Bitcoin Cash (BCH): how it works, supply and reviews

Layer 1 blockchain

In short

Type
Layer-1 blockchain; a hard fork of Bitcoin at block 478,558
Maximum supply
21,000,000 BCH
Risks and caveats
There is no foundation or company behind BCH; upgrades depend on coordination between independent node teams, and specifications are maintained per project.
Checked
28 October 2026

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Key facts

Ticker
BCH
Category
Layer 1 blockchain
Network
own blockchain
Mining algorithm
SHA-256
Official site
bch.info
Whitepaper
bch.info/bitcoin.pdf
Source code
github.com/bitcoincashorg/bitcoincash.org

Data: CoinGecko, 2026-10-27. Only projects that still trade with meaningful volume are listed.

What is Bitcoin Cash

Bitcoin Cash (BCH) is a proof-of-work cryptocurrency that split from Bitcoin on 1 August 2017 to scale on-chain as low-fee electronic cash. It keeps Bitcoin's 21 million coin limit and has since added native tokens (CashTokens) and an adaptive block size limit.

Network and consensus

Network and consensus — Bitcoin Cash
ParameterDetails
TypeLayer-1 blockchain; a hard fork of Bitcoin at block 478,558
ConsensusSHA-256 proof of work (mining)
Launched1 August 2017 (fork activation time 12:20 UTC)
Block time10-minute target, kept by the ASERT difficulty adjustment algorithm (since November 2020)
Smart contractsBitcoin-style Script; native fungible and non-fungible tokens (CashTokens) since 15 May 2023

Supply and issuance

Supply and issuance — Bitcoin Cash
ParameterDetails
Maximum supply21,000,000 BCH
IssuanceNew coins are paid to miners as a block reward; the reward started at 50 coins per block
HalvingThe block reward halves every 210,000 blocks, roughly every four years

What BCH is used for

Who develops and governs Bitcoin Cash

Developer
Several independent node teams; Bitcoin Cash Node (BCHN) is one of them
Governance
No company or foundation; protocol changes are proposed and coordinated across development teams (e.g. on bitcoincashresearch.org)
Founders
No single founder; Bitcoin Cash continues Bitcoin's chain, created by Satoshi Nakamoto, up to the 2017 split
Open source
Yes; node software such as Bitcoin Cash Node (BCHN) is released under the MIT licence

History

History — Bitcoin Cash
DateEvent
October 2008Satoshi Nakamoto publishes the Bitcoin whitepaper, the shared origin of Bitcoin and Bitcoin Cash.
1 August 2017Bitcoin Cash splits from Bitcoin at block 478,558 to allow larger blocks.
15 November 2020The ASERT difficulty adjustment algorithm is adopted to keep blocks close to 10 minutes apart.
15 May 2023CashTokens upgrade activates, adding native fungible and non-fungible tokens.
2024The Adaptive Block Limit Algorithm (ABLA) activates, letting the block size limit adjust to demand.

Security and audits

Risks and caveats

Official links

Questions and answers

What is Bitcoin Cash?

Bitcoin Cash (BCH) is a proof-of-work cryptocurrency that split from Bitcoin on 1 August 2017 to serve as low-fee electronic cash.

Who created Bitcoin Cash?

Bitcoin Cash has no single creator; it continues Bitcoin's history up to block 478,558 and is developed by several independent node teams.

What is the maximum supply of Bitcoin Cash?

The protocol caps supply at 21 million BCH. The mining reward halves every 210,000 blocks, about every four years.

How does Bitcoin Cash work?

Miners secure the chain with SHA-256 proof of work, targeting one block every 10 minutes, and receive newly issued BCH plus fees.

Sources

More in this section

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