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Bitcoin Cash is a cryptocurrency. In mid the developers, not content with the Segregated Witness feature, implemented a change to the Bitcoin code.

The change, called a hard forktook effect on August 1, In MayBitcoin transactions took up to four days to complete. The delay and especially the fees made Bitcoin impractical for everyday use to make small purchases. Up until JulyBitcoin users maintained a common set of rules for the cryptocurrency. Some members of the Bitcoin community felt that adopting BIP 91 without increasing the block-size limit favored people who wanted to treat Bitcoin as a digital investment rather than as a transactional currency [10] [12] and devised a plan to increase the number of value bitcoin cash its ledger can process by increasing the block size limit to eight megabytes.

Upon launch, Value bitcoin cash Cash inherited the transaction history of the Bitcoin cryptocurrency on that date, but all later transactions were separate. Block was the last common block and thus the first separate Bitcoin Cash block was Bitcoin Value bitcoin cash cryptocurrency wallets started to reject Bitcoin blocks and Bitcoin transactions after One exchange started Bitcoin Cash futures trading at 0.

Market cap appeared since The launch of Bitcoin Cash has created an ideological divide over which chain is the true bitcoin. A fix for value bitcoin cash difficulty, hashrate, and value bitcoin cash fluctuations was value bitcoin cash on November 13, at 7: On May 15, the protocol was upgraded via a planned hard fork to increase the block size limit from 8 to 32 Megabytes [35].

By the end of August 1,Bitcoin Cash became the third largest cryptocurrency in terms of market capitalization. Bitcoin Cash has been adopted by digital currency exchanges. BCC is more commonly used as the ticker symbol for Bitconnect.

Cryptocurrency wallets such as the Ledger hardware wallet, [42] KeepKey hardware wallet, [43] Electron Cash software wallet [44] and Bitcoin. Value bitcoin cash Cash is also supported by the Trezor hardware wallet [46] [47] and the Blockchain. From Wikipedia, the free encyclopedia. The neutrality of this article is disputed. Relevant discussion may be found on the talk page. Please do not remove this message until conditions to do so are met. April Learn how and when to remove this template message.

What's in a Name? Retrieved 13 February Retrieved 20 April Retrieved 11 March Retrieved 22 January What, Exactly, Does That Mean? Retrieved 8 March Retrieved 2 April Retrieved 13 April The New York Times. Retrieved July 28, Retrieved July 29, Retrieved 19 December Retrieved 24 December Retrieved 18 April Retrieved 14 April Archived from the original on 8 August Bitcoin ABC - Home.

Everything You Need To Know". Retrieved 4 May Retrieved 27 July Retrieved 14 January Retrieved 18 December Retrieved 24 April Retrieved 14 March History Economics Legal status. List of bitcoin companies List of bitcoin organizations List of people in blockchain technology. Proof-of-authority Proof-of-space Proof-of-stake proof-of-work. Dogecoin Gulden Litecoin PotCoin.

Dash Decred Primecoin Auroracoin. IO Gridcoin Nxt Waves. Anonymous Internet banking Bitcoin network Complementary currency Crypto-anarchism Cryptocurrency exchange Digital currency Double-spending Electronic money Initial coin offering Airdrop Virtual currency.

Retrieved from " https: Bitcoin clients Bitcoin Cryptocurrencies Digital currencies establishments. Views Read Edit View history. In other projects Wikimedia Commons. This page was last value bitcoin cash on 23 Mayat By using this site, you agree to value bitcoin cash Terms of Use and Privacy Policy.

Unspent outputs of transactions [b]. Proof-of-work partial hash inversion.

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TNW uses cookies to personalize content and ads to make our site easier for you to use. In an announcement made last Friday, Antpool informed its users it recently began burning 12 percent of all BCH mining rewards. Solely out of the generosity of their heart and as a gratitude towards the investors who have been HODLing BCH — or so they are saying. Antpool explains on its website:.

While having active users spending BCH is very important for the ecosystem, having investors who hold BCH is also a fundamental requirement for maintaining a strong economy. We believe that they too should profit from the growth of BCH by their continued stake in the Bitcoin Cash ecosystem.

The transaction fees earned by miners are an important growth indicator of the BCH ecosystem, and if a portion of the fees are burnt, it is effectively miners sharing revenue with the entire BCH network. Outside of the BCH community, the efforts are being seen as an unjust attempt at manipulating the market. This is not the first time that Bitmain is being accused of unfairly using its influence to temper with the market.

Bitmain was involved in another controversy last month, when it became clear that its upcoming Antminer X3 ASIC mining rig specifically designed for privacy-oriented like Monero and Bytecoin might be useless by the time it starts shipping.

Indeed, a few weeks later Monero tweaked its Proof-of-Work protocol, effectively rendering the machines unsuitable for XMR mining. That said, the miners should still be compatible with other CryptoNight-based coins that is unless they update their hashing algorithms too. The attempts of Antpool to manipulate the market in this way are not be taken lightly. They highlight an important shortcoming of blockchain technology that has been a cause of worry since the beginning of cryptocurrencies.

While blockchain tech was designed to resist centralization and put control back into the hands of the masses, decentralized networks can still be dominated by large industry players that control the majority hash rate.

Published April 24, — April 24, — Antpool explains on its website: The efforts of Antpool appear to have made a positive impact on the BCH market. Neer Varshney April 24, —