How to compare Bitcoin Cash with other blockchains
Compare Bitcoin Cash with other chains on speed, fees, scalability and security, and date every figure because fees and hashrate change often.
Vahe HakobyanEditor-in-chief
Updated Oct 6, 20263 min readFact-checked
On this page
- Speed is block time plus required confirmations.
- Fees and hashrate change, so date each reading.
- Hashrate and node spread show attack resistance.
Bitcoin Cash is a fork of bitcoin created in 2017 by supporters who wanted larger blocks as a way to scale. A blockchain is a distributed ledger of blocks linked by cryptographic hashes, and its nodes follow a consensus protocol to add and validate them. Bitcoin Cash uses proof-of-work mining.
Comparing it with another chain means asking the same questions about both, then writing down the answers with the date you found them.
The four measures that matter
Apply the same four measures to every chain. Speed is block time plus the confirmations a service waits for. Fees follow demand for space in a block. Scalability is how a chain handles more use, and security is how hard its history is to rewrite.
What you need before you start
Fees and confirmation times change often, so read them at one moment and write the date beside each figure. Most bitcoin transactions get their first confirmation between 10 and 60 minutes after being sent.
How to compare Bitcoin Cash step by step
Run the same checks on Bitcoin Cash and on each chain you compare, and record every result with its date.
- 1Check speed and confirmationsNote the block time and the confirmations a service requires before a payment is final.
- 2Compare fees at one momentRecord a standard fee on each chain at the same moment, and note the date.
- 3Review how each chain scalesSee whether it scales with larger blocks, layers, or another design.
- 4Read hashrate and node spreadHigher hashrate and less concentrated mining make a proof-of-work chain harder to attack. Many nodes support decentralization.
- 5Compare smart contracts and tokensCheck the token standard a chain uses and what its contracts can do. Bitcoin Cash added CashTokens in 2023.
After you compare: records and safety
Keep your notes in one file, such as a spreadsheet, and back it up. A dated row for each chain shows whether a figure is current.
- Use a strong password on the account
- Back up the file to a second place
- Keep seed phrases and keys out of it
Frequently asked questions
It is a public search tool that lists a blockchain's blocks, transactions and the fees paid in them. Open the same one for each chain and record fees and confirmation times.
They move from block to block when demand shifts, so check them live and note the moment.
A chain is decentralized when no single operator controls the nodes and miners that produce blocks. The wider the spread, the harder it is for one party to censor payments or rewrite the record.
