Proof of Work

Cryptocurrency

Base Ecosystem

ERC-404

Ethereum Mainnet

Binance Smart Chain Mainnet

Avalanche C-Chain

Fantom Opera

Polygon Mainnet

Cronos Mainnet Beta

Arbitrum One

Klaytn Mainnet Cypress

Harmony Mainnet Shard 0

Metis Andromeda Mainnet

Huobi ECO Chain Mainnet

Aurora Mainnet

Celo Mainnet

Optimism

Gnosis Chain (formerly xDai)

Theta Mainnet

Moonriver

Emerald Paratime Mainnet

Fusion Mainnet

Telos EVM Mainnet

RSK Mainnet

Moonbeam

IoTeX Network Mainnet

OKExChain Mainnet

Boba Network

Wanchain

KCC Mainnet

Velas EVM Mainnet

Smart Bitcoin Cash

Songbird Canary-Network

CoinEx Smart Chain Mainnet

Fuse Mainnet

Shiden

Elastos Smart Chain

Callisto Mainnet

ThunderCore Mainnet

Meter Mainnet

TomoChain

Energy Web Chain

Syscoin Mainnet

Ubiq

Polis Mainnet

Zyx Mainnet

High Performance Blockchain

GoChain

Palm

Expanse Network

ThaiChain

Metadium Mainnet

Flare Mainnet

Diode Prenet

ThaiChain 2.0 ThaiFi

ELA-DID-Sidechain Mainnet

Dithereum Mainnet

ShibaChain

Genesis L1

GoodData Mainnet

TBWG Chain

Valorbit

Darwinia Crab Network

XinFin Network Mainnet

Ontology Mainnet

EOS Mainnet

Ethereum Classic Mainnet

Ellaism

SoterOne Mainnet

IDChain Mainnet

POA Network Sokol

PrimusChain mainnet

GeneChain

GateChain Mainnet

Nova Network

Garizon Stage0

Garizon Stage1

Garizon Stage2

Garizon Stage3

NEXT Smart Chain

POA Network Core

EtherInc

EtherLite Chain

Fuse Sparknet

Decentralized Web Mainnet

OYchain Mainnet

Factory 127 Mainnet

DAX CHAIN

Lightstreams Mainnet

Seele Mainnet

BMC Mainnet

BitTorrent Chain Mainnet

Arbitrum on xDai

Freight Trust Network

Permission

Setheum

SUR Blockchain Network

Web3Q Mainnet

PulseChain Mainnet

Lisinski

Rupaya

Double-A Chain Mainnet

## What is Bitcoin Cash?
Bitcoin Cash presents a compelling choice for users seeking efficient value exchange. With its emphasis on fast, secure, and cost-effective transactions, Bitcoin Cash aligns with the original vision of Satoshi Nakamoto for [Bitcoin](https://coinrotator.app/coin/bitcoin). The cryptocurrency's functionality, reminiscent of Bitcoin with a few distinctions, positions it as a digital alternative to traditional cash. As the demand for swift and borderless transactions grows, Bitcoin Cash offers a neutral and practical solution for those who prioritize low processing fees and a peer-to-peer global electronic payment system.
## Proof of Work
In the pursuit of creating a distributed timestamp server within a peer-to-peer framework, Bitcoin Cash employs a [proof-of-work](https://coinrotator.app/category/Proof-of-Work) system inspired by Hashcash, designed by Adam Back. This departure from traditional methods like newspaper or Usenet posts involves searching for a specific value, leading to a hash with a set number of zero bits when hashed using algorithms such as SHA-256. The computational effort required for this proof-of-work is exponentially proportional to the desired number of zero bits, and its validation can be confirmed through a single hash execution.

Within the timestamp network, Bitcoin Cash's proof-of-work is implemented by incrementing a nonce in a block until discovering a value that meets the criteria for the required zero bits in the block's hash. Once the computational effort is expended to satisfy the proof-of-work, the block becomes resistant to alteration without redoing the entire process. Successive blocks linked to it necessitate re-executing the entire proof-of-work process.

The proof-of-work also addresses the challenge of representation in majority decision-making. Unlike systems vulnerable to manipulation through IP addresses, Bitcoin Cash's proof-of-work establishes a one-CPU-one-vote paradigm. The majority decision is embodied in the longest chain, signifying the greatest proof-of-work effort. Honest nodes, controlling a majority of CPU power, ensure the rapid growth of the honest chain, outpacing competing chains.
## How Does the Bitcoin Cash Network Work?
The operational sequence of the network involves the following steps:
1. Broadcasting Transactions: Initiating with the dissemination of new transactions, information is transmitted to all nodes within the network.
2. Transaction Compilation: Each node gathers the newly broadcasted transactions, consolidating them into a block.
3. Proof-of-Work Computation: Every node engages in the computation of a challenging proof-of-work for its respective block.
4. Broadcasting Completed Work: Upon successfully finding a proof-of-work, a node broadcasts its completed block to all other nodes in the network.
5. Block Validation: Nodes only accept a broadcasted block if all transactions within it are deemed valid and have not been previously spent.
6. Chain Extension: Nodes express their acknowledgment of the accepted block by actively contributing to the creation of the subsequent block in the chain. The hash of the accepted block serves as the reference for the previous hash in the new block.
## Privacy

In the traditional banking model, privacy is maintained by restricting access to information to the involved parties and a trusted third party. However, the requirement to publicly announce all transactions challenges this approach. Despite this, privacy can still be preserved by introducing anonymity to public keys, breaking the information flow at that point. While the public can observe the transfer of funds between parties, the lack of information linking the transaction to specific individuals maintains privacy. This concept is akin to stock exchanges, where trade details, such as time and size, are made public without disclosing the involved parties.

To enhance privacy further, a new key pair is recommended for each transaction, preventing links to a common owner. Some degree of linking remains inevitable in multi-input transactions, as they reveal that their inputs share the same owner. The associated risk lies in the potential revelation of other transactions belonging to the same owner if the identity of a key owner is disclosed.
## Bitcoin Cash Team Background

Satoshi Nakamoto, the unidentified creator of Bitcoin, released the cryptocurrency's whitepaper titled "Bitcoin: A Peer-to-Peer Electronic Cash System" in 2008. The inaugural Bitcoin software, enabling the functionality of the blockchain, was launched in 2009.

Initially, Bitcoin transactions boasted low fees and reliable processing for several years. However, by 2016, the escalating popularity of Bitcoin led to a surge in network transactions, causing delays and increased fees. In response, Bitmain, a mining hardware manufacturer, proposed a hard fork to augment the block size limit, facilitating more transactions per block. This proposal came to fruition on August 1, 2017, giving rise to Bitcoin Cash. Notably, this initiative garnered support from notable figures in the Bitcoin community, including Roger Ver.

Since its establishment, Bitcoin Cash has encountered various challenges and achieved significant milestones. A noteworthy occurrence was the occurrence of another hard fork in November 2018, giving rise to the creation of [Bitcoin SV](https://coinrotator.app/coin/bitcoin-cash-sv) (BSV) as a distinct cryptocurrency. The division stemmed from disagreements within the Bitcoin Cash community regarding suggested modifications to the protocol. Consequently, two competing implementations emerged—Bitcoin ABC and Bitcoin SV—with the former persisting as Bitcoin Cash and the latter evolving into its own independent cryptocurrency.



## {{name}} Price Analysis

As of {{month}} {{day}} {{year}} {{name}} has a marketcap of {{marketcap}}. 
This is {{percentagefromath}} from its all time high of {{ath}}. 
In terms of its tokenomics, there's a total supply of {{totalsupply}} with {{percentagecirculatingsupply}} currently outstanding. 
Keep in mind {{name}} has a fully diluted value of {{fdv}} which many investors might interpret as overvalued. 

Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.

Bitcoin Cash

Bitcoin Cash

Price Data

Analysis

Trade

Market Cap

All-Time High

All-Time Low

Fully Diluted Valuation

Circulating Supply

Total Supply

Categories

Similar Coins