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
“I want to start a new fork,” said Haipo Yang of ViaBTC, with an obvious hint of his seriousness being… read more
The ethereum based token Chainlink is close to overtaking BSV in market cap after bypassing Litecoin to now 8th position.… read more
Most cryptocurrencies, from Bitcoin to XRP, haven’t fared too well since the highs of the last bull market. Even BTC,… read more
Save for a few blips, XRP, Litecoin, Bitcoin Cash, and others have been part of the top 10 cryptocurrencies for… read more
Just over a month prior to the Bitcoin (BTC) block reward halving on May 11th, forked cryptocurrency Bitcoin Cash (BCH)… read more
Tether’s market cap has suddenly increased by an incredible $2 billion with this being the biggest jump ever for the… read more
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