Bitcoin Cash BCH
#16Bitcoin Cash / USD Price Chart
TradingView · LiveAbout Bitcoin Cash
Bitcoin Cash is a hard fork of Bitcoin with a protocol upgrade to fix on-chain capacity. Bitcoin Cash intends to be a Bitcoin without Segregated Witness (SegWit) as soft fork, where upgrades of the protocol are done mainly through hard forks and without changing the original economic rules of the Bitcoin. Bitcoin Cash (BCH) is released on 1st August 2017 as an upgraded version of the original Bitcoin Core software. The main upgrade is the increase in the block size…
Bitcoin Cash is a hard fork of Bitcoin with a protocol upgrade to fix on-chain capacity. Bitcoin Cash intends to be a Bitcoin without Segregated Witness (SegWit) as soft fork, where upgrades of the protocol are done mainly through hard forks and without changing the original economic rules of the Bitcoin. Bitcoin Cash (BCH) is released on 1st August 2017 as an upgraded version of the original Bitcoin Core software. The main upgrade is the increase in the block size limit from 1MB to 8MB. This effectively allows miners on the BCH chain to process up to 8 times more payments per second in comparison to Bitcoin. This makes for faster, cheaper transactions and a much smoother user experience. Why was Bitcoin Cash Created?
The main objective of Bitcoin Cash is to to bring back the essential qualities of money inherent in the original Bitcoin software. Over the years, these qualities were filtered out of Bitcoin Core and progress was stifled by various people, organizations, and companies involved in Bitcoin protocol development. The result is that Bitcoin Core is currently unusable as money due to increasingly high fees per transactions and transfer times taking hours to complete. This is all because of the 1MB limitation of Bitcoin Core’s block size, causing it unable to accommodate to large number of transactions. Essentially Bitcoin Cash is a community-activated upgrade (otherwise known as a hard fork) of Bitcoin that increased the block size to 8MB, solving the scaling issues that plague Bitcoin Core today.
Bitcoin Cash uses the SHA-256 hashing algorithm.
The current circulating supply of Bitcoin Cash is 20.02M BCH. The maximum supply is capped at 21.00M BCH, of which 95.3% is currently in circulation. Total supply (including locked/staked) is 20.02M BCH.
Bitcoin Cash is categorized as: Smart Contract Platform, Layer 1 (L1), Bitcoin Fork, Proof of Work (PoW), Coinbase 50 Index. It can be traded on major exchanges including Binance, MEXC, KuCoin, Bybit, Coinbase Exchange.
Bitcoin Cash's GitHub repository has 322 stars and 225 forks.
Supply & Tokenomics
Bitcoin Cash Markets
Where to buy BCH| # | Exchange | Pair | Price | +2% Depth | -2% Depth | Volume 24h |
|---|---|---|---|---|---|---|
| 1 | Binance | BCH/USDT | $455.08 | — | — | $9.30M |
| 2 | MEXC | BCH/USDT | $454.79 | — | — | $2.92M |
| 3 | KuCoin | BCH/USDT | $455.12 | — | — | $20.69M |
| 4 | Bybit | BCH/USDT | $454.69 | — | — | $1.74M |
| 5 | Coinbase Exchange | BCH/USD | $455.03 | — | — | $2.42M |
| 6 | HTX | BCH/USDT | $455.30 | — | — | $6.27M |
| 7 | OKX | BCH/USDT | $455.19 | — | — | $3.03M |
| 8 | Binance | BCH/USDC | $455.35 | — | — | $2.18M |
| 9 | XT.COM | BCH/USDT | $455.09 | — | — | $4.61M |
| 10 | Gate | BCH/USDT | $455.49 | — | — | $826,036 |
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