BCH

Dear WEEXers,

Token: BCH

Project name:BitcoinCash

Issued date: July 24, 2017

Total supply: 21,000,000 BCH

White paper: https://www.bitcoincash.org/bitcoin.pdf

Official website: https://www.bitcoincash.org/

Block explore: https://blockchair.com/bitcoin-cash/blocks

Brief introduction: 

Bitcoin Cash is a fork of Bitcoin that prioritizes onchain scaling and aims to serve as a peer-to-peer electronic cash system. The 1 megabyte limit on Bitcoin blocks led to significant delays between initiating and completing transactions, as well as higher fees due to the limited space per block. Bitcoin Cash increased block sizes and plans to continue expanding them, thereby allowing more transactions to be processed and increasing the network’s capacity. On August 1, 2017, Amaury Séchet released the first Bitcoin Cash software implementation. Miners running this software were able to validate a new kind transaction to create a new chain, BCH. This process is known as a "hard fork" since it created a new version of the BTC chain that followed BCH rules. Today, BCH and BTC share the exact same transaction history up to that point.

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