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The Rise Of STARTRADER

One Of The
World’s Fastest Growing Brokerage

The Rise Of STARTRADER

One Of The
World’s Fastest Growing Brokerage

Bitcoin Cash

A hard fork of Bitcoin that split off in August 2017, primarily over disagreements about block size. The Bitcoin Cash faction wanted larger blocks (initially 8MB, later 32MB) to allow more transactions per block and keep BTC functional as everyday payments infrastructure. The Bitcoin Core faction prioritised keeping the original network’s smaller blocks and developing layer-2 solutions like the Lightning Network for scaling.

Both chains continued. Bitcoin Cash proceeded with its larger blocks but never gained the mindshare or developer activity of the original Bitcoin chain, and over time its market capitalisation dwindled to a small fraction of BTC’s. The fork is mostly remembered now as the moment Bitcoin’s scaling debate forced a permanent split rather than a compromise.

Example: Anyone holding BTC at the time of the August 2017 fork received an equal amount of BCH automatically. Many holders sold the new BCH immediately for BTC, keeping the price ratio low and reinforcing BCH’s secondary status from day one.

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