Home Bitcoin Bitcoin Cash II (BCH2) Tokenomics: Market Insights, Token Supply, Distribution & Price Data
Bitcoin

Bitcoin Cash II (BCH2) Tokenomics: Market Insights, Token Supply, Distribution & Price Data

Share


Bitcoin Cash II (BCH2) is a SHA-256 proof-of-work cryptocurrency created through a hard fork of BC2 (BitcoinII) at block height 53,200. BCH2 inherits BC2’s complete transaction history through the fork block while adopting Bitcoin Cash consensus rules, including 32MB blocks, the ASERT difficulty adjustment algorithm, Schnorr signatures, native introspection opcodes, and protocol upgrades through Upgrade 11 (ABLA).

At the time of the fork, all BC2 holders received BCH2 at a 1:1 ratio, with approximately 2,660,000 coins distributed. BCH2 had no premine, no developer allocation, and no ICO. All new coins enter circulation exclusively through mining, following Bitcoin’s original halving schedule with a maximum supply of 21,000,000 and a current block reward of 50 BCH2.

BCH2 launched with a 1-hour ASERT half-life designed for difficulty stability on a new network. At block 92,736, the half-life automatically transitions to 2 days, matching Bitcoin Cash Node (BCHN). This transition is built into the consensus rules and requires no hard fork. SIGHASH_FORKID provides replay protection, ensuring BCH2 and BC2 transactions are independent.

The project also implements DSProof for real-time double-spend detection on unconfirmed transactions, and a witness-via-scriptSig mechanism that allows existing SegWit UTXOs from BC2’s history to be spent on the BCH2 chain. The codebase is built on BitcoinII Core v27.1 and is open source under the MIT license.



Source link

Share

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Don't Miss

Mortgage and refinance interest rates today, May 4, 2026: Will rates rise again this week?

Long-term mortgage rates have edged up from the previous week once again. Two weeks ago, the 30-year fixed rate started the week at...

Bitcoin whales build long positions as funding stays deeply negative

The biggest traders on Hyperliquid have been building a long bitcoin position for two months, and the price chart is starting to break...

Related Articles

Bitcoin price analysis: blame BTC plunge on rising inflation, not Strategy, 10xResearch says

Bitcoin's BTC$63,871.14 slide below $60,000 may have less to do with Michael...

Bernstein Says Bitcoin’s ‘Store Of Value’ Thesis Remains Intact

Analysts at Wall Street brokerage Bernstein say Bitcoin’s (CRYPTO: $BTC) “store of...

Bitcoin stabilises after selloff, headwinds remain – London Business News

Bitcoin stabilised on Monday after a turbulent week that saw prices fall...

Is Bitcoin about to repeat the 2021-2022 bear market?

Bitcoin (BTC) remains under pressure, struggling below $64,000 on Monday after posting...