Rank # 21
What is Bitcoin Cash?
BitCoin Cash is a cryptocurrency resulting from a hard fork from Bitcoin in August 2017.
It was forked just before Bitcoin had implemented SegWit, so, unlike Bitcoin, BCH doesn't include this feature. It has a block size limit of 8 MB, in contrast to Bitcoin's 1 MB. This allows for a much higher transaction throughput, i.e. 61 transactions per second, while Bitcoin is limited to 7. Also Bitcoin Cash's algorithm adjusts its difficulty every 6 blocks instead of 2016 blocks (Bitcoin).
In ice, transaction fees are also significantly lower in BCH than in BTC.
Bitcoin Cash is a cryptocurrency with a current price of $ 573.88 and marketcap of $ 10,854,200,628. Bitcoin Cash's market price has increased 3.44% in the last 24 hours. It ranks 21 amongst all other cryptocurrencies with daily volume of $ 2,817,021,308.