The Paradigmatic Case: Bitcoin Cash
In 2017, part of the community proposed increasing the block size to allow a greater number of transactions per second. This proposal clashed with those who defended keeping small blocks and scaling through off-chain solutions, such as Lightning Network.
The lack of consensus led to a hard fork:
The original chain retained the name Bitcoin (BTC).
The new version adopted the name Bitcoin Cash (BCH), with larger blocks and a more transactional orientation.
Both share the same history up to block 478559, but their approaches are substantially different.
Scalability
Layer 2 (Lightning Network)
On-chain scaling (large blocks)
Philosophy
Store of value
Everyday medium of payment
Governance
More decentralized
More concentrated among developers
Narrative
“Digital Gold”
“P2P electronic Cash”
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