Yes! In 2017, the Bitcoin project and its community split into two. Perhaps the least controversial way to refer to each side is simply by their respective ticker symbols, BTC and BCH. While exchanges commonly refer to BTC as simply “Bitcoin”, Bitcoin Cash, usually represented by the BCH ticker symbol, is considered by its supporters to be a legitimate continuation of the Bitcoin project, and the version with the best chance of creating a globally adopted peer-to-peer electronic cash system.

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Peer to peer (P2P) electronic cash is simply described as online money sent from one person to another without the need for a trusted third-party. As described in the original Bitcoin whitepaper by Satoshi Nakamoto, P2P cash makes use of digital signatures as part of the solution, but the main benefits are lost if a trusted third party is still required to prevent fraud. This makes P2P cash a trustless and safe way to transact without the need of intermediaries.

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ada $0.04303.25%ae $0.1741*2.28%bcd $0.4920*1.23%bch $239.503.83%bcn $0.0004*0.08%bnb $17.331*8.49%bsv $87.376*4.71%btc $8,605.14.06%btg $8.48484.96%btm $0.0590*5.67%bts $0.0293*2.35%dash $74.8193.11%dcr $17.130*0.76%dgb $0.009015.89%doge $0.00240.59%eos $3.25705.43%etc $4.88405.18%eth $192.266.35%gnt $0.0504*3.46%ltc $59.4323.41%icx $0.1753*0.93%iost $0.0052*2.38%lsk $0.90002.47%miota $0.2754*1.18%mkr $527.06*0.00%moac $0.2363*3.01%nano $0.7934*4.82%neo $7.73481.39%omg $0.9102*1.69%ont $0.6616*5.84%ppt $0.5900*1.72%qtum $1.85932.51%rep $8.51302.39%sc $0.0020*19.74%steem $0.1433*4.66%strat $0.3696*0.00%trx $0.01703.19%tusd $0.9982*0.10%usdt $1.00090.08%waves $0.96000.73%xem $0.04281.86%xlm $0.06333.02%xmr $56.6471.65%xrp $0.28162.89%xtz $0.9395*4.41%xvg $0.00350.00%zil $0.0061*2.19%zrx $0.25442.23%

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Bitcoin Cash was launched in August 2017, as a direct response to small block sizes on the Bitcoin code. 1MB block sizes were not meeting the demand of the growing community, so a group of dissatisfied crypto enthusiasts decided to create a ‘hard fork’ of the Bitcoin blockchain, with an increased 8MB block size. No one person currently takes credit for the token’s creation; rather it is attributed to a de-centralized group of developers. 

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The r/BitcoinCash subreddit is a forum dedicated to discussing the cryptocurrency Bitcoin Cash (BCH). The aim of this subreddit is to cultivate a space for constructive discussion about Bitcoin Cash. Intentionally disruptive behaviour and heavily off-topic discussion will be moderated accordingly. Please refer to the sidebar for the subreddit rules.

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The would-be hard fork with an expanded block size limit was described by hardware manufacturer Bitmain in June 2017 as a "contingency plan" should the bitcoin community decide to fork; the first implementation of the software was proposed under the name Bitcoin ABC at a conference that month. In July 2017, the Bitcoin Cash name was proposed by mining pool ViaBTC. The change, called a fork, took effect on 1 August 2017. As a result, the bitcoin ledger called the blockchain and the cryptocurrency split in two.[16]

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“The arguments have devolved over three or four years of bitter debate, the principles are real and they are important to preserve, but a lot of the drama has nothing to do with principles anymore. A lot of this debate is now more about hurt feelings. It’s about bruised egos. It’s about things that were said that can’t be unsaid, insults that were exchanged, and personalities and ego.”

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EDA adjustments caused instabilities in mining difficulty of the Bitcoin Cash system, resulting in Bitcoin Cash being thousands of blocks ahead of Bitcoin. To address the problem with stability, a change of the Bitcoin Cash DAA was implemented and the EDA cancelled. The change took effect on 13 November 2017. After the change, the Bitcoin Cash DAA adjusts the mining difficulty after each block. To calculate the difficulty for a new block, the Bitcoin Cash DAA uses a moving window of last 144 blocks.[36]


This content is being provided to you for informational purposes only. The content has been prepared by third parties not affiliated with Coinbase Inc or any of its affiliates and Coinbase is not responsible for its content. This content and any information contained therein, does not constitute a recommendation by Coinbase to buy, sell or hold any security, financial product or instrument referenced in the content.

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Rising fees on the bitcoin network contributed to a push by some in the community to create a hard fork to increase the blocksize. This push came to a head in July 2017 some members of the Bitcoin community including Roger Ver felt that adopting BIP 91 without increasing the block-size limit favored people who wanted to treat Bitcoin as a digital investment rather than as a transactional currency.This push by some to increase the block size met a resistance. Since its inception, Bitcoin users had maintained a common set of rules for the cryptocurrency. Eventually, a group of bitcoin activists, investors, entrepreneurs, developers and largely China based miners were unhappy with bitcoin's proposed SegWit improvement plans meant to increase capacity and pushed forward alternative plans for a split which created Bitcoin Cash. The proposed split included a plan to increase the number of transactions its ledger can process by increasing the block size limit to eight megabytes. Bitcoin cash is not one of the fastest cryptocurrency per transaction. And it is good investment for economic crisis.

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