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Bitcoin Cash (BCH) is a peer-to-peer electronic cash system that enables fast and low-cost transactions over a decentralized network. Created in August 2017 as a result of a hard fork from Bitcoin, it aims to improve scalability and reduce transaction fees, making it more practical for everyday transactions.
Optimism (OP) is a Layer 2 scaling solution built on the Ethereum blockchain that aims to enhance transaction speed and reduce costs. By utilizing optimistic rollups, it allows for faster and more efficient processing of transactions while maintaining the security and decentralization of Ethereum.