Greeting readers!

Hope you are with good health and safe with your family.Everyone know about Bitcoin Cash and Maybe some of us know about how BCH came into existence. Actually on noice cash i asked a question How BCH came into Cryptocurrencies world? So i got not a proper answer.

So from that day i thought that i would do complete research about BCH birth and would tell you the real event happened in 2017 called as Hard Fork and segregated witness and its amazing feature that make it unique from other cryptocurrencies. So without wasting time lets move towards article.

History Background problems

First Cryptocurrency came into existence in 2009 named as BTC(Bitcoin). It was first virtual currency in the world. Its was new Cryptocurrency but having a lot of problems.

Wasn't perfect scalability and having 1 Megabits storage. So this was small storage and trader and investor was facing its working speed problem. It had time and also transaction limit.

BTC have 3-7 transaction per second. So it was so hard to wait and very low process of transcation. Actually this problem when highlighted when a man in 2017 was waiting for his transaction ftom 4 days.So people started fear to lose their investment or BCH during long time of transcation. A third party hacker can steal their transcation because it took much time.

It also have high fee transcation and if they want to order a ice cream so they had to pay 25$ transcation fee. So it was big hectic for BTC holder and they are not going to pay this high transcation fee.

The story of Hard Fork

In may 2017 a man had been waiting for his transaction since last four days.

In August 2017 BTC split into two type one was original bitcoin and new coin was bitcoin cash. By doing this all problem was solved and its speed increase also storage moved from 1 megabite to 8 Megabite.

Those who don't know about hard fork, it is the only current known method of developer to updated bitcoin with different rules.

So question is that how this happened ?and how bitcoin split into two part? One was original BTC and second one was new block chain BCH. To understand this spliting process you need to understand about segregated witness.

What is segregated witness?

When BTC developer was facing transaction problem and also storage problem. They decided to separate some of the information files from block chain. Developer claim that it would free up a lot of storage space and block chain would able to do more transcation and confirmation time will decrease significantly.

Most of people think that was just complicated temporary solution to make BTC more productive more easy process. When compared to bitcoin white paper build super electronic cash system as unlimited approach,a team of developer decided to abandon the scared protocol and increase the block size limit 8 Megabite such a drastic change require their creation split from original bitcoin network. It was announced as hard work will take place on August 2017.

So as already described about hard fork. It is method to update block chain. Two type of block chain obtained in result of hard fork.

First was original BTC

Second was new block chain ⛓️

After split everyone who had bitcoin before the hard fork received same amount of bitcoin cash token so new Cryptocurrency was quickly adopted by investor. So as you know Bitcoin cash become world 10th largest Cryptocurrency today. Today market rank is 10.

BCH unique qualities which differ it from other cryptocurrencies.

BCH raise as more powerful,very good and more easy to use Cryptocurrency for main stream Cryptocurrency users.

Peer to peer transcation: BCH has very nice quality is that it can be send from individual to invidual. You directly pay the bills with BCH. This is unique quality of BCH than others cryptocurrencies. Other currencies need to exachange into dollar or other currencies but BCH no need of exchange.

Less transcation time : It take only few seconds if you want to send anyone or any corner of the world. In few minutes and second receive and send. But other cryptocurrencies take much time like 24 hours or one 48 hours. So in that time chance to loss it.

More secure: BCH has unique quality is that it need authorization without it you are not able to do transcation. Also have pin code without onwner no one can use it wallet.

Low transcation fee: This is another BCH unique quality it has niglible transaction fee. We easily can pay it for buying stuff. Developer conduct a test in December 2017 showed 99% more cheaper than any other Cryptocurrency.

No banking or government involvement:When we send BCH to any corner of the world we don't need any permission of bank and from government. It is use invidual to invidual by peer to peer transcation.

Easier to mine : BCH is another good quality is that it can mine so easily and user friendly than other cryptocurrencies.

Should i invest in BCH?

According to me i studied much deep about BCH. And you would shock about its raising speed. It is getting followers day by day and more reliable. And easy to to use as well as cheaper than other cryptocurrencies. So i am in complete favor of BCH investment.

But Some people think that this is evolved by hard fork. That was wrong with original BTC.So do your own research than make decisions to invest in BCH.

Closing thoughts!

With closing thoughts is that, BCH more trustable than other cryptocurrencies and user friendly. I always in favour of BCH because shocking is that have much much transaction fee. Day by day its market value also increasing.

viaBTC and hitBTC. These two markets are mining the BCH. In future you would see more.

It's value also increasing day by day and it is cheaper so we can easily make investment in BCH. I see it is going to moon and according to my prediction in next month it's value would cross 1800$ per BCH.

Thanks for reading and for your pricious time. If i made any mistake so please correct me because i am learning from all of you. And if you have any question than ask me in comments section. Awaiting for your comments ☺️

Regards from Aasi