Microsoft had sold a number of simpler email products before, but the first release of Exchange (Exchange Server 4.0 in March 1996) was an entirely new X.400-based client–server groupware system with a single database store, which also supported X.500 directory services. The directory used by Exchange Server eventually became Microsoft's Active Directory service, an LDAP-compliant directory service which was integrated into Windows 2000 as the foundation of Windows Server domains.

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The split originated from what was described as a "civil war" in two competing bitcoin cash camps.[18][29] The first camp, supported by entrepreneur Roger Ver and Jihan Wu of Bitmain, promoted the software entitled Bitcoin ABC (short for Adjustable Blocksize Cap) which would maintain the block size at 32MB.[29] The second camp led by Craig Steven Wright and billionaire Calvin Ayre put forth a competing software version Bitcoin SV, short for "Bitcoin Satoshi's Vision," that would increase the block size limit to 128MB.[26][29]

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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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“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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The first version was called Exchange Server 4.0, to position it as the successor to the related Microsoft Mail 3.5. Exchange initially used the X.400 directory service but switched to Active Directory later. Until version 5.0 it came bundled with an email client called Microsoft Exchange Client. This was discontinued in favor of Microsoft Outlook.

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In November 2007, Microsoft released SP1 for Exchange Server 2007. This service pack includes an additional high-availability feature called SCR (Standby Continuous Replication). Unlike CCR, which requires that both servers belong to a Windows cluster typically residing in the same datacenter, SCR can replicate data to a non-clustered server, located in a separate datacenter. 

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With Exchange Server 2010, Microsoft introduced the concept of the Database Availability Group (DAG). A DAG contains Mailbox servers that become members of the DAG. Once a Mailbox server is a member of a DAG, the Mailbox Databases on that server can be copied to other members of the DAG. When a Mailbox server is added to a DAG, the Failover Clustering Windows role is installed on the server and all required clustering resources are created.

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