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ecosystem

whitepaper

Limitless Scaling

Bitcoin Cash community has a conviction to keep network speed high and transaction cost low into the future. Achievable with adjustable block-size and future side-chains. This Bitcoin can onboard the world.

Fast

BCH is capable of 25,000 transactions per second vs BTC at 7 TPS, ETH at 27 TPS and Cardano at 250 TPS. Bitcoin Cash allows for more transactions to be processed per block decreasing the likelihood of network congestion resulting in faster transactions & confirmations.

Double Spend Proofs

Double spend proofs were implemented in Bitcoin Cash in order to reduce the risk of fraudulent activity in zero-confirmation transactions, and have been an important step in making those transactions safer and more widely accepted. Zero-confirmation transactions on Bitcoin Cash are historically safer than with any other cryptocurrency.

Extended UTXO Model

The Extended UTXO model, also known as the EUTXO model, is an extension of the Unspent Transaction Output (UTXO) model used by Bitcoin and other cryptocurrencies.The main difference between the EUTXO model and the UTXO model is that in the EUTXO model, UTXOs have additional data that specifies rules for spending them. The EUTXO model also allows for the creation of new UTXOs as a result of executing smart contracts.Smart contracts are stored on-chain as UTXOs and can contain scripts in various programming languages. These scripts can define complex conditions for spending the UTXO, enabling Bitcoin Cash to support advanced use cases, such as decentralized finance (DeFi) and tokenization.

Cost Efficient

3,800x Cheaper to Transact than BTC. Bitcoin Cash is considered to be more cost-efficient than Bitcoin due to its scalability focus.Furthermore, Bitcoin Cash implemented a feature called Schnorr signatures that allows for a reduction in the digital signature size, which means more transactions can fit into each block. Schnorr signatures also improve security and privacy of transactions.Overall, the scaling block size limit and Schnorr signatures make Bitcoin Cash a more cost-efficient choice compared to Bitcoin, especially for those looking to do frequent transactions without high fees.

Introspection Opcodes

Bitcoin Cash ($BCH) is the only Bitcoin technology chain with L1 TX Introspection opcodes. L1 TX Introspection opcodes refer to low-level operations that allow a program to inspect the contents of a transaction.

Cash Tokens

CashTokens are a new feature on the Bitcoin Cash network that allows for the creation of both fungible and non-fungible tokens. CashTokens allows developers to issue tokens atop the network, enabling on-chain smart contract functionality and paving the way for various economic activities on the most robust UTXO blockchain. CashTokens can be held by any contract, and wallets can easily verify the ownership and balance of tokens by contracting the token schema. CashTokens are designed to be as simple as possible, allowing developers to rapidly create tokens that can be used for a wide variety of purposes. A wide range of items can be issued on the Bitcoin Cash blockchain including loyalty points, dividends, tickets, NFTs, stablecoins and more. Essentially, it allows developers to create their own tokens on the Bitcoin Cash network, which can then be used for a wide variety of purposes such as higher-security vaults, decentralized exchanges (DEXs), and bridged sidechains.

Everything On-Chain

BitcoinCash prides itself for it's everything on-chain focus. The Bitcoin Cash community places a high priority on having everything on-chain because it enables a more decentralized and trustless system. By having smart contracts and tokens on-chain, it eliminates the need for third parties or intermediaries to facilitate transactions or enforce agreements, which can introduce counterparty risk and potentially compromise the security and reliability of the system. Additionally, having everything on-chain enables more autonomy and control for users and developers, who can take advantage of the robust UTXO model to create and manage tokens and execute smart contract logic directly on the blockchain. Tokens can be issued and managed on-chain, which opens up new possibilities for economic activity and innovation on the Bitcoin Cash network. Emphasis on an on-chain system aligns with the original intentions behind Bitcoin as a decentralized and open network, and reflects the community's commitment to maintaining these values.

Deflationary

Bitcoin Cash can be deflationary when tokens are lost or burned because doing so reduces the overall supply of the token. This is because tokens that are lost or burned are effectively removed from circulation, reducing the total number of available tokens in existence. If demand for the token remains the same, the reduced supply can lead to a higher value for the token. This is because with fewer tokens available, each remaining token becomes more valuable to the system.

Decentralized

Bitcoin Cash is a decentralized digital currency that operates on a peer-to-peer network. This means that it is not controlled by any government or financial institution, removing the need for intermediaries and providing fast and low-cost transactions. In a decentralized system, decision-making is distributed among all network participants, and transactions are validated by a consensus mechanism in which multiple nodes participate in solving computational puzzles to add new blocks to the blockchain. This consensus mechanism, known as Proof-of-Work, uses cryptographic hash functions to secure the network and prevent fraudulent activity. The decentralized nature of Bitcoin Cash provides greater security and transparency as all transactions are publicly visible and transparent, and the network is not subject to the risks of centralized control. Overall, Bitcoin Cash's decentralized nature is a key feature that makes it a unique digital currency and a viable alternative to traditional currencies.

Currency

Bitcoin Cash functions as a currency in several ways. Its most fundamental characteristic is that it operates as a decentralized peer-to-peer digital currency, allowing users to send and receive payments without the need for a centralized intermediary like a bank. This provides fast and low-cost transactions that can be sent anywhere in the world. Bitcoin Cash can be used to purchase goods and services in the same way as fiat currencies, and it has increasing acceptance among merchants and retailers. Another key feature of Bitcoin Cash that makes it a strong currency is its limited supply, which provides scarcity and gives it the potential to function as a store of value.

Verifiable Truth

Bitcoin Cash maintains a simpler, more straightforward transaction format that is more comparable to the original Bitcoin protocol. Keeping signatures on the blockchain makes it easier to verify a transaction's authenticity and provides a more secure and tamper-proof record of transactions.

Immutable

Immutability is a fundamental characteristic of the Bitcoin Cash network. It refers to the inability of the transaction history on the blockchain to be modified or altered once it has been recorded. This means that all transactions on Bitcoin Cash are permanent and irreversible once they have been processed and included in a block. This immutability is achieved through the use of cryptographic hash functions and consensus mechanisms that ensure that all nodes on the network have the same view of the transaction history. Bitcoin Cash's consensus mechanism, Proof-of-Work (PoW), makes it difficult for a single entity to alter the blockchain's transaction history as it would require more than 51% control of network resources. Immutability is important because it provides trust and security to the network's users by preventing fraudulent activity and ensuring that all transactions are transparent and publicly visible.

Limited Supply

Bitcoin Cash, like BTC has a limited supply of coins. The maximum supply is capped at 21 million coins, and this limit will eventually be reached as new coins are mined over time. This is part of the network's design and is intended to provide scarcity and prevent excessive inflation. The limited supply of Bitcoin Cash also means that as adoption increases and demand for the currency grows, its value may potentially increase further due to scarcity and increasing demand. Overall, the limited supply of Bitcoin Cash is a key feature that makes it more akin to a store of value than a traditional currency, distinguishing it from government-issued fiat currencies that can be inflated at will.

total supply

21,000,000