Last Updated on: 13th February 2021, 12:30 pm
Bitcoin Cash is peer-to-peer electronic cash for the internet. It is fully decentralized, with no central bank, and requires no trusted third parties to operate.
The original Bitcoin uses 1 MB block sizes, but Bitcoin Cash supporters believed a larger block size could better serve the currency during its scaling process. So on August 1, 2017, the Bitcoin blockchain forked into two different chains. Bitcoin still uses 1 MB blocks, while the newly-formed Bitcoin Cash uses 8 MB block sizes.
What is the ticker symbol for Bitcoin Cash?
It is represented by a number of different ticker symbols depending on the service or wallet.
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