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Bitcoin Cash (BCH) is a cryptocurrency that was created in August 2017 as a hard fork of the original Bitcoin (BTC). The fork was the result of a disagreement between developers and miners over how to scale the Bitcoin network. Bitcoin Cash was created to increase the block size of Bitcoin from 1MB to 8MB, allowing for faster transaction speeds and lower transaction fees.
The Bitcoin Cash network is maintained by a decentralized network of miners who use their computing power to validate transactions and create new blocks in the blockchain. The miners are rewarded for their work with newly created BCH tokens.
Bitcoin Cash is a peer-to-peer (P2P) electronic cash system that allows users to send and receive payments without the need for a central authority. Transactions are verified by a distributed network of nodes and recorded in a public ledger called the blockchain.
The Bitcoin Cash network is a public ledger that is maintained by a decentralized network of miners and nodes. These miners and nodes use their computing power to validate transactions and create new blocks in the blockchain. The miners are rewarded for their work with newly created BCH tokens.
Bitcoin Cash has a total supply of 21 million coins, with a current circulating supply of around 18 million coins. The coin has a maximum block size of 8MB, allowing for faster transaction speeds and lower transaction fees.
The Bitcoin Cash network is secured by a distributed Proof-of-Work (PoW) consensus algorithm. This algorithm requires miners to solve complex mathematical problems in order to create new blocks and earn rewards.
Bitcoin Cash is supported by a number of exchanges, wallets, and payment processors. It is also supported by a number of merchants, allowing users to purchase goods and services with BCH.
Bitcoin Cash is a cryptocurrency that was created to increase the block size of Bitcoin from 1MB to 8MB, allowing for faster transaction speeds and lower transaction fees. The Bitcoin Cash network is maintained by a decentralized network of miners and nodes who use their computing power to validate transactions and create new blocks in the blockchain. The miners are rewarded for their work with newly created BCH tokens. Bitcoin Cash has a total supply of 21 million coins, with a current circulating supply of around 18 million coins. The coin has a maximum block size of 8MB, allowing for faster transaction speeds and lower transaction fees. Bitcoin Cash is supported by a number of exchanges, wallets, and payment processors, and is accepted by a number of merchants.