Published Date:11/09/2021
Published By:Jawad Ahmed Khan
Article no:27

Greetings

Hey, What's up read cash Fam? I hope you all are having a productive day. Sorry, Yesterday I didn't upload the article here. Actually, I thought to take a break of one day from all social media platforms so that's why I also didn't visit your articles too.

Today, I have two to three topics in my mind but today I am thinking to write about Bitcoin Cash. The only currency which I like from my heart so that's why I had chosen this topic.

So, Let's start our topic without wasting time.

If you haven’t visited my previous articles then do visit first.

 https://read.cash/@Niazi420/this-or-that-lets-decide-d3972e5e

Bitcoin Cash (BCH)

Like other cryptocurrencies, bitcoin cash or BCH is a popular cryptocurrency that is actually a fork of bitcoin. It can be understood as a little change in the protocol of the bitcoin blockchain that gives rise to two branches, one that uses the previous version and the second one that uses the new version. So, BCH uses a newer version. It was formed in August 2017 which increased the size of the block and allowed more transactions.

BCH further went down another fork which split bitcoin cash into Bitcoin Cash ABC and Bitcoin Cash SV (Satoshi Vision).

History:

The Bitcoin Cash resulted from a controversy. On July 21, 2017, bitcoin miners proposed a software upgrade called Bitcoin Improvement Proposal BVP). This improvement was suggested to increase the capacity of Bitcoin as due to increasing transactions it was hard to manage all data because of the small capacity of bitcoin. The bitcoin activists, developers, and some bitcoin miners were not satisfied with this upgrade and suggested several other plans including a hard fork that can increase the bitcoin block to eight megabytes. This new version was in favor of those who want to keep bitcoin as a digital asset instead of just using it as a transactional currency.

The Hong Kong newspaper elaborated this update as a version update of word processing software as “bitcoin cash is like a new version of Microsoft Word, the new documents cannot be open in old versions.”

Value of Bitcoin Cash:

At the time of release, BCH trade started from 240 US dollars white bitcoin was traded at $2700 at that time. On December 20, 2017, the value of BCH went up to $ 4,355.62 and then came down to $ 519 in August 2018. So, like other cryptocurrencies. The value of Bitcoin cash keeps on change and depends upon the demand of the public.

Now the price of One BCH is around about 644$ and soon It will cross 1k.

The benefit of BCH over Bitcoin:

BCH or Bitcoin Cash is capable to perform transactions more quickly than bitcoin and the fee for transactions is also comparatively less. The number of transactions handled by the BCH network is more than the Bitcoin network.

How to earn Bitcoin Cash:

There are different ways to earn cryptocurrencies like doing freelance work and other online jobs which pay in crypto. There are some websites that allow you to mine bitcoin cash. In this section, you will come to know about some popular ways to earn Bitcoin Cash.

·         Content creation and Sharing: The most popular way to earn Bitcoin Cash is by creating content and socializing. There are platforms like Memo.cash which is just like Twitter. There is another platform called read.cash. you can post free on these platforms and viewers give you tip in the form of Bitcoin Cash. The read.cash also has other options to earn cryptocurrency. For example, if your content is more popular you will earn more. Similarly, if someone discovers a post first, he will get credit for it.

The easiest way to earn BCH is from Two Platforms read.cash and noise.cash

On read.cash

On read.cash you can earn BCH by writing articles. You can write about anything like a blog etc. and you will earn BCH.

On noise.cash

noise.cash is the same like read.cash but here on noise.cash you can earn BCH just by making short posts by sharing your thoughts.

• Tasks and Bounties: There are marketplaces that allow users to earn BCH by completing tasks. Lazyfox and Taskopus are two popular platforms for this purpose. The tasks can be some online jobs like Beta testing or bug reporting and removing.

• The old-fashioned way: One of the popular ways of earning BCH is by using apps like ‘Free Bitcoin cash’ which allows you to earn BCH without any effort or any skill. The tasks to perform are very simple like surveys, video watching, and playing small games. These types of apps are popular among teenagers who want to earn bitcoin cash and make their own money.

Where to start:

You can start by creating a Bitcoin cash wallet like Coinbase which gives you a single app to manage several cryptocurrencies. You can either purchase bitcoin cash or earn it by using any of the above-discussed methods.

 Ending thoughts

I hope you find this article informative. If you get information about anything after reading this article then do hit the Like and Subscribe button if you want.

You can leave comment in the comment box regarding anything. You can also give your kind suggestions in the comment box.

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Plagiarism

As you can see in the attached picture. All words are written by me. This article is 100% unique.

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