Bitcoin Cash is a cryptocurrency that was created in August 2017 as a result of a split from Bitcoin. The main goal of this split was to increase the transaction capacity of the network, allowing for faster and cheaper transactions. By increasing the block size from 1 MB to 8 MB, Bitcoin Cash aims to handle more transactions per second compared to its predecessor.
Like Bitcoin, Bitcoin Cash operates on a decentralized network using blockchain technology. It allows users to send and receive digital currency without the need for intermediaries, such as banks. This makes it an attractive option for those looking for a peer-to-peer payment system.