What is Bitcoin Cash?

[Roberto]

  I'm familiar with Bitcoin but recently heard about Bitcoin Cash. What is the difference between Bitcoin and Bitcoin Cash?

 

[Didier]

Bitcoin Cash (BCH) is a cryptocurrency that was created in 2017 as a fork of Bitcoin. The primary reason for this fork was a disagreement within the Bitcoin community over how to scale the network. Bitcoin Cash proponents advocated for larger block sizes to process transactions more quickly and at a lower cost, as opposed to the original Bitcoin (BTC), which has retained smaller block sizes and has implemented different scaling solutions like the Lightning Network. Bitcoin Cash aims to function as digital cash, with a focus on being used for transactions rather than as a store of value, which is a role more commonly associated with Bitcoin. For a detailed comparison of Bitcoin Cash versus Bitcoin, including the technical differences and the philosophical divide that led to the fork, this article offers comprehensive insights: paybis.com/blog/glossary/what-is-bitcoin-cash/ It explains the origins, goals, and current status of Bitcoin Cash in the cryptocurrency market.