Bitcoin Cash is a cryptocurrency. It is a result of a prolonged disagreement on how to handle the bitcoin scalability problem. A group of people not content with the Segregated Witness bitcoin rule change decided to increase bitcoin transaction capacity eight times. The change took effect on 1 August 2017. The change is incompatible with the existing bitcoin rules, which is why it is called a hard fork. As a result, the bitcoin ledger called the blockchain and the cryptocurrency split in two.
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