Abbrevation: BCH
Project name: BitcoinCash
Issued date: July 24, 2017
Total supply: 21,000,000 BCH
White paper: https://www.bitcoincash.org/bitcoin.pdf
Official website: https://www.bitcoincash.org/
Block explore: https://blockchair.com/bitcoin-cash/blocks
Brief introduction:
Bitcoin Cash is a fork of Bitcoin that prioritizes onchain scaling and utility as a peer-to-peer electronic cash system. The 1 megabyte limit on bitcoin blocks meant that there was often a significant delay between transactions being initiated and completing, as well as increased fees due to the limited supply per block.Bitcoin Cash increased and will continue to increase block sizes which thereby increase the potential volume of transactions on the network. On August 1, 2017, Amaury Séchet released the first Bitcoin Cash software implementation. Miners running this software were able to validate a new kind transaction to create a new chain, BCH. This process is known as a "hard fork" since it created a new version of the BTC chain that followed BCH rules. Today, BCH and BTC share the exact same transaction history up to that point.
CoinCatch Team
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