What is Bitcoin Cash?
Bitcoin Cash (BCH) is a hard fork of Bitcoin. It is similar to Bitcoin with regards to its protocol Proof of Work SHA-256 hashing and the same 21,000,000 coin supply, as well as the same block times and reward system. However, the two main differences are the blocksize limits, as of August 2017 Bitcoin had a 1MB blocksize limit whereas BCH proposed a 8MB blocksize limit. Bitcoin Cash was a proposal from the viaBTC mining pool and the Bitmain mining group to carry out a UAHF (User Activated Hard Fork) on August 1st 2017. They rejected the agreed consensus (SegWit2x) and decided to fork the original Bitcoin blockchain to create this new version called Bitcoin Cash. Bitcoin Cash aims to solve scalability issues experienced with Bitcoin.
Bitcoin Cash News
Although things haven’t gone too well for Bitcoin Cash, there may be light at the end of this dark tunnel.… read more
Bitcoin Cash (BCH) has stopped at a 32 MB block size, as for now the idea of variable block size… read more
It’s being reported that bitcoin cash had a very rough third quarter in 2019. The price was never quite able… read more
Bitcoin cash price rallied recently and climbed above the $280 resistance against the US Dollar. The price is currently consolidating… read more
Bitcoin Cash has risen by about 10% from $264 to $284 following news a power struggle at Bitmain has been… read more
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