ada $0.04303.25%ae $0.1741*2.28%bcd $0.4920*1.23%bch $239.503.83%bcn $0.0004*0.08%bnb $17.331*8.49%bsv $87.376*4.71%btc $8,605.14.06%btg $8.48484.96%btm $0.0590*5.67%bts $0.0293*2.35%dash $74.8193.11%dcr $17.130*0.76%dgb $0.009015.89%doge $0.00240.59%eos $3.25705.43%etc $4.88405.18%eth $192.266.35%gnt $0.0504*3.46%ltc $59.4323.41%icx $0.1753*0.93%iost $0.0052*2.38%lsk $0.90002.47%miota $0.2754*1.18%mkr $527.06*0.00%moac $0.2363*3.01%nano $0.7934*4.82%neo $7.73481.39%omg $0.9102*1.69%ont $0.6616*5.84%ppt $0.5900*1.72%qtum $1.85932.51%rep $8.51302.39%sc $0.0020*19.74%steem $0.1433*4.66%strat $0.3696*0.00%trx $0.01703.19%tusd $0.9982*0.10%usdt $1.00090.08%waves $0.96000.73%xem $0.04281.86%xlm $0.06333.02%xmr $56.6471.65%xrp $0.28162.89%xtz $0.9395*4.41%xvg $0.00350.00%zil $0.0061*2.19%zrx $0.25442.23%

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To keep the block generation time equal to ten minutes on average, both Bitcoin and Bitcoin Cash use an algorithm adjusting the mining difficulty parameter. This algorithm is called the difficulty adjustment algorithm (DAA). Originally, both Bitcoin and Bitcoin Cash used the same difficulty adjustment algorithm, adjusting the mining difficulty parameter every 2016 blocks. Since 1 August 2017, Bitcoin Cash also used an addition to the DAA, called an Emergency Difficulty Adjustment (EDA) algorithm. EDA was used alongside the original DAA and it was designed to decrease the mining difficulty of Bitcoin Cash by 20%, if the time difference between 6 successive blocks was greater than 12 hours.[36]

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Rising fees on the Bitcoin network contributed to a push by some in the community to create a hard fork to increase the blocksize.[11] This push came to a head in July 2017 when some members of the bitcoin community including Roger Ver 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.[12][13] This push by some to increase the block size met a resistance. Since its inception up to July 2017, Bitcoin users had maintained a common set of rules for the cryptocurrency.[12] Eventually, a group of bitcoin activists,[14] investors, entrepreneurs, developers[12] and largely China-based miners were unhappy with Bitcoin's proposed SegWit improvement plans meant to increase capacity and pushed forward alternative plans for a split which created Bitcoin Cash.[15] The proposed split included a plan to increase the number of transactions its ledger can process by increasing the block size limit to eight megabytes.[12][13]

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The would-be hard fork with an expanded block size limit was described by hardware manufacturer Bitmain in June 2017 as a "contingency plan" should the bitcoin community decide to fork; the first implementation of the software was proposed under the name Bitcoin ABC at a conference that month. In July 2017, the Bitcoin Cash name was proposed by mining pool ViaBTC. The change, called a fork, took effect on 1 August 2017. As a result, the bitcoin ledger called the blockchain and the cryptocurrency split in two.[16]

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ada $0.04303.25%ae $0.1741*2.28%bcd $0.4920*1.23%bch $239.503.83%bcn $0.0004*0.08%bnb $17.331*8.49%bsv $87.376*4.71%btc $8,605.14.06%btg $8.48484.96%btm $0.0590*5.67%bts $0.0293*2.35%dash $74.8193.11%dcr $17.130*0.76%dgb $0.009015.89%doge $0.00240.59%eos $3.25705.43%etc $4.88405.18%eth $192.266.35%gnt $0.0504*3.46%ltc $59.4323.41%icx $0.1753*0.93%iost $0.0052*2.38%lsk $0.90002.47%miota $0.2754*1.18%mkr $527.06*0.00%moac $0.2363*3.01%nano $0.7934*4.82%neo $7.73481.39%omg $0.9102*1.69%ont $0.6616*5.84%ppt $0.5900*1.72%qtum $1.85932.51%rep $8.51302.39%sc $0.0020*19.74%steem $0.1433*4.66%strat $0.3696*0.00%trx $0.01703.19%tusd $0.9982*0.10%usdt $1.00090.08%waves $0.96000.73%xem $0.04281.86%xlm $0.06333.02%xmr $56.6471.65%xrp $0.28162.89%xtz $0.9395*4.41%xvg $0.00350.00%zil $0.0061*2.19%zrx $0.25442.23%

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“The arguments have devolved over three or four years of bitter debate, the principles are real and they are important to preserve, but a lot of the drama has nothing to do with principles anymore. A lot of this debate is now more about hurt feelings. It’s about bruised egos. It’s about things that were said that can’t be unsaid, insults that were exchanged, and personalities and ego.”

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At the time of the software upgrade (also known as a fork) anyone owning bitcoin was also in possession of the same number of Bitcoin Cash units.[19][16] The technical difference between Bitcoin Cash and Bitcoin is that Bitcoin Cash allows larger blocks in its blockchain than Bitcoin, which in theory allows it to process more transactions per second.[20] Bitcoin Cash was the first of the Bitcoin forks, in which software-development teams modified the original Bitcoin computer code and released coins with “Bitcoin" in their names, with "the goal of creating money out of thin air."[21] In relation to Bitcoin it is characterized variously as a spin-off,[5] a strand,[22] a product of a hard fork,[23] an offshoot,[24] a clone,[15] a second version[14] or an altcoin. On 1 August 2017 Bitcoin Cash began trading at about $240, while bitcoin traded at about $2,700.[16]

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Bitcoincash is a peer-to-peer cryptocurrency in many regards similar to Bitcoin. Coins are created and transfered using an open source cryptographic protocol and are not managed by any central authority. Thanks to the adoption of Segregated Witness, and the Lightning Network, bitcoincash has some technical advantages over Bitcoin and other major cryptocurrencies. It is capable of handling a greater number of transactions in a given time and thus reducing potential bottlenecks, as seen with Bitcoin. Also, payment cost of bitcoincash is nearly zero and it’s payment speed is approximately four times greater than that of Bitcoin.

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