What is bitcoin cash?
Bitcoin cashes fork was released on August 1st, 2017 due to the ongoing argument within the bitcoin community of increasing the size of the block, which sprung this fork up as a way to upgrade bitcoins itself. The original developers saw the high transaction fees and the bitcoin network slowing down at its massive size, they immediately created bitcoin cash with an 8mb block which allows faster transactions and lowers fees which are intended to bring back merchants and businesses to bitcoin as a currency, not digital gold.In conclusion, my view of bitcoin as a perfect example of flagship technology in a new industry but when it stops catching up with the industry it dies. Bitcoin is a reliable coin and has brought us this amazing period of social and economic revolution but if it doesn't adapt and decide weather it wants to be an asset or a currency it will fade away to coins that already have decided what they need.period of social and economic revolution but if it doesn't adapt and decide weather it wants to be an asset or a currency it will fade away to coins that already have decided what they need to be.
help me continue to provide cryptocurrency news and information, donate to your choice of coin.
Bitcoin: 1KpgU1XupddSjQzSyvhKr2o7bVXgjfD9br
Litecoin: LTQ4zzVA6q5U3tcejrpGckqjhAq1tZBhuu
Ehterum: 0x951d43482da20B896fd67405311e6dd219Fe52C9
Thanks for the support!
Comments
Post a Comment