What is Bitcoin Cash?

Bitcoin Cash is a cryptocurrency, created from a hard fork from the Bitcoin blockchain in 2017. The goal of the hard fork was to be the real “Peer to peer electronic cash” as described in Satoshi Nakamoto's original white paper.

How does it work?

Bitcoin Cash works on the original Bitcoin software written by Satoshi Nakamoto. The key difference is Bitcoin Cash has increased block sizes to lower transaction costs.

What are the features of Bitcoin Cash?

Bitcoin Cash supports fast transactions and low transaction fees with the help of large blocks. The Bitcoin Cash network is undergoing an upgrade on May 15, 2023 to support cash tokens & NFTs.

What are Cash Tokens?

CashTokens are digital assets that can be created on the Bitcoin Cash (BCH) network. These tokens can be issued by any person, organization, or decentralized application. The new cash token upgrade will support Fungible Tokens, Non-Fungible Tokens (NFTs) & Decentralized Applications (dApps).

What are Fungible Tokens?

Fungible tokens are "tokens" that are undifferentiated from each other. Fungible tokens can be used to create stocks, bonds, options, stablecoins, regional currencies, asset-backed tokens, loyalty points, etc. Fungible tokens are also critical for decentralized applications to function.

What are Non-Fungible Tokens (NFTs)?

Non-fungible tokens are unique units which cannot be merged or divided. They can be used to represent unique assets like art, real estate, etc

What are Decentralized Applications? (dApps)

Dapps, short for decentralized applications, are computer programs that run on a decentralized network like Ethereum. They don't need a central authority or middlemen to function, and instead rely on smart contracts to automatically execute code. Dapps can be used for a wide range of applications, such as online games, social media, and financial services.

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