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
- Why is Cardano (ADA) price up this week?Cointelegraph.com News – 11 hours agoADA’s gains largely coincide with the conclusion of the fourth Cardano Summit, among other catalysts. Cardano (ADA) staged a solid rebound in the last 24…
- Crypto volatility may spike if US election is ‘too close to call’ —FalconXCointelegraph.com News – 13 hours agoAn analyst warns that “volatility” could emerge if the US election results are close, but traders will be relieved once it’s over, giving the market…
- Mutant Ape NFT ripoff creator to forfeit $1.4M, avoids prisonCointelegraph.com News – 13 hours agoMutant Ape Planet creator Aurelien Michel pleaded guilty to defrauding investors and avoided a prison sentence. The developer of the Mutant Ape Planet, a ripoff…
- SafePal launches Telegram crypto wallet with Visa card supportCointelegraph.com News – 14 hours agoSafePal’s new Mini Wallet App will enable 950 million Telegram users to create individually owned and compliant crypto-friendly Swiss bank accounts, the firm said. Self-custodial…
- Coinbase finds over '20 examples' of FDIC telling banks to avoid cryptoCointelegraph.com News – 15 hours agoCoinbase’s chief legal officer declares that the “contents are a shameful example of a government agency trying to cut off financial access to law-abiding American…
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