Bitcoin Cash
Bitcoin Cash is a cryptocurrency and blockchain platform that emerged as a fork from Bitcoin in 2017, primarily to increase block size limits for faster and cheaper transactions. It aims to function as peer-to-peer electronic cash for everyday payments, with a focus on scalability and low fees. The platform maintains Bitcoin's core principles of decentralization and security while optimizing for higher transaction throughput.
Developers should learn Bitcoin Cash when building applications that require fast, low-cost cryptocurrency transactions, such as payment systems, remittance services, or microtransaction platforms. It's particularly useful in scenarios where Bitcoin's network congestion and high fees are prohibitive, offering an alternative for scalable decentralized finance (DeFi) and e-commerce integrations. Understanding Bitcoin Cash also provides insights into blockchain forks and scalability debates in the cryptocurrency space.