Bitcoin Cash is a very influential and effective peer-to-peer e-cash for the internet. Bitcoin is a decentralized, with no central bank and requires no trusted third parties to operate.Bitcoin was created in August 2017 and it is a similar to the original Bitcoin block chain. However, it has increased its block size capacity (from 1 MB to 8 MB) which helps it to improve its capabilities to grow and scale.
The original Bitcoin utilizes the 1 MB block sizes. However, Bitcoin Cash proponents think that bigger block size can easily serve the currency during its scaling process. Therefore, Blockhchain branched into two different chains on August 1, 2017. Bitcoin still utilizes 1 MB blocks as compared to recently created Bitcoin Cash which utilizes 8 MB sized block .
What is the most important ticker symbol used for Bitcoin Cash?
Bitcoin Cash is depicted by various kinds of different ticker symbols dependent on the service or wallet.BCH or BCC are quite renowned tickers alongwith XBC which is being used to fulfill various kinds of International Standard for currency codes (ISO 4217).