Crypto investment firm Grayscale has just released “An Introduction to Bitcoin Cash” highlighting the basics of BCH for those who may be yet unfamiliar, or just wish to brush up on the popular token forked from Bitcoin Core on August 1, 2017. With a significant reputation in the industry, Grayscale’s release of the document marks yet another important milestone in BCH recognition and adoption worldwide.
Also Read: Ohio Removes Option to Pay Taxes With Crypto While Local SLP Project Presses Forward
Grayscale Talks Bitcoin Cash
Grayscale Investments is a well-known firm in the crypto space, creating and managing billions in cryptocurrency investment trusts. A subsidiary of the Digital Currency Group, Grayscale announced in August that it would utilize Coinbase Custody’s services for storing underlying digital assets. Grayscale offers investment trusts in BTC, BCH, ETH, ETC, ZEN, LTC, XLM, XRP, and ZEC, as well as a diversified option.
The newly released document, “An Introduction to Bitcoin Cash,” is a 14-page overview of the bitcoin cash token covering topics such as history, defining characteristics, differences between BCH and BTC, and advantages and potential disadvantages to BTC. The intro to the report notes:
Bitcoin Cash is one of the most successful hard forks of Bitcoin. Like its predecessor, Bitcoin Cash is a decentralized, peer-to-peer (P2P) digital currency and payment network supported by an open-source blockchain protocol.
Citing the implementation of Segwit and the Lightning Network, the report notes that “Bitcoin’s solution to the scalability issue was met with some resistance due to the removal of digital signatures as previously described in the Bitcoin whitepaper, leading to the simultaneous
