Bitcoin Cash (BCH) is a cryptocurrency that forked from the original Bitcoin blockchain in August 2017 as a result of a disagreement over how to scale the network. The fork increased the block size from 1 MB to 8 MB (later 32 MB) to allow more transactions per block and reduce fees. Bitcoin Cash aims to function as a peer-to-peer electronic cash system for everyday transactions, distinguishing itself from Bitcoin's evolving role as a store of value.
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“Bitcoin Cash processed the payment in seconds with a fraction-of-a-cent fee, demonstrating its focus on fast, low-cost transactions.”