BCH to JPY Live Price Converter

Bitcoin Cash (BCH) is a peer-to-peer digital cash system, striving to evolve into a reliable global currency, characterized by swift payments, minimal fees, privacy, and increased block size. As a decentralized and permissionless cryptocurrency, it eliminates the need for trusted intermediaries.

Bitcoin Cash emerged as an alternative to the original bitcoin (BTC). In 2017, BCH developers tweaked the BTC code, launching their version of the software, which resulted in a competitive product that split Bitcoin into two distinct blockchains: Bitcoin and Bitcoin Cash. This split, known as a hard fork, arose from differences within the community over Bitcoin's scaling and the implementation of Segregated Witness (SegWit). Furthermore, in the autumn of 2018, another hard fork occurred, splitting Bitcoin Cash into Bitcoin ABC and Bitcoin SV.

The scaling debate pitted two factions against each other. Those favoring smaller blocks were against increasing the block size, arguing that it could lead to the centralization of the blockchain and increase vulnerability by making it more challenging to host full nodes. On the other hand, proponents of larger blocks sought a quicker solution, fearing that escalating transaction fees could stifle growth.

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