Bitcoin News
By Sydney TheCMO
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BCH factors that need special mention
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BCH magnifies great ethos of BTC
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Bitcoin Cash is borne out of a Bitcoin hard fork that happened in August 1, 2017. The main proposition of the hard fork was to enhance block size so that the network can handle…
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One of the leading figures from the Bitcoin community who worked towards the BCH hard fork is Roger Vera a.k.a. Bitcoin Jesus.
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Ver probably did the right thing by demanding for BCH as otherwise we would have got probably stuck to sloth transactions that would have become further slower over time.
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The BCH community has not stopped with 8 MB block size. Rather, Ver and his BCH fellowmen has enhanced the block size further to 32 MB to improve the capacity of the coin.
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Transactions are usually seen by the network very quickly if you are online (so, the person you are sending the amount to knows funds are coming).
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BCH transfer fees are just 0.0002 USD per transaction. In regards to Bitcoin, it’s a much higher 1 USD.
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Last year in September BCH protocol miners created record by processing a whooping 2.2 mn transactions in just 24 hours.
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At present Bitcoin Cash is the 5th largest cryptocurrency in the world and the coin is here to stay. I have full faith in Roger Ver and his projections about BCH.
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A lot of people who feel that BitcoinCash is taking away the spotlight from BTC don’t understand one basic fact- BCH was forked out to relive the original principles of Bitcoin.
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Adress: bitcoincash:qzyhcrnqaec8mdrhm2hyr5njfdhwvzrpqgwavsw6mv
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