Bitcoin Cash (BCH) is a cryptocurrency, a fork of bitcoin, separated from it due to a scaling problem. It came from the fact that with the growth of the number of people using the network, the limited block size on the blockchain, which is 1 MB, was no longer enough. This leads to a decrease in the reliability of transactions and a significant increase in fees, which undermines the ease of use of the entire system. This problem led to a split in the bitcoin community. On August 1, 2017, the developers of Bitcoin-ABC initiated a hard fork of the Bitcoin blockchain to increase the block size. The new blockchain consisted of blocks 8 megabytes in size and was called Bitcoin Cash.
by Lumi Wallet
Bitcoin Cash wallet
Free Bitcoin Cash wallet for Web, Android, and iOS. Buy, Send, Receive or Exchange Bitcoin Cash for more than 1000 coins and tokens.