BCH, Bitcoin Cash (BCH)
Bitcoin Cash (BCH) is an implementation of bitcoin focusing on being a peer-to-peer electronic cash system.
The bitcoin implementation which strives to scale peer-to-peer cash to the world using on-chain and off-chain scaling solutions. BCH continues to improve the network on a semi regular schedule when improvements are ready.
Bitcoin Cash (BCH) forked from the Bitcoin (BTC) blockchain on August 1st, 2017.
One of the main motivations the BTC community being reluctant to do hard forks. This results in the Bitcoin (BTC) network using up all it's capacity, which leads to transactions costing more as each transaction has to out pay all the other transactions. On most days this results in BTC transaction fees around ~$2-8, while BCH is able to sustain $0.001 transaction fees. During high usage such as during bull runs, the BTC transaction cost can go much higher.
* All terms and definitions may update as the Cryptionary improves.