The origin of cryptocurrency comes from BTC (bitcoin) of Nakamoto. What Nakamoto advocates in the white paper is a "peer-to-peer e-cash system".
With the continuous development of technology, it is found that what really conforms to the concept of Nakamoto's white paper is not bitcoin, but BCH (bitcash), bitcoin's eldest son
Bitcash was a hard fork in the bitcoin block height of 478558 on August 1, 2017. The height of the first block born was 478559. The total amount of bitcoin was 21 million, which was distributed according to the amount of bitcoin held at that time. As a branch currency of BTC, it has no white paper of its own.
But as the first branch of bitcoin, BCH has a high status and is known as the crown prince of bitcoin.
As the crown prince, bitcoin cash is the same as bitcoin. It is a cryptocurrency based on decentralization, adopting point-to-point network and consensus initiative, opening source code, and taking blockchain as the underlying technology. With the emergence of BCH (bitcash), among the many bifurcated bitcoin coins, bitcash stands out from the crowd, and is considered by many people that the future bitcash can surpass bitcoin!
Bitcash is a new type of blockchain asset generated by bitcoin's hard bifurcation. In order to solve the problem of bitcoin's capacity expansion, bitcash introduces the emergence mechanism to truly solve the consensus problem of bitcoin itself, and adds thin blocks to accelerate synchronization. It is a decentralized digital currency supported by a large community of large block supporters. It modified the code of bitcoin, deleted isolated witness and supported large blocks. The upper limit of the block was upgraded to 8m, and then upgraded to 32m. Through chain expansion, it solved the problems of high service charge, slow confirmation and poor practicability in the old version of bitcoin system, and fulfilled the promise of bitcoin as "point-to-point electronic cash".
BCH is Bitcoin Cash you can see it in your images. What is Bitcash???