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BCH is short for Bitcoin Cash.
BCH is a blockchain asset generated by the Bitcoin ABC scheme. To keep the protocol stable and simple, the Bitcoin ABC scheme removes the Segwit function, and supports to expand block size to 8M, which is the technical route of on-chain scalability. Bitcoin ABC code has been improved based on the stable version of the BTC agreement, if Segwit is not included, greater stability, security, and robustness is believed to obtain, as backups of current BTC agreement and BTC system. BCC has begun to be mined at 20:20 on August 1, 2017.
BCC has been originally set as a token to prevent BIP148 splitting bitcoin with hard fork. BCC inherits the idea of Satoshi Nakamoto, as a shadow of bitcoin, which can assume the test and backup roles of bitcoin. Therefore, in a strict sense, BCC is not to split bitcoin, but a measure to guard against the hard fork of bitcoin.