What is the difference between BCH and ABC in the cryptocurrency market?

3 answers

• Mar 18, 2022 · 3 years ago
  BCH and ABC are both cryptocurrencies, but they have some key differences. BCH, or Bitcoin Cash, was created as a result of a hard fork from Bitcoin. It aims to offer faster and cheaper transactions compared to Bitcoin. On the other hand, ABC, or Bitcoin ABC, is a software implementation of the Bitcoin Cash protocol. It is one of the main clients used by the Bitcoin Cash network. While BCH refers to the cryptocurrency itself, ABC refers to the software that supports it. So, in summary, BCH is the cryptocurrency, and ABC is the software that runs it.
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• Mar 18, 2022 · 3 years ago
  BCH and ABC are like two sides of the same coin in the cryptocurrency market. BCH is the actual cryptocurrency, while ABC is the software that powers it. Think of BCH as the money and ABC as the engine that makes it work. Without ABC, BCH wouldn't exist. They work together to enable transactions on the Bitcoin Cash network.
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• Mar 18, 2022 · 3 years ago
  BCH and ABC may sound similar, but they have distinct roles in the cryptocurrency market. BCH, or Bitcoin Cash, is a digital currency that aims to be a faster and more scalable version of Bitcoin. It was created to address some of the limitations of Bitcoin, such as slow transaction speeds and high fees. On the other hand, ABC, or Bitcoin ABC, is the software that implements the Bitcoin Cash protocol. It is responsible for validating transactions and maintaining the Bitcoin Cash network. So, while BCH is the currency, ABC is the technology behind it.
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