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In an attempt to alleviate some of Bitcoin’s consumer demand, Bitcoin Cash was created after a “hard fork” of the Bitcoin blockchain on August 1, 2017. Although BCH can process more transactions than BTC in the same time period, it does so at the expense of an increase in storage and bandwidth requirements, and some argue this could lead to centralization - the very thing that Bitcoin set out to avoid. The development of Bitcoin Cash is not spearheaded by a single developer but rather multiple independent teams of developers.
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