What is Bitcoin Cash BCH? 101: Introduction

Bitcoin Cash is a fork of Bitcoin. Some developers in the Bitcoin community a difference in opinion and the direction of Bitcoin’s development that a split of the blockchain would take place.

The Bitcoin Cash (BCH) fork has some small differences to Bitcoin (BTC) in terms of the size of blocks and confirmations of transactions on the chain.

The increase in block size to 8MB and later 32MB over Bitcoin’s original 1MB was to increase the scale of transactions possible per block.

Adoption, however, has lagged behind for Bitcoin Cash and the majority of blocks are empty or still below the 1B size of the original Bitcoin chain.

Keep reading and see infographics here: https://blog.coinpass.com/blog/what-is-bitcoin-cash-bch-101-introduction

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coinpassglobal

coinpassglobal

Invest, Trade & HODL Bitcoin and other cryptos on the UK’s best crypto trading platform. Visit us at https://www.coinpass.com/ https://www.coinpass.com/en/blog

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