This guide is for learning everything about Bitcoin Cash. We’ll cover the basics from the creation of BCH to the possible future of the most well-known Bitcoin fork to date (if you don’t know what a fork is, no problem — it’s explained below). This guide is purely educational. Just the facts straight to you.
Table of Contents
- History of Bitcoin Cash
- What is Bitcoin Cash?
- Bitcoin Cash Price
- Bitcoin vs. Bitcoin Cash: What’s the Difference?
- How to Buy Bitcoin Cash
- How Do I Store Bitcoin Cash?
- Additional Bitcoin Cash Resources
History of Bitcoin Cash
How is Bitcoin Cash different from Bitcoin? Why cash for Bitcoin? Is it Bitcoin 2.0? Maybe you’ve heard about the contention behind the August 2017 fork. Is this Roger Ver against Satoshi & Co. (i.e., the entire Bitcoin Community)?
Before getting into the nitty gritty of Bitcoin Cash, it’s worth iterating that this guide is for Bitcoin Cash, and will only be going into detail on what Bitcoin Cash is, its advantages, how it compares to Bitcoin, and how to safely store it with CoolWallet’s cold storage wallet – this is not a breakdown of Bitcoin.
To read up further on what Bitcoin is and to understand its project history and benefits, check out our comprehensive guide “What is Bitcoin?”
Born out of the discontentment of the Segregated Witness feature implemented into the original bitcoin code in mid-2017, Bitcoin Cash (BCH) – like a phoenix – arose from the ashes and out of Bitcoin’s first ever hard fork. Since August, 2017, Bitcoin Cash has grown into one of the most valuable and widely used cryptocurrencies in the world, sitting with a current market cap of over $25 billion (May, 2018).
But, how did it all start? And, why was there a need for a hard fork in the bitcoin community?
In May, 2017, transactions on the Bitcoin network took up to nearly four days to complete, ultimately defeating the purpose of a fast, efficient, and globally practical peer-to-peer payment system. As a result of lengthy transaction times, users suffered from exorbitant transaction fees, at one point averaging roughly $28/transaction, and even peaking at $55.
Mass scaling was plaguing the bitcoin network, and Satoshi Nakamoto’s arbitrarily set blockchain block size of 1 MB – although beneficial in certain ways – carried a significant and potentially deadly disadvantage – a rise in fees and unconfirmed transactions.
Below are just a few benefits of Nakamoto’s 1 MB block size on the bitcoin network:
- Preventing of Denial of Service (DoS) attacks: Decrease in spamming of the network with micro-transactions, essentially overloading the network and delaying the processing of legitimate transactions.
- Limiting overall blockchain size: Smaller blocks allowed the storage of the entire blockchain in a manageable format.
- Ensuring sufficient block propagation speed: Enabled efficient mass network download of newly mined blocks, ultimately allowing miners to begin mining the next block at a competitive rate.
Tensions in the community began to rise, dividing them into Bitcoin traditionalists who felt the project was straying from its original envisioned form – a trustless, cost-efficient, seamless transfer of exchange – and security and miner proponents who wanted to keep current fees, mining status quo, and a higher level of decentralization.
After all, when bitcoin transfers and fees were comparable and longer than your average bank wire, what was the draw for the average person to start using cryptocurrency.
Up until mid, 2017, bitcoin users and investors maintained a core and shared set of rules for the project – one of which dealt with block size and improvement. As Bitcoin’s scaling issues became more apparent, and it became clear that the arbitrarily set 1MB block wasn’t going to support Bitcoin’s transaction volume and sustainability for time to come, Bitcoin traditionalists posed a solution – the increase of the blockchain block size to 8MB.
As such, the project forked into two camps:
- Bitcoin: Upholding the 1MB block limit, &
- Bitcoin Cash: Creating a 8MB block.
Bitcoin Cash forged on, keeping the same transaction history as Bitcoin – up until the date of the hard fork – and ultimately crediting Bitcoin holders at a 1:1 ratio with the new BCH. Per coinmarketcap.com, a market cap tracking tool and website, on August 1st, 2017 – Bitcoin Cash’s launch date – the price of BTC was $2,718.26, while BCH was $380.01, hinting at a split ratio of .12265.
Now, let’s take a look at what exactly Bitcoin Cash is and some of its advantages and disadvantages, followed by a comparison to Bitcoin.
CoolWallet Tip: Simply put, a fork is defined as a a change to the original network or protocol. Forks influence the validity of network rules and regulations, and are typically implemented to add new or lacking features to a blockchain, or in hopes of reversing the effects of a hack or systemic programming failing. To date, Bitcoin has forked three times, (1) Bitcoin Cash in August, 2017, (2) Bitcoin Gold in October 2017, and (3) Bitcoin Private in February, 2018.
What is Bitcoin Cash?
Bitcoin Cash is a cryptocurrency and peer-to-peer payment system which – as mentioned above – arose in mid, 2017 out of the growing discontent for Bitcoin’s increasing transaction times and costs. And, while you might think both of the networks (Bitcoin & Bitcoin Cash) are almost identical, they still boast several core differences – we will address the fundamental differences between Bitcoin and Bitcoin Cash in Section 4.
Bitcoin Cash bills itself as “fulfilling the original promise of Bitcoin as ‘Peer-to-Peer Electronic Cash,’” and the future of:
- Global adoption,
- Unrestricted growth,
- Permissionless innovation, &
- Decentralized development.
Additionally, Bitcoin Cash stays true to the ever-mysterious Satoshi Nakamoto’s roadmap with on-chain scaling – as evidenced in their increase of blocksize limit to 8MB – and ultimately preparing it for the handling of another bull run and eventually, mass adoption.
CoolWallet Tip: If you’re wondering about the difference between a hard fork and a soft fork, it’s important to keep in mind that a hard fork is not backward compatible, and once implemented, there’s no going back. Soft forks are updates in software which is backwards compatible, only invalidating previously valid blocks and transactions.
What makes Bitcoin Cash an appealing cryptocurrency and alternative to fiat (traditional money such as USD, GBP, & EUR), is in its ability to connect persons from all around the world looking to send online payments – absent an intrusive, highly centralized, and manipulative financial institution.
The elimination of a trusted third party stands as one of the most revolutionary overhauls of traditional financial and banking systems to this day, offering persons transactions which cannot be computationally reversed – protecting against fraud – while allowing buyers to enter into cryptographically escrowed transactions.
Traditional banking models achieve certain levels of privacy through their limitation of access to information to the necessary transacting parties and a trusted third party. Bitcoin Cash precludes such method – eliminating the need to announce such transactions publicly – maintaining privacy through the breaking of the flow of information in another location – through a public key. When entering into transactions using Bitcoin Cash, users can see that someone is sending a specified amount to another person, but without actually being able to view information linking anyone to the transaction.
The debate surrounding Satoshi Nakamoto’s originally intended protocol has continued to divide the community since BCH’s launch in mid-2017, with some wondering whether Nakamoto intended the block size to scale and increase. Bitcoin Cash enthusiasts often cite a quote from Nakamoto which clearly shows he didn’t expect a 1MB block size to be a permanent feature – and he never saw it as such a controversial implementation.
“It can be phased in, like:
If (blocknumber > 115000) maxblocksize = largerlimit
It can start being in versions way ahead, so by the time it reaches that block number and goes into effect, the older versions that don’t have it are already obsolete.
When we’re near the cutoff block number, I can put an alert to old versions to make sure they know they have to upgrade.”
To check out Bitcoin Cash’s white paper – which is original white paper set forth by Satoshi Nakamoto, you can find it here. It’s only 9 pages long, so you should be able to get through it pretty easily and make a decision for yourself whether you think Bitcoin Cash suits Nakamoto’s intended protocol.
CoolWallet Security & Storage Tip: It’s not actually considered cold storage if you keep your private keys stored anywhere online. Look no further than ICO and crypto evangelist Ian Balina – who in April, 2018 was hacked to the tune of nearly $2 million USD after keeping his private keys stored on Evernote.
Bitcoin Cash Price
As of May, 2018, BCH boasts over a $25 billion market cap, but what are some of the causes that we can attribute to its steady and consistent growth?
1. Growing exchange & wallet support
As one of the largest market cap cryptocurrencies in the blockchain ecosystem, there’s a growing number of exchanges and wallets offering BCH support and trading. Initially, exchanges and wallets were hesitant to partner or list Bitcoin Cash due to the uncertainty and community tensions surrounding it, however, due to consumer demand and a substantial rise in value, BCH has become a popular favorite on exchanges and wallets.
Bitcoin Cash’s added listing on Coinbase in early 2018 was also a major contributing factor in its rise, as now investors were able to purchase BCH directly with fiat and debit/credit cards.
Additionally, the associated legitimacy and overall purchasing ease has lead in a significant number of new investors to enter the BCH market. And, if investors aren’t able to securely store their BCH via cold storage or a different wallet, then the security risk may be deemed not worth it.
2. Korean market listings & expansion
Simply put, Korea loves crypto – at one point driving over 30% of the world’s Ethereum trade, and in October, 2017 accounting for over 50% of BCH’s trading volume (estimated around $1.2 billion at the time).
Additionally, BCH has seen an increase in volume and trading across Asian markets as Bitcoin rises in price, and traders look elsewhere for profits. It also doesn’t hurt that Korea boasts some of the most highly trafficked and used exchanges, including: Upbit, Bithumb, and Korbit.
3. Increased mining
Although the volatility of BCH mining far exceeded that of Bitcoin when it first went live, BCH has still become a lucrative cryptocurrency to mine. In late, 2017, BCH implemented a new difficulty adjustment algorithm (DAA) to better reign in the mining difficulty and volatility, and ultimately, stabilizing it.
BCH’s recent attraction of miners has significantly improved its hashrate, as explained by Bitcoin developer Jimmy Song;
“Bitcoin Cash has a set rule as to when it decreases its difficulty. Before we see the rule it is important to understand what Median Time Past (MTP) is. It is the median of the last 11 blocks that have been mined in a blockchain. Basically, line up the last 11 blocks one after another and the time at which the middle block is mined is the median time past of the set. The MTP helps us determine the time at which future blocks can be mined as well.”
Essentially, the difficulty adjustment algorithm for Bitcoin Cash makes it easier for miners to find and mine newer blocks, adjusting to the number of network miners. For example, when there are fewer BCH miners, the difficulty rate goes down because the system’s hashing power is also down.
And, if you haven’t already had enough with hard forks, Bitcoin, and Bitcoin Cash, on May 15th, Bitcoin Cash has their own hard fork occurring, where their blocksize will increase 4x to 32MB – all with the goal of solidifying Bitcoin Cash a viable option for P2P exchange.
Bitcoin vs. Bitcoin Cash: What’s the Difference?
Sometimes, it’s useful to think of cryptocurrencies like religions. Bitcoin is like an original church, characterized with an almost-mythical founder, Satoshi Nakamoto, followers who build the community through devotion, adherence through established tenants (Bitcoin Improvement Protocol), and lay converts. Over time however , members of the original church
Due to Bitcoin Cash’s 8-fold increase in their transaction throughput – resulting in faster transaction times and lower fees – it’s not a stretch to say that Bitcoin Cash resembles Bitcoin in its early years. Both strive to connect the global economy – and the average person – through a decentralized and cryptographically enabled network of peer-to-peer transactions, and stand to massively disrupt and overhaul traditional banking and financial institutions as we know it.
Both their messages and purpose are similar, but the way in which they strive to achieve this utopian goal is where contention arises.
Let’s take a look at a table comparing both Bitcoin and Bitcoin Cash to gain a better understanding of their fundamental differences and similarities.
|Market cap||$158 billion||$26 billion|
|Average 24 hour trade volume (May, 8th)||$7 billion||$1 billion|
|Block size||1 MB||8 MB – but increasing to 32MB with the upcoming May, 15th fork.|
|Blockchain size||170 GB||160 GB|
|Proof of work algorithm||SHA256||SHA256|
|Number of network nodes||Greater than 10,000||Around 2,000|
|Total supply||21 million||21 million|
|Circulating supply||17 million||17 million|
Average block time
Although BCH has boasted a comparatively higher block time since it’s breakout on the scene, as of May, 8th, both protocols boast almost identical block times for miners – with BCH at 10.43 minutes and Bitcoin at 10.36 minutes.
Average transaction fees
As mentioned above, BCH has substantially lower transaction fees – after all, that was one of the fundamental differences which divided community members pre-hard fork. As of May 8th, BCH boasts an average of just 8 cents per transaction fee, while Bitcoin comes in at $1.46.
If you were to narrow down the biggest criticism of Bitcoin Cash from the cryptocurrency community – it’s that BCH is more centralized than Bitcoin. As a refresher to the meaning of decentralization, it’s the production and powering of the entire cryptocurrency ecosystem as a collective, rather than by a central authority.
As BCH’s increase in block size from 1MB to 8MB was made with pure purposes in mind, it unfortunately requires more computing power – and an overall more powerful and likely expensive mining rig to mine BCH. Such expense and power has resulted in a smaller pool of miners contributing towards the distribution of transactions, storage, and encryption across the network.
Before its fork on May 15th, it managed to instill some fear and skepticism that the network could eventually raise block limits to such a high amount that it becomes infeasible for everyone to mine and store the full blockchain, ultimately, concentrating the power in an even greater minority. But alas, we are still quite a long ways away from that, so it’s not a present reality, but should be kept as a tickling reminder in the back of the brain.
CoolWallet Security & Storage Tip: If you keep up to one month’s salary equivalent on exchanges or hot wallets, you should consider investing in cold storage. Think about it, for the price of just around $100, you can secure your investment and retain full control over your crypto investments. Just remember, if you aren’t prepared to lose it, don’t keep it on an exchange.
Bitcoin Cash vs. BCash: What to Call It?
Because of the significant divide that has exponentially grown since BCH’s inception, the cryptocurrency community has yet to settle on a consensus of what to actually call Bitcoin Cash. This is a topic that has caused much debate in the community, and is still yet to be resolved. Currently, the community is divided on whether to refer to Bitcoin cash a “BCash” or Bitcoin Cash.
Those in favor of BCash cite that new users to cryptocurrency – an inevitable result – likely won’t have a real understanding of the actual differences between Bitcoin and Bitcoin Cash when purchasing it on easy-to-use platforms such as Coinbase.
Additionally, they think that most crypto novices may end up purchasing the wrong cryptocurrency after confusing the two. Such skepticism and worry is backed by actual empirical data as well, with one survey citing that some 25% of regular investors don’t actually know the difference between the two.
Parties in favor of keeping it Bitcoin Cash cite the legitimacy and already mass recognition of Bitcoin as a viable cryptocurrency. Don’t worry if you haven’t made up your mind on which you think is the embodiment of Satoshi Nakamoto’s original vision, as even the U.S. government isn’t technically sure – citing BCH as the original blockchain and Bitcoin a product of the hard fork.
In what might be the biggest difference between Bitcoin Cash and Bitcoin of them all is in how it’s viewed by the overall cryptocurrency community and world.
CoolWallet Storage Tip: Make sure you enable two-factor authentication (2FA) when logging into your cryptocurrency exchange account (ex. Binance). But, make sure you opt for using Google Authenticator over SMS. In the last year, it has come to light that hacking SMS isn’t very hard, and isn’t as secure as you’d think.
Viable Digital Currency vs. Mere Storage of Value
Due to Bitcoin’s high transaction fees and slow transaction times, merchants and businesses seeking to earn a living through the exchange of Bitcoin have increasingly stopped using Bitcoin since 2017.
Bitcoin traditionalists and BCH supporters view the fundamental purpose of Bitcoin to be a currency for P2P transactions, not a mere storage of value and similar to gold or silver. Outspoken supporters of BCH – including Roger Ver and Craig Wright – argue Bitcoin is meant to act as more than just “digital gold” and should carry utility.
In a 2017 podcast, longtime Bitcoin proponent Eric Voorhees acknowledged that a large percentage of businesses who transacted in and accepted Bitcoin in 2017 lost quite a bit of money due to its latency and scalability issues.
Bitcoin Cash is as its name states, meant to be used as digital cash, while Bitcoin (prior to the August hard fork) was incapable of being used as an effective transfer of value and exchange. Think about it, stores and businesses have KPIs to meet, and if you aren’t liquid within a reasonable time, it’s as good as storing a bar of gold in your basement.
CoolWallet Tip: Curious about other projects built on Bitcoin? Check out Ravencoin, drawing inspiration in its name from Game of Thrones, and a cryptocurrency created by over 400 former Bitcoin developers with over 10,000 project commits. Ravencoin is an open source and decentralized P2P cryptocurrency boasting on chain messaging, voting, and communication.
How to Buy Bitcoin Cash
Whether you’re looking to purchase some Bitcoin Cash to lessen the blow of Bitcoin’s or other altcoins’ volatile swings, or support the project as a whole and recognize its potential for mass adoption and use, below are some tips on how to purchase Bitcoin Cash – followed by a substantive guide on how to store it.
Thankfully, since BCH has ironed out several kinks and become a preferred method of exchange for merchants and those looking to cut down on network costs, there’s no shortage of exchange and platforms to purchase BCH on. Although not primarily used as a trading pair (like BTC, ETH, USDT, and even QTUM), BCH is available on nearly every major exchange.
To make things easy for you, here’s a list of five reputable exchanges that you can buy Bitcoin Cash on:
Coinbase: If you are located in the United States and looking to purchase BCH with your debit or credit card, Coinbase is likely the simplest and easiest platform for you to use. Coinbase has a friendly user-interface, and is a highly trusted platform for buying, selling, and managing your cryptocurrency. Additionally, Coinbase allows you to link your bank account for larger purchases. However, before signing up, make sure you fall within one of the prescribed countries that Coinbase services.
Changelly: Like Coinbase, Changelly also allows the purchase of cryptocurrency with Visa or Mastercard. Most likely, you’ll first have to purchase BTC with your debit or credit card, and then convert it for BCH.
CEX.io: A London-based exchange allowing crypto novices and experts alike to purchase and sell Bitcoin with their Visa or Mastercard, Cex.io is becoming a go-to platform for users who aren’t located within one of Coinbase’s prescribed countries. CEX provides services in 99% of countries and roughly 24 U.S. states.
Binance: Although Binance doesn’t allow you to directly purchase crypto with fiat (USD, EUR, GBP), it does offer one of the most trafficked and trusted cryptocurrency exchanges and platforms out there. After purchasing your BCH or BTC on say CEX.io or Coinbase, you can then transfer it to Binance and begin trading. Binance boasts a healthy ecosystem of projects out there and is constantly updating and adding, so if you are looking to dive further into altcoins, Binance is likely your best bet.
ShapeShift: Similar to Binance, users on Shapeshift cannot directly purchase BTC or BCH with fiat, but may transfer to the exchange. ShapeShift is unique in the cryptocurrency arena in the way that it does not collect personal data from users and does not pool user funds in their company accounts.
Tips and Tricks
Remember, when purchasing Bitcoin Cash, it is represented as ‘BCH’ in exchange and wallet listings – NOT BTC.
As BTC and BCH are two separate currencies, but boast similar addresses, it’s quite easy to accidentally mix up the two when sending between accounts. Double check you are sending to the correct address before clicking send, it could save you a lot of hassle and headache.
Finally, when purchasing cryptocurrency on exchanges, it’s important to differentiate between market, limit, and stop orders.
A market order is the attempt to purchase whichever cryptocurrency you want at the current price, and effectively purchases the crypto in that moment. Due to such, slippage in the market can occur, and you can sometimes end up paying a tad higher price than originally expected, or sometimes receive your coins at a lower price.
At extremely volatile times in the market, this slippage can be extreme, and cost you a substantial amount – depending on how much you are purchasing or investing.
A limit order is dependent on someone else’s market order, and places an order in hopes of being filled at a particular price. When the market – or BCH price – reaches that price, it will automatically buy or sell the amount you have entered.
Unlike market orders, limit orders are not subject to slippage, and sometimes will actually boast lower trading fees.
Stop orders place market orders for when a specific price condition is met. Stop orders operate similar to a limit order by going on the books, but buys and sells similar to a market order. Stop orders are also commonly referred to as a “stop loss.”
Buy the Dip: Origin, Logic, Assessment
You’ve probably heard the phrase “buy the dip” thrown around more times than you can count in your cryptocurrency tenure, so let’s take a look at what that phrase exactly means.
Buy the dip is a basic investment strategy which aims to average your investment as the price goes down or settles. It’s common to “buy the dip” in a bull market or stagnant market, where the market is generally trending up.
If you are buying the dip, you are likely doing one of the following:
- Purchasing incrementally,
- Waiting for the price to settle, &
- Establishing buy orders at lower prices.
The logic behind it? It’s better to purchase your BCH at a lower price instead of waiting until you can barely afford it, or afford a smaller portion of it.
Keep in mind that buying the dip is considered a basic investment strategy, but is also extremely complex – and you should be prepared for any project you are waiting to purchase to either continue to rise or crash altogether.
How Do I Store Bitcoin Cash?
As we’ve mentioned above, you shouldn’t be leaving any amount of cryptocurrency on an exchange or platform if you aren’t prepared to lose it entirely. Since the launch of cryptocurrency exchanges and purchasing platforms, there have unfortunately been several notable hacks – resulting in billions lost.
Whether its due to market fluctuations, exchange hacks, or other circumstances, you should not be putting in more than you are prepared to lose.
Now, let’s take a look at several storage options that appease the budget and security tastes of novice and seasoned crypto investors.
Hardware wallets should be the bare minimum for anyone investing more than one month’s salary into cryptocurrency. Although the most expensive of crypto and cold-storage options, hardware wallets also support the highest degree of security and functionality.
Think of cryptocurrency similar to any other tangible asset – part of the investment isn’t in the object itself, but in how you preserve and store it. Think of your Mickey Mantle rookie card, you probably aren’t keeping it stored in your actual wallet or carrying it around with you everywhere you go.
Securing your BCH and other crypto for a small cost now is far superior to the alternative – losing it completely due to hack or theft.
When looking to cold storage, the CoolWallet S is your ultimate cryptocurrency safe, allowing you to seamlessly and securely store your Bitcoin Cash, Bitcoin, Ethereum, Ripple, and Litecoin all in one place. CoolWallet’s cold storage keeps your assets completely offline, and is easy to set up, pairing with your Android 5 (or later) and iPhone 5 (iOS 9.1 or later), and all for a reasonable cost.
Bring the power of cold storage to your fingertips and pick up a CoolWallet S today and ensure your crypto investments are safe.
Just as their name implies, paper wallets are private keys and QR codes which are printed on a piece of paper. Paper wallets are a nearly free and effective method of cold storage for your BCH and other cryptocurrencies, however, there is one downside.
Paper wallets are the most economical of all wallet options, and cut out the need of an intermediary device or service.
Although paper wallets offer tangible security for crypto investors – allowing you to keep your BCH and other cryptos in your actual grasp – they are easily susceptible to physical damage or loss. If not taken care of and stored properly, you risk losing your hard-earned BCH and crypto for good.
Technically connected to the Internet, and falling under the category of a “hot wallet,” desktop wallets are a great starting point for first-time crypto investors who aren’t holding large sums of BCH or other cryptos.
However, you should recognize that desktop wallets are the most vulnerable of the three choices. Even ask popular cryptocurrency investor and ICO evangelist Ian Balina, who in April, 2018 had his wallet and private keys hacked for over $2 million USD. That’s right, it can even happen to people who eat, sleep, and breathe crypto. If it can happen to Ian Balina, it can happen to you, therefore we at CoolWallet suggest using a desktop wallet only when holding small amounts.
Desktop wallets require a malware free computer, something which the average computer user probably isn’t too familiar with. And, with rampant hacking and phishing attacks in the crypto-sphere, it’s not always easy to be 100% positive your computer is completely protected.
As mentioned above and wise words to live by, when sending between BCH accounts, first make sure you are sending to your BCH address – not your BTC address – and secondly, double check the address you are sending to in order to verify you are sending to the correct address.
CoolWallet Storage Tip: Curious about what else your CoolWallet is able to store? CoolWallet not only stores Bitcoin Cash, but Bitcoin, Ethereum, Ripple, and Litecoin.
- Additional Bitcoin Cash Resources
Cryptocurrency stands to disrupt financial, social, economic, and political institutions as we know it. Supporting its mass adoption and rise to the top is in the medium in which news and information about cryptocurrency is conveyed.
Luckily, we live in an era where user-generated content platforms constitute a great bulk of what we consume – as opposed to the old days where information was controlled, created, and distributed by a central authority and handful of parties – reaching us (the people) in hidden agenda.
Cryptocurrency and blockchain are putting information back in the hands of the people, and as such, the dissemination of its message has manifested itself in ways never though. Now, instead of looking to the New York Times for educational purposes, we turn to Reddit and Bitcoin forums. It’s the dawn of a new era.
Below are just some of the handful of resources out there on the Internet that we recommend you take a look at in order to further learn about Bitcoin Cash, its rise, community, and overall message.
- Bitcoin Cash/Bitcoin White Paper: The formal document and outline of Satoshi Nakamoto’s decentralized P2P protocol. Take a look at the white paper and determine for yourself which protocol you think more aligns with Nakamoto’s vision.
- Bitcoin Cash Website: BCH’s official website for news, updates, and more about the project.
- BCH Reddit: This is the battleground for BCH enthusiasts, offering up-to-date information on the project, price predictions, and explanatory videos.
- Bitcoin Cash Twitter: The original Twitter, using the handle ‘Bitcoin,’ but very much a pro-Bitcoin Cash Twitter.
- Coinmarketcap: A popular analytics and tracking tool and website to monitor cryptocurrencies, their market cap rankings, and charts.
- Blockchain Explorers: Blockchair explorer, Blockdozer explorer, and Bitcoin.com explorer are three blockchain explorers to help you track your BCH transaction.