Bitcoin Cash (BCH) - Cryptocurrency Bitcoin Cash (BCH), a form of decentralized digital currency, is a fork of the original Bitcoin blockchain that occurred in 2017. The primary motivation behind its creation was to address some scalability issues and transaction speed limitations inherent in the original Bitcoin network. Unlike Bitcoin, which uses the SegWit solution for scalability, Bitcoin Cash increased the block size limit from 1MB to 8MB to allow more transactions to be processed at once. This fork created two separate cryptocurrencies that share a common history but diverged in their development paths and technical approaches. As of now, Bitcoin Cash serves as an alternative peer-to-peer electronic cash system, promoting itself for fast, secure, and low-cost transactions worldwide. It is traded on various digital asset exchanges and can be stored in cryptocurrency wallets compatible with the BCH standard.
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