Bitcoin Clone Is Here… Bitcoin Cash

Bitcoin Cash

I believe that the next generation is of Cryptocurrency as they are easily transportable, little to zero transaction fees, no human intervention between payor and payee, high anonymity, and even functionality. Money evolves, like anything else, and the natural evolution of money is always as a store of value that is easier to move, more secure, and more private. Bitcoin Cash is the brand-new entrant in digital currency. It was created on August 1, 2017 through a “hard fork.” I.e. by the splitting of the bitcoin blockchain. A hard fork is when a digital currency splits into two separate currencies. In this case, the original bitcoin split into bitcoin cash as a means of dealing with disagreements in the community over how the technology behind the currency should run.Everyone who held bitcoin before the split was entitled to the same number of “bitcoin cash” tokens, effectively receiving a free dividend. The blockchain split is the culmination of a long-term scaling debate within the digital currency community. Before the split, only 1 megabyte of transactions could be processed at any one time, which led to delays. Thus literally Bitcoin will be basically unaffected by the creation of the new cryptocurrency. Continue reading “Bitcoin Clone Is Here… Bitcoin Cash”

BITCOIN, What is it actually???

bitcoin

As the Bitcoin is in news, Lets see what is it ?? Bitcoin is a digital currency also called crypto-currency which allows people to buy goods and services and exchange money without involving banks, credit card issuers or other third parties. Satoshi Nakamoto introduced the bitcoin protocol, publishing a paper via the Cryptography Mailing List in November 2008. But after all these years, he remain unknown. Whoever it is, it doesn’t matter, as invention had become more popular than inventor. Continue reading “BITCOIN, What is it actually???”