Buffering has both positive and negative consequences. On the plus side, the nitrogen cycle produces nitric acid (nitrate). Without buffering, your tank's pH would drop over time (a bad thing). With sufficient buffering, the pH stays stable (a good thing). On the negative side, hard tap water often almost always has a large buffering capacity. If the pH of the water is too high for your fish, the buffering capacity makes it difficult to lower the pH to a more appropriate value. Naive attempts to change the pH of water usually fail because buffering effects are ignored.
In freshwater aquariums, most of water's buffering capacity is due to carbonates and bicarbonates. Thus, the terms ``carbonate hardness'' (KH), ``alkalinity'' and ``buffering capacity'' are used interchangeably. Although technically not the same things, they are equivalent in practice in the context of fishkeeping. Note: the term ``alkalinity'' should not be confused with the term ``alkaline''. Alkalinity refers to buffering, while alkaline refers to a solution that is a base (i.e., pH > 7).