What 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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- r/Bitcoincash
- Crypto groups slam Citadel for urging tighter DeFi tokenization rulesCointelegraph.com News – 6 hours agoThe DeFi Education Fund has led a rebuttal to Citadel Securities’ call for the SEC to bring DeFi platforms under securities laws if dealing in…
- Stablecoin giant Tether makes $1B bid to buy Juventus FCCointelegraph.com News – 10 hours agoTether says it will buy the controlling stake Exor has in Juventus, along with all remaining shares, an offer Exor has reportedly rebuffed. Crypto stablecoin…
- Tokenization benefits ‘light at first,’ but will expand if democratized: NYDIGCointelegraph.com News – 12 hours agoRegulations must evolve for tokenized real-world assets to be better integrated with DeFi, so their immediate benefit won’t be significant, says NYDIG’s Greg Cipolaro. The…
- SOL struggles as Solana TVL slides and memecoin demand fadesCointelegraph.com News – 13 hours agoSOL demand cools as its total value locked drops by $10 billion and memecoin trading slumps. Traders’ lack of appetite for long leverage could further…
- Senior Vanguard analyst says Bitcoin is no better than a plush toyCointelegraph.com News – 13 hours agoThe comments followed the asset management company’s policy change allowing its clients to trade crypto exchange-traded funds. Bitcoin is a purely speculative asset and is…
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