What is Bitcoin Cash (BCH)?
According to Bitcoin Cash Whitepaper, BCH is a peer-to-peer (P2P) cryptocurrency for the Internet and is fully decentralized. They operate without passing through any financial intermediary institutions.
In fact, the definition of Bitcoin Cash is very similar to Bitcoin
The cause of the BCH coin
When discussing this issue, we need to look at Bitcoin again. After nearly 8 years since its launch, Bitcoin has come up with a number of issues that are causing conflicts in the community, especially in block size.
Specifically, the block size of Bitcoin is limited to 1 MB. This causes significant delays in transaction processing time and limits the number of transactions the network can handle.
After a lengthy and suggestive conflict, a group of people in the community, led by Roger Ver and Jihan Wu decided to vigorously make a new coin, separate from Bitcoin - which they thought "could not keep pace with time ”.
This new coin has a block size of 8 MP in the early days. Currently the size of the BCH block increases to 32 MP.
This helps the network handle many transactions, opening the door for eventually competition with giant financial industries such as PayPal and Visa.
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This is not correct. https://read.cash/@Read.Cash/an-incomplete-history-of-the-bitcoin-cashs-origin-and-the-minimum-viable-fork-project-7c060c52