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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 enables anyone with internet access to participate in the financial system, promoting inclusion in regions with limited access to traditional banking.
Applications built on Bitcoin Cash include SmartBCH, CashFusion (a privacy tool), and several decentralized finance (DeFi) projects.
Bitcoin Cash addresses scalability by allowing larger block sizes, which enables more transactions per block compared to Bitcoin and other cryptocurrencies with smaller blocks.
The Bitcoin Cash ecosystem includes a network of wallets, exchanges, businesses, and projects that support BCH’s use as a global payment solution.
CashFusion is a privacy tool for Bitcoin Cash that obscures transaction history, making it harder to trace BCH transactions and improving user privacy.