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Bitcoin Cash is a cryptocurrency that emerged from a hard fork of Bitcoin in 2017, designed to address scalability issues by increasing the block size from 1MB to 32MB. This change allows for more transactions to be processed per block, aiming to improve transaction speeds and reduce fees, making it more suitable for everyday transactions like purchasing coffee. Bitcoin Cash adheres to the original vision of Bitcoin as an electronic cash system, facilitating quick, reliable transactions with low fees. Its commitment to on-chain scalability continues to drive its development and adoption as a medium of exchange and a potential method for merchant payments worldwide.
