What Is Bch Coin? - CryptoBasics360.com

What Is Bch Coin? Bitcoin Cash (BCH) is a cryptocurrency that emerged from the original Bitcoin, aiming to improve transaction speed and reduce fees. In this informative video, we will cover the origins of BCH, which was created in August 2017 as a result of a hard fork from Bitcoin's blockchain. We will explain the reasons behind this split, focusing on the concerns regarding Bitcoin's scalability and transaction efficiency. You will learn about the significant changes that Bitcoin Cash implemented, including the increase in block size, which allows for more transactions to be processed simultaneously. We will also touch on the mining process of BCH, which operates on the same proof-of-work mechanism as Bitcoin, and the capped total supply of coins. Furthermore, we will discuss the subsequent hard fork in November 2018 that resulted in the creation of Bitcoin Satoshi Vision (BSV), highlighting the differing philosophies on block size among developers. Join us for this in-depth look at Bitcoin Cash and its role in the cryptocurrency market today. Whether you're a new investor or someone looking to understand more about BCH, this video has something for you. Don't forget to subscribe to our channel for more informative content related to cryptocurrency. 🔗Subscribe: https://www.youtube.com/@CryptoBasics360/?sub_confirmation=1 #BitcoinCash #BCH #Cryptocurrency #Blockchain #DigitalCurrency #Bitcoin #CryptoInvesting #CryptoCommunity #Mining #TransactionFees #HardFork #BCHvsBSV #CryptoMarket #Altcoins #Finance #Investing Disclaimer: All content is used at your own risk. We provides information for educational purposes only. While we strive for accuracy, we encourage viewers to conduct their own research and seek professional advice when necessary.