• Bitcoin Cash was created on 1st August, 2017
• Bitcoin Cash was founded by Roger Ver
• Bitcoin Cash operates on Proof of Work (PoW) protocol
• Bitcoin Cash All time high price is $3,923.07
Bitcoin Cash is a ledger-fork of Bitcoin that was created on August 1st 2017.
The Fork was introduced as an upgrade on Bitcoin to increase the block size. The Bitcoin Core Development Team had split into two groups; one of them supported larger block size with Bitcoin Cash and others recommended Soft Fork with SegWit and Lightning Network under the Bitcoin Core team.
Bitcoin Cash is a completely independent Blockchain that has plagiarized the transactions from the original Bitcoin Blockchain. Bitcoin Cash similarities with Bitcoin are Proof of Work SHA-256 hashing, 21,000,000 supply, same block times and Reward halving system.
The main differences between the two are the block size limits. Bitcoin has a 1MB block size limit whereas Bitcoin Cash proposes 8MB blocks. Also, Bitcoin Cash will adjust the difficulty every 6 blocks as opposed to 2016 blocks as with Bitcoin.
Bitcoin Cash is also supported by Changelly and ShapeShift, which are services that enable users to trade between various cryptocurrencies quickly.