What is the meaning of BCH in Bitcoin Cash?

Bitcoin Cash emerged as a result of a contentious fork in the Bitcoin blockchain, marking a significant event in the cryptocurrency landscape. Established in 2017, it gained recognition as an alternative or altcoin to the original bitcoin, offering users a different set of features and values.

The creation of Bitcoin Cash aimed to address scalability issues faced by the bitcoin network by increasing the block size limit, thereby allowing for faster transaction processing times and lower fees. This differentiation positioned Bitcoin Cash as a viable option for those seeking faster and more affordable transactions.

However, the Bitcoin Cash community faced further division in November 2018, leading to a second fork that resulted in the creation of two distinct cryptocurrencies: Bitcoin Cash (BCH) and Bitcoin Satoshi Vision (BSV). This split reflected the ongoing debates within the cryptocurrency ecosystem regarding the best path forward for scalability and development.

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