Bitcoin Cash: Everything You Need to Know!
Bitcoin and Bitcoin Cash
You have probably heard about Bitcoin — but you may not know what it is.
A brief definition:
Bitcoin is a decentralized, peer-to-peer electronic currency that does not require intermediary banking institutions. All transactions are reported on a public ledger called the blockchain. Bitcoin is known by the ticker symbol “BTC.”
Since Bitcoin’s inception in 2009, several other cryptocurrencies have entered the market.
One example is Bitcoin Cash, known by the ticker symbol “BCH.”
You might be wondering:
Aren’t Bitcoin and Bitcoin Cash the same?
Nope. Bitcoin and Bitcoin Cash are not the same. Bitcoin and Bitcoin Cash are two entirely separate cryptocurrencies, despite both being based on the same open-source Bitcoin code.
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