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Glossary

Bitcoin Cash - BCH

What is Bitcoin Cash?

Bitcoin Cash is a cryptocurrency and proof-of-work blockchain network. Technically speaking, Bitcoin Cash functions precisely like Bitcoin. The hard cap for Bitcoin Cash is 21 million assets. It validates transactions using nodes. But because of the higher block size, BCH runs more quickly and charges less for transactions than Bitcoin. It is considerably more appropriate for minor transactions, like using cryptocurrencies to purchase a cup of coffee. Smart contracts and applications like CashShuffle and CashFusion are supported by Bitcoin Cash.

In late August 2022, Bitcoin Cash had a little over 19 million coins in circulation. It was ranked No. 29 in terms of the market capitalization of all cryptocurrencies with $2.56 billion. The price at that time was somewhere about $133.50.

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