Just like Bitcoin, Bitcoin Private will support peer-to-peer transactions without an intermediary. These transactions will be verified by network nodes through the use of cryptography and recorded in a public ledger.
Bitcoin Private will use the same privacy technology as ZClassic (zk-snarks). This means payments are published on a public blockchain, but the sender, recipient and other transactional metadata remain unidentifiable.
Bitcoin Cash is essentially a clone of the existing Bitcoin blockchain with one important feature: additional block size capacity (more on that later). Those who owned Bitcoin before the split now own an equal amount of Bitcoin Cash, meaning Bitcoin Cash and Bitcoin each now have 16.5 million units in circulation.
Bitcoin Cash brings sound money to the world, fulfilling the original promise of Bitcoin as "Peer-to-Peer Electronic Cash". Merchants and users are empowered with low fees and reliable confirmations. The future shines brightly with unrestricted growth, global adoption, permissionless innovation, and decentralized development.