{"id":272,"date":"2021-03-09T22:49:34","date_gmt":"2021-03-09T22:49:34","guid":{"rendered":"https:\/\/investapal.com\/TV\/?page_id=272"},"modified":"2021-03-09T22:49:34","modified_gmt":"2021-03-09T22:49:34","slug":"what-is-bitcoin-cash-2","status":"publish","type":"page","link":"https:\/\/investapal.com\/TV\/education\/what-is-blockchain-technology\/what-is-bitcoin-cash-2\/","title":{"rendered":"What is BITCOIN CASH?"},"content":{"rendered":"\n<p><em>Bitcoin Cash is major Bitcoin fork that hasn\u2019t found its footing. It probably won\u2019t.<\/em><\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"alignright\"><img data-recalc-dims=\"1\" height=\"169\" width=\"300\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/investorplace.com\/wp-content\/uploads\/2020\/06\/bch-1-300x169.jpg?resize=300%2C169&#038;ssl=1\" alt=\"bitcoin cash\" class=\"wp-image-1631255\"\/><\/figure><\/div>\n\n\n\n<p>Source: Immersion Imagery \/ Shutterstock<\/p>\n\n\n\n<p><strong>Approximate Market Cap:<\/strong> $8 billion<br><strong>Year Established:<\/strong> 2017<br><strong>Cost Per Transaction:<\/strong> Nominal<br><strong>2020 Return:<\/strong> 77%<br><strong>Score:<\/strong> \u2605<\/p>\n\n\n\n<p>Bitcoin Cash came as one of the earliest (and most prominent) <a href=\"https:\/\/www.thebalance.com\/what-is-a-bitcoin-fork-4684459\">Bitcoin forks<\/a>. Early on, it was also once the most successful. But today, it\u2019s a shadow of its former self.<\/p>\n\n\n\n<p>In 2017, as concerns over Bitcoin\u2019s scalability mounted, Amaury Sechet and a group of programmers released Bitcoin Cash to compete. With a 10-minute block time and larger block sizes, BCH can theoretically process more transactions per second than its older rival.<\/p>\n\n\n\n<p>From an investment standpoint, however, the fork has been a massive disappointment. Its improvements proved far too minor to excite investors, sending the price of BCH spiraling from a $4,355 peak in 2017 to just $700 or so today. Although BCH will likely ride Bitcoin\u2019s coattails in the near-term, the coin remains a shadow of its former self. My recommendation? Sell BCH and find greener pastures.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin Cash is major Bitcoin fork that hasn\u2019t found its footing. It probably won\u2019t. Source: Immersion Imagery \/ Shutterstock Approximate Market Cap: $8 billionYear Established: 2017Cost Per Transaction: Nominal2020 Return: 77%Score: \u2605 Bitcoin Cash came as one of the earliest (and most prominent) Bitcoin forks. Early on, it was also [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":190,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"nf_dc_page":"","om_disable_all_campaigns":false,"footnotes":""},"class_list":["post-272","page","type-page","status-publish","hentry"],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/investapal.com\/TV\/wp-json\/wp\/v2\/pages\/272","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/investapal.com\/TV\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/investapal.com\/TV\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/investapal.com\/TV\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/investapal.com\/TV\/wp-json\/wp\/v2\/comments?post=272"}],"version-history":[{"count":1,"href":"https:\/\/investapal.com\/TV\/wp-json\/wp\/v2\/pages\/272\/revisions"}],"predecessor-version":[{"id":273,"href":"https:\/\/investapal.com\/TV\/wp-json\/wp\/v2\/pages\/272\/revisions\/273"}],"up":[{"embeddable":true,"href":"https:\/\/investapal.com\/TV\/wp-json\/wp\/v2\/pages\/190"}],"wp:attachment":[{"href":"https:\/\/investapal.com\/TV\/wp-json\/wp\/v2\/media?parent=272"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}