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What is Bitcoin Cash (BCH)?

May 10, 2018 By admin_coin

What is Bitcoin Cash Crypto Currency?
What is Bitcoin Cash Crypto Currency?
A brief description of Bitcoin Cash.
Bitcoin Cash brings sound money to the world. 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.

Bitcoin Cash Video

The purpose of Bitcoin Cash 

Unfortunately we don’t have this data available.

Bitcoin Cash Abstract

Bitcoin Cash (BCH) is a hard forked version of the original Bitcoin. It is similar to bitcoin with regards to its protocol; Proof of Work SHA-256 hashing, 21,000,000 supply, same block times and reward system. However two main differences are the the blocksize limits, as of August 2017 Bitcoin has a 1MB blocksize limit whereas BCH proposes 8MB blocks. Also BCH will adjust the difficulty every 6 blocks as opposed to 2016 blocks as with Bitcoin. Bitcoin Cash is a proposal from the viaBTC mining pool and the Bitmain mining group to carry out a UAHF (User Activated Hard Fork) on August 1st 12:20 pm UTC. They rejected the agreed consensus (aka BIP-91 or SegWit2x) and have decided to fork the original Bitcoin blockchain and create this new version called “Bitcoin Cash”. Bitcoin Cash can be claimed by BTC owners who have their private keys or store their Bitcoins on a service that will split BCH for the customer.

More information can be found in the Bitcoin Cash whitepaper n/a

Other Bitcoin Cash facts

  • Trading symbol: BCH
  • Governance: Decentralized
  • Open source: Yes
  • Product status: Fully working product
  • Consensus method: Proof of work
  • Emmission rate: No new tokens created
  • Transactions per second:  Unfortunately we don’t have this data available.
  • Total Supply: 21,000,000
  • Release date: 2017-08-01

Usefull Bitcoin Cash links

  • Bitcoin Cash’s Website
  • Bitcoin Cash pricing data & fundamental Bitcoin Cash information
  • Bitcoin Cash’s Website
  • Bitcoin Cash official blog
  • Bitcoin Cash’s Bitcointalk Forum
  • Bitcoin Cash’s Reddit Forum
  • Bitcoin Cash’s block explorer
  • Bitcoin Cash’s Alexa site stats
  • Bitcoin Cash’s official forum: Unfortunately we don’t have this data available.
  • Bitcoin Cash’s Github code repository:
    https://github.com/Bitcoin-ABC/bitcoin-abc
    https://github.com/bitcoinclassic/bitcoinclassic
    https://github.com/BitcoinUnlimited/BitcoinUnlimited
  • Bitcoin Cash’s roadmap:
    n/a
  • Bitcoin Cash’s team page: n/a
  • Bitcoin Cash’s whitepaper: n/a

Filed Under: Bitcoin Cash Tagged With: Altcoin, BCH, Crypto, Currency, What is?

Other questions related to this cryptocurrency:

  • Is Bitcoin Cash (BCH) Centralized, Decentralized or Semi-Centralized?
  • What is the Consensus method of Bitcoin Cash (BCH)?
  • How can I contact the Bitcoin Cash (cryptocurrency) team?
  • Where to find Historical trading info and past performance on Bitcoin Cash (crypto)?
  • Where can I find fundamental analysis of Bitcoin Cash (BCH)?
  • Who is leading Bitcoin Cash (BCH) crypto?
  • How to buy Bitcoin Cash (BCH) cryptocurrency?
  • What is Bitcoin Cash (BCH)?

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