BCH (Bitcoin Cash) is a cryptocurrency that was created in 2017 as a fork of the Bitcoin blockchain. Here are some key details about BCH:$BCH
- Symbol: BCH
- Blockchain: Bitcoin Cash
- Consensus Algorithm: Proof of Work (PoW)
- Total Supply: 21 million BCH tokens
- Circulating Supply: Approximately 19 million BCH tokens
- Use Cases:
- Peer-to-peer transactions
- E-commerce
- Microtransactions
- Smart contracts
- Unique Features:
- Larger block size (32 MB) for increased scalability
- Faster transaction processing times
- Lower transaction fees
- Compatibility with Bitcoin infrastructure
Current Price (approximate):
- Price: $120
- Market Cap: $2.5 billion
- 24h Volume: $500 million
Some potential benefits of BCH include:
1. Increased scalability
2. Faster transaction processing times
3. Lower transaction fees
4. Compatibility with Bitcoin infrastructure
BCH Risks:
1. Market volatility
2. Regulatory uncertainty
3. Smart contract risks
4. Adoption challenges
Other similar cryptocurrencies include:
1. Bitcoin (BTC)
2. Bitcoin SV (BSV)
3.