BCH · BTC-style emission, empty buy ledger.
Last 90 days: ~40.5K BCH minted from the coinbase reward (3.125 BCH/block × 144/day × 90), against a structurally empty buy ledger. Net ~+0.20% / 90D. Cycle-5 halving is ~22.5 months out and does not land inside the window. The 2020 BCH ABC fork rejected the protocol-level dev tax — there is no Foundation row to watch.
Cycle-4 coinbase reward: 3.125 BCH/block × ~144 blocks/day at the ~10-minute target. Cycle-5 halving at block 1,050,000 (~April 2028) drops emission to 1.5625 BCH/block — well outside the next-90D window.
BCH forked from BTC in August 2017 — no pre-mine, no ICO, no team allocation. Every BCH ever minted came from a coinbase reward. No vesting schedule exists.
The Bitcoin Cash chain (post-Nov 2020 fork) does NOT have a protocol-level dev fund. The Infrastructure Funding Plan was rejected by BCH; the ABC side that took the 8% coinbase tax forked off and became eCash (XEC). Sell #3 = 0 structurally on the BCH chain.
No BCH bankruptcy estate. Mt. Gox BCH distributions largely complete; no scheduled long-term unlock in window.
No protocol revenue mechanism. PoW miners earn the coinbase; no portion routes back to a buyback contract.
BCH script does not include an EIP-1559-style base-fee burn. Transaction fees flow entirely to miners.
No Foundation, no DAO treasury. No accumulation programme exists.
No native staking on BCH (pure PoW). No lockup programme.
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