What is Bitcoin Cash?

Some interesting facts about Bitcoin Cash (BCH):

Bitcoin Cash, born in 2017 from a split with Bitcoin, stands out in the crypto world. Here are some highlights:

1. Origin: It came into existence due to a disagreement in the Bitcoin community about block size limits.

2. Block Size Boost: Bitcoin Cash enlarged its block size to 8 megabytes, aiming for more transactions and lower fees.

3. Swift Transactions: Thanks to its bigger blocks, Bitcoin Cash confirms transactions faster, making payments more efficient.

4. Scaling Approach: Bitcoin Cash prefers on-chain scaling, relying on larger block sizes to handle more transactions.

5. Distinct Community: It has its own community and developers, separate from Bitcoin, with support from figures like Roger Ver.

6. Adaptable Difficulty: Bitcoin Cash adjusts difficulty faster than Bitcoin, ensuring stable block times.

7. Satoshi Vision (SV): A contentious split in 2018 led to Bitcoin SV, driven by disagreements within the Bitcoin Cash community.

8. Peer-to-Peer Cash: Bitcoin Cash aims to be a peer-to-peer electronic cash system, perfect for everyday transactions.

9. Halving Events: Similar to Bitcoin, it undergoes halving events, reducing block rewards every four years.

10. Merchant Use: Like Bitcoin, it's promoted for payments; some merchants accept it alongside traditional currencies.

Bitcoin Cash NFT:
https://bit.ly/3vD49T5
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