Bitcoin Cash is a cryptocurrency and worldwide decentralized payment system, meaning that it works without a central bank or government. In mid-2017, the developers not content with the Segregated Witness feature implemented a change to the bitcoin code. The change, called a hard fork, took effect on August 1, 2017. As a result, the bitcoin ledger called the blockchain and the cryptocurrency split in two. At the time of the fork anyone owning bitcoin was also in possession of the same number of Bitcoin Cash units.
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