Purchase Bitcoin Cash (BCH) with Brazilian Real (BRL) easily at Switchere and benefit from fast, secure transactions.
Bitcoin Cash (BCH) is a decentralized cryptocurrency that emerged as a fork from Bitcoin in 2017 to address Bitcoin’s scalability issues, aiming to support faster transactions and lower fees. Designed to be more efficient for day-to-day transactions, BCH increased block size limits from Bitcoin's 1MB to 8MB initially, later expanding further to 32MB, allowing the network to handle a higher volume of transactions at a lower cost. Its ecosystem includes wallet support, merchant adoption, and cross-border payments, making BCH a practical alternative for peer-to-peer digital transactions. Bitcoin Cash has also fostered a community focused on preserving the original vision of Bitcoin as "peer-to-peer electronic cash," prioritizing usability in payments over the store-of-value narrative that Bitcoin has adopted. Its robust development team continues to innovate with features such as Schnorr signatures and new smart contract capabilities, making BCH a unique asset in the cryptocurrency landscape.
Bitcoin Cash has low transaction fees due to its larger block size, making it affordable for users to send BCH even for small payments.
Mining secures the Bitcoin Cash network by confirming transactions and adding them to the blockchain, and miners earn rewards in the form of BCH.
SmartBCH is a sidechain that brings Ethereum-compatible smart contract functionality to Bitcoin Cash, enabling DeFi projects and decentralized applications on the BCH network.
Transactions are verified by miners, who use computational power to validate each transaction, ensuring the security and integrity of the network.
While Bitcoin Cash is primarily designed as a peer-to-peer payment system, certain protocols (like SmartBCH) enable limited smart contract capabilities.