Future of Bitcoin Cash: Opportunities and Challenges
Predicting the future of Bitcoin Cash (BCH) is a complex and uncertain task, but there are several important factors that investors and hobbyists can consider to evaluate BCH’s potential.
1. Technology: Bitcoin Cash utilizes Bitcoin's technology, but with major enhancements. With faster transaction speeds and lower transaction fees than Bitcoin, BCH may pique the curiosity of the user and investor communities.
2. Mining Profitability: Bitcoin Cash mining is more profitable than Bitcoin mining due to its proven network advantage. The movement of miners from Bitcoin to Bitcoin Cash is resulting in a more robust mining infrastructure, which is helping to boost Bitcoin Cash's growth.
3. Widely Accepted: Bitcoin Cash is gaining popularity for online payments. BitPay's support has made it easier to use BCH in online transactions for products and services.
4. Infrastructure Development: The Bitcoin Cash community is actively constructing infrastructure for BCH. The Telegram tipping bot beta – Tipmebchbot — is an excellent example of these efforts, which are helping to enhance the convenience and use of Bitcoin Cash in online currency trades.
Despite the numerous hurdles that lie ahead, Bitcoin Cash continues to pique the curiosity and hope of investors and potential customers.
Source : https://medium.com/@nam_75040/future-of-bitcoin-cash-opportunities-and-challenges-1b6a3ee8db8e