Bitcoin Cash was born out of disagreements between the Bitcoin community over its ability to scale. When Satoshi Nakamoto developed the Bitcoin network, he limited Bitcoin’s block size to 1 megabyte to prevent people from spamming the network. In doing so, however, Nakamoto limited Bitcoin’s ability to scale. To solve the scaling issue, developer Pieter Wiulle proposed a solution known as segregated witness (SegWit). In short, SegWit is a process that increases the capacity of bitcoin blocks without changing their size limit by altering how the transaction data is stored. Members had differing views as to SegWit’s impact. Amid this back and forth, bitcoin developer Amaury Séchet decided to leave and create Bitcoin Cash along with American investor Roger Ver, Australian computer scientist Craig Wright, crypto mining company Bitmain and others.
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