Bitcoin Cash is a form of digital currency that operates on a decentralized blockchain network, similar to its predecessor, Bitcoin. It was created through a hard fork in the Bitcoin blockchain in 2017, with the goal of improving the scalability and transaction speed of the original Bitcoin protocol. Bitcoin Cash aims to facilitate faster, cheaper, and more reliable transactions compared to Bitcoin, with larger block sizes and lower transaction fees. Like other cryptocurrencies, Bitcoin Cash is not issued by any central authority and can be traded and transferred globally without the need for intermediaries such as banks.
Release time 2023 06 02