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Bitcoin Cash (BCH)

A Peer-to-Peer Electronic Cash System.

Asset Summary

  • Blockchain: Bitcoin Cash
  • Consensus algorithm: Proof-of-Work
  • Genesis: 2009-01-03 18:15:05 UTC
  • Maximum supply: 21 million
  • Decimal: 8
  • Explorer:
  • Website:
  • Whitepaper: -

Project Summary

  • Bitcoin Cash (BCH) is a peer-to-peer electronic cash system, which aims to enable “new economies with low fee micro-transactions, large business transactions, and permissionless spending”.
  • Bitcoin Cash originated from an upgrade proposal of Bitcoin, that increased the maximum block size from 1 megabyte to 8 megabytes, which ultimately led to a hard-fork on August 1st, 2017 . Since then, additional changes have been approved, such as a new difficulty adjustment algorithm, the support of new opcodes, Schnorr Signatures, and further extensions in the block size.
  • Bitcoin Cash uses the same SHA-256d-based Proof-of-Work consensus mechanism as Bitcoin. Bitcoin Cash also has a target block time of 10 minutes, and its total supply is capped at 21 million.
  • On November 16th 2018, the Bitcoin Cash blockchain withstood another hard-fork, which resulted in a chain split into Bitcoin Cash SV and Bitcoin Cash ABC. Since then, Bitcoin Cash ABC has commonly used the BCH ticker and referred to as Bitcoin Cash.
  • The Bitcoin Cash network has protocol upgrades twice a year, on November 15th and May 15th. These upgrades are required for all node operators. For instance, on May 15th 2018, Bitcoin Cash upgraded to increase its block size to 32 megabytes.
  • Read more at Binance Research.

Market Summary

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