Bitcoin Cash (BCH)
Price, Value, Chart, and News
Bitcoin Cash Price: $147.82 0.30%
What is Bitcoin Cash?
Bitcoin Cash (BCC)/BCH is a difficult forked version of the original Bitcoin. It's similar to bitcoin with respect to its own protocol; Proof of 21,000,000 supply Work SHA-256 hashing , same block times and reward method. However, two main differences are the block size limits, as of August 2017 Bitcoin has a 1MB block size limit whereas (BCC)/BCH suggests 8MB blocks. Additionally, (BCC)/ / BCH will adjust the issue every 6 blocks as opposed to 2016 blocks as with Bitcoin.
Bitcoin Cash is a proposition from the via BTC mining pool along with the Bitmain mining team to carry out a UAHF (User Activated Hard Fork) on August 1st 12:20 pm UTC. They rejected the agreed consensus (aka BIP-91 or even SegWit2x) and have decided to fork out the original Bitcoin blockchain and make this new version known as? Bitcoin Cash? . Bitcoin Cash could be maintained by BTC owners who have their private keys or shop their Bitcoins on a service which will split (BCC)/BCH for your client.
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