Bitcoin Cash
BCH
Crypto
Store of Value
USD 440.41-1.84%
Bitcoin Cash
UMushroom community rating:
About
Store of Value
CategoryProof Of Work
Consensus MechanismL1
L1/L2n/a
Sub-cateegoryn/a
Ecosystem2017
Year of creation
Description
Bitcoin Cash (BCH) is a Store of Value crypto coin. The coins can be earned through the process of mining. Bitcoin Cash`s origin block was generated on 2017-07-23. More information can be found at http://bch.info.
Key Technical Advantages:
Bitcoin Cash (BCH) is a cryptocurrency that was created as a fork of Bitcoin in 2017. It aims to fulfill the original promise of Bitcoin as "Peer-to-Peer Electronic Cash" by offering faster transaction times, lower fees, and increased scalability compared to the original Bitcoin network. Wallets: To use Bitcoin Cash, you need a digital wallet that supports BCH. Some popular options include Bitcoin.com, Electron Cash, Edge, Bitpay Wallet, Ledger, and Trezor. These wallets allow you to store, send, and receive BCH securely. Scalability: Bitcoin Cash increased the block size limit to 32MB, which enables more transactions to be processed per block compared to Bitcoin's 1MB limit. This improvement allows for faster and more reliable transactions with lower fees, making BCH more suitable for everyday use and micropayments. Decentralized Development: Multiple independent teams of developers contribute to the Bitcoin Cash ecosystem, ensuring no single group or project can control the protocol. This approach fosters innovation and resilience, safeguarding the network against potential attacks on protocol development. SmartBCH: This is a highly performant sidechain compatible with Ethereum Virtual Machine (EVM) and Web3, designed to support DeFi (decentralized finance) applications and NFT (non-fungible token) projects on the Bitcoin Cash network. This expands the potential use cases of Bitcoin Cash to include decentralized exchanges, lending platforms, and NFT marketplaces. Content summarized by AI chatbotSource:
https://bch.info/bitcoin.pdfKey figures
91.7%1Y
1.25%3Y
136%5Y
Performance
448/ 3931D
638/ 3931M
712/ 2221Y
Highs/ Lows
13.09.2022
USD 3,785.82
All Time High
11.63%
% of All Time High
-97.97%All Time
-60.30%1 year
Max drawdown
#19
Ranking by Market Cap
8,715.01 M
Market cap (USD)
0.00%
% of Market
2,008.841 B
Category Market Cap (USD)
0.43%
% of Category
19804090
Circulating Supply
19804090
Liquid Supply
100.00%
Liquid/ Circulating Supply
21000000
Max Supply
94.31%
Circulating/ Max Supply
905936213
Volume Traded
8.50%
Volume Traded/ Market Cap
Ratings & reviews
Performance:
0.00
Innovation:
0.00
Society:
0.00
Nature:
0.00
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