Bitcoin</b> Cash</b> (BCH) is a hard forked version of the original Bitcoin</b>. It is similar to bitcoin with regards to its protocol; Proof of Work SHA-256 hashing, 21,000,000 supply, same block times and reward system. However two main differences are the the blocksize limits, as of August 2017 Bitcoin</b> has a 1MB blocksize limit whereas BCH proposes 8MB blocks. Also BCH will adjust the difficulty every 6 blocks as opposed to 2016 blocks as with Bitcoin</b>.</p>
Bitcoin</b> Cash</b> is a proposal from the viaBTC mining pool and the Bitmain mining group to carry out a UAHF (User Activated Hard Fork) on August 1st 12:20 pm UTC. They rejected the agreed consensus (aka BIP-91 or SegWit2x) and have decided to fork the original Bitcoin</b> blockchain and create this new version called “Bitcoin</b> Cash</b>”. Bitcoin</b> Cash</b> can be claimed by BTC owners who have their private keys or store their Bitcoin</b>s on a service that will split BCH for the customer.</p>
Time to mine a block | 600.0 |