BCH2 Erupts from BC2 Hard Fork with 1:1 Token Distribution
Bitcoin Cash II (BCH2) is a SHA-256 proof-of-work cryptocurrency that emerged through a hard fork of BC2 at block height 53,200. The new coin inherits BC2's entire transaction history and adopts Bitcoin Cash consensus rules, including 32MB blocks and Schnorr signatures.
At the time of the fork, all BC2 holders received BCH2 at a 1:1 ratio, resulting in approximately 2,660,000 coins being distributed. BCH2 has no premine, developer allocation, or ICO, with all new coins entering circulation exclusively through mining following Bitcoin's original halving schedule.
The maximum supply of BCH2 is capped at 21,000,000, and the current block reward is 50 BCH2. The project also implements DSProof for real-time double-spend detection on unconfirmed transactions and a witness-via-scriptSig mechanism to allow existing SegWit UTXOs from BC2's history to be spent on the BCH2 chain.