Which Coins Resulted from the Bitcoin Cash (BCH) Fork?147


The Bitcoin Cash (BCH) hard fork, which occurred on August 1, 2017, at block height 478558, led to the creation of two new cryptocurrencies: Bitcoin Cash (BCH) and Bitcoin SV (BSV).

Bitcoin Cash (BCH)

Bitcoin Cash (BCH) is the original chain that resulted from the Bitcoin Cash hard fork. It is designed to be a peer-to-peer electronic cash system, and it features a number of improvements over the original Bitcoin protocol, including a larger block size limit (8 MB) and faster transaction confirmation times.

BCH is supported by a number of exchanges and wallets, and it is used by a growing number of merchants around the world. The BCH community is actively developing the cryptocurrency, and there are a number of projects underway to improve its scalability, security, and privacy.

Bitcoin SV (BSV)

Bitcoin SV (BSV) is a fork of Bitcoin Cash that was created on November 15, 2018, at block height 556767. BSV is designed to be a stable, scalable, and secure cryptocurrency that can be used for everyday transactions.

BSV features a number of improvements over BCH, including a larger block size limit (128 MB), faster transaction confirmation times, and increased security. BSV is also supported by a number of exchanges and wallets, and it is used by a growing number of merchants around the world.

The BSV community is actively developing the cryptocurrency, and there are a number of projects underway to improve its scalability, security, and privacy.

Other BCH Forks

In addition to BCH and BSV, there have been a number of other BCH forks, including:
Bitcoin ABC: A fork of BCH that occurred on November 15, 2018, at block height 556767.
Bitcoin Unlimited: A fork of BCH that occurred on May 15, 2018, at block height 501588.
Bitcoin XT: A fork of BCH that occurred on November 15, 2018, at block height 556767.

These forks are all designed to improve upon BCH in some way, and they each have their own unique features and communities.

Conclusion

The Bitcoin Cash hard fork led to the creation of two new cryptocurrencies: Bitcoin Cash (BCH) and Bitcoin SV (BSV). Both BCH and BSV are designed to be peer-to-peer electronic cash systems, but they have different features and communities.

In addition to BCH and BSV, there have been a number of other BCH forks, each with its own unique features and communities. The BCH ecosystem is constantly evolving, and it is likely that we will see more BCH forks in the future.

2024-11-06


Previous:How to Check Bitcoin Prices: A Comprehensive Guide

Next:Live Litecoin Trading: A Comprehensive Guide for Maximum Profitability