#bitconcash
bitconcash
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💥Bitcoin Cash (BCC)💥
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🗽It is a fork that split off from the original Bitcoin chain. It is similar to the Bitcoin chain in terms of its protocols: Proof-of-Work SHA-256 hashing, a supply of 21,000,000, the same block timing, and the same reward system.
However, the two main differences are the block size limits. In August 2017, the Bitcoin block size limit was 1 MB, while an 8 MB block size was proposed for (BCC)/BCH. Also, (BCC)/BCH adjusts difficulty every 6 blocks, unlike Bitcoin, which adjusts it every 2016 blocks.
🏛️Bitcoin Cash was proposed by the BTC mining pool collective and Bitmain’s adjustment group to carry out a user-activated hard fork (UAHF) on August 1 at 12:20 PM UTC. They rejected the agreed-upon consensus (the so-called BIP-91 or SegWit2x) and decided to fork away from the original Bitcoin chain and create this new version called “Bitcoin Cash”.
🎁 Bitcoin Cash coins can be claimed by BTC owners who have their own private keys or who store their Bitcoin on a service that will split (BCC)/BCH for the customer.
#BitconCash #BNBChainToActivatePasteurHardFork #SaudiPIFDiscloses154.1MSpaceXShares #SanDiskRises7%OnRevenueGrowthOutlook #USJulyRetailSalesFall0.6%
$BCH
$BTC
$XLM
🗽It is a fork that split off from the original Bitcoin chain. It is similar to the Bitcoin chain in terms of its protocols: Proof-of-Work SHA-256 hashing, a supply of 21,000,000, the same block timing, and the same reward system.
However, the two main differences are the block size limits. In August 2017, the Bitcoin block size limit was 1 MB, while an 8 MB block size was proposed for (BCC)/BCH. Also, (BCC)/BCH adjusts difficulty every 6 blocks, unlike Bitcoin, which adjusts it every 2016 blocks.
🏛️Bitcoin Cash was proposed by the BTC mining pool collective and Bitmain’s adjustment group to carry out a user-activated hard fork (UAHF) on August 1 at 12:20 PM UTC. They rejected the agreed-upon consensus (the so-called BIP-91 or SegWit2x) and decided to fork away from the original Bitcoin chain and create this new version called “Bitcoin Cash”.
🎁 Bitcoin Cash coins can be claimed by BTC owners who have their own private keys or who store their Bitcoin on a service that will split (BCC)/BCH for the customer.
#BitconCash #BNBChainToActivatePasteurHardFork #SaudiPIFDiscloses154.1MSpaceXShares #SanDiskRises7%OnRevenueGrowthOutlook #USJulyRetailSalesFall0.6%
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