Bitcoin Cash (BCH) Price, Info & Live Chart

• Bitcoin Cash description

Bitcoin Cash (BCH) is a hard fork of Bitcoin that was created in 2017 to address some of Bitcoin’s scalability issues, particularly its slow transaction times and high fees. The main difference between Bitcoin and Bitcoin Cash is the size of the blocks in their respective blockchains. While Bitcoin has a 1MB block size limit, Bitcoin Cash increased this limit to 8MB, allowing for more transactions to be processed per block. This change significantly improved Bitcoin Cash’s transaction throughput, making it a more practical cryptocurrency for everyday use. Bitcoin Cash aims to serve as a peer-to-peer electronic cash system, similar to Bitcoin’s original vision as outlined in Satoshi Nakamoto’s whitepaper. Its increased block size allows for faster, cheaper transactions, making it ideal for small-scale transactions like buying coffee or making payments online. Additionally, the network has since increased the block size further, and now supports blocks of up to 32MB, ensuring that it can handle even more transactions as adoption grows. Despite its split from Bitcoin, Bitcoin Cash retains many of the same features, such as a decentralized network and a limited supply of 21 million coins. However, the debate around block size and scalability remains a point of contention in the cryptocurrency community, with some preferring Bitcoin’s more conservative approach and others favoring Bitcoin Cash’s emphasis on usability for everyday transactions. Bitcoin Cash continues to be one of the top cryptocurrencies, offering an alternative for users looking for faster, lower-cost transactions while maintaining the decentralization and security of Bitcoin.

• Summary

• Symbol: BCH
• Chain Name: htx-token
• Token Address: 0xef3cebd77e0c52cb6f60875d9306397b5caca375


• Website: Official Website
• Source Code: Coin Source Code
• Explorer: Coin Explorer
• Announcement: Announcement Channel