Bitcoin Cash (BCH)

Bitcoin Cash is like digital cash

Learn about Blockchain first
What is

Bitcoin Cash

The famous Bitcoin whitepaper published in 2008 by Satoshi Nakamoto had a very simple title that showed Satoshi’s ultimate vision: “Bitcoin: A Peer-to-Peer Electronic Cash System.” Though digital cash might have been the goal, as bitcoin grew in popularity, its users and fans started to have disagreements on the evolution of the asset.

Some believed bitcoin is a digital investment; others wanted bitcoin to become a transactional currency. In addition, as the network became larger and the number of transactions increased, it took longer and cost more money to sync the Blockchain. A number of proposals to fix these problems were suggested by the community. Bitcoin Cash and Litecoin are some of those plans.

When bitcoin was created almost a decade ago, the size of a block of transactions in the blockchain was limited to just one megabyte. That made the network slow and expensive. Bitcoin Cash’s main change was to increase the size of a block by eight times, making it eight megabytes. This allowed more transactions to be processed, greatly decreasing the time required to process as well as the fees involved.

ELEGANTLY CRAFTED IN SWITZERLAND

The material contained on this website is for informational purposes only and 21Shares AG, and its affiliates, is not soliciting any action based upon such material. The material is not to be construed as an offer or a recommendation to buy or sell a security nor is it to be construed as investment advice. Additionally, the material accessible through this website does not constitute a representation that the investments described herein are suitable or appropriate for any person. Past performance is not an indication of any future performance. For the complete terms and condition, as well as the privacy policy, please see English version. In case of discrepancy, the English version shall prevail.

1) https://cointelegraph.com/news/bitcoin-is-worlds-best-performing-asset-class-over-past-10-years-says-pompliano

How to Buy