Bitcoin Cash BCH
Cryptocurrency · Layer 1 · Proof of Work (PoW) · launched in 2017
№18of 40 004
- $250.30
- Price −3.25%
- $5.56 billion
- Capitalization
- $131.53 million
- Volume over 24 hours
- 0.21%
- Dominance
About the coin
- Circulating supply
- 20.11 million BCH
- Total supply
- 20.11 million BCH
- Maximum supply
- 21 million BCH
- Fully diluted capitalization
- $5.81 billion
- 24h high
- $261.10
- 24h low
- $247.60
Bitcoin Cash (BCH) is a decentralized first-layer cryptocurrency created in 2017 as a result of a hard fork of the original Bitcoin network. The split was caused by disagreements in the community regarding network scalability. BCH developers increased the block size, which significantly improved transaction processing speed and substantially reduced fees.
The project aims to implement Satoshi Nakamoto's original concept — creating convenient peer-to-peer electronic money for everyday transactions. The network operates on a Proof-of-Work (PoW) consensus algorithm, and coin emission is strictly limited to 21 million, protecting the asset from inflation.
Additional information
FAQ
-
Bitcoin Cash (BСH) is a decentralized peer-to-peer payment system and cryptocurrency created in August 2017. The project emerged from a hard fork (blockchain split) of the original Bitcoin due to community disputes over how to properly scale the network for mass adoption.
-
The main difference lies in block size. While Bitcoin (BTC) has historically limited block size to 1 MB, Bitcoin Cash (BCH) increased this limit to 32 MB. This allows BCH to process significantly more transactions per second, making transfers instant and fees minimal.
-
The project aims to realize Satoshi Nakamoto's original concept — to transform cryptocurrency into full-fledged digital electronic money for everyday transactions. While ordinary Bitcoin has become a protective asset ("digital gold") due to high fees, Bitcoin Cash is positioned as a practical means of payment for coffee, online purchases, and microtransactions.
-
Bitcoin Cash operates on a traditional energy-efficient Proof-of-Work (PoW) consensus algorithm. The network is protected by miners using the SHA-256 hashing algorithm (same as BTC). This means BCH can be mined using specialized ASIC equipment.
-
The maximum supply of Bitcoin Cash is strictly limited by code and equals exactly 21 million coins — just like the original Bitcoin. The BCH network also has a built-in halving mechanism (miner reward reduction by half every 4 years), which protects the coin from inflation and ensures asset scarcity.
Legal status of crypto assets in Uzbekistan
This section is for reference only and shows global market data. MONIQ is not a crypto asset service provider, does not carry out operations with crypto assets and does not give individual investment advice.
- Crypto assets are not legal tender in the Republic of Uzbekistan: they cannot be used to pay for goods and services, except in cases directly established by law.
- Residents may buy, sell and exchange crypto assets only through providers licensed by the NAPP — crypto exchanges, crypto shops, crypto depositories and mining pools registered as legal entities resident in Uzbekistan.
- The register of licences is maintained by the National Agency of Perspective Projects. Licences are issued and revoked, so the composition of the register changes — check the status of a venue at the moment of the transaction.
- Until 1 January 2029 transactions with crypto assets are not subject to taxation, and income from them is not included in aggregate income.
- Crypto assets are not traded on the RSE «Toshkent» and are not available through a broker account. There are no guaranteed returns, investments are not insured, and the price may change by tens of percent in a short time.
The information does not replace legal advice. Regulation changes — before any transaction check the current wording of the law and the register of licences at .