Bch

I. Project Basic Overview

1.1 Core Positioning and Background

BCH is a cryptocurrency that was born from the hard fork of Bitcoin (BTC) on August 1, 2017, with a core positioning as 'electronic cash', aimed at solving the problems of BTC transaction congestion and high fees. Its core technical logic is to expand block capacity (initially from 1MB to 8MB, later expanded to 32MB+), to achieve low-cost, high-concurrency on-chain payments, forming the early narrative of 'BTC as a store of value, BCH for consumption'.

1.2 Organizational Structure and Development Model

BCH adopts a highly decentralized development model, without a centralized company leading it, and core governance is promoted through CHIPs (Improvement Proposal Mechanism) by community voting. Currently, mainstream node software includes BCHN (Bitcoin Cash Node), Bitcoin Verde, Knuth, etc., with early core promoters being Roger Ver ('Bitcoin Jesus'), and the current development momentum mainly comes from geek developer teams like Jason Dreyzehner.