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You could get tips for writing articles and comments, which are paid in Bitcoin Cash (BCH) cryptocurrency,
which can be spent on the Internet or converted to your local money.
Bitcoin cash was launched on August 1, 2017. It is a hard fork of Bitcoin. It was created because developers could not agree on certain problems that were happening to the Bitcoin Blockchain. The problems came from the fact that Bitcoin was growing faster than expected and the Blockchain could not handle the speed it was growing. On July 21 2007 Bitcoin miners created a software upgrade known as the Bitcoin Improvement Proposal (BIP). This would enable second-layer solutions on the blockchain such as the Lightning Network. A big difference between miners was over the running of nodes. Large block supporters wanted to make it so only private companies, non-profits, and universities could operate nodes. This was not acceptable to a large amount of Bitcoin supporters. Bitcoin supporters wanted blocks to stay small so nodes could be operated with fewer resources. This would be the main reason BCH was created.
*Edit* - I had some of my information wrong above.
BTC developers wanted to artificially restrict that growth by keeping the blocksize very limited. This is what caused the resulting problems (congestion, high fees, loss of marketshare). Of course we knew it was a strategy to push people towards solutions marketed by Blockstream, who employed some high level Bitcoin Core developers. Solutions like Liquid sidechain and the Lightning Network. The big problem, from what we could see, was re-introduction of intermediaries and negative impacts on adoption and growth of BTC due to these unproven and less popular solutions.
Bitcoin Cash is decentralized and permissionless. It is an open network that allows people to connect with each other without intrusion.
Bitcoin Cash was first named Bitcoin ABC under the first implementation. Mining pool ViaBTC suggested the name Bitcoin Cash.
*Edit* - When BCH was created there were already 4 implementations that supported the network:
Bitcoin Cash (BCH) is built on the same blockchain as Bitcoin. Some people say it is an upgrade to Bitcoin and some people think it is a spin-off and not worth the time.
Bitcoin cash is a step up from Bitcoin when it comes to TPS (Transactions per second). Bitcoin can only achieve 7 TPS which is slow compared to other Blockchain projects. Bitcoin Cash has been made to be faster than Bitcoin which is why some people think it is an upgraded version of Bitcoin. Bitcoin cash can achieve 116 TPS. This is almost 16X the speed of Bitcoin.
There are multiple wallets and exchanges where you can buy, sell, and exchange Bitcoin Cash.
Another thing that has come along with Bitcoin Cash is SmartBCH. This is a way for Bitcoin Cash to get into the Defi World. This is a side chain of Bitcoin Cash. It is compatible with Ethereum's EVM and Web3 API and provides high throughput for DApps in a fast, secure, and decentralized manner.
There is no ICO and no smartBCH Coin. Smart Bitcoin Cash will not introduce new tokens. Its native token is BCH, and its gas fees are paid in BCH. - Source
Bitcoin Cash has a lot more to it than Bitcoin does. It is fast and also has ways to implement BCH into dApps.
There also are two amazing social Blockchain projects that use this Blockchain to connect and reward people for interacting and posting.
noise.app - This link is only good for 25 people and only lasts 7 days so if you have problems signing up just leave a comment and I will send another link.
Bitcoin Cash has a bright future and I do not see it going anywhere any time soon. You need to be careful what projects you invest in, but I think as long as Bitcoin is around then BCH is not going anywhere.
Bitcoin is said to be a store of value while Bitcoin Cash is meant to be spent.
What do you think the future holds for Bitcoin Cash?
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