Bitcoin CashWhat is Bitcoin Cash?
BitCoin Cash is a cryptocurrency resulting from a hard fork from Bitcoin in August 2017.
It was forked just before Bitcoin had implemented SegWit, so, unlike Bitcoin, BCH doesn’t include this feature. It has a block size limit of 8 MB, in contrast to Bitcoin’s 1 MB. This allows for a much higher transaction throughput, i.e. 61 transactions per second, while Bitcoin is limited to 7. Also Bitcoin Cash’s algorithm adjusts its difficulty every 6 blocks instead of 2016 blocks (Bitcoin).
In ice, transaction fees are also significantly lower in BCH than in BTC.
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- Crypto users propose dropping lawsuit against Sam Bankman-Fried to pursue FTX influencersCointelegraph.com News – 8 minutes agoSubject to approval, the proposed settlement would resolve a civil suit between the former FTX CEO and users seeking recourse for losses during the fall…
- IRS releases draft of 2025 digital asset reporting form for US taxpayersCointelegraph.com News – 55 minutes agoThe U.S. Internal Revenue Service has been grappling with crypto tax reporting for years, and they may have a ways to go still. The United…
- Here’s how crypto game Notcoin onboarded over 30M users — founderCointelegraph.com News – 1 hour agoNotcoin co-creator Sasha Plotvinov said the goal was to bridge the gap between Telegram users and crypto. The viral clicker game Notcoin “just solved the…
- Here’s what happened in crypto todayCointelegraph.com News – 1 hour agoNeed to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3…
- Chainlink co-founder expects more coins to have ETFs — Token2049Cointelegraph.com News – 1 hour agoChainlink co-founder Sergey Nazarov believes the crypto space will “keep pushing the limits” of what’s possible. With the crypto space looking for the next narrative…
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+/- depends on market price. -
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