Bitcoin Cash is a cryptocurrency that started as a fork, or copy, of Bitcoin," says Jamison Sites, senior manager and financial services senior analyst at RSM, an audit, tax and consulting company serving middle-market businesses. "In 2017, groups of Bitcoin developers put forward competing changes for improvements to the bitcoin protocol. The network operators were split on which protocol to adopt. Because there was no agreement on which proposal to support, Bitcoin split into two," Sites says.
Bitcoin Cash is a cryptocurrency that started as a fork, or copy, of Bitcoin," says Jamison Sites, senior manager and financial services senior analyst at RSM, an audit, tax and consulting company serving middle-market businesses. "In 2017, groups of Bitcoin developers put forward competing changes for improvements to the bitcoin protocol. The network operators were split on which protocol to adopt. Because there was no agreement on which proposal to support, Bitcoin split into two," Sites says.