Bitcoin News
By Steven Anderson
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Bitcoin Cash (BCH) Inexpensive to Use
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At a time where nobody has time to wait for transactions to get confirmed, Bitcoin cash is making it possible for faster transactions to happen.
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Roger Ver tweeted: “Why do these HK vending machines accept BitcoinCash and #Ethereum but not Bitcoin?”
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On May 15, 2020, the Bitcoin Cash Network underwent the latest scheduled protocol upgrade. This is something that occurs every six months.
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Protocol upgrades are executed by way of a Hard Fork, which is essentially a mandatory software upgrade for miners running Bitcoin Cash full node.
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Hard forks are changes in Protocol rules, which calls nodes running old software to refuse blocks on mining running the new software.
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Many uneducated persons wrongly confuse hard forking with the process of splitting the blockchain, but this cannot be further from the truth.
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Bitcoin Cash split the BTC blockchain to free itself from hostile takeover in return to Bitcoin’s original Function as electronic cash.
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Bitcoin ABC has released the specification for the May 15 upgrade that introduces three consensus rule changes.
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Sydney Ifergan, the crypto expert, tweeted: “Bitcoin Cash (BCH) never ever pretends like nothing happened.
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The community has been contributing well in terms of technical expertise for the development of BCH.
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The infrastructure is getting better. DeFi is getting more exciting than plain old cash. More of new developers are needed to build out the ecosystem.
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Yet, there are some investors who have their own frustration related to how things are and how it could have been.
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