Vitalik Buterin Describes That BCH Is Not Same As Bitcoin

Steve Anderrson
Steve Anderson is an Australian crypto enthusiast. He is a specialist in management and trading for over 5 years. Steve has worked as a crypto trader, he loves learning about decentralisation, understanding the true potential of the blockchain. Join the official channel of thecoinrepublic, For the latest news updates: https://t.me/thecoinrepublic
  • Vitalik Buterin, the Ethereum co-founder, shared in a tweet that Bitcoin cash is not the same as Bitcoin.
  • Vitalik Buterin shared a tweet regarding all the cryptos stating that he supports any asset regardless of its price.
  • Bitcoin Cash (BCH) is still in the hold of bears at -2.29% with a market price of $375.34 with a market capitalization of $6,852,276,606 and a 24-hour volume of $3,086,628,272.

Vitalik Buterin, the Ethereum co-founder, shared in a tweet that Bitcoin cash is not the same as Bitcoin. However, his description of sharing BCH is not the same as Bitcoin is not showing that he hates BCH.

With the hard fork split of Bitcoin to BCH back in the year 2017, Vitalik responded positively. He shared on his twitter handle that BCH is a legitimate competitor to Bitcoin.

However, Bitcoin not able to maintain the optimum block fees for every increase in block size is a significant change in its before told plan, which is more equivalent to the Hardfork.

Many understood this response that Vitalik hates the BCH coin. The viewers on this tweet replied, stating that BCH is not performing as Bitcoin as it derived as a hard fork, so it should stop confusing the market with the name Bitcoin Cash.

But Vitalik replied to this as comparing BCH and Bitcoin together as one is entirely unrealistic, and the name Bitcoin Cash fits perfectly to the hard fork. Vitalik Buterin, however, shared a tweet regarding all the cryptos stating that he supports any asset regardless of its price.

Still, it should continue to maintain or takes product challenges seriously, and he is willing to change his ideological bias along with maintaining a commitment to decentralized core values that can push them to reach their goals.

Bitcoin Cash (BCH) is still in the hold of bears at -2.29% with a market price of $375.34 with a market capitalization of $6,852,276,606 and a 24-hour volume of $3,086,628,272. While it still holds the bears, it ranked at #4.

BCH has a circulating supply of 18,256,050 BCH out of the total moving amount of 21,000,000 BCH. The total Return on Investment of Bitcoin Cash stands at -32.48%. Altogether BCH is performing in a negative pattern.

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