What is Bitcoin Cash (BCH)?
Bitcoin Cash (BCH) is an upgraded version of the Bitcoin Core software. It aims to increase the size of the block which allows more transactions to be processed. The symbol of Bitcoin Cash is BCH. Bitcoin Cash is staying clear of Segwit, whereas the original blockchain pushes on toward increasing the implementation of Segwit.
Bitcoin Cash (BCH): History
Bitcoin Cash saw its birth on 1 August 2017 initiated by James Hillard as a brand of new – cryptocurrency. It is also referred as Bcash (BCH). Bitcoin Cash was created to bring back the essential qualities of money inherent in the original Bitcoin software. The Bitcoin Cash name was initially proposed by Chinese mining pool Via BTC. Bitcoin Cash inherited the transaction history of the bitcoin cryptocurrency on that date, but all following transactions were separate. Block 478558 was the last common block, and thus the first Bitcoin Cash block was 478559.
How to buy Bitcoin Cash (BCH)?
Bitcoin Cash is a cryptocurrency that’s focused on transaction capacity. First, you have to get a bitcoin cash wallet. Hardware wallets that support Bitcoin Cash include industry leaders Ledger and Trezor. There are a variety of software wallets like Exodus, provides a seamless shapeshift service with its software so that you can move your currency at will. Other wallets include Keep key, BTC.com, Bitpay, and Coinomi. Go to exchange and make your Bitcoin Cash safe. The candidates can use the exchanges like Coinbase, eToro etc…
Features of Bitcoin Cash (BCH)
Bitcoin Cash follows the Nakamoto roadmap of global adoption with on-chain scaling. As a first step, the block size limit has been made adjustable, with an increased default of 8MB. A new SigHash type provides replay protection, improved hardware wallet security, and elimination of the quadratic hashing problem. Responsive Proof-of-Work difficulty adjustment allows miners to migrate from the legacy Bitcoin chain as desired while protecting against hash rate fluctuations.
Bitcoin Cash (BCH) Price Prediction 2018
Bitcoin Cash has seen its craze in cryptocurrency markets since its launch in August. However, at first, Bitcoin Cash wasn’t introduced as another altcoin. It was introduced as a hard fork of Bitcoin. But as time went on, people understand how the nature of BCH is different from Bitcoin. The adoption of BCH debit card payment processors like Bitwala makes it unique in the crypto market world. Bitcoin Cash transaction processing method is faster and more affordable for BTC users, too. All this leads to believe that BCH has that potential to lead the market in 2018. The price of Bitcoin cash today is 2398.68 USD. It has marked its market cap value as $40,524,289,376 and a volume of $4,601,920,000. One of the most famous Bitcoin bulls, Ronnie Moas, raised his forecast for Bitcoin price in 2018 from $11,000 to $14,000. However, the general figures of Bitcoin Cash Price Prediction stand at around $2,500 to $3,500 by mid-2018, with possible growth as the year progresses. Bitcoin cash news, Bitcoin cash price, Bitcoin cash History, bitcoin cash exchange, bitcoin cash price chart, bitcoin cash wallets, bitcoin cash exchange