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Glossary
Bitcoin Cash (BCH)

Bitcoin Cash (BCH)

Beginner

    Bitcoin Cash (BCH) is a cryptocurrency and payment network that originated from a hard fork from the original Bitcoin blockchain. Created in August 2017, its infrastructure employs a Proof of Work (PoW) consensus mechanism like Bitcoin. 

     

    The BCH network uses bigger-sized blocks than Bitcoin, speeding up transaction processes and making it a more scalable payment network to transfer payments digitally. While the Bitcoin Cash price is well below that of BTC, it has a similarly limited supply of 21 million tokens which can be mined when new blocks get added to the network. Bitcoin Cash transactions are faster than Bitcoin, making it an attractive method to transfer payments online - the original use case for cryptocurrencies.

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