@Adnan334 7 October 2020 more from that month

Why Bitcoin Cash Was Born?

To find the answer to this question, we go back to the time of 05. At this stage, Bitcoin was trading above 8,000 XNUMX per BTC. With that will come the rapid development of the bitcoin network. But that rapid development has made the Bitcoin development community realize a crucial weakness that prevents Bitcoin from becoming a peer-to-peer currency. This is the block size of Bitcoin (1MB). It's so toBut that rapid development has made the Bitcoin development community realize a crucial weakness that prevents Bitcoin from becoming a peer-to-peer currency. This is the block size of Bitcoin (1MB). It is so small that processing time and transaction fees have multiplied. To address this issue, the community offers two options: Bitcoin Unlimited (BU) and Segregated Certification (Seguit). Inside: Bitcoin Unlimited (BU) This solution will remove Bitcoin's root block size limit (1MB). Blockgu of any size instead of mineBitcoin Unlimited (BU) and Segregated Certification (Seguit). Inside: Bitcoin Unlimited (BU) This solution will remove Bitcoin's root block size limit (1MB). Blocks of any size instead of minerals are allowed to choose the process of activating them efficiently. This raises concerns that decentralization of bitcoin could be threatened if control of the network falls into the hands of large mining corporations. SegWit Segvit is a solution to increase the size of the core block of Bitcoin by removing the signature information from the Bitcoin transaction. This enables the block size of Bitcoin to hold four times more data than the original. This means increasing the block size from 4MB to 1MB. However, some members of the Bitcoin community feel that Segwit is only a temporary solution, delaying, not solving the root problem. Therefore, they have decided to announce Bitcoin blockchain Hard Fork in two branches. Bitcoin Cash Opening With the support of Roger Verr and Jihan Weir, the split took place successfully on the block on August 01, 2017. Bitcoin holders in 478,558 blocks will receive a 1: 1 ratio of BCH. At that time the circulation was 16.5 million BTC. This means that after the hard fork succeeds, about 16.5 million BCH will be circulated in the market.