Bitcoin Cash BCH

Rank #21Smart Contract PlatformLayer 1 (L1)Bitcoin Fork
$241.63
24h −2.76%7d −15.45%30d −13.11%
C
Health grade
57 / 100
Elevated

Updated 9 minutes ago

Key figures

Market cap
$4.86B
FDV
$4.86B
24h volume
$117.62M
Circulating supply
95.8%
All-time high
$3,785.82
−93.62% · 2017-12-19
TVL
—
1-year change
−51.02%
90-day volatility
97.7%

Price (USD)

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Health score

C
Size 25%
67
Liquidity 25%
41
Supply 15%
98
Security 20%
50
Stability 15%
32

The health score combines size, exchange liquidity, supply dilution, contract security and price stability from public data. It is a quick screening aid, not a recommendation.

Tokenomics

Circulating
20.11M
Total supply
20.11M
Max supply
21.00M

Market cap is 100.0% of fully diluted value. Lower values mean more tokens are still to be released.

Contract security

Contract security data is not available for this token.

Liquidity & trading

Binance · BCHUSDT
24h turnover
$5.44M
24h trades
41,761
Bid/ask spread
4.13 bp
Order-book depth ±2%
$610.16K

About the project

Bitcoin Cash is a hard fork of Bitcoin with a protocol upgrade to fix on-chain capacity. Bitcoin Cash intends to be a Bitcoin without Segregated Witness (SegWit) as soft fork, where upgrades of the protocol are done mainly through hard forks and without changing the original economic rules of the Bitcoin.

Bitcoin Cash (BCH) is released on 1st August 2017 as an upgraded version of the original Bitcoin Core software. The main upgrade is the increase in the block size limit from 1MB to 8MB. This effectively allows miners on the BCH chain to process up to 8 times more payments per second in comparison to Bitcoin. This makes for faster, cheaper transactions and a much smoother user experience.

Why was Bitcoin Cash Created?

The main objective of Bitcoin Cash is to to bring back the essential qualities of money inherent in the original Bitcoin software. Over the years, these qualities were filtered out of Bitcoin Core and progress was stifled by various people, organizations, and companies involved in Bitcoin protocol development. The result is that Bitcoin Core is currently unusable as money due to increasingly high fees per transactions and transfer times taking hours to complete. This is all because of the 1MB limitation of Bitcoin Core’s block size, causing it unable to accommodate to large number of transactions.

Essentially Bitcoin Cash is a community-activated upgrade (otherwise known as a hard fork) of Bitcoin that increased the block size to 8MB, solving the scaling issues that plague Bitcoin Core today.

Nov 16th 2018: A hashwar resulted in a split between Bitcoin SV and Bitcoin ABC