What is Bitcoin Cash (BCH)? Some may say that Bitcoin Cash is just another version of Bitcoin. Undoubtedly, it’s not true. The difference is the size of a block. Bitcoin has a certain limitation which is 1MB. It has a severe influence on the transaction and causes its delays. What the developers of Bitcoin Cash did is they increased the block size to avoid these problems and to make it possible to have more transactions. If you want to know how different is the new vision of block size from what it used to be, take a look at this data. Bitcoin Cash developers were able to increase the block size from 1 MB to 8 MB. In November 2018 another fork happened that helped to see the capabilities of block sizes. The Bitcoin Cash team developed 32 MB block size and later found an opportunity to create a 128 MB block size.
Bitcoin Cash appeared as a fork of Bitcoin. In 2017 Bitcoin network was going through changes that made some users unhappy. At that point Bitcoin was more an investment rather than electronic cash. The same year the first attempt to create a fork was made. In August blockchain split in two.
Bitcoin Cash has a number of important advantages:
Let’s say you want to buy Bitcoin Cash. What should you do? We suggest you go to the SimpleSwap homepage and follow the instructions below:
This is everything you need to know to buy BCH.