Bitcoin Cash

0 16
Avatar for Kimchie
1 year ago



Bitcoin Cash (BCH) is a cryptocurrency that was created as a result of a hard fork of the Bitcoin blockchain on August 1, 2017. The hard fork was necessary in order to solve the scalability issues that were facing Bitcoin at the time, such as high fees and slow transaction times.

One of the main differences between Bitcoin and Bitcoin Cash is the block size. While the block size of Bitcoin is limited to 1 MB, the block size of Bitcoin Cash is 8 MB, which allows for faster transaction processing and lower fees.

Another key difference is that Bitcoin Cash allows for the use of replay and wipeout protection, which helps to prevent transaction replay attacks and makes the cryptocurrency more secure.

Overall, Bitcoin Cash aims to be a faster and more practical version of Bitcoin that can be used for everyday transactions. It has gained a significant following since its launch and is now one of the top cryptocurrencies by market capitalization.

1
$ 0.00
Sponsors of Kimchie
empty
empty
empty
Avatar for Kimchie
1 year ago

Comments