history crypto currency !?

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2 weeks ago

Bitcoin Cash (BCH) has its roots in the scalability debate within the Bitcoin community. As Bitcoin gained popularity, transaction times and fees increased. This led to a divide among developers and the community about how to address these issues.

In 2017, a group of developers proposed a solution known as Segregated Witness (SegWit) to improve Bitcoin's scalability. However, another group favored increasing the block size to accommodate more transactions. This disagreement eventually resulted in a hard fork on August 1, 2017, leading to the creation of Bitcoin Cash.

Bitcoin Cash aimed to address the scalability concerns by increasing the block size from 1 MB to 8 MB, allowing for more transactions to be processed in each block. This larger block size was intended to enhance the speed and lower the cost of transactions.

Since its creation, Bitcoin Cash has undergone further updates, and its development community continues to work on improving the protocol. The cryptocurrency remains one of the prominent alternatives to Bitcoin in the crypto


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