Bitcoin's twin: I'll warn you right now, bitcoin cash is not the paper version of the famous digital currency. Both cryptocurrencies aim to be digital currencies for exchanging value around the world. Both have the same mining algorithm with the proof-of-work protocol, the same reward system and the same ambition. Even from the point of view of units in circulation, the maximum number of tokens is 21 million and a block is mined every 10 minutes in the same way as the genuine bitcoin.

Bitcoin Cash is a so-called "fork" of Bitcoin following differences within the Bitcoin community. This event took place on August 1, 2017 at 478,559 blocks. Thus, there are two different blockchains today as a result of this split: the Bitcoin blockchain and the Bitcoin Cash blockchain (much less decentralized than its congener).

Features:

The native token of Bitcoin Cash is the BCH. It is intended to be a continuation of the original project of Satoshi Nakamoto, the creator of Bitcoin. It is a digital currency that allows the exchange of value between wallet A and wallet B. While the consensus remains Proof of Work (PoW) for this crypto currency, the major change with Bitcoin is the minable block size. The crypto-root remains on a block size of 1 MB while for BCH the size is 32 MB and it is bound to evolve to 1 TB. A blockchain that will become increasingly heavy and therefore less and less accessible to users worldwide. A system that will therefore tend towards more and more centralization.

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