Cryptocurrencies and Alternative Payment Networks
Bitcoin Cash (BCH)
Bitcoin Cash (BCH) is a cryptocurrency created in 2017 through a "hard fork" of the original Bitcoin network. It was designed to address Bitcoin’s scalability issues and high transaction fees by significantly increasing block sizes—up to 32 MB compared to Bitcoin’s 1 MB limit. This expanded capacity enables the network to process transactions much faster and at a fraction of a cent per transfer, making BCH far more suitable for everyday microtransactions, retail payments, and peer-to-peer transfers. While Bitcoin functions largely as a digital store of value, Bitcoin Cash emphasizes practical, real-world spending utility.
Bitcoin Cash (BCH)
Bitcoin Cash (BCH) is a cryptocurrency created in 2017 through a "hard fork" of the original Bitcoin network. It was designed to address Bitcoin’s scalability issues and high transaction fees by significantly increasing block sizes—up to 32 MB compared to Bitcoin’s 1 MB limit. This expanded capacity enables the network to process transactions much faster and at a fraction of a cent per transfer, making BCH far more suitable for everyday microtransactions, retail payments, and peer-to-peer transfers. While Bitcoin functions largely as a digital store of value, Bitcoin Cash emphasizes practical, real-world spending utility.