BCH is short for Bitcoin Cash, which is a branch of BTC and was separated from the Bitcoin blockchain through a hard fork on August 1, 2017. The purpose of the hard fork is to solve the problems of slow Bitcoin transactions and high fees. Compared with Bitcoin, BCH has larger blocks, can handle more transactions, and has lower fees and faster processing speeds.
For many newbies, they don’t understand what is called a fork at all. Mumu explains it to you like this: In fact, almost any coin can be forked into multiple coins, such as btc and bch. The forked (Btc) is called the emperor, and the forked (bch) is called the prince. The coin under the Bch fork is called the grandson. The fork mentioned above is to solve the technical problems in a certain field, and it is actually a game set by the dealer to take advantage of the popularity of a certain coin.
But in fact, at first, this type of forked coin is indeed worth investing in, just like Mumu’s investment philosophy: buying coins must be bought on the vents and hot spots. Those who paid for the technology to land are probably all Barbie Q now, because most of the white papers of Bi are written for investors, not for the underlying technical team of the currency.
