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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.
CashTokens on Bitcoin Cash enable a range of applications, including stablecoins, tokenized assets, and custom financial instruments that operate on the BCH blockchain.
The Genesis Block is the first block in the Bitcoin Cash blockchain, created as a fork of Bitcoin, marking the start of the BCH blockchain.
While not as popular as Ethereum for NFTs, Bitcoin Cash can support non-fungible tokens (NFTs) on platforms like SmartBCH, enabling digital asset creation on the BCH blockchain.
The Bitcoin Cash testnet is a separate blockchain used for development and testing, allowing developers to experiment without using real BCH or risking funds.
Many wallets support multi-currency storage, including Bitcoin Cash, allowing users to manage BCH alongside other cryptocurrencies in one place.