BitcoinCash Price

BitcoinCash (BCH) is a peer-to-peer electronic cash system that originated as a fork of Bitcoin on August 1, 2017. It aims to fulfill Satoshi Nakamoto's original vision of creating a global digital currency with low fees and fast transaction times. BitcoinCash increased the block size to 32MB, allowing for more transactions per block and improved scalability compared to Bitcoin. As of 2025-06-20, BitcoinCash ranks #15 by market cap at $9.67B, with a price of $486.33 and 24-hour trading volume of $10.22M. The circulating supply is 19.88M BCH BCH out of a maximum supply of 21M BCH. BitcoinCash supports smart contracts and privacy-enhancing features like CashShuffle and CashFusion. It is accepted by a growing number of merchants worldwide as a payment method, aiming to become a widely used digital cash for everyday transactions.

BitcoinCash was created on August 1, 2017. It emerged as a result of a hard fork from the original Bitcoin blockchain at block height 478,558. This fork was initiated to address scalability issues and increase the block size limit from 1MB to 8MB, allowing for faster transactions and lower fees. BitcoinCash aimed to fulfill Satoshi Nakamoto's original vision of Bitcoin as a peer-to-peer electronic cash system. Since its creation, BitcoinCash has continued to evolve, with its block size now supporting up to 32MB, enabling greater transaction throughput and maintaining its focus on being a practical medium of exchange for everyday transactions.

The founders of BitcoinCash are not a single individual or group, but rather a collective effort of developers and community members who forked the original Bitcoin blockchain in 2017. Key figures involved in the creation and early development of BCH include: 1. Amaury Séchet - Lead developer of Bitcoin ABC, the first implementation of BitcoinCash 2. Jihan Wu - Co-founder of Bitmain, who supported the fork 3. Roger Ver - Early Bitcoin investor and advocate who became a prominent BCH supporter 4. Craig Wright - Initially supported BCH but later split to create Bitcoin SV 5. Haipo Yang - Founder of ViaBTC, which helped coordinate the fork These individuals, along with many other developers and miners, contributed to the creation of BitcoinCash as a separate cryptocurrency from Bitcoin on August 1, 2017. The goal was to increase the block size to allow for more transactions and lower fees, in line with what they believed to be Satoshi Nakamoto's original vision for peer-to-peer electronic cash.

BitcoinCash works as a peer-to-peer electronic cash system, utilizing blockchain technology and a Proof-of-Work consensus mechanism. Key features include: 1. Larger block size (32MB) compared to Bitcoin, allowing for faster transactions and lower fees. 2. Quick transaction confirmations, typically within minutes. 3. Low transaction costs, making it suitable for everyday purchases. 4. Smart contract and application support, enabling features like CashShuffle and CashFusion for enhanced privacy. 5. Decentralized network maintained by multiple development teams. 6. Maximum supply capped at 21 million coins, similar to Bitcoin. 7. Mining process where computers solve complex mathematical problems to validate transactions and earn BCH rewards. 8. Regular protocol upgrades to improve scalability and functionality. As of 2025-06-20, BitcoinCash ranks 15 by market cap at $9.67B, with a price of $486.33 and 24-hour trading volume of $10.22M. Its circulating supply is 19.88M BCH, representing 94.7% of the total supply.

BitcoinCash uses a similar technical architecture to Bitcoin, with some key differences: 1. Block size: BitcoinCash supports larger blocks (up to 32MB) compared to Bitcoin's 1MB, allowing for more transactions per block. 2. Difficulty adjustment algorithm: BitcoinCash uses a more responsive algorithm that adjusts mining difficulty every block. 3. Transaction signatures: BitcoinCash uses a different transaction signature format that fixes transaction malleability issues. 4. Consensus rules: BitcoinCash has different consensus rules, including removal of SegWit and implementation of new opcodes. 5. Mining algorithm: Both use SHA-256 proof-of-work, but BitcoinCash has implemented upgrades like ASERT difficulty adjustment. 6. Scalability focus: BitcoinCash prioritizes on-chain scaling through larger blocks, while Bitcoin focuses more on layer-2 solutions. 7. Smart contract capabilities: BitcoinCash has added more advanced smart contract functionality compared to Bitcoin. Overall, BitcoinCash aims to function as a peer-to-peer electronic cash system with faster transactions and lower fees, while maintaining Bitcoin's core principles of decentralization and security.

The future and roadmap of BitcoinCash (BCH) looks promising. The development team is focused on improving scalability, privacy, and adoption. Key initiatives include: 1. Increasing block size to enhance transaction throughput 2. Implementing smart contract functionality to enable more complex applications 3. Improving privacy features like CashFusion 4. Expanding merchant adoption globally 5. Developing user-friendly wallets and payment solutions By 2026, BCH aims to process over 1,000 transactions per second. The team is also working on layer-2 scaling solutions for even greater capacity. Price predictions suggest BCH could reach $534.8 by 2026, $683.48 by 2027, and potentially $855.98 by 2030 if adoption continues to grow. Overall, BitcoinCash is positioning itself as a fast, low-fee cryptocurrency for everyday transactions while expanding its capabilities for broader blockchain applications. Continued development and increased real-world use cases could drive significant growth in the coming years.