Exit Debasing Dollars

Money is merely a measuring tool. Dollars simply fail to reflect value attribution as if they weren't even an asset, devolved into valueless credits.

Lifespan (years)UsefulnessGovernanceUnit Cap
Ꞩ (sats)hard-fork consensus2.1Q
USA100limitedcentralized
Britain105limitedcentralized
France95limitedcentralized
Netherlands78limitedcentralized
Spain111limitedcentralized
Portugal80limitedcentralized

Satoshis

In contrast, Bitcoin Cash is value attribution measurement software. Satoshis reflect all humanity's infinite hard work, time and abundance securely and accurately with absolute trustlessness.

Sub-Satoshis Pre-release

Visa, Who?

By adopting self-custody systems as the norm, Bitcoin Cash defies the limitations of Visa and Mastercard, paving the way for a more empowering financial future.

The Fundamental 5

The differences between the original design and Bitcoin Core's new design can be captured with five critical ideas:

  1. Bitcoin was designed to be digital cash used to make payments over the internet.

  2. Bitcoin was designed to have extremely low transaction fees.

  3. Bitcoin was designed to scale with blocksize increases.

  4. Bitcoin was not designed for the average user to run his own node.

  5. Bitcoin's economic design is as important as its software design.

Seize Your Power
Away From Banks

Bitcoin Cash operates as a decentralized peer-to-peer electronic cash system, allowing users to send and receive without the need for any centralized intermediary.

"A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution."
— Satoshi

Users Just
Being Users

True purchasing power is a reflection of usefulness. As user volume increases, on-chain spending sustains the growth and decentralization of mining operations.

"The current system where every user is a network node is not the intended configuration for large scale. That would be like every Usenet user [running] their own NNTP server. The design supports letting users just be users. The more burden it is to run a node, the fewer nodes there will be. Those few nodes will be big server farms. The rest will be client nodes that only do transactions and don't generate." — Satoshi

An-Cap

Anarcho-capitalism (colloquially: ancap or an-cap) is an anti-statist, libertarian political philosophy and economic theory that seeks to abolish centralized states in favor of stateless societies with systems of private property enforced by private agencies, based on concepts such as the non-aggression principle, free markets and self-ownership.

BTC Was Hijacked

Monetary energy is constant and naturally shifts to where it's most useful. Self-sustaining on-chain revenue decides which Bitcoin software implementation leads crypto onward.

Hijacking Bitcoin

Dishonest Miners

Despite dishonesty among Core developers and mining operations, and the breaking of the New York Agreement, Bitcoin developers took proactive steps to protect the original vision of Bitcoin. They created a contingency backup of the software, known as Bitcoin Cash (BCH), before any non-consensual changes took hold.

"I consider BCH a legitimate contender for the bitcoin name. I consider bitcoin's failure to raise block sizes to keep fees reasonable to be a large (non-consensual) change to the "original plan", morally tantamount to a hard fork."
— Vitalik

It Never Really
Hits a Scale Ceiling

Adaptive Blocksize eliminates the human trust requirement on mining operations.The more users we have, the stronger and more decentralized Bitcoin Cash becomes.Bitcoin Cash performs both autonomously and economically with no need to reject the majority of users by increasing costs.

"The existing Visa credit card network processes about 15 million Internet purchases per day worldwide. Bitcoin can already scale much larger than that with existing hardware for a fraction of the cost. It never really hits a scale ceiling. If you're interested, I can go over the ways it would cope with extreme size."
— Satoshi

Adaptive Blocksize Limit Algorithm

Privacy 👻

Cash operates both publicly and privately, allowing users to maintain complete anonymity through CashFusion, which merges transactions without the risks and fees associated with traditional coin mixing, making it an essential protocol for secure and private transactions.

Escrow

Utilize escrow to ensure privacy while acquiring cryptocurrency. Multiple Bitcoin Cash applications offer this service, enabling users to maintain confidentiality.

High Precision
Arithmetic

Ensuring compatibility with modern systems is crucial for longevity. By implementing scalable mathematics, we can guarantee adaptability for future developments. Expanding address space not only enhances functionality but allows for a greater number of users and transactions. This improvement bolsters security by minimizing the risk of address collisions, streamlining data processing, and ultimately delivering superior performance and faster calculations.

CHIP 2024-07 BigInt

CashTokens

By harnessing the robust UTXO model for native tokens and smart contracts, users and developers gain significant control while eliminating the need for intermediaries.

1000 x
Efficiency

"Ethereum developers can think of Bitcoin Cash as featuring transaction-level sharding of both data and execution, account abstraction, deterministic gas pricing, all-or-nothing transaction chaining, zero-delay re-spending, a wider selection of MEV-resistance strategies, and no-fee contract deployment – user wallets both “deploy” and “destroy” contracts incrementally as part of their usage, improving overall network throughput and real-world privacy. All of this exists at “layer 1”, with exceptionally low-bandwidth transactions, low-resource archival nodes, ever-improving scalability (already 25,000 transactions per second on modest, 2020 hardware), and multiple strategies for “layer 2” systems if needed (e.g. Lightning Network would be more bandwidth-efficient on Bitcoin Cash than on BTC).The tradeoff between Ethereum and Bitcoin Cash is development complexity: Ethereum contracts use a simpler, single-threaded, global-state model vs. the multithreaded, stateless-validation model used by Bitcoin Cash, so Ethereum contracts are easier to develop but far more expensive to use. This architectural difference allows decentralized applications built on Bitcoin Cash to scale to millions of users without increasing transaction fees, even during periods of high network activity."- Bitcoin.com

Hard-Fork Consensus

The CHIP process on the BCH network is designed to be systematic, accountable, predictable, non-coercive, and gradual, allowing for thorough evaluation and commitment before any proposed changes are implemented. This structured approach ensures the network's stability both in minimizing controversial, reckless changes and accommodating widely accepted, needed changes.

"In a correctly functioning Bitcoin network no soft forks should ever happen." — Mike Hearn

Trustless Redundancy

Bitcoin Cash is supported by multiple independent development teams.Changes are allowed/disallowed by mining operations in consensus.Miners aren't required to be honest, only to be sufficiently willing to earn as much as the blockchain allows.No single group controls it.

“It is a global distributed database, with additions to the database by consent of the majority.” — Satoshi

Anti-War

The remaining 1% of the dollar's value relies on offloading debt to neighboring countries, where citizens pay taxes under the threat of violence and the instability of war. However, neighboring countries and their citizens now have a chance to reclaim their power.

"For in every country of the world, I believe, the avarice and injustice of princes and sovereign states abusing the confidence of their subjects, have by degrees diminished the real quality of the metal, which had been originally contained in their coins." — Adam Smith 1776

Learn More

You Have Options

  1. Spend sats to build purchasing power, accepting volatility

  2. Stabilize until sats replace dollars

  3. Earn from the volatility

Stewardship

Being a good steward of money involves financial intentionality and following core principles, which foster peace, blesses others, and creates a positive impact.

Earn

Purchasing power increases with usefulness. The Bitcoin Cash blockchain enables high-velocity transactions for ideas (Native CashTokens) to come to life.

Budget

Create a budget that you can manage effectively, ideally with a partner if applicable, ensuring to include essential expenses like spending, saving, and charitable giving.

Give Generously

Be intentional about giving a portion of your income as it fosters generosity amongst God's kingdom, guards against greed, and demonstrates trust.

Avoid Debt

Live within your means to avoid unnecessary debt, and if you do have debt, create a repayment plan and utilize local food banks if needed.

Discover Purpose

Discovering purpose is discovering ourselves. We are most useful to each other through the powers of creation, love and mercy.

Realize Your Abundant Nature

We are abundant beings capable of boundless creation. Satoshis simply reflect this across time and space.

Save For The Future

Set aside as many Ꞩ's (sats) as you need in self-custody even in small amounts, to prepare for long-term financial security.

It's Just Money

Money isn't God, it's not abundance, it's meant to fade into the background as we live our lives.

Health Is Wealth

Take care of yourself and your loved ones, they're all that matters.

For more information read the whitepaper.






Join the Conversation

Pioneers, innovators and developers collaborate productively at bitcoincashresearch.org

Propose Change

It is recommended that proposed changes be tied to long-term BCH value. Learn More

Seek Wide Acceptance

Businesses, miners and holders can follow and participate in the public CHIP process and gain confidence about acceptance or rejection within each cycle, therefore increasing their investment confidence in BCH both as a platform and a currency.

Most Profitable
Software is Run

Mining operations can choose from compatible Bitcoin software implementations developed by many teams.

Dispute Resolution

Rare and costly dispute-resolution to resolve disagreements.

For more details on the entire process please Click Here















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Information

ⓘ Bitcoin Cash directory and grassroots community onboarding hub designed to facilitate the use and acceptance of Bitcoin Cash.

All network and pricing data on bchportal.cash is provided “as-is” and is to be used for entertainment purposes only. It should not be used or relied on in any way to influence or direct trading. It should not be used for investment decisions or funds availability. bchportal.cash operations are not responsible for the accuracy, availability or timeliness of prices, volumes, addresses, transactions or any other content that appears on the site. your use of content is at your own discretion.