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 () | USD | ||
| Market cap | Volume (24h) | Calculating Supply | Max Supply |
|---|---|---|---|
| USD | USD | ||
chart9.5K9.45K9.4K9.35K9.3K9.25K :0:10:20:30:40:50:60 9.5K9.45K9.4K9.35K9.3K9.25K 0:003:006:009:0012:0015:0018:0021:0024:00 9.5K9.45K9.4K9.35K9.3K9.25K 1234567 1234 -4-3-2-10 | |||
About Bitcoin Cash
Bitcoin Cash came around through a 2017 hard fork of the Bitcoin blockchain. As Bitcoin’s popularity grew the speed of transactions decreased as the network became congested. Two different camps appeared with differing views on how to increase the bandwidth of the bitcoin network, known as the scaling debate. An agreement could not be reached so the Bitcoin Network split into two, with everyone who held bitcoin receiving a 1:1 allocation of Bitcoin Cash.
People who support Bitcoin Cash believe the best way to increase usability is to increase the block size limit. A bitcoin transaction takes up digital space and they are batched together into blocks to be transmitted to the network. Bitcoin currently has 1mb blocks, however Bitcoin Cash has increased the block size, originally to 8mb but they have since increased it further.
