Bitcoin Cash (BCH) is a cryptocurrency created in 2017 as a result of a hard fork from Bitcoin. The main goal of BCH is to increase transaction speed and make them more accessible through low fees.
Unlike classic Bitcoin, where the block size is limited to 1 MB, in the BCH network, blocks can reach 32 MB. This allows for significantly more transactions to be processed per unit of time, making the network convenient for mass use.
Key features:
High throughput and fast transfers.
Low fees compared to Bitcoin.
Limited supply - 21 million coins.
Support from major exchanges, wallets, and services.
Used for online payments and transfers.
Why is this interesting to investors?
Bitcoin Cash combines the technological foundation of Bitcoin with improved parameters for practical use. This makes it attractive for both long-term holding and use in real transactions.
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