How BitcoinCash Started?

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1 year ago

Bitcoin Cash was created in August 2017, when a group of Bitcoin developers split off from the original Bitcoin blockchain and created a new version of the Bitcoin software. This new version of the software increased the block size limit from 1MB to 8MB, allowing for more transactions to be processed on the Bitcoin Cash blockchain. The split was initiated by a controversial hard fork, which essentially split the existing blockchain into two different versions. This hard fork was necessary to prevent a block size limit from severely limiting the scalability of Bitcoin. Bitcoin Cash is now the fourth-largest cryptocurrency by market capitalization.

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