BC

Bitcoin Cash

BCH
PaymentsRank #18Bitcoin

$448.69

-1.83%24h
-3.99%7d

Market Cap

$8.96B

Volume 24h

$241.32M

Vol / Market Cap

2.69%

Rank

#18

BCH Price Chart

About Bitcoin Cash

Bitcoin Cash is a cryptocurrency created to enable faster and cheaper transactions than Bitcoin.

Bitcoin Cash is a cryptocurrency created to support faster and cheaper transactions by increasing block size, focusing on digital cash use cases.

How It Works

A fork of Bitcoin designed to solve scalability issues. It significantly increased the block size limit, allowing it to process much larger volumes of transactions per block compared to the original Bitcoin, keeping fees extremely low.

Use Cases

Scalable Digital Currency: Used as a medium of exchange for users who require larger block sizes and lower transaction fees for peer-to-peer electronic cash payments.

Tokenomics

Big-Block Currency: Created via a hard fork to increase block size. It focuses on low-fee peer-to-peer transactions. Used by merchants who want the security of a Bitcoin-like PoW system but with sub-cent transaction costs.

Risks & Considerations

Low hashrate compared to the market leader makes it more vulnerable to 51% attacks; struggles with niche adoption.

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