Bitcoin Hard Fork

Important Information, Everything You need to know about Bitcoin Cash BCH, News of Bitcoin and Cryptocurrency Technologies.

Nonfiction, Computers, Application Software, Financial Applications, Business & Finance, Finance & Investing, Banks & Banking, Internet, Electronic Commerce
Cover of the book Bitcoin Hard Fork by Andru Istomin, Andrus Istomin
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Andru Istomin ISBN: 1230001977646
Publisher: Andrus Istomin Publication: October 26, 2017
Imprint: Language: English
Author: Andru Istomin
ISBN: 1230001977646
Publisher: Andrus Istomin
Publication: October 26, 2017
Imprint:
Language: English

** O**n August 1, 2017, the popular cryptocurrency, Bitcoin split into two derivative currencies, Bitcoin Cash (BCH) and Bitcoin Classic (BTC). The origin of the split can be tracked back to 2010. During that time, as a spam control measure, a one megabyte per 10 minutes limit was introduced. The mechanism worked smoothly because the value of Bitcoin was low and trading was limited.

** H**owever, once the popularity of the Bitcoin grown exponentially and become hugely popular, the one-megabyte limit started being a burden. Miners, users, and companies differ how to solve the problem. One side wanted the limit raised to match the growing demand of Bitcoin. Others argued that a rapidly growing Bitcoin will shift to corporate control and will get centralized.

** A**fter years of argument, the Bitcoin Cash advocates decided to create a split of the Bitcoin ledger and see how the market reacts. The original Bitcoin Classic hold onto it one-megabyte limit, while the Bitcoin Cash increased the limit to eight megabytes and introduced a new ticket system, BCC, also called BCH.

This book on Bitcoin Hard fork will give you all the necessary information you need to get familiar with Bitcoin split and Bcash.

 

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

** O**n August 1, 2017, the popular cryptocurrency, Bitcoin split into two derivative currencies, Bitcoin Cash (BCH) and Bitcoin Classic (BTC). The origin of the split can be tracked back to 2010. During that time, as a spam control measure, a one megabyte per 10 minutes limit was introduced. The mechanism worked smoothly because the value of Bitcoin was low and trading was limited.

** H**owever, once the popularity of the Bitcoin grown exponentially and become hugely popular, the one-megabyte limit started being a burden. Miners, users, and companies differ how to solve the problem. One side wanted the limit raised to match the growing demand of Bitcoin. Others argued that a rapidly growing Bitcoin will shift to corporate control and will get centralized.

** A**fter years of argument, the Bitcoin Cash advocates decided to create a split of the Bitcoin ledger and see how the market reacts. The original Bitcoin Classic hold onto it one-megabyte limit, while the Bitcoin Cash increased the limit to eight megabytes and introduced a new ticket system, BCC, also called BCH.

This book on Bitcoin Hard fork will give you all the necessary information you need to get familiar with Bitcoin split and Bcash.

 

More books from Electronic Commerce

Cover of the book Word of Mouse by Andru Istomin
Cover of the book Earning Through Cryptcurrency Airdrops, Bounties, Cloud Mining and Investment Websites by Andru Istomin
Cover of the book Make Money Playing Video Games by Andru Istomin
Cover of the book Google Adwords and Adsense Made Simple by Andru Istomin
Cover of the book Mercadotecnia en los Medios Sociales by Andru Istomin
Cover of the book Promoting Your Video Book Trailers by Andru Istomin
Cover of the book Email List Secrets: Discover The Step-By-Step Blueprint To Building a Thriving Email List and Increase Your Profits Starting Today! by Andru Istomin
Cover of the book Make Money With Your iPhone by Andru Istomin
Cover of the book 螢幕陷阱:行為經濟學家揭開筆電、平板、手機上的消費衝動與商業機會 by Andru Istomin
Cover of the book Hand Over Fist Money Makers by Andru Istomin
Cover of the book Make an Extra $1,000 a Month in Residual & Passive Income All In Your Spare Time in Less Than 180 Days! by Andru Istomin
Cover of the book 40 Rules for Internet Business by Andru Istomin
Cover of the book Blog dich reich by Andru Istomin
Cover of the book Don't Drop Ship! A Guide to Starting Your Own Drop Ship Business and Reasons Why You Probably Shouldn't by Andru Istomin
Cover of the book List Building Basics by Andru Istomin
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy