About Bitcoin Cash

The bitcoin project launched in 2009 when a pseudonymous entity known as Satoshi Nakamoto released its public proof-of-work blockchain. It was a quiet event that would forever change the world.

Many years later the bitcoin project is still on a tear, full of infighting, chain splits, an explosion of other crypto projects, smear campaigns, countless multi-million-dollar hacks, and massively manipulated markets. All is fair in love, war, and bitcoin.

But why does this page say "bitcoin cash" instead of just "bitcoin?" While the project started as one chain, and the singular tense of "bitcoin" made sense, it split down the line into multiple, competing chains. The grammatically singular "bitcoin" now has multiple parts. In order to differentiate the descendant chains of the bitcoin project, they needed different names. There was a fight over which chain got the original ticker (BTC) at the first split, and it went with the legacy infrastructure, even though that chain was abandoning the original goal of becoming sound, global money. The chain pursing this goal is now called bitcoin cash, and uses the ticker BCH.

For better or for worse, the bitcoin project is now a convoluted multi-chain beast with ruthlessly competing communities that squabble like nasty siblings arguing over the inheritance of the parent's empire. The seemingly trivial difference? Whether growth should happen on-chain (BCH) or not happen on-chain (BTC).

While textbooks could be written about the economics, technical structure, and history of the bitcoin project, all I will say here is that the goal of the project is to create sound, global money. This means money immune to manipulation through inflation, i.e. freedom from the people printing money at the Federal Reserve and devaluing all existing USD, even the cash under grandma's mattress.

TL;DR: Bitcoin cash is the most promising chain in the bitcoin project, and the only one that still has a shot at becoming sound, global money. We are happy to accept it, talk about it, and send stickers about it. Shoot us an email at hello@sharksnot.com with any questions. May all our exchanges be mutually beneficial :)