The bitcoin cash price
Is $111.97 a change off -1.26% over tha past 24hour off 6:42p.m the recent price action is bitcoin cash left the token market at capitalization at$2138871 .340.89 USD so far these year bitcoin cash has a change off -71.87% bitcoin cash is classified as a cryptocurrency under coin desk bet idaiol asset classification under
#bitcion#is nativecryptocruncy which is spinoff off the black chain off
That is design to more stable cheaper and faster to use an electronic cash system that bitcoin after bitcoin opted
Smoothly for several year
A number off developers working on the original bitcoin protocol felt the was from the founder stoshi nakamotos vision off the what the cryptocurrency was the supposed tobbe namely a cheap
Decendtrlize payments system internal conflicts reached a park in #2017
When the blockchain spilit in to tow and bitcoin cash emerg8 and spilt blockchain
BCH PRICE
Bch was officially launched in august 2017 and was distributed to bitcoin holder at a ratio off 1.1 meaning each bitcoin holder was entitled to receive one BHC token for each bitcoin he or she held because bitcoin cash share the same blockchain as bitcoin share until the hard work (a major change to network protocol ) the two cryptocurrency has similar characteristics as with bitcoin .the total supply cryptocurrency Per block
Bitcoin cash can sport 25000 per block compare with bitcoin 1000 to 1500 per block
In December 2017 bch price head at all time high of #4355.62 but it lost 80% off it val6 over next sit month as the vider cryptocurrency market experience prolong bear market
Bch price remains under $600 for more than two year until January 2021 when a new blue scalessh began the token for the bitcoin project manage to price 410% to speak off 1636$ in my 2021 however ,bch price fell 75% to $40
How does bitcoin cash work?
Bitcoin cash user send and receive bch on the block chain by inputting the public key information attached to each person Digital wallet
BHC USES
The proof off work consenc in the participation known as minor complaint again each other using specialised computer ecommerce to be the first discover new block
Bit6 also uses the
Same SHA 256 hashing algorithms as bitcoin these essentially refer to the method off taking data and turning it into the digital fingerprint one off the thing that make bitcoin cash deferential but bitcoin it as ,,directly adgestment .... for block mining it order to insure that block or bing mine consently are
The bitcoin software adjust the defuctly software mining for every 20,16 block mine...bitcoin cash instead adjust it defuctly every 10 minute to reflect the amount off computing power on the network
KEY EVEN6 AN6 MANAGEMENT.....
Bitcoin can was born disagreements to the comunity over it ability to the scale when stoshi Anamoto developed to the bitcoin network he limited bitcoin block size one megabyte to prevent people was spamming the network nakamoto limited bitcoin ability to scale
The solve scale issue developer voter wiuwlw proposed solutions known segregated use witnessed (,,,segwat) ....in short seat is a proces tha increase the capacity off blockchain s without change the limit size the transmission site limit is stored members has deferred waive (,,,segawit..) impect amid the back forth