Bitcoin Cash is a peer-to-peer electronic cash system designed for fast, reliable transactions with low fees. It was created to fulfill the original vision of Bitcoin, enabling users to send money globally with minimal costs and no need for permission.
Company Details
Key Features:
- Allows for quick transactions that are confirmed in minutes.
- Users can send money around the world for a few cents, making it affordable for both individuals and merchants.
- It is an open and permissionless network that encourages users to control their funds without interference.
- Offers enhanced privacy compared to traditional payment systems, allowing for anonymous transactions.
FAQs
1. When was Bitcoin Cash launched?
August 2017
2. Is Bitcoin Cash safe to use?
Yes, it is generally considered safe to use, as it operates on a secure and decentralized network.