This is the number four biggest and popular coin in the market. It came back in the year 2017 after the dispute that came up among the key personnel in the BTC ecosystem. The dispute was based on the size limit given to the BCH block. As at this moment, the Bitcoin cash is being seen as daily payment currency. Anywhere you see the ticker symbol BCH, it stands for the cryptocurrency, Bitcoin cash. A lot of people tend to confuse Bitcoin cash with Bitcoin, and these two cryptocurrencies are not the same. Although the Bitcoin cash can be referred to as the fork of Bitcoin, the two share similar technology and the services of Bitmain.
The Bitcoin cash is a cryptocurrency on its own, and it has its blockchain, just like the Bitcoin. However, the transfer fees for the Bitcoin cash is much cheaper and lesser than the Bitcoin. This is why many people tend to go for the Bitcoin cash since it would be saving them more money. In this Bitcoin cash, more transactions can be processed, unlike the Bitcoin. This is because the Bitcoin cash has increased block sizes when compared to Bitcoin. In 2018, Bitcoin cash was split into two, giving rise to the Bitcoin Cash ABC and Bitcoin Cash SV. The reason this coin is still called the Bitcoin cash after the split up into a because it still makes use of the original Bitcoin cash client.
Bitcoin cash does not rely on a central authority such as a bank institution or a government. It records every one of its transactions on an open global Leger known as the blockchain.
