Bitcoin News 1 August 2017 – Bitcoin Hard Forks, Bitcoin Cash Created

  Today is a momentous day for Bitcoin – the day that the UASF, User Activated Soft Fork, activated. The Bitcoin price almost touched $3000 but dropped down around $2700 a little later. The Bitcoin hard fork, MAHF, Miner Activated Hard Fork, occurred at 12:20 UTC – miners that are mining Bitcoin Cash created a transaction block greater than 1 MB in size and forked the Bitcoin network – the creation of Bitcoin Cash.   Bitcoin.com reported “This past March Bitcoin.com launched its mining pool which has garnered quite a…

Read More

What is Bitcoin Cash – BCH?

What is Bitcoin Cash?  Bitcoin History was made on 1 August 2017 – The Bitcoin Blockchain underwent a User Activated Hard Fork (UAHF) creating two cryptocurrencies – Bitcoin and Bitcoin Cash.       This was the announcement of Bitcoin Cash – Peer-to-Peer Electronic cash with a statement that “We the People will breathe new life into Bitcoin”   The history of Bitcoin Cash… how did it all begin?       In October 2008, Satoshi Nakamoto published the famous whitepaper entitled “Bitcoin: A Peer to Peer Electronic Cash System”. In…

Read More