What is Bitcoin Cash?

Bitcoin Cash is designed to be used as a cheap payment system, much in the way Bitcoin was designed to be originally. Transactions fees are generally less than $.01, and transaction confirmation times are significantly less than Bitcoin's, generally within seconds. Bitcoin Cash was created and is maintained by an active community of developers.

What is the difference between Bitcoin (BTC) and Bitcoin Cash (BCH)?

To a crypto novice, Bitcoin (BTC) and Bitcoin Cash (BCH) may seem like the same product, but they each serve different, fundamental purposes. Bitcoin Cash was created as a peer-to-peer alternative to Bitcoin, in that it can be used in everyday transactions rather than as an investment, which Bitcoin is typically used for.

What is a Bitcoin Cash Fork?

In this case, that previous network is Bitcoin, while the Bitcoin Cash fork forged its own future. The fork was decided on by various miners and developers within the Bitcoin network who were hoping to get rid of its limitations. After all, many assume Bitcoin is meant to be used for digital transactions as opposed to as a store of value.

Is Bitcoin Cash cheaper than standard bitcoin?

Bitcoin Cash is relatively cheaper than the value of standard Bitcoin, however, like Bitcoin, Bitcoin Cash has a circulation of 21 million coins. How does Bitcoin Cash work?