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Bitcoin Cash (BCH)

cryptocurrency · bitcoin-cash

A proof-of-work cryptocurrency that split from Bitcoin in 2017 and follows a separate on-chain scaling and CashVM roadmap.

1.general

Bitcoin Cash (BCH) is a separate cryptocurrency and consensus network created by the August 2017 Bitcoin chain split. It inherited transaction history up to the split, then adopted distinct rules, software, market value, and infrastructure.

2.protocol

BCH uses SHA-256 proof of work, a UTXO ledger, CashAddr payment encoding, and a roughly ten-minute target block interval. Later upgrades added ASERT difficulty adjustment, adaptive block capacity, native transaction introspection, CashTokens, and additional CashVM operations.

3.tradeoffs

BCH prioritizes more base-layer transaction capacity and regular coordinated hard-fork upgrades. That can provide spare blockspace and faster protocol iteration while increasing node-resource, implementation, and upgrade-coordination requirements.

4.safety

BCH is not interchangeable with BTC or similarly named assets. Verify the network, address format, wallet support, confirmation status, and token category before transferring value.

Is Bitcoin Cash the same as Bitcoin?

No. BTC and BCH share early history and some technical foundations, but operate as separate networks. A BCH payment does not pay a BTC invoice. Similar-looking legacy addresses do not establish compatibility; check the asset and network in both the sending and receiving wallet.

The history of Bitcoin Cash upgrades explains how its rules diverged. Upgrade Tracker organizes protocol changes and their sources, while CashTokens versus ERC-20 compares its native token model with Ethereum's contract interface.

For a first payment, use the wallet setup walkthrough. The Bitcoin Cash project site links to network software and ecosystem resources; verify wallet support for the specific BCH assets you intend to receive.

Related terms

All terms and definitions may update as the Cryptionary improves.