What is BCH

1. Programme Name

Bitcoin Cash (BCH)

2. Project Introduction

Bitcoin Cash (BCH) is a cryptocurrency payment network designed to facilitate peer-to-peer payments for everyday transactions. It was created to address the scalability challenge faced by Bitcoin due to its limited 1 MB block size. A section of the Bitcoin community members had been pushing for larger blocks as early as 2010. However, seeing no result from their efforts, this group hard-forked Bitcoin Cash from the Bitcoin blockchain on August 1, 2017.
Bitcoin Cash operates as a decentralized network for BCH transactions. In July 2021, Bitcoin Cash introduced Smart Bitcoin Cash (SmartBCH), which is a side chain compatible with Web3 API and the Ethereum Virtual Machine (EVM).
The maximum total supply of Bitcoin Cash is 21 million, just like Bitcoin.

Note: The project introduction comes from the materials published or provided by the official project team, which is for reference only and does not constitute investment advice. Some of the content may be out of date, error, or omission. HTX does not take responsibility for any resulting direct or indirect losses.