Tx Watch is a real-time Bitcoin and Bitcoin Cash transaction visualizer.
As each network operates, Tx Watch listens to the transactions and blocks in real time, then represent them as squares which pleasantly move across the screen. The larger the value of the transactions, the larger the square.
If you watch for long enough (~5 minutes) you'll likely see a block, and several million dollar transactions go by!
To represent the larger block size supported by Bitcoin Cash
The blocktime on both BCH and BTC is on average, one every 10 minutes. But that's only an average.
There can be - and often are - times where 5 blocks are found in a 10 minute span, and others where no blocks are found for over an hour.
This variance is due to the difficulty, total hash-rate, and pure luck.
The mempool stats and the tx information come from different sources. Sometimes the tx real-time data doesn't fully come through, so not every transaction is shown; this will improve soon.
The mempool count stat comes directly from a full-node operator, so that should be the more accurate metric
The number of transactions which fit into each Bitcoin (BTC) block is limited to ~1-2MB worth of transaction data.
As such, each transaction must outbid the other transactions if they want to be confirmed quickly. Which leads to a fee economy and rapidly increasing miner fees while the network is congested
Due to the sub-cent fees on BCH, it is a great blockchain to build secondary solutions and tokens on.
Many of these micro transactions are related to social media (memo.cash), writing small amounts of immutable data for apps, and for secondary token protocols such as Simple Ledger Protocol (SLP)
If there's demand and available API's for more coins we will look into adding more coins. Let us know
BCH Transaction & Block Data: Bitbox SDK Sockets
BTC Transaction & Block Data: Blockchain Socket API
Mempool and transaction fee data: Blockchair API