Bitcoin Cash


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Bitcoin Cash

In 2017, Bitcoin spawned a new cryptocurrency that would support much higher transaction volume than Bitcoin. The Bitcoin Cash block size is 8MB compared with Bitcoin's 1MB. On August 1, 2017, bitcoin holders received one unit of Bitcoin Cash (BCC or BCH) for every bitcoin they owned, and BCC rose to nearly USD $700 the next day. Within two weeks, it dropped to $300, but then more than quadrupled later in the year. By the end of 2018, Bitcoin Cash was around $200.

The Original Bitcoin Was Also Improved
Only a week after Bitcoin Cash debuted, a consortium of Bitcoin miners approved the Segregated Witness upgrade that made the original Bitcoin more efficient (see SegWit). Needless to say, both Bitcoin and Bitcoin Cash have had wild rides. See Bitcoin Gold, Bitcoin mining and Bitcoin.
References in periodicals archive ?
* Bitcoin Cash is approaching a symmetrical triangle breakout.
The 200-plus strong network of cryptocurrency ATMs enables users to buy and sell Bitcoin, Litecoin, Ethereum and Bitcoin Cash instantly at hundreds of locations across the United States.
Gross margin as a percent of mining revenues improved significantly to 35% from (5%), sequentially, in the second quarter due primarily to higher average cryptocurrency prices as bitcoin, bitcoin cash, and litecoin gained 92%, 122%, and 158% relative to Q1/19 averages.
The cryptocurrency exchange Coinbase, for example, did not support Bitcoin Cash when it originally forked in August 2017, but did add it to accounts for rightful holders later that year.
"It was important to us to continue to offer Bitcoin and Bitcoin Cash to our customers and we can do that through BitPay."
Among the first cryptocurrencies that PDAX will list on its platform are Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Bitcoin Cash (BCH), and Litecoin (LTC).
Bitcoin, Ethereum, XRP and Bitcoin Cash have a market cap of at least $10 billion, with Bitcoin enjoying a $110.7 billion value, which is almost half of the entire market.
BitHope's crowdfunding platform now accepts Bitcoin Cash (BCH) for donations on its platform.
DISH announced it has added Bitcoin Cash as a payment option and is now using BitPay, the largest global blockchain payments provider, as the payment processor for Bitcoin and Bitcoin Cash transactions with customers.
He said to pay for products via bitcoins several options exist, customer can choose to have a bitcoin cash wallet ndash an app that lets you receive, hold, and spend bitcoin cash, a good example is the BitPay bitcoin wallet app.
The new feature on the platform is currently built to support six major crypto assets - Bitcoin (BTC), Bitcoin Cash (BCH), Bitcoin Gold (BTG), Litecoin (LTC), Ethereum (ETH), and Ripple (XRP).
Denarii.Cash is in the process of activating more coins and they look forward to add binance, bitcoin cash as well as litecoin, ripple and stellar to their wallet.