Bitcoin Cash - BCH

in bitcoincash •  7 years ago 


Capture.JPG
Source: https://cointelegraph.com/news/bitcoin-forks-into-two-new-era-dawns-for-bitcoin
Bitcoin in many ways is synonymous with cryptocurrency and it was the first of its kind when it arrived in the world in 2008.
Since the time Bitcoin has been in existence millions of transactions have been successfully conducted on its Blockchain. With the passage of time though Bitcoin transaction speeds had slowed down and it was akin to moving sludge along the pipes.
The slowdown in Bitcoin is the result of its own success as more and more people use the currency and conduct transactions. The very nature of Bitcoin is such that it requires thousands of miners to keep it functional and run Bitcoin software.
It is also necessary that big decisions such as solving the speed problem are made with the consensus of those that are involved in the running of Bitcoin.

bitcoincash bch bitcoin fork cryptocurrency
7 years ago by

Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

  • Disagreement on rewards
  • Fraud or plagiarism
  • Hate speech or trolling
  • Miscategorized content or spam

Submit
$0.03
  • Past Payouts $0.03
  • - Author $0.03
  • - Curators $0.00
2 votes
0
Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!