Bitcoin Cash (BCH) is both a cryptocurrency and a payment network. It was created after a Bitcoin hard fork in December 2017 with the purpose of increasing the number of transactions that can be processed. The official Bitcoin Cash website describes this cryptocurrency as “Internet P2P electronic cash”.
Differences between Bitcoin and Bitcoin Cash
Bitcoin Cash was created through a Bitcoin Hard Fork. This means that while there are similarities, there are also some key differences between the two cryptocurrencies such as block size, algorithm, and emergency hardship adjustment (EDA).
