Bitcoin cash history summary

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I researched about the history of Bitcoin Cash and this is what I found

Bitcoin Cash (BCH) is an upgraded version of the Bitcoin software . It was released on August 1st, 2017.

Why Bitcoin cas created ?

Bitcoin cashw as created to bring back the essential qualities of money inherenr in original Bitcoin software.over the years these qualities were filtered out of Bitcoin and progress was stifled by various people, organization,and companies involved in Bitcoin protocol development.

Bitcoin was design to target 6 blocks per hour, or one every ten minutes.years ago, an artificial limit to the side of blocks was added to the Bitcoin code to prevent a possible attack vector where a mas number of transactions could weaken the network.at the time transaction were free to make so an attacker could send a huge number o transaction beetwen his own wallets, forcing eveyone else in the network to download and store large amounts of data .

To describe how the block size limit affects the speed and cost of transactions on the block chain, let us use the following example ; it's Saturday night and you're about to visit hottest club in town , before this club become a big deal, it was a small locat joint with a cool coward, good music and reasonably priced drinks in a small venue .

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Comments

Have BCH for more than 4 years and you will be rich beyond the imagination of your friends!

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4 years ago

Nicely described. Very informatica article. Thanks for this article.

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4 years ago

Always good to have some background on BCH for the newbies. Thanks keep writing more related articles.

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4 years ago

I do not read anything about why Bitcoin was created. You describe how it is created. There is not added one single line of what you discovered during your search. Something special or interesting, something the readers didn't know yet. It would do this article good because it is not very exciting to read about how many blocks an hour or year.

I have strong doubts you know what you are talking about. The story goes nowhere. If I am wrong I like to hear your thoughts. What is it exactly you want to tell the readers?

I advise you to edit this too. Reread before you publish and edit after you did. Show you care about what you publish. The app Grammarly can give you a hand too.

Good luck. 💕

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4 years ago

bitcon cash is really great...it is the easiest way to make money during these lockdown period...good job and stay connected

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4 years ago