Bitcoin Cash (BCH) is a fork of Bitcoin designed to enable faster transactions and lower fees, with a focus on everyday payments and accessibility.
BCH is a large-cap asset that represents the blockchain's native currency or monetary fee used to execute transactions on the network.
Bitcoin Cash has no dependencies.
BCH has a fixed supply. BCH is the native token of Bitcoin Cash, designed for peer-to-peer digital payments.
BCH, or Bitcoin Cash, is a cryptocurrency that emerged in 2017 as a hard fork of Bitcoin (BTC). Created to address Bitcoin’s scalability challenges, BCH increases the block size limit to enable more transactions per block, making it better suited for everyday payments. Its goal is to serve as a peer-to-peer digital cash system, staying true to the original vision outlined in Bitcoin’s whitepaper.
BCH operates on a decentralized blockchain similar to Bitcoin but with larger block sizes (currently 32MB compared to Bitcoin’s 1MB). This allows BCH to handle more transactions per second, reducing fees and congestion during high usage periods. BCH uses the same proof-of-work consensus mechanism as Bitcoin, relying on miners to validate transactions and secure the network. The blockchain also supports smart contracts and token issuance through the Simple Ledger Protocol (SLP), adding flexibility for developers.
BCH has a capped supply of 21 million tokens, the same as Bitcoin. As of now, approximately 19.5 million BCH tokens are in circulation, with new coins minted as rewards for miners. Like Bitcoin, BCH undergoes a halving event every four years, reducing the mining reward by half to control the supply and maintain scarcity. This deflationary model supports long-term value, assuming demand continues to grow.