Bitcoin Cash profile
Bitcoin Cash Profile (BCH)
Rating: B | Very Good
Cryptocurrency Balanced Mid Cap
Project Safety Score

Wed, Jan 26, 2022 5:32 AM

B
Rating Very Good
Market Cap $5476788097.2433
24hr Volume $4895165224.8668
Price $288.77969301105
Review

Bitcoin Cash

coin

1stgen blockchain

Bitcoin Cash is a hard fork of Bitcoin with a protocol upgrade to fix on-chain capacity. Bitcoin Cash intends to be a Bitcoin without Segregated Witness (SegWit) as soft fork, where upgrades of the protocol are done mainly through hard forks and without changing the original economic rules of the Bitcoin. Bitcoin Cash (BCH) is released on 1st August 2017 as an upgraded version of the original Bitcoin Core software. The main upgrade is the increase in the block size limit from 1MB to 8MB. This effectively allows miners on the BCH chain to process up to 8 times more payments per second in comparison to Bitcoin. This makes for faster, cheaper transactions and a much smoother user experience. Why was Bitcoin Cash Created? The main objective of Bitcoin Cash is to to bring back the essential qualities of money inherent in the original Bitcoin software. Over the years, these qualities were filtered out of Bitcoin Core and progress was stifled by various people, organizations, and companies involved in Bitcoin protocol development. The result is that Bitcoin Core is currently unusable as money due to increasingly high fees per transactions and transfer times taking hours to complete. This is all because of the 1MB limitation of Bitcoin Core’s block size, causing it unable to accommodate to large number of transactions. Essentially Bitcoin Cash is a community-activated upgrade (otherwise known as a hard fork) of Bitcoin that increased the block size to 8MB, solving the scaling issues that plague Bitcoin Core today. Nov 16th 2018: A hashwar resulted in a split between Bitcoin SV and Bitcoin ABC

Read more in the whitepaper:
https://www.bitcoincash.org/bitcoin.pdf

Bitcoin Cash Project Statement

Project statements are provided by senior members of the project team and serve to tell the reader why the project has honorable intentions and why is definitely not a scam.

Please get in touch to submit a project statement for this project. Emails must be sent from official domain email addresses and will be verified before being accepted.

Full Report

Bitcoin Cash Safety Report

Bitcoin Cash has a safety score of 7.11

Bitcoin Cash is a mid cap cryptocurrency coin.

Bitcoin Cash is suited to a balanced investment style.


Bitcoin Cash Profile

This profile has enough data to perform a thorough analysis. But any missing data will have a negative impact on the overall rating.

Missing Data:
  • project team

Bitcoin Cash Red Flags

There are currently no Bitcoin Cash red flags.


Bitcoin Cash Development Score

The Bitcoin Cash project has 2 active source code repositories.

The most recent commit was Mon, Nov 16, 2020 3:41 PM

  • 54 Watchers
  • 282 Stars
  • 128 Mentionable Users
  • 0 Vulnerabilities
  • No commits in the last 28 days
Highlights:
  • daily repo updates
  • very low stars
  • very poor watchers
  • poor mentionable users
  • no repo stars

Bitcoin Cash Sentiment Score

The sentiment score indicates how well the wider community regards the project. We analyse social media platforms such a Reddit, Twitter etc to access if the community is talking positively or negatively about a project. Or if they are even talking about the project at all!
The more articles that are available to analyse, the more confident we can be about the score. If there is not a lot of data available on the internet to use, this should be a redflag as it can indicate that no one is posting or writing about this project.

Highlights:
  • The overall sentiment is very positive
  • Enough of a collection of articles to be just about confident of the sentiment

Bitcoin Cash Community Score

The community score indicates how active community is. Are they writing lots of articles and engaging in lots of conversations on the web? Where is the crypto communities attention spent? There are so many hours in the day to spend writing, reading, researching a project. So how much of this time is spent on Bitcoin Cash?

The larger a community is then the more eyes are on that project. Sharing information, red flags and concerns is more likely the bigger the community is. And larger communities are alot hard to censor and control - therefore they provide a diverse range of opinions.

Overall Bitcoin Cash has a strong community, posting and creating lots of content across the internet on social media, forums, blogs and websites.

Highlights:
  • extremely high reddit articles
  • extremely high hashtag tweets
  • good gitHub account watchers

Bitcoin Cash Awareness Score

The awareness score indicates how well Bitcoin Cash is known in the main stream. Its all very well for a project to have a discord channel to have 1000 users chatting all day about how great the Bitcoin Cash is but a good measure of longevity is how well the project is known by the general public.

Overall Bitcoin Cash this project is has some exposure in the wider population. In general as the project grows the community score will increase or if the community looses interest then it can of course decrease.

Highlights:
  • below average search result total
  • good number of news articles mentioning Bitcoin Cash
  • good number of headlines about Bitcoin Cash
  • low number of Bitcoin Cash YouTube videos

Bitcoin Cash Credibility Score

The credibility score indicates how credibility a project is. Does it have a ridiculous name? Is it run by a 13yr old in their basement? Is it just 2 days old and too early to tell?

Highlights:
  • Mature project age (released Jul 23, 2017)

Bitcoin Cash Volume Score

The volume score is the simplest of all our metrics and quite often the bottom line metric. It doesnt matter how well a project scores on the other factors, if it is only shifting a few thousand dollars a day in volume then there is a high chance you will left holding a bag

Highlights:
  • very high USD 24hr volume

Red flags come in all shapes and sizes

At the end of the day a cryptocurrency project requires you to part with your hard earned cash in order for it to become succesful.

You expect a level of transparency and professionalism from a project that is asking for your money.

There are all sorts of red flags which you should be weary of;

  • 404 (missing) websites
  • Expired SSL certs
  • Malware/Hijacked sites
  • Suspended Twitter accounts
  • Private Subreddits
  • SEC investiations

If you spot anything suspicious/resolved then please let us know.

Bitcoin Cash Red flags
  • No red flags
    No red flags have been identified. That doesnt mean its a 100% safe project, it just means that no red flags have been brought to our attention.

BCH
Member Ratings (BCH)

3.57/5

7 reviews
Ratings and reviews left by our members do not impact the profile score.

LL

Tue, Aug 31, 2021 9:57 AM
Been using it for a year and it's much cheaper and faster than BTC.
0 0

BigBlocks

Fri, May 7, 2021 3:10 AM
Bitcoin Cash (BCH) is the Bitcoin described in Satoshi's original whitepaper before the project was hijacked by Blockstream
0 0

Mattecles

Fri, Jan 17, 2020 5:44 PM
cheaper, faster and better than Bitcoin.
2 0

Telesfor

Sat, Jul 13, 2019 12:39 PM
Very good coin. Fast, sure, frequently accepted.
3 4

Daniel Salloi

Fri, Mar 1, 2019 9:23 PM
Sketchy fork from Bitcoin - advantage or disadvantage? The future will tell.
2 6

liwu.c

Wed, Oct 24, 2018 6:32 PM
I really don't like to use this coin. It's sluggish and a cheap copy of Bitcoin.
3 10

Vitalie Lisnic

Mon, Aug 20, 2018 8:34 PM
If you want a new currency, create your currency, don't fork other. This currency have no future
5 11

95%

Profile Status

How complete is this profile:

1 missing data point

This profile is still waiting for the following data points

  • project team

Member Signals

3.57/5

(7 reviews)
Member Ratings
Market Cap Rank:
28
Voted:
--
Bulls v Bears:
neutral
Is Trending?
Member signals do not affect the profile score.

Bitcoin Cash Reddit

Bitcoin Cash Github

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