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Bitcoin Cash (BCH)
Bitcoin Cash is a cryptocurrency created in August 2017, from a fork of Bitcoin. Bitcoin Cash increased the size of blocks, allowing more transactions to be processed and improving scalability. The cryptocurrency underwent another fork in November 2018 and split into Bitcoin Cash ABC and Bitcoin Cash SV (Satoshi Vision). Bitcoin Cash is referred to as Bitcoin Cash because it uses the original Bitcoin Cash client.
Bitcoin Cash proposes to resolve the situation by increasing the size of blocks to between 8 MB and 32 MB, thereby enabling the processing of more transactions per block. The average number of transactions per block on Bitcoin at the time Bitcoin Cash was proposed was between 1,000 and 1,500.4 The number of transactions on Bitcoin Cash’s blockchain during a stress test in Sep. 2018 surged to 25,000 per block.
Bitcoin Cash currently sits at $537.87 but reached an all time high of $3785.82 on the 2017-12-20 at 00:00. The circulating supply of Bitcoin Cash is currently at 18851943.6467084 and has a maximum supply number of 21000000.0 BCH. In the last 24 hours we have seen highs of $553.57 and lows of $517.15. In the last seven days we have seen a price fluctuation of -1.2% with a market cap of $10220005895.