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What is bitcoin cash wikipedia

What is bitcoin cash wikipedia

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BITCOIN CASH EXPLAINED IN 60 SECONDS
Bitcoin Cash is a Bitcoin FORK, ostensibly to fix on-chain capacity. It is promoted as a solution to Bitcoin's scaling problem. Bitcoin Cash functions as peer-to-peer electronic "cash." It is a cryptocurrency hard-forked from the Bitcoin blockchain, meaning that Bitcoin Cash is a. Bitcoin ABC is a cryptocurrency created in It is the result of a software upgrade to the Bitcoin Cash (BCH) protocol that resulted in.

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calendar_month 15.04.2021

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As a result, one group continues to operate under the same rules, while the other branches off and generates a new blockchain with an updated software setup. Bitcoin Cash trades on digital currency exchanges using the Bitcoin Cash name and the BCH currency code for the cryptocurrency. Bitcoin Cash as of early June is trading at a fraction of the price of Bitcoin, but its volume is also much lower because it's not as in demand in the cryptocurrency market. As a result, one group continues to operate under the same rules, while the other branches off and generates a new blockchain with an updated software setup.