Bitcoin Cash is decentralized, p2p electronic cash created as a fork of the Bitcoin blockchain ledger. With amended consensus rules, Bitcoin Cash raises block size limit from 1 MB to 8 MB, lowers transaction fees, and increases the speed of transaction confirmation. It employs a new type of SigHash, which allows for the elimination of quadratic hashing issue and greater hardware wallet security.
Bitcoin Cash was introduced on August 1st, 2017. At the point of the ledger split (block 478558), all Bitcoin token holders also became Bitcoin Cash token holders in possession of the amount of Bitcoin Cash tokens equivalent to their Bitcoin balance. Bitcoin obtained through transactions taking place after the split did not and will not include any Bitcoin Cash and vice versa.
Bitcoin Cash Exchange Rates
Bitcoin Cash Resources
Bitcoin Cash has promised to bring many improvements and advantages over Bitcoin and we are quite excited to follow its progress. If you are interested in Bitcoin Cash yourself, you can read more about it and stay up to date with the help of our handy additional Bitcoin Cash resources below.
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