@r2000 25 July 2020 edited

Bitcoin Cash - For Beginners!!! Things you need to know.

Bitcoin Cash BCH is a cryptocurreny that is a fork of Bitcoin.Bitcoin cash was created in 2017 and split into two cryptocurrencies: Bitcoin cash and Bitcoin SV.

History The need to accommodate in an increasing count of transactions per second contributed to push by some in the community to create a hard fork to increase the block size limit. This push came to a head in July 2017 when some member of the bitcoin community felt that adopting BIP 91. without increasing the block size favored people who wanted to treat bitcoin as a digital investment rather than as a transaction currency. On 1 august 2017 Bitcoin cash began trading at about $240, while bitcoin traded at about $2,700. Bitcoin supporters wanted to keep blocks number small so that the nodes could be operated with less resources, while some some bitcoin cash supporters find it acceptable that, node might be run by universities, private companies and nonprofits. Trading Bitcoin cash trades on digital currency exchanges including Bitstamp, coinbase, Gemini, kraken, Bitflinex and shapeshift using Bicoin Cash Name and the BCH ticker symbol for the crypto.Coinbase listed BCH on Dec 2017 and the conibase platform experienced price abnormalities that led to an insider trading investigation. **MARKET STATUS** **Market Cap $4.5 Billion** **Volume $1.4 Billion** **All Time High $4,355.6** **Trading Activity 47% buy 53% sell** **Popularity #4** The market Status Data is taken from Coinbase. https://www.youtube.com/embed/5Uh720poZ8w **Bitcoin Cash's Key Features** **Decentralized** **Fixed supply** **Low Fees**