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Bitcoin Cash

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Bitcoin Cash is a fork of Bitcoin​. It has several technological distinctions that are meant to enhance the usefulness of Cryptocurrency​. [2]

 

Technology

Bitcoin cash is a fork of the original bitcoin blockchain: It's a new software that has all the history of the old platform, but is made up of eight megabyte "blocks" instead of one megabyte blocks, making it faster.[2]

 

If you are not careful, you may accidentally expose your private keys while claiming your BCH. [5]

 

Financials

When the first block was mined, the price of Bitcoin Cash was trading at roughly $219 on digital currency exchange Kraken. There is a strong correlation between BTC prices and BCH prices. [1]

 

Roughly $40 million in volume was traded within the first 24 hours of BCH's release. The Market cap​ was an estimated $4 billion, making it the largest cryptocoin launch in Currency​. 

 

 

BitcoinCash is Bitcoin

There is an online movement which purports that Bitcoin Cash​ is the true Bitcoin​ and the vision of Satoshi Nakamoto​, the original author of the Bitcoin Whitepaper​. Roger Ver​ is one of the main proponents of this ideology. Many of these people believe there will be a so-called Flippening​ wherein the value of BCH would exceed BTC's value. 

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Created: 08/01/2017 10:15:59 PM UTC
Last Modified: 06/12/2018 06:47:58 PM UTC