Layer 1 / NETWORK PROFILE
Bitcoin Cash
BCH CMC #20 in the snapshot
A Bitcoin-derived payment chain that prioritizes scaling transactions on its base layer.
01 / THE PURPOSE
What is Bitcoin Cash for?
Bitcoin Cash became a separate network in the 2017 scaling split. It retains a peer-to-peer cash focus while evolving its own consensus rules and application capabilities.
02 / THE ARCHITECTURE
Three questions about the machinery.
How does it agree?
Consensus & securitySHA-256 proof-of-work selects the accepted valid history. Sharing a mining algorithm with Bitcoin does not mean sharing its hash power at all times or inheriting its exact security.
Where do instructions run?
Execution modelIt uses UTXO accounting and scripting. CashTokens add native fungible and non-fungible assets; adaptive block limits support the project’s approach to onchain capacity.
03 / THE DESIGN CHOICES
What comes with the design?
Each architecture makes choices about security, performance, coordination, and who can participate.
Larger capacity can raise node bandwidth and storage requirements as use grows.
Mining economics and reorganization exposure are specific to BCH; broadcast is not final settlement.
04 / IN PRACTICE
Follow one use.
Illustrative: paying a BCH invoice requires a BCH transfer. Holding BTC in a wallet does not automatically fund that invoice, even if both assets trace back to the same pre-split history.
05 / CHECK THE EXPLANATION
Sources & snapshot.
Network descriptions use the references below. The CoinMarketCap snapshot determines which assets are in scope and their captured rank; it does not assess the quality of a network.
- Bitcoin Cash · Network and history Bitcoin Cash
- CoinMarketCap top 100 snapshot Captured 14 Nov 2026 · See the complete scope audit
- Bitcoin Cash (BCH) on CoinMarketCap Captured asset rank #20
Profile checked 14 Nov 2026. Network designs and ranked positions can change.