Bitcoin Cash (BCH)

Bitcoin Cash (BCH) is a digital currency created in 2017 by splitting away from the original Bitcoin. Its primary goal is to function as fast, cheap electronic cash usable for everyday transactions globally. The technology relies on a public blockchain, described as a shared notebook where transaction records are visible to all participants without the ability to alter past entries. Bitcoin Cash redesigned this system to fit more records on each page, ensuring payments remain quick and fees stay minimal. With a maximum supply cap of 21,000,000 coins, it aims to facilitate direct value transfer without intermediaries like banks. The network operates on a protocol established in 2017, focusing on accessibility for sending money to family or purchasing goods. While the original Bitcoin launched in 2009, Bitcoin Cash emerged to address scalability concerns regarding block size. It represents a specific implementation of cryptocurrency technology designed for practical, low-cost utility in daily life.