What is Bitcoin Cash (BCH)?
Find out all you need to know about Bitcoin Cash, the peer-to-peer electronic cash system as first invented by Satoshi Nakamoto described in the Bitcoin whitepaper.
Bitcoin Cash (ticker symbol: BCH) is an updated version of Bitcoin which solves the scaling problems that have been plaguing Bitcoin (ticker symbol: BTC) for years. Bitcoin Cash (BCH) is just a continuation of the Bitcoin project that allows for bigger blocks which will give way to more growth and adoption.
Bitcoin Cash (BCH) key features
Bitcoin Cash is permissionless: Traditional currencies require permission to use (from banks, financial institutions, governments). BCH requires no permission from anyone and is free and open to use globally.
Bitcoin Cash is immune to seizure: Nobody can confiscate your BCH since you own it; it's not housed at any bank or company.
Bitcoin Cash is censorship resistant: Using proof-of-work (PoW), no one can block or censor your transactions.
Bitcoin Cash is decentralized: The network is distributed globally among many thousands of nodes and millions of users.
Bitcoin Cash has a limited supply: There will only ever be 21 million created and are generated at a predictable rate; BCH is deflationary.
Bitcoin Cash is open source: anyone can contribute to developing BCH in a myriad of areas including different Bitcoin Cash clients.
Bitcoin Cash is fast and easy: since BCH is a digital currency, transactions are near instant and are very low-cost (much less than central payment networks such as PayPal).
Bitcoin Cash is a "push system": With BCH, there is no risk of charge-backs because once they are sent, the transaction cannot be reversed. It’s very similar to cash in this sense; once you give someone cash, you cannot get it back (unless they give it back to you).
Bitcoin Cash is smart: Not only is BCH peer-to-peer cash, it has an EVM compatible sidechain which allows for blockchain tokenization, Web3 dapps, NFTs, passive income, and more.
Bitcoin Cash is freedom: using Bitcoin Cash (BCH) gives you the financial freedom to transact globally using the properties mentioned above.
Learn more about BCH
If you want to continue down the peer-to-peer cash rabbit hole, here are some top of the line websites dedicated to Bitcoin Cash: