Bitcoin Cash, a decentralized cryptocurrency, boasts larger blocks, low fees, and smart contract support, enhancing global transactions. More
| Fully Diluted Valuation | $11.36B |
|---|---|
| 24H Trading Volume | $479.50M |
| 24H Low / High | $555.04 / $ 595.37 |
| Circulating Supply | 19.90 M |
| Total Supply | 19.91 M |
| Max Supply | 21.00 M |
| Categories | Smart Contract Platform 4 more |
|---|---|
| Founder | Roger Ver |
| Website | bch.info |
| Socials | 3 more |
| Chains | Bitcoin Cash Ecosystem |
| Explorer | 3xpl 6 more |
| Name | Pair | OG Score |
|---|
Bitcoin Cash (BCH) emerged in August 2017 as a result of a hard fork from Bitcoin, aimed at addressing the scalability issues faced by its predecessor. The primary modification involved increasing the block size from Bitcoin's one MB to eight MB, facilitating faster transactions and lower fees. This enhancement positioned BCH as a decentralized peer-to-peer cash network, closely aligned with Bitcoin's principles but with the goal of improving transaction throughput. In contrast to Bitcoin's one MB block size, BCH's larger 8 MB block size, and later increased to 32MB as of 2023, allowed for a more efficient processing of transactions, making it suitable for micro-transaction economies and reducing settlement times for remittances and cross-border trade.
Bitcoin Cash operates on a Proof-of-Work (PoW) consensus mechanism, similar to Bitcoin, where miners validate transactions using computer power and are rewarded in BCH. The coin's deflationary nature, capped at 21 million coins, aligns with Bitcoin's fundamentals, but BCH stands out by not incorporating Segregated Witness (SegWit), which Bitcoin uses to increase block size. Furthermore, Bitcoin Cash supports smart contracts, expanding its use cases beyond traditional transactions. Mining BCH can be done individually, through mining pools, or via cloud mining. While individual miners may find it challenging to compete without high-end equipment, pool mining and cloud mining offer more regular rewards, with participants sharing computing power.
Bitcoin Cash's journey includes a notable hard fork in 2018, resulting in the creation of Bitcoin SV (BSV). This split reflected disagreements within the BCH community, with Bitcoin ABC continuing as Bitcoin Cash. Despite challenges, BCH has established itself among the top 20 cryptocurrencies, emphasizing its commitment to fast payments, micro fees, privacy, and larger block size. As a permissionless and decentralized cryptocurrency, Bitcoin Cash remains true to the original vision set forth by Satoshi Nakamoto in creating a global peer-to-peer electronic cash system.
Bitcoin Cash stands out with larger blocks, low fees, and smart contract support, enhancing global transactions.
Bitcoin Cash originated from a 2017 hard fork initiated by developers, including support from figures like Roger Ver.
Notable support came from figures like Roger Ver within the Bitcoin community.
Bitcoin Cash utilizes the Proof-of-Work (PoW) consensus mechanism, where miners validate transactions and are rewarded with BCH.
You can buy Bitcoin Cash (BCH) on Binance, Gate.ioBybitBitgetMEXC cryptocurrency exchanges.
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There may be different staking options available such as to participating in DAOs, decentralized governance and revenue sharing. Please watch out for scams. Only consider staking options promoted on the official website of the project and advised partners. Please click here to see the official links and make sure to follow the latest instructions.
This data is dynamic and varies depending on the number of tokens that are being vested/vesting, removed from circulation because of network transactions or burned permanently and staking reward distribution mechanism. According to self-declared data the circulating supply of Bitcoin Cash (BCH) is ($19,904,993), max supply of Bitcoin Cash BCH is ($21,000,000) and the market cap of Bitcoin Cash BCH is ($11,364,718,153).
What is the Bitcoin Cash (BCH) price prediction?
Predicting prices in the crypto market is highly speculative and can't be definitively stated. Various factors drive price movements such as macroeconomics, Bitcoin ($btc) and crypto market overall behavior, on-chain activity, whale positionings, growth potential of the project etc. We cannot give any price predictions nor financial advice, but you can look at our comprehensive data, expert user reviews and decide if the product suits your needs! Please do your own research DYOR!
The current market price of Bitcoin Cash (BCH) is $570. As the OGAudit community we mainly focus on features such as use cases, product development, and sustainable growth. However, we also provide real-time market data and coin/token statistics, analytics, price history for popular altcoins. see here.
It is important to do comprehensive research before deciding whether Bitcoin Cash (BCH) or any other cryptocurrency is a good investment. We believe you should ask each of these questions before deciding to invest or make partnerships with any crypto project:
Is this type of digital asset considered legal in your country?
Does Coin (Bitcoin Cash BCH) solve a good problem or offer the best solution?
Do products and services work effectively, and solutions are scalable?
Does the team have a realistic roadmap and can catch up with it?
Does Bitcoin Cash (BCH) have reasonable and sustainable revenue income models?
Can the team market their products and services well?
How decentralized is the governance and how strong is the community?
Has it reached its fair market value yet?
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As the OGAudit community crypto experts, we evaluate crypto projects by asking each of these questions and more, to provide objective and reliable comments and ratings for the end-user, investors, and institutions. By carefully considering these reviews, ratings, and price action, you can decide whether Bitcoin Cash (BCH) is a good crypto to invest in or not. To access these evaluations and ratings please click here . The OGAudit experts are the largest, most experienced, and elite users in the crypto space. However, keep in mind that the scores, expert reviews and comments on our platform are OGAudit users’ personal views and meant for educational purposes only. None of the information we publish on our website contains any investment advice and should not be perceived as such. Always -DYOR- do your own research well.
