Bitcoin Cash
BCH
Bitcoin Cash BasicReport a Data Error
Bitcoin Cash Info
- May,2024The BCH community launched a new commercial promotion campaign, encouraging more merchants to accept BCH as a payment option and enhancing user engagement through improved user interfaces and tools.
- Apr,2023The BCH network completed a major upgrade, further improving transaction processing speed and network stability, enhancing the user payment experience.
- Dec,2022BCH continued to drive ecosystem development, launching several new applications and tools to attract developers and users, increasing its competitiveness in the cryptocurrency market.
- Nov,2021BCH implemented an upgrade that continued to optimize the blockchain’s performance and security. This series of upgrades aimed to improve the network’s scalability and efficiency to meet growing user demand.
- Apr,2021BCH performed an important upgrade that further improved its on-chain data processing capabilities and introduced enhanced transaction features to increase its suitability for commercial payments.
Bitcoin Cash Team
OrganizationsBitcoin Cash Intro
Bitcoin Cash (BCH) is a peer-to-peer cryptocurrency that was created in 2017 as a result of a hard fork from the original Bitcoin (BTC) network. It was founded by a group of influential figures in the cryptocurrency community, including Roger Ver and Jihan Wu, who believed in the need for larger block sizes to accommodate more transactions and lower fees, aiming to improve Bitcoin's scalability and usability as digital cash.
The core logic of Bitcoin Cash revolves around its larger block size (initially 8MB, later increased to 32MB) compared to Bitcoin's 1MB blocks. This allows BCH to process more transactions per block, making it a faster and more affordable cryptocurrency for day-to-day transactions. It also follows the same decentralized and trustless principles as Bitcoin, using a proof-of-work consensus mechanism to validate and record transactions on a public ledger known as the blockchain.
Key milestones and events in BCH's development include the successful hard fork from Bitcoin on August 1, 2017, which marked its official launch. Subsequent upgrades like the November 2018 "Bitcoin Cash upgrade" aimed at further increasing block sizes, while the November 2020 "Bitcoin Cash network upgrade" focused on improving network security.
In recent years, Bitcoin Cash has witnessed ongoing development efforts to enhance its scalability, security, and usability. Developers have been working on projects like "Schnorr signatures" and "CashFusion" for enhanced privacy and "Avalanche" for quicker consensus. However, BCH has faced its share of challenges, including internal disputes and competition from other cryptocurrencies.
While Bitcoin Cash continues to be used for various transactions and payments, its adoption and progress are closely watched within the larger cryptocurrency ecosystem, with the aim of achieving its founders' vision of a widely accepted digital cash system.
Above are only for introduction, not intended as investment advice.
Bitcoin Cash Unlock & AllocationReport a Data Error
Q&A about Bitcoin Cash Tokenomics
Explore the tokenomics of Bitcoin Cash (BCH) and review the project details below.
What is the allocation for Bitcoin Cash (BCH)?
The initial allocation of Bitcoin Cash (BCH) was done in a 1:1 ratio to all holders of BTC at the time of the fork.
What is the supply schedule for Bitcoin Cash (BCH)?
Bitcoin Cash (BCH) follows the same supply schedule as Bitcoin (BTC). The total supply is capped at 21 million coins. The rate at which BCH is created is halved approximately every four years, in an event known as a "halving". This halving process will continue until all BCH are mined, which is estimated to be around the year 2140. To view real-time updates on token information, you can visit https://blockchair.com/bitcoin-cash
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Bitcoin Cash (BCH) is a peer-to-peer cryptocurrency that was created in 2017 as a result of a hard fork from the original Bitcoin (BTC) network. It was founded by a group of influential figures in the cryptocurrency community, including Roger Ver and Jihan Wu, who believed in the need for larger block sizes to accommodate more transactions and lower fees, aiming to improve Bitcoin's scalability and usability as digital cash.
The core logic of Bitcoin Cash revolves around its larger block size (initially 8MB, later increased to 32MB) compared to Bitcoin's 1MB blocks. This allows BCH to process more transactions per block, making it a faster and more affordable cryptocurrency for day-to-day transactions. It also follows the same decentralized and trustless principles as Bitcoin, using a proof-of-work consensus mechanism to validate and record transactions on a public ledger known as the blockchain.
Key milestones and events in BCH's development include the successful hard fork from Bitcoin on August 1, 2017, which marked its official launch. Subsequent upgrades like the November 2018 "Bitcoin Cash upgrade" aimed at further increasing block sizes, while the November 2020 "Bitcoin Cash network upgrade" focused on improving network security.
In recent years, Bitcoin Cash has witnessed ongoing development efforts to enhance its scalability, security, and usability. Developers have been working on projects like "Schnorr signatures" and "CashFusion" for enhanced privacy and "Avalanche" for quicker consensus. However, BCH has faced its share of challenges, including internal disputes and competition from other cryptocurrencies.
While Bitcoin Cash continues to be used for various transactions and payments, its adoption and progress are closely watched within the larger cryptocurrency ecosystem, with the aim of achieving its founders' vision of a widely accepted digital cash system.
Above are only for introduction, not intended as investment advice.