Bright Ideas: Bitcoin Cash (BCH)
Bitcoin cash is a fork of Bitcoin which aims to fulfil the original promise of Bitcoin as Peer-to-Peer Electronic Cash.
Price:
$112.37
Mkt Cap:
$2,159,211,840
View Coin Page
Project Fundamentals
- Bitcoincash.org describes BCH as “fulfilling the original promise of Bitcoin as Peer-to-Peer Electronic Cash.”
- BCH’s core technology allows it to execute transactions within seconds in an easy to use stable and secure payments system.
- Bitcoin Cash was forked from Bitcoin in 2017 following disagreements within the Bitcoin community over block size. BCH increased block size.
Partnerships / Implementation
- Major srvices company’s such as Purse, Bitpay and Coinbase Commerce have backed BCH.
- BCH is listed on most major exchanges including Coinbase, Binance, Kraken and more.
Roadmap and Announcements
- In 2021 a major Protocol Upgrade was implemented which say the removal of unconfirmed transaction limit and the allowance of transactions with multiple OP_RETURN outputs.
- In November 2022, Caribbean nation St. Kitts and Nevis announced they may adopt Bitcoin Cash as legal tender by March 2023.
- BCH may enjoy some benefits of association with other BTC forked coins which have recently outperformed the broader market.
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