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BCH and the birth of it

**Bitcoin Cash (BCH) Wallet** Download Bitcoin.com Wallet to store BCH and other digital assets. Multi-chain and multi-currency, one-stop management. **Introduction to BCH** BCH (Bitcoin Cash) is a fork of Bitcoin (BTC). The main difference is the "block capacity". The current block capacity of BCH is 32 MB, while BTC is 4 MB (using SegWit). Learn more  **BCH Vision** As a peer-to-peer electronic cash, BCH aims to enable new economies with low fee micro-transactions, large business transactions, and permissionless spending.   **BCH Wallet** BCH wallet can help manage your BCH assets, including balance inquiry, transfer, etc... The most important component for a wallet is the private key. Once you control the private key, you can control the assets at the corresponding BCH wallet address. • Wallet • Bitcoin.com

Your bitcoin address format would displayed as: **bitcoin:1GPLSbbcZ632Xhjxtc1s19YX2w1q46xBzt** **BCH Trading** You can get BCH in various ways. The easiest way is to buy. There are many cryptocurrency exchanges on the market that allow you to buy BCH, but users need to choose the preferred exchange according to location and payment method. Before buying BCH, try to understand the purchase methods & risks, so that you can complete the purchase process in a safer and quicker way. 🔸Exchanges that support the purchase of BCH Coinbase Bitcoin.com

**Use BCH Address Format** BCH has three address formats: Cash Address, Legacy Address and BitPay Address. ImToken currently supports Cash Address and Legacy Address. 🔸Cash Address (Recommended) BCH developers launched Cash Address and promoted it in the community. Cash Address address format: bitcoincash:pqf5erazmcuejz4zkljea6ym2xc3yeeqxs7fmza6t5 The prefix bitcoin cash indicates the network type, which can be added or not added, and does not affect the transfer. 🔸Legacy Address BCH is derived from the hard fork of BTC. It inherits the address format of BTC. This type of address is called a Legacy address. It starts with 1/3 and is case sensitive. Many exchanges use addresses beginning with 1.  **BitPay Address** BitPay address is an address format developed by BitPay, which has not been widely accepted and has been abandoned. The addresses in these three formats correspond to the same public key, but the encoding methods are different from each other and can be converted to each other.

You can use https://bch.btc.com/tools/address-converter to convert the three formats.  **BCH Transaction** Please make sure that your BCH wallet has sufficient assets and the balance is enough to cover the miner fees required for the transfer.   **BCH Mining** Anyone can participate in BCH mining. The essence of mining is to process transactions by calculating hashes, to ensure the security of the BCH main network and to keep the account information of the entire network consistent. **The Birth of BCH** Bitcoin can only process about 7 transactions per second due to the limitation of transaction frequency and block size.

Around 2017, as the market value of digital assets continued to increase, BTC transaction fees also became higher and higher. Some developers in the BTC community, including Roger Ver and Jihan Wu, believe that if the block is not expanded, BTC will become a digital investment rather than as a transactional currency available to everyone. In order to solve the problem of high transaction fees, two camps appeared at that time: the Bitcoin Core team chose the "SegWit“ + "Lightning Network" scheme; while the camp represented by Roger Ver and Jihan Wu insisted that increasing the block size limit is the only feasible solution.

So BCH forked at block 478558, August 2017, when the block size was 8M (32M today).I think it’s great that Bitcoin was invented by someone anonymous because you can’t really attack Bitcoin based on personal traits of Satoshi Nakamoto (Was he a hippy? Was he a Democrat/Republican? What religion?). The same is with us. Bitcoin Cash is constantly being attacked by at least two camps, which constantly try to find grounds to divide Bitcoin Cash supporters.  Bitcoin Cash (BCH) continued Satoshi’s dream that Bitcoin to be used as a peer-to-peer currency in daily transactions. Robert Ver promoted the block size increase in order to achieve the daily use transactions and low transfer fees. Even if Bitcoin Cash (BCH) is different from Bitcoin (BTC) by ideology and block size, it still uses Proof-of-Work (POW) to mine new coins.

Bitcoin Cash Price Prediction: Bitcoin Cash price stood at **502.46** dollars a coin. Today's range: $500.94 - $509.94. Yesterday's close: $506.25. The change: -3.79, -0.75%.  Bitcoin Cash Price Prediction By Day: Date Weekday Min Max Price 03/29 Monday $504 $580 $542 03/30 Tuesday $503 $579 $541 03/31 Wednesday $467 $537 $502 04/01 Thursday $468 $538 $503 04/02 Friday $456 $524 $490 04/05 Monday $445 $511 $478 04/06 Tuesday $447 $515 $481 04/07 Wednesday $451 $519 $485 04/08 Thursday $440 $506 $473 04/09 Friday $450 $518 $484 04/12 Monday $455 $523 $489 04/13 Tuesday $431 $495 $463 04/14 Wednesday $399 $459 $429 04/15 Thursday $450 $518 $484 04/16 Friday $434 $500 $467 04/19 Monday $441 $507 $474 04/20 Tuesday $432 $498 $465 04/21 Wednesday $452 $520 $486 04/22 Thursday $458 $526 $492 04/23 Friday $470 $540 $505 04/26 Monday $478 $550 $514 04/27 Tuesday $488 $562 $525 04/28 Wednesday $453 $521 $487 04/29 Thursday $459 $529 $494 Happy earnings and trading...

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