What is Bitcoin? Bitcoin is a purely peer-to-peer version of electronic cash which allows online payments to be sent directly from one party to another without going through a financial institution. The Bitcoin Whitepaper, which outlines the original use case, was written by the creator of Bitcoin – Satoshi Nakamoto. There was a consensus and chain split during August of 2017 and Bitcoin Cash was born as a fork of Bitcoin but using an adjustable blocksize cap. All users who held Bitcoin Core (BTC) at block 478558 are also owners of Bitcoin Cash and can claim the forked BCH coins with the private keys. All are welcome to join the Bitcoin Cash community as we move forward in creating a usable, peer to peer electronic cash system for the entire world.
Satoshi Nakamoto, the creator of Bitcoin, made his intentions clear that he wanted to eventually increase the blocksize of BTC. Those efforts in BTC have been stiffled by Blockstream and any developers who wanted to improve Bitcoin on chain have gone elsewhere. Bitcoin Cash has an adjustable blocksize cap and continues to grow with consistent protocol improvements, increasing merchant adoption, SLP Tokens with anonymous dividend payments, privacy features for users, and a strong community of developers behind the project.
There are many who struggle with using Bitcoin Core (BTC) because it doesn’t work as electronic cash should. BTC has high fees during times of increased use (like bull runs) or long wait times with lower fees. It essentially has created a bidding war to get into the next block, going as high as $50+ during the last bull run. Eventually people who want to actually use Bitcoin as a currency, run a business around it, and/or develop apps on top of it realize that Bitcoin Cash is on to something. BCH functions properly as fungible, peer to peer electronic cash with a solid focus on individual privacy, protocol improvements, merchant adoption and ease of use.
KEEP BITCOIN FREE
The Revolution will NOT be Centralized
Spread Bitcoin Cash to the Masses