What is Bitcoin Cash
Bitcoin Cash is peer-to-peer electronic cash for the Internet. Similar to Bitcoin it is fully decentralized, with no central bank and requires no trusted third parties to operate. Bitcoin Cash is derivative or “fork” of the Bitcoin project as a peer-to-peer digital cash. Bitcoin Cash forked from bitcoin as it’s developers believed Bitcoin required a bigger block size to scale and grow.
Real World Example
Bitcoin Cash primary application is as a peer-to-peer electronic cash for the internet that people can use to pay for groceries or in other day to day and e-commerce transactions. Many e-commerce stores already accept Bitcoin cash.
Anyone who held Bitcoin at the time of hard fork received an equal amount of Bitcoin Cash. There will only ever be 21 million Bitcoin Cash in circulation.
Bitcoin Cash Links
Click on the button below, to visit the official Bitcoin Cash website:
Click on the button below, to buy Bitcoin Cash today: