Bitcoin Cash (BCH)

Overview

Bitcoin Cash (BCH) is the native asset of the Bitcoin Cash Network. Transactions spend existing UTXOs and create new outputs for recipients and change. Digital signatures authorize the spend, while full nodes independently validate transaction structure, input availability, scripts, and block rules.

Bitcoin Cash and Bitcoin share a common history before the chain split, but they now maintain independent canonical ledgers. A BCH address, block, or transaction belongs to the Bitcoin Cash network and should not be interpreted as a BTC record. Wallets and payment systems must store the network alongside every destination and transaction identifier.

BCH transaction fees are paid to proof-of-work miners and depend on transaction size, relay policy, and network conditions. Wallets still need correct Coin Selection and Change Output handling. A low fee can delay inclusion even when the transaction is otherwise valid.

Settlement is generally managed through Probabilistic Finality. Applications observe the transaction’s block inclusion and additional confirmations before moving the business payment to an accepted state. The required threshold should reflect transaction value and current chain conditions rather than copying Bitcoin policy automatically.

For OxaPay-related operations, BCH should be validated against the provider’s current supported-currency and supported-network configuration. Payment matching should confirm network, destination, amount, transaction hash, and confirmation state. Similar names and transaction models do not remove the operational separation between BCH and BTC.

Businesses should also distinguish BCH protocol support from exchange-market availability. A provider can list the asset while temporarily pausing one operation, such as withdrawals or deposits. The production integration should respond to current service status and never reuse BTC recovery instructions for BCH.