Learn more about Bitcoin Cash

Bitcoin Cash as a penultimate is a Bitcoin Hard Fork created in August of this year. The reason for the creation of the currency was the consensus among a group of members of the Bitcoin community to create a new block size protocol. Bitcoin ranks fourth among the most valuable digital currencies.

What is Hardcore: (Simply put, a change in Chinese block rules is not compatible with older versions, so older versions cannot run on the network. So you will have to update your version to use the new updates, Otherwise, your network activity will not be possible. For example, suppose you cannot run a text file built into the word در program in the word program because the structure of this program has changed in general. Hard forks always cause The birth of a new queen will not happen, if there is disagreement with And a large number of users still want to work on the old version, we will see a new China block and a new coin.)

Since the introduction of Bitcoin to date, the speed and payload of transactions in this most important digital world of the Ramsar is one of the most challenging discussions in this domain, as the Bitcoin network cannot process more than seven transactions per second, making this Ramsar usable. In order to solve this issue, a hard drive was created in the main Bitcoin network, which led to the emergence of Bitcoin Cash.

Bitcoin Cash

Bitcoin is a digital currency that has introduced itself to the world as <peer-to-peer electronic cash> just as it was in the title of the Bitcoin Initial Report. Cash in English It means cash. In other words, bitcoin wants to be bitcoin that can be used as money by increasing the speed of transactions.

The problem of scalability, or the problem of slowness, and the increase in transaction fees over time that we see in Bitcoin can be the main driving force behind a discord in the Bitcoin community and the creation of this currency. It is 1 MB, allowing for more transactions to be processed.

Bitcoin Cash itself was forked in November 2008 and split into two forms: Bitcoin Cash ABC and Bitcoin SV.

Proponents of bitcoin believe that this digital currency is pursuing the core goals of bitcoin. According to Satoshi Nakamoto, the anonymous creator of Bitcoin, Satoshi Nakamoto's plan was to make Bitcoin digital currency peer-to-peer for daily use.

In bitcoin rules, the size of blocks is limited to 2 MB. That is, it can be said that each block in Bitcoin has a maximum of about 2.5 transactions. Since a block is created every ten minutes, so the bitcoin network cannot process more than 2 transactions per second.

A group of Bitcoin community members sought to improve the status quo by proposing to increase the block size to 8MB. As the block size increases, the Bitcoin China Block will be able to process more transactions.

The average number of transactions per block of bitcoin is between 0.8 and 0.8. However, during an experiment on the Bitcoin China Block in September 2008, each block of China was able to record more than 2.5 transactions.

Bitcoin, like Bitcoin, has its own China block, and its consensus algorithm is proof of work or mining. This means that bitcoin transactions are approved by all members of the network and then blocked by the miners.

Since bitcoin was separated from bitcoin as a result of a hard drive, it can be seen that their transaction history and database are similar. So it takes about 5 minutes on average to create a block in China Bitcoin block and its block reward is BCH 1.2.

At present, 3.5 bits of bitcoin is extracted or produced every 2 minutes. Extraction bonuses on the Bitcoin network such as Bitcoin will be halved almost every six years.

The time needed to calculate and create a new block in bitcoin, like bitcoin, is affected by a parameter called extraction hardness. If the computing power of the miners is increased, the time required to create a block can be kept constant by increasing the extraction hardness.

Bitcoin and Bitcoin use an algorithm to adjust the stiffness parameter, called DDA, to maintain the average 5-minute block generation time. Based on this algorithm, the hardness parameter is modified after extracting every 5 blocks (approximately 6 weeks).

Bitcoin is also known as <coffee queen> meaning <coffee coin> because it can be used to make routine payments (which is often the case among people around the world). Bitcoin is considered a safe and fast way to pay.

Yet Queen Cash offers its users the ability to create anyone on the BCH network using the Simple Office Protocol (SLP) and Wormhole-launched. SLP is a project that enables token creation, purchase and management on the China Bitcoin blockchain within just a few seconds at a very low cost. Maybe building and distributing tokens on the Chinese blockchain bitcoin is simple and maybe a bit fun, but what's important is adding value to those tokens. The total number of bitcoin units is limited to 1 million units, which is currently available on the network, with a total of 4.1.1. Bitcoin is one of the digital currencies that almost all major and reputable currency exchanges support. You can also convert it to bitcoin by buying Ethereum and Bitcoin from domestic currency exchanges and transferring it to internationally accredited currency exchanges, given the currency pairs available for these digital currencies.