Bitcoin Cash – BCH

Bitcoin Cash Info
Today Price 117.08$
ATH (ALL TIME HIGH) 3785.82$
ATH Price Percentage Change To Now -96.913216209905%
ATH Date 2017-12-20T00:00:00.000Z
ATL Price Percentage Change To Now 51.89%
ATL Date 2018-12-16T00:00:00.000Z
Market Cap 2241831004$
Total Volume 477351972$
High 24h 116.99$
Low 24h 111.95$
Price Change Percentage in 7 Day 7.20576%
Price Change Percentage in 30 Day -2.16328%
Price Change Percentage in 60 Day -19.07379%
Price Change Percentage in 200 Day -59.78188%
Price Change Percentage in a Year -75.32137%

Bitcoin Cash is the Number 32 Cryptocurrency in the World.
The 117.08 symbol is bch and Market Cap is 2241831004 Dollars.
bch ATH Was 3785.82 at 2017-12-20T00:00:00.000Z and ATL was 76.93 at 2018-12-16T00:00:00.000Z.
In the last 24h, bch high was 116.99$ And the low was 111.95$

Bitcoin Cash is a hard fork of Bitcoin with a protocol upgrade to fix on-chain capacity. Bitcoin Cash intends to be a Bitcoin without Segregated Witness (SegWit) as soft fork, where upgrades of the protocol are done mainly through hard forks and without changing the original economic rules of the Bitcoin.

Bitcoin Cash (BCH) is released on 1st August 2017 as an upgraded version of the original Bitcoin Core software. The main upgrade is the increase in the block size limit from 1MB to 8MB. This effectively allows miners on the BCH chain to process up to 8 times more payments per second in comparison to Bitcoin. This makes for faster, cheaper transactions and a much smoother user experience.

Why was Bitcoin Cash Created?

The main objective of Bitcoin Cash is to to bring back the essential qualities of money inherent in the original Bitcoin software. Over the years, these qualities were filtered out of Bitcoin Core and progress was stifled by various people, organizations, and companies involved in Bitcoin protocol development. The result is that Bitcoin Core is currently unusable as money due to increasingly high fees per transactions and transfer times taking hours to complete. This is all because of the 1MB limitation of Bitcoin Core’s block size, causing it unable to accommodate to large number of transactions.

Essentially Bitcoin Cash is a community-activated upgrade (otherwise known as a hard fork) of Bitcoin that increased the block size to 8MB, solving the scaling issues that plague Bitcoin Core today.

Nov 16th 2018: A hashwar resulted in a split between Bitcoin SV and Bitcoin ABC

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