Bitcoin Cash
Bitcoin Cash is a fork of Bitcoin that increased block size to allow faster and cheaper transactions. It maintains many of Bitcoin's core principles but focuses on being a medium of exchange rather than a store of value. BCH is accepted by some merchants and aims to fulfill the original vision of Bitcoin as peer-to-peer digital cash. It appeals to users prioritizing transaction speed and low fees.
| Bitcoin Cash | |
|---|---|
| Available on Coinbase (2024)? | Yes |
| Creator(s) | Group of developers including Amaury Séchet |
| Start year | 2017 |
| Decentralized score (out of 5) | 4/5: Decentralized with Influences |
| Influences or central authority | key development teams and miner consensus |
| Can be mined? | Yes |
| New issuance method | Proof of Work (PoW) |
| Maximum supply (in millions) | 21 |
| Percentage already issued (2024) | 93% |
| Key functions (other than transactions) | none |
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