Bitcoin cash offers a larger block that holds more data, meaning faster and cheaper transactions according to supporters of the new rival. Bitcoin cash, an offshoot of bitcoin that includes many of the technical upgrades being debated by developers, had more than doubled in the same period. Bitcoin cash offers a larger block that holds more data, meaning faster and cheaper transactions according to supporters of the new rival. Bitcoin handles about seven transactions a second, compared with around 2,000 for Visa. Swiss structured products houses Vontobel AG and Leonteq Securities AGwill said Thursday they’ll offer separate products that will allow investors to profit if the price of bitcoin tumbles.

Source: Mint November 17, 2017 01:30 UTC