What are the basics of Bitcoin Cash for beginners?

3 answers

• Nov 25, 2021 · 3 years ago
  Bitcoin Cash is a cryptocurrency that was created as a result of a hard fork from Bitcoin. It shares many similarities with Bitcoin, but also has some key differences. One of the main differences is the block size limit, which is 8MB for Bitcoin Cash compared to 1MB for Bitcoin. This allows for faster and cheaper transactions on the Bitcoin Cash network. Additionally, Bitcoin Cash aims to be a peer-to-peer electronic cash system, focusing on usability and scalability. It has gained popularity among users who prefer a cryptocurrency that can be used for everyday transactions.
  581291
• Nov 25, 2021 · 3 years ago
  Bitcoin Cash is a digital currency that was created in 2017. It was designed to address some of the scalability issues of Bitcoin by increasing the block size. This allows for more transactions to be processed in each block, resulting in faster and cheaper transactions. Bitcoin Cash also aims to be more user-friendly and accessible to the average person, with a focus on usability and adoption. It has gained a significant following and is supported by various cryptocurrency exchanges and wallets.
  500167
• Nov 25, 2021 · 3 years ago
  Bitcoin Cash, also known as BCH, is a cryptocurrency that was created in 2017. It was developed as an alternative to Bitcoin with the goal of providing faster and cheaper transactions. Bitcoin Cash has a larger block size compared to Bitcoin, which allows for more transactions to be processed in each block. This makes it more scalable and efficient. Bitcoin Cash is supported by a strong community and has gained widespread acceptance in the cryptocurrency world. It is available on many cryptocurrency exchanges, including BYDFi, where users can buy, sell, and trade Bitcoin Cash.
  583146