LearnBitcoin.cash is an informational website that recently appeared online. Find out what you need to know about this website today in our review.
What Is Learn Bitcoin Cash?
LearnBitcoin.cash, or Learn Bitcoin Cash, is an informational site dedicated to explaining the advantages of Bitcoin Cash (BCH). The popular bitcoin hard fork launched in August 2017 with promises of cheaper transaction fees and better scalability over the legacy version of bitcoin (BTC). Bitcoin Cash has undoubtedly achieved those goals, and the value has steadily increased since August.
In any case, LearnBitcoin.cash seems to be dedicated to explaining the basic details of Bitcoin Cash and how it works. The website also features a faucet.
What Will You Learn From Learn Bitcoin Cash?
Here are some of the specific topics covered on the LearnBitcoin.cash website:
What Is Bitcoin Cash:
The website describes Bitcoin Cash accurately, calling it “a cryptocurrency, or digital money” that “can be used to buy/sell anything just like the USD.”
How Mining Works:
Miners mine Bitcoin Cash to release more BCH into the network. Like the original bitcoin (BTC), Bitcoin Cash is based on proof of work (PoW) mining, where nodes compete to verify blocks, then get rewarded for each successful block.
Why Bitcoin Cash Is Valuable:
LearnBitcoin.cash claims that “the combination of scarcity and utility” makes Bitcoin Cash and other cryptocurrencies valuable.
Benefits Of Bitcoin Cash For Business Owners:
Business owners can reduce fees, attract new customers, and enjoy faster transaction times compared to fiat currencies or legacy bitcoin. There’s also no PayPal-like centralized authority that can freeze your account or seize your funds.
Benefits Of Bitcoin Cash For Investors:
Bitcoin Cash can never be seized or taken from you (this claim is made from the website, although it’s not entirely true if you’re participating in illegal activities). The website also emphasizes increased privacy, cheaper transaction times, and international usability.
Overall, LearnBitcoin.cash describes Bitcoin Cash as “your ticket into this future economy”. The website doesn’t provide much information specific to Bitcoin Cash. Most of the references to Bitcoin Cash on the website could be replaced with bitcoin, and they would still be accurate.
The Learn Bitcoin Cash Faucet
LearnBitcoin.cash has a Bitcoin Cash Faucet that claims to send you free Bitcoin Cash (BCH) with no restrictions whatsoever. The company just needs your receiving address (your Bitcoin Cash wallet), and they’ll send you Bitcoin Cash.
So far, the website claims to have sent out 14,589 payments through the faucet (as of November 30, 2017), with a total of $937.34 worth of Bitcoin Cash being given away for free. The company has a remaining balance of around 0.3 BCH.
You can also donate to the faucet.
Learn Bitcoin Cash Conclusion
LearnBitcoin.cash, or Learn Bitcoin Cash, is an informational website featuring Bitcoin Cash (BCH) and an explanation of how it works. The website explains the basic details of Bitcoin Cash, although it doesn’t dive very deep into the history of Bitcoin Cash or what makes it different from legacy bitcoin (BTC). In fact, the word “Bitcoin Cash” can be replaced on most of the website with “bitcoin” and it would still be mostly accurate.
The only real notable part of the LearnBitcoin.cash website is that there’s a BCH faucet. That faucet is giving away small amounts of BCH to anyone with a receiving address, and you can input BCH to the faucet as a donation.