Bitcoin Cash

Bitcoin Cash (known variously as BCH or BCC[1]) is a new cryptocurrency created on August 1, 2017, 00:20 UTC, in a hard fork, separation, process from Bitcoin (BTC).[2] During the creation process, all Bitcoin users had their private reserves duplicated, the duplicates being named "Bitcoin Cash", a cryptocurrency apart from the original Bitcoin, with distinct technical properties. It is governed by an alternative protocol that increases transaction capacity compared to "classic" Bitcoin, which is the main point of the fork.[3] This will be allowed thanks to the different block size of 8 MB. This block, larger compared to the original, aims to help fix the scalability problem, an alternative solution to that adopted by Bitcoin, the SegWit (Segregated Witness), the so-called controversial code optimization that will be activated in the main Bitcoin blockchain.