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Bitcoin Cash BCH is a cryptocurrency. The change, called a hard fork , took effect on August 1, In May , bitcoin transactions were taking days to complete. Up until July , bitcoin users maintained a common set of rules for the cryptocurrency. Some members of the bitcoin community felt that adopting BIP 91 without increasing the block-size limit favored people who wanted to treat bitcoin as a digital investment rather than as a transactional currency. A stated goal of the fork was to increase the number of transactions its ledger can process by increasing the block size limit to eight megabytes.
Upon launch, Bitcoin Cash inherited the transaction history of the bitcoin cryptocurrency on that date, but all later transactions were separate. Block was the last common block and thus the first Bitcoin Cash block was Market cap appeared since A fix for these difficulty, hashrate, and profitability fluctuations was introduced on November 13, at 7: Bitcoin Cash has been adopted by digital currency exchanges.
Exchanges such as Coinbase ,  CEX. Bitstamp and Bitfinex temporarily used the name Bcash,   but after being criticized, they switched the name back to Bitcoin Cash. BCC is more commonly used as the ticker symbol for Bitconnect. Cryptocurrency wallets such as the Ledger hardware wallet,  KeepKey hardware wallet,  Electron Cash software wallet  and Bitcoin. Trezor hardware wallet supports Bitcoin Cash too.
They integrated Bitcoin Cash a few months after its fork. In December the Dream Market dark web marketplace allowed vendors to accept Bitcoin Cash for payments.
It was one of the first dark web sites to do so. Americans wondering whether their acquisition of Bitcoin Cash is taxable as income, or not taxable as a division of property, have received no guidance from the Internal Revenue Service. From Wikipedia, the free encyclopedia. Bitcoin Cash is the real Bitcoin and will have the bigger market cap, trade volume and user base in the future.
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