Purchase Bitcoin Cash (BCH) with Norwegian Krone (NOK) 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.
A multi-signature (multi-sig) wallet requires multiple private keys to authorize a transaction, enhancing security for high-value BCH accounts.
Miners vote on protocol changes and upgrades through their mining activity, playing a key role in Bitcoin Cash’s decentralized governance.
Yes, BCH transactions can be automated through smart contracts on the SmartBCH platform, supporting various applications in payments and finance.
Through SmartBCH, Bitcoin Cash can connect with oracles to bring external data on-chain, supporting DeFi applications requiring real-world data.
Bitcoin Cash allows adding text memos to transactions, which can be used to include messages, notes, or invoice details with payments.