What is Bitcoin Cash?

Bitcoin Cash is a cryptocurrency created in 2017 as a result of a hard fork of the original Bitcoin, which was created in 2009. Bitcoin Cash was created in order to increase the block size of Bitcoin, and resolve a number of scalability issues. This cryptocurrency is sometimes referred to as “BCH” and is an altcoin, meaning it is an alternative to Bitcoin.

The Benefits of Bitcoin Cash

Bitcoin Cash has a number of advantages over the original Bitcoin. First, it has an increased block size, which allows for more transactions to be processed in each block. This increases the scalability of the network, allowing it to handle more transactions per second. Additionally, Bitcoin Cash has the same low transaction fees as Bitcoin, allowing users to save money when sending BCH. Lastly, Bitcoin Cash has a much larger community than the original Bitcoin, allowing for more resources and support for users.

Using Bitcoin Cash

If you are interested in using Bitcoin Cash, you can get started by buying or trading for some BCH. You can find BCH for sale on a number of online exchanges, such as Coinbase or Kraken. Additionally, you can store your Bitcoin Cash in a secure wallet, such as the Exodus wallet or a physical hardware device like the Ledger Nano S. Once you have bought some Bitcoin Cash and stored it in a secure wallet, you can use it to make purchases, send money to friends or family, and trade on exchanges.

Bitcoin Cash is an important cryptocurrency that has been developed to increase the scalability and speed of blockchain transactions. It is an alternative to the original Bitcoin, and allows users to make transactions quicker, cheaper, and more securely. Ultimately, Bitcoin Cash is a great way to use cryptocurrency, and can be a great addition to any cryptocurrency portfolio.