First hard fork of Bitcoin Cash | 10% for @tron-fan-club

The Launch of the Bitcoin Cash Hard Fork in 2017. It is the biggest event in the cryptocurrencies and the Blockchain's Evolution. In exactly August 2017, the cryptocurrency world witnessed a
significant event that would shape the trajectory of both Bitcoin and the broader blockchain world. This is the launch of the Bitcoin Cash (BCH) hard fork. This hard fork marked a pivotal moment in the ongoing debate over the scalability and overall governance of the original cryptocurrency.

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Blocksize is a problem for Bitcoin network as we all know that. It takes 10 minutes to complete a block. For this low rate of producing block, the pressure is created in the chain which basically lead in delay and resulting higher transection fees. At the heart of the Bitcoin Cash hard fork was a fundamental disagreement regarding the block size limit within the Bitcoin network. The original Bitcoin protocol had imposed a 1 MB block size limit. Being aleading cryptocurrency this 1 MB size is not sufficient to handle a big number of transactions happening throughout the World because a lot of people and exchanges are dealing with Bitcoin.

That means only a limited number of transactions could be processed in each block. As the popularity of Bitcoin grew, this limit led to congestion on the network. Finally it was causing higher transaction fees and longer confirmation times.
The proponents of Bitcoin Cash believed that increasing the block size limit was the solution to these issues. They argued that larger blocks would allow for more transactions to be processed in each block. This faction believed that Bitcoin should prioritize its role as a peer-to-peer electronic cash system as originally described in the Bitcoin whitepaper by Satoshi Nakamoto.

As a result, the Bitcoin Cash hard fork occurred. In this way a new cryptocurrency called BCH is created. It is a separate blockchain from the original Bitcoin (BTC). Bitcoin holders at the time of the fork received an equal amount of BCH. It was a airdrop for the ownership holders of BTC to get similar amount of both assets. Bitcoin Cash's larger block size did lead to improved transaction throughput and lower fees compared to Bitcoin.