Bitcoin Cash

Bitcoin Cash (BCH)

$1251.98 +1.91%

What is Bitcoin Cash?

Bitcoin Cash (BCH) is a hard fork of Bitcoin. It is similar to Bitcoin with regards to its protocol Proof of Work SHA-256 hashing and the same 21,000,000 coin supply, as well as the same block times and reward system. However, the two main differences are the blocksize limits, as of August 2017 Bitcoin had a 1MB blocksize limit whereas BCH proposed a 8MB blocksize limit. Bitcoin Cash was a proposal from the viaBTC mining pool and the Bitmain mining group to carry out a UAHF (User Activated Hard Fork) on August 1st 2017. They rejected the agreed consensus (SegWit2x) and decided to fork the original Bitcoin blockchain to create this new version called Bitcoin Cash. Bitcoin Cash aims to solve scalability issues experienced with Bitcoin.

Bitcoin Cash News

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