Bitcoin Cash (BCH) is a digital currency forked from Bitcoin (BTC) with the following features: Larger block size (32MB) allows for more transactions; Fast transaction confirmation; More Low transaction fees; stable and reliable network. The differences between BCH and BTC include the use of a hybrid consensus mechanism, different hash functions, and community disagreements.
What is Bitcoin Cash?
Bitcoin Cash (BCH) is a digital currency that forked from Bitcoin (BTC) in 2017. It was created by a group of developers who wanted to increase the block size of Bitcoin, allowing more transactions to be made.
Main features of Bitcoin Cash:
1. Larger block size:
vs. BTC’s 1MB block size In comparison, BCH’s block size is 32MB. This allows more transactions to be processed in each block.
2. Fast transaction confirmation:
BCH transactions are usually confirmed faster than BTC transactions due to the larger block size.
3. Lower transaction fees:
Due to the larger block size, transaction fees on BCH are generally lower than BTC.
4. Stability:
The BCH network has been running stably for many years, providing its users with a reliable trading experience.
The difference between Bitcoin Cash and Bitcoin:
In addition to block size, there are several key differences between BCH and BTC:
- Consensus mechanism: BTC uses the Proof of Work (PoW) consensus mechanism, while BCH uses a hybrid PoW and Proof of Stake (PoS) mechanism.
- Hash function: BTC uses the SHA-256 hash function, while BCH uses a combination of SHA-256 and BLAKE-256 hash functions.
- Community: There are some disagreements between the BTC and BCH communities, and both parties have different opinions on their respective views.
Conclusion:
Bitcoin Cash is a digital currency forked from Bitcoin due to its large block size, fast transaction confirmation and lower fees to differentiate from BTC. Despite some differences, BCH remains an important player in the cryptocurrency market.
The above is the detailed content of What coin is Bitcoin Cash?. For more information, please follow other related articles on the PHP Chinese website!
Coinbase Lists XRP Futures Contracts on Its US Derivatives ExchangeApr 22, 2025 am 10:46 AMThe contracts are overseen by the US Commodity Futures Trading Commission (CFTC) and offer traders “a regulated, capital-efficient way to gain exposure to one of the most liquid digital assets,”
Avalanche Launches Crypto Payment Card as Network Attracts Big InstitutionsApr 22, 2025 am 10:44 AMFollowing an extended period of development and testing, the Avalanche Foundation has introduced a new payment solution in partnership with Rain—a crypto card provider integrated with Visa.
title: The Sacramento Kings will put their fate in ping pong balls and the NBA draft lottery that is to be held on May 12thApr 22, 2025 am 10:42 AMIn a tradition unlike many others, the Sacramento Kings will put their fate in ping pong balls and the NBA draft lottery that is to be held on May 12th
Debunking the $5800 XRP Claim: Samson Mow Explains Why It's UnrealisticApr 22, 2025 am 10:40 AMThough strong price projections are not unusual in the crypto space, occasionally, the speculation reaches levels worthy of examination. Recently, JAN3 CEO Samson Mow, an outspoken Bitcoin maximalist, reacted to assertions implying XRP would one day
MANTRA Founder and CEO John Patrick Mullin Has Initiated the Burn of His Full 150 Million OM Token AllocationApr 22, 2025 am 10:38 AMMANTRA founder and CEO John Patrick Mullin has initiated the burn of his full 150 million OM token allocation, following through on a commitment made last week
The Next 100x Meme Coin Isn't Even Listed Yet: Trolling the Cat MarketApr 22, 2025 am 10:36 AMMeme coin mania is once again at the forefront of crypto conversations. Whether you're a seasoned Degen or a casual investor watching from the sidelines
MANTRA (OM) Has Become the Center of AttentionApr 22, 2025 am 10:34 AMMANTRA (OM) has become the center of attention in the crypto space due to a bold move by its founder, John Patrick Mullin.
Oregon Sues Coinbase, Rejecting the Precedent Set by the Recent XRP RulingApr 22, 2025 am 10:32 AMAlleging that Coinbase broke securities rules, the State of Oregon, in an unexpected legal action, has sued one of the biggest crypto exchanges
Hot AI Tools
Undresser.AI Undress
AI-powered app for creating realistic nude photos
AI Clothes Remover
Online AI tool for removing clothes from photos.
Undress AI Tool
Undress images for free
Clothoff.io
AI clothes remover
Video Face Swap
Swap faces in any video effortlessly with our completely free AI face swap tool!
Hot Article
Hot Tools
MantisBT
Mantis is an easy-to-deploy web-based defect tracking tool designed to aid in product defect tracking. It requires PHP, MySQL and a web server. Check out our demo and hosting services.
mPDF
mPDF is a PHP library that can generate PDF files from UTF-8 encoded HTML. The original author, Ian Back, wrote mPDF to output PDF files "on the fly" from his website and handle different languages. It is slower than original scripts like HTML2FPDF and produces larger files when using Unicode fonts, but supports CSS styles etc. and has a lot of enhancements. Supports almost all languages, including RTL (Arabic and Hebrew) and CJK (Chinese, Japanese and Korean). Supports nested block-level elements (such as P, DIV),
Dreamweaver CS6
Visual web development tools
DVWA
Damn Vulnerable Web App (DVWA) is a PHP/MySQL web application that is very vulnerable. Its main goals are to be an aid for security professionals to test their skills and tools in a legal environment, to help web developers better understand the process of securing web applications, and to help teachers/students teach/learn in a classroom environment Web application security. The goal of DVWA is to practice some of the most common web vulnerabilities through a simple and straightforward interface, with varying degrees of difficulty. Please note that this software
ZendStudio 13.5.1 Mac
Powerful PHP integrated development environment
