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Bitcoin Cash (BCH)

is a peer-to-peer electronic cash system that emerged as a result of a hard fork from the original Bitcoin blockchain in August 2017. It shares many similarities with Bitcoin but has some key differences, particularly in its approach to scalability and transaction fees.

Bitcoin Cash aims to address some of the limitations of Bitcoin by increasing the block size limit, allowing for more transactions to be processed within each block. This is intended to improve transaction throughput and reduce fees, making BCH more suitable for everyday transactions.

Like Bitcoin, Bitcoin Cash operates on a decentralized network of nodes, with transactions recorded on a public ledger called the blockchain. It can be used for various purposes, including peer-to-peer payments, remittances, and online purchases.

Overall, Bitcoin Cash seeks to fulfill the original vision of Bitcoin as outlined in Satoshi Nakamoto's whitepaper: a decentralized digital currency that enables fast, low-cost transactions without the need for intermediaries like banks or payment processors.