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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 is deflationary due to its fixed supply of 21 million BCH, meaning no additional coins will be created beyond this cap, potentially increasing value over time.
Although both use PoW, Bitcoin Cash has a more flexible difficulty adjustment mechanism, allowing faster adjustments to mining difficulty based on network activity.
Bitcoin Cash cannot be staked as it uses Proof-of-Work rather than Proof-of-Stake. However, some platforms allow users to earn interest on BCH holdings.
Nodes in the Bitcoin Cash network validate transactions and blocks, ensuring the network operates smoothly and securely without a central authority.
EDA is a feature of Bitcoin Cash that adjusts mining difficulty quickly when there are large changes in the network’s mining power, ensuring consistent block times.