You learned that bitcoin cash (BCH) is an upgraded version of bitcoin core (BTC) and how the BCH community shares the goal of making bitcoin an electronic cash system. Bitcoin cash split from the original bitcoin network to overcome bitcoin core’s failure to scale as a payment system. Bitcoin cash is fast, secure and inexpensive to use. It enables users to send and receive payments anywhere in the world for less than a penny, and transaction confirmations are much faster than bitcoin core. That’s because bitcoin cash features a larger block size (the amount of transactions that can be processed per second by the network).
If you have any questions regarding this lesson, please post below and one of our helpful staff or community members should be able to assist you.