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What is Bitcoin Cash?

 

Bitcoin Cash (BCH / BCHSV): What It Is & Information


Finally, on August 1, 2017, bitcoin went through a hard fork that gave birth to Bitcoin Cash. We are not going to be telling you which side is right and which side is wrong, that is totally up to you but BitcoinCash definitely is not the real Bitcoin in our eyes but anyway choose on your own.


Bitcoin Cash is the version of Bitcoin in which the original properties of digital money still exist. To learn more about the original idea of Bitcoin, we recommend that all newcomers read at first the Bitcoin Whitepaper.


Bitcoin Cash is also the Bitcoin that was made to spend like Money and the Bitcoin Core is made as Store of Value like Gold. (Which is just n


As we said on the Top of this text everybody chooses on its own which is the real Bitcoin but the people that had Bitcoin when the Fork happened in August 2017 were also Credited 1:1 with Bitcoin Cash for every Bitcoin they were holding at this time. The future shines brightly with unrestricted growth, global adoption, permissionless innovation, and decentralized development.


All Bitcoin holders as of block 478558 are also owners of Bitcoin Cash.


Bitcoin Core developer and Blockstream CTO Adam Back is one of many “experts” who considers a slow, expensive network to be ideal just like Satoshi mentioned on BitcoinTalk in 2010 on the WikiLeaks drama.


Bitcoin Cash Technical Information:

Coin limit

21 Million

Algorithm

SHA-256

Mean block time

2.5 minutes

Difficulty retarget

Block 478558

Block reward details

Bitcoin Hardfork 2017

Initial reward

12,5 BCH

Current block reward

12,5 BCH

Block explorer

explorer.bitcoin.com/bch

Created by

Roger Ver

Creation date

August 1th, 2017



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