clarify. Is Bitcoin Cash the same as regular Bitcoin? It seems to me that awhile ago Bitcoin owners were being encouraged to move their Bitcoin into Bitcoin Cash in order that they might receive twice as much return from it than if we left it in Bitcoin. Is that still the case?

bitcoin cash is just an altcoin that copied bitcoin's ledger and UTXO set. if you were holding bitcoins when the fork was launched in august 2017, you received an equal amount of bitcoin cash to the same addresses.

it's definitely not the same as bitcoin, which is why it's worth so much less.