Bitcoin.com has reintroduced its blockchain-based notary service, now powered by the Bitcoin Cash (BCH) network. This innovative solution enables anyone globally to verify document ownership for just 0.0005 BCH (~$0.97)—a stark improvement over Bitcoin Core's limitations.
Why Bitcoin Cash (BCH) for Document Verification?
Originally launched in April 2017 using Bitcoin Core (BCE), the service faced unsustainable bottlenecks due to:
- Network congestion
- High transaction fees (often exceeding document verification costs)
With Bitcoin Cash's low-fee, high-throughput blockchain, users now enjoy:
- Near-instant verification (<10 minutes)
- Fixed cost: 0.0005 BCH per document
- Sub-cent transaction fees
- Permanent cryptographic timestamping on the BCH chain
👉 Discover how BCH is revolutionizing digital notarization
How the BCH Notary Service Works
- Upload: Drag-and-drop files or use the browser selector.
- Fund: Send 0.0005 BCH to the provided address.
- Verify: Documents receive a unique BCH transaction ID and timestamp.
Note: Only an encrypted hash is stored on-chain—document contents remain private.
"Control your own information. Compare the blockchain's encrypted digest with the original file anytime for proof of existence." — Bitcoin.com
Advantages Over Traditional Notarization
| Feature | Traditional Notary | BCH Blockchain |
|---------|-------------------|----------------|
| Cost | $5–$50 per document | ~$0.97 |
| Speed | Hours/days | <10 minutes |
| Accessibility | Geographic limits | Global |
| Security | Physical seals | Cryptographic proof |
This aligns with Satoshi's vision: peer-to-peer verification without intermediaries like governments or banks.
👉 Explore Bitcoin Cash's real-world applications
FAQs
Q: Is my document stored on the blockchain?
A: No—only a tamper-proof cryptographic hash is recorded.
Q: How long does verification take?
A: Typically under 10 minutes (1 BCH block confirmation).
Q: Can I view my notarized files later?
A: Yes! Track them via any BCH block explorer using your transaction ID.
Q: What file types are supported?
A: All common formats (PDF, DOCX, JPEG, etc.).
The Future of BCH-Powered Services
Bitcoin Cash continues to expand its utility beyond payments:
- Smart contracts
- Tokenization
- Decentralized identity
With services like Bitcoin.com's notary, BCH demonstrates its capability as more than just digital cash—it's a foundational tool for trustless verification in the digital age.