Bitcoin Cash (BCH) .Pilot article, informative.
Cryptocurrencies have become increasingly valued by traders, with Bitcoin (BTCUSD), Bitcoin cash (BCHUSD), Ethereum (ETHUSD, Litecoin (LTCUSD) and Ripple (XRPUSD) in particular.
What is Bitcoin cash?
Who Are the Founders of Bitcoin Cash ?
Bitcoin vs Bitcoin Cash?
How Many Bitcoin Cash (BCH) Coins Are In Circulation?
How to use Bitcoin Cash?
Is Bitcoin Cash Better Than Bitcoin?
How to buy Bitcoin Cash (BCH)
What is bitcoin cash?
Bitcoin Cash was created by a group of Bitcoin miners and developers who are equally concerned about the future of cryptocurrency's ability to scale effectively. However, unlike most BTC miners, this group of miners did not like the SegWit2x upgrade and opted to increase the size of each block in the blockchain.
This is how Bitcoin Cash officially became a separate cryptocurrency in August 2017.
The creators of Bitcoin Cash technology have resorted to classic and modern solutions, which means that BCH takes advantage of blockchain technology, but with a larger block size from 1 MB to 32 MB. The increase in the number of blocks makes it possible for BCH to create more transactions and minimize their costs, which makes it faster and cheaper to use.
Who Are the Founders of Bitcoin Cash ?
The Bitcoin ABC software that was to create Bitcoin Cash was first unveiled in June 2017. The cryptocurrency was made public on August 1, 2017, after the end of the testing period. Roger Ver is often considered the most vocal promoter of Bitcoin Cash. However, he did not create Bitcoin Cash, but rather aligned himself with the project, as he supported the vision of this fork of Bitcoin.
Bitcoin vs Bitcoin Cash?
Bitcoin Cash debuted on the crypto - exchange in the second half of 2017, with a price of almost 70 USD per unit.
The huge interest in the cryptocurrency made the exchange rate grow very fast, until at the end of the year it reached over 30 thousand USD per unit. It was until then the highest BCH course in history.
Unfortunately, at the beginning of 2018, its value started to decrease slowly, caused by the changes on the market and the so-called crypto-winter.
For the whole year 2019, the cryptocurrency maintained a stable value by making small but regular jumps in values within the limits of 200 - 400 USD per unit.
Despite the difficult situation in the investment market and the economic turmoil of 2020, BCH remained the most stable cryptocurrency on the market.
This means that thanks to its technology and investor confidence, it has become one of the most important e-currencies on the cryptocurrency.
How Many Bitcoin Cash (BCH) Coins Are In Circulation?
Bitcoin Cash has exactly the same number of coins as Bitcoin, the total offer of BCH being 21 million coins. Its current circulating supply is just over 18.5 million coins, about 89% of the total supply.
As with Bitcoin, miners act as validators and are rewarded for their computing power.
How to use Bitcoin Cash?
Cryptocurrency is still underused because not many traders accept it. However, Bitcoin Cash strives to achieve its goal of becoming a peer-to-peer electronic payment system.
There are many wallets that can store Bitcoin Cash. Depending on their need for security and functionality, users will choose the wallet that suits them.
Is Bitcoin Cash Better Than Bitcoin?
While Bitcoin and Bitcoin Cash have many similarities, they both have distinct characteristics that differentiate them. Choosing BCH over BTC (or vice versa) is a matter of personal preference.
How to buy Bitcoin Cash (BCH)
Binance is the best place to buy, sell, trade and own BCH easily.
Registering a Binance account will allow you to buy, sell and hold cryptocurrencies.
Coinbase is a site that allows you to sell and hold cryptocurrencies.
Regular investment in BCH has benefited since the beginning of 2021, when investors noticed regular increases in cryptocurrency prices. Since the beginning of the year, Bitcoin Cash has increased its value by regularly and persistently climbing to the top of the most popular cryptocurrencies.
Bitcoin is unique in itself it's amount it's quality and its wallet system all that