Bitcoin Cash is a peer-to-peer cryptocurrency that is built on the world’s most robust blockchain technology. It is easy to use, hassle-free and you can send cash globally with very little transaction costs charged. This cryptocurrency has fast transaction times that is confirmed in minutes, and it runs on a reliable network that operates without congestion.
Bitcoin Cash fulfils the original promise of bitcoin as a peer-to-peer cryptocurrency and it offers unrestricted growth, permission-less transactions, decentralized development and global adoption.
Bitcoin Cash offer features such as on-chain scalability, transaction signatures that provide protection, improved wallet security as well as responsive Proof-of-Work difficulty adjustment that allows miners to migrate from the legacy Bitcoin blockchain as desired.Because it shares a common root with bitcoin, anyone that had bitcoin at the time Bitcoin Cash was created automatically became owners of bitcoin cash. It should be noted that there was a ledger split on 1st August 2017 and any transactions after the ledger split completely separated Bitcoin from Bitcoin Cash. Due to the split, Bitcoin Cash now has its own market price, transaction history and mining network.Bitcoin bought after the split, therefore does not have bitcoin cash included in it.
Bitcoin Cash is among the leading cryptocurrencies based on cryptocurrency market capitalization and it still remains one of those making waves in the market.