# Bitcoin Cash
Bitcoin Cash is a cryptocurrency that was created as a result of the hard fork of the original cryptocurrency, Bitcoin. It is designed to provide users with faster and cheaper transaction fees than those associated with traditional cryptocurrencies such as Bitcoin. The currency has been gaining traction since its launch in August 2017 due to its low-fee structure and scalability advantages over other digital currencies.
## What Is A Hard Fork?
A hard fork occurs when an existing blockchain diverges into two separate chains which can no longer coexist on the same network. This type of split usually happens when developers decide to make changes or updates to their software platform that are incompatible with each other’s version. When this occurs, miners have to choose whether they want to continue running one chain or switch over completely or partially from one chain onto another new chain, creating two distinct versions of the existing blockchain protocol: the “original” legacy version (e.g., BTC) and then subsequently forked version (e.g., BCH).
## How Does Bitcoin Cash Differ From Other Cryptocurrencies?
Bitcoin Cash provides some differences compared to other cryptocurrencies including larger block size limits and lower cost transactions – meaning more efficient payments between wallets without having high fees attached like many networks experience currently using third party services such as Coinbase or BitPay where applicable charges could be significant depending on how much you wish pay out through said service providers versus directly via your own wallet provider at hand etc.. Furthermore, it also allows merchants/users who accept payment in either Bitcoins(BTC) &or altcoins like Etherum(ETH), Litecoin(LTC), DashCoin (DASH), Dogecoin (DOGE) etc conveniently exchange them all for BCash if required – allowing for greater flexibility within individual asset portfolio management strategies moving forward too! Finally but not least importantly; Bcash makes use of SegWit technology along side HD wallets offering even higher levels security features thus protecting user funds better against malicious activities across all devices connected online today …
