Bitcoin Core

Name

Bitcoin Core

Summary

Bitcoin Cash is a peer-to-peer electronic Cash system.
-It is the result of the hard fork when the Bitcoin project and its community are divided into two for the Bitcoin’s scalability.

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Rating

A

Symbol

BCH

Overview

Bitcoin Cash intends to become a reliable worldwide currency with fast payments, low transaction costs, and huge transaction capacity (big blocks). Bitcoin Cash payments are delivered directly from one person to another, similar to how actual money, such as a dollar bill, is handed to the person being paid.

Bitcoin Cash does not require any trusted third parties or a central bank because it is a permissionless, decentralized cryptocurrency. Bitcoin Cash, unlike traditional fiat money, is not reliant on monetary intermediaries such as banks and payment processors. Governments and other centralized corporations cannot censor transactions. Similarly, because financial third parties have no influence over the Bitcoin Cash network, funds cannot be seized or frozen.

Historical Price Movement (in INR)

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Technology

Bitcoin Cash employs a Proof-of-Work (PoW) consensus process.
It is programmed in C++ language.
Bitcoin Cash, unlike Bitcoin (BTC), aspires to scale in order to satisfy the demands of a worldwide payment system. The Bitcoin Cash block size was increased from 1MB to 8MB at the time of the split. Due to the larger block size, Bitcoin Cash can now process much more transactions per second (TPS) while maintaining extremely low costs, resolving the issues of payment delays and high fees that some Bitcoin BTC users have faced.

Token Allocation

N.A

Volume ( as of 11th april 2022)

$5,141,417,014

Total Supply

19,024,700.00 BCH

Circulating Supply

19,024,700.00 BCH

Crowd Sales

N.A

Funding

N.A

Country

-

Year Incorporated

2009

Registered Address

Decentralized

Dispute Resolution and Governing Law

N.A

Country Risk Assessment

Decentralized

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Decentralized

Founding Team
Name Designation Education Experience
Satoshi Nakamoto – Anonymous Founder Computer Programmer/Scientist NA
Links