Again some turbulence ahead on cryptocurrency world, Bitcoin price drops after the hard fork that gave origin to Bitcoin Cash.
Bitcoin cash came with the promise of a better world for users of digital money. The idea is that transactions will be faster and smoother, and also consequently, more profitable for miners. This update is a fork dedicated particularly to miners that so much depend on large and expensive hardware structures to be able to mine Bitcoin and thus provide a smooth flow of transactions over the network.
A consequence of this is that also users will be more happy with confirmation and transaction times. But, there’s a catch; this also means that the network is less secure.