Kim?
Bitcoin Cash (BCH) is a cryptocurrency that emerged as a result of a hard fork from Bitcoin (BTC) in 2017.
The team behind BCH consists of a group of developers who have expressed concerns about Bitcoin's transaction capacity and scalability.
The team created BCH while maintaining Bitcoin's core technology, making some changes such as larger block sizes and faster transaction times.
Is it?
BCH is based on Bitcoin's core technology, but with some significant changes.
The most significant change is the increase in block size from 1 MB to 8 MB. This allows more transactions to be processed faster and with lower fees.
Unlike Bitcoin, BCH also supports some new technologies such as SegWit and Taproot.
Where?
BCH is supported by many cryptocurrency exchanges and wallets.
You can use a cryptocurrency exchange like Binance, Coinbase, or Kraken to buy or sell BCH.
You can use a hardware wallet like Ledger or Trezor or a software wallet like Exodus or Trust Wallet to store BCH.
When?
BCH was launched on August 1, 2017.
Since then, it has become one of the largest cryptocurrencies by market cap.
From where?
BCH was created due to concerns about Bitcoin's transaction capacity and scalability.
Proponents of BCH argue that a larger block size will allow more transactions to be processed faster and with lower fees.
They also argue that BCH has more use cases compared to Bitcoin.
How?
BCH works similarly to Bitcoin.
Transactions are recorded on a blockchain, similar to the Bitcoin network.
BCH transactions are processed faster and with lower fees than Bitcoin transactions.