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
Load more articles
DisclaimerThe information provided here does not constitute investment advice, financial advice, trading advice or any other sort of advice and you should not treat any of this content as such. None of the information should be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering. We do not endorse or rate any initial coin offerings or cryptocurrencies listed or mentioned, nor do we encourage our readers to invest in anything. Investing in initial coin offerings or any cryptocurrency is considered a speculative and high-risk activity and we strongly encourage all investors to perform their own due diligence and consider their own circumstances before considering an investment.