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ForkBCH

Bitcoin Cash

Forked August 1, 2017 to raise the block size limit to 8 MB. Born from the big-blocker camp.

Forked from Bitcoin

Fork Date
August 1, 2017
Fork Block
#478,558
Block Size
8 MB (later 32 MB)
Algorithm
SHA-256 (ASIC)

Bitcoin Cash (BCH) was created on August 1, 2017 when miners and developers who believed Bitcoin's block size was too restrictive hard-forked at block 478,558. The fork removed SegWit's witness structure and implemented an 8 MB block size limit, arguing that on-chain scaling was essential for peer-to-peer cash.

The split was the climax of years of debate. The 2015 CoinWallet spam attack had demonstrated mempool congestion; the Hong Kong and New York agreements attempted compromise; but when SegWit gained momentum through BIP 91 and UASF pressure, Roger Ver, Jihan Wu (via Bitmain), and the Bitcoin ABC development team pushed the fork forward.

BCH inherited Bitcoin's transaction history up to the fork point. Holders of BTC at block 478,558 received an equal amount of BCH. The chain later increased its block limit further and removed the unconfirmed transaction chain limit, prioritizing low-fee payments over full-node accessibility.

Outcome

Survived as a distinct chain with its own ecosystem, but never displaced BTC as the market's definition of 'Bitcoin.' Further split in 2018 when Bitcoin SV forked away.

Key Figures

Key Blocks

Primary Event

Bitcoin Cash Hard Fork

Related Events