5 Cryptocurrencies Redditors are Buying in April

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1. Bitcoin Cash

Bitcoin Cash is a cryptocurrency launched in 2017. It is a spinoff of Bitcoin, the biggest crypto coin in terms of market capitalization. Bitcoin Cash aims to solve one of the biggest problems associated with Bitcoin — slow transaction speeds. Since Bitcoin Cash is faster than Bitcoin, wait times on the network are automatically reduced. This leads to lower fees per transaction as well, translating into two big advantages over the parent coin. One of the ways the coin achieves quicker processing is by increasing the size of blocks. 

The founders of Bitcoin Cash aim to make the network more competitive with payments giants across the world that usually charge high fees for international transactions. By increasing the size of blocks, the Bitcoin Cash network can perform these transactions quicker than these services. The network aims to process 25,000 transactions per second. 

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