5 C
Antwerp
19 November, 2018

About Bitcoin Cash

Bitcoin Cash (BCH) is a hard forked version of the Bitcoin (Core).
Bitcoin Cash is similar to bitcoin with respect to the protocol; Proof of Work SHA-256 hash, 21,000,000 coins, the same block times and reward system.

However, two big differences are the size of the blocks, from August 2017 Bitcoin has a block of 1 MB, while Bitcoin Cash has 8 MB blocks. Bitcoin Cash will also adjust the difficulty level every 6 blocks, unlike Bitcoin, which adjusts the difficulty level every 2016 blocks.

Bitcoin Cash was a proposal from the “ViaBTC” mining pool and the “Bitmain” mining group to implement a UAHF (User Activated Hard Fork) on August 1, 2017 – 12:20 pm UTC.
They rejected the agreed consensus (also known as BIP-91 or SegWit2x) and decided to say goodbye to the original Bitcoin blockchain and create “Bitcoin Cash” (BCH).

All Bitcoin owners can claim their Bitcoin Cash if they have the private keys or if they use an online wallet that offers this possibility to users.

Technical information

Start Date 1 August 2017, (appr. 8 months)
Hashing Algorithm SHA-256
Hash Rate 920 PH/s
Block Time 10.0 Minutes
Homepage https://www.bitcoincash.org/
Blockchain / Supply https://blockchair.com/bitcoin-cash/blocks
Discussion Forum https://bitco.in/forum/forums/bitcoin-abc.25/
Availability / Total Supply 17.1 Million / 21 Million

Google trends Bitcoin Cash

Actual coin data

Price history

Trades (Live)

49FansLike
13FollowersFollow
103FollowersFollow

Coinbase Opens Its Doors to an Array of Altcoins

Coinbase, a traditionally timid exchange when it comes to listing cryptocurrencies, has dramatically changed its stance. The California-headquartered ...

UN Food Program to Expand Blockchain Testing to African Supply Chain

The United Nations World Food Programme (WFP) is expanding its blockchain testing from refugee aid in the Middle East to supply chain management ...

Crypto Cooldown: Iceland’s Bitcoin Miners Turn to Blockchain Enterprise

Iceland has long been a prominent hub of bitcoin mining due to 98% of its electricity coming from renewable geothermal energy and a cold climate favoring ...

Google Bringing Back Crypto Ads in US and Japan

Google has announced that regulated cryptocurrency exchanges will be allowed to advertise on its platforms in the United States and Japan starting in ...

Malta: President’s Trust Partners With Blockchain Charity Foundation

A recent event hosted by the Blockchain Charity Foundation saw The President’s Trust speak about the positive implications that blockchain technology has ...
USD - United States Dollar
EUR
1.15
GBP
1.29
CHF
1.01
NOK
0.12
JPY
0.01
CAD
0.76
AUD
0.73