Bitcoin Cash (BCH) casinos and Bitcoin Cash gambling have been striding towards a unique position in the industry. The cryptocurrency has become a staple among iconic brands and every day more online casinos are enabling BCH payments.
Why? Well, Bitcoin Cash was born out of a controversy, and the gambling industry is not immune. In an effort to cater to players who are on the other side of the block size debate, online casinos are wise to bring Bitcoin Cash onboard.
Bitcoin Cash (BCH) is a cryptocurrency launched in 2017. A lot of people think that Bitcoin Cash is the same thing as Bitcoin – it is not. In fact, you could consider Bitcoin and Bitcoin Cash to be more like sibling rivals than twins. In 2017, the Bitcoin family and its community split after disagreements about Bitcoin’s scalability. This resulted in a hard fork, and Bitcoin Cash was born. The new altcoin aimed to scale Bitcoin, so that it could meet the demands of a global payment system.
From the get-go, Bitcoin Cash was considered a ‘legit’ continuation of the Bitcoin project. In fact, all Bitcoin owners at the time of the fork automatically became owners of Bitcoin Cash. At the time of the split, Bitcoin Cash increased their block size from 1MB to 8MB. An increased block size enables transactions per second (TPS) while keeping fees extremely low. This was a brilliant move, solving the issues of payment delays and high fees experienced by Bitcoin users.
By the end of 2017, it had become obvious that BCH was not just another fork, but a cryptocurrency to reckon with in its own right.
So, now you know a little more about Bitcoin Cash, let us introduce you to Bitcoin Cash gambling.