As a merchant one of your main goals is to be able to accept and process payments as quickly and seamlessly as possible so you can make your customers happy and receive payments without any headaches. Bitcoin Cash is the solution, as it has fast and low-cost transactions. As the world goes digital, electronic currencies such as Bitcoin are becoming the go-to method for paying online and in retail shops. Easily accept Bitcoin Cash directly or use third-party providers to accept Bitcoin Cash using their platforms and convert all or part of the sale into local fiat currency.
Bitcoin Cash (BCH) is hard fork (a community-activated update to the protocol or code) of Bitcoin that took effect on August 1st, 2017 that increased the block size to 8MB, to help the scale the underlying technology of Bitcoin.Nov 16th 2018: BCH was hard forked again and split into Bitcoin SV and Bitcoin ABC. Bitcoin ABC became the dominant chain and took over the BCH ticker as it had more hashpower and majority of the nodes in the network.
cryptocurrency VS blockchain
Bitcoin mining saps energy, costly, uses more power and also the reward delays. For mining, run software, get your wallet ready and be the first to solve a cryptographic problem and you get your reward after the new blocks have been added to the blockchain.Mining is said to be successful when all the transactions are recorded in the blockchain and the new blocks are added to the blockchain.
而 Jamal 是个不折不扣的理想主义者。他善良而执着，对 Latika 一直不肯放弃。 Salim 在火车上数钱的时候， Jamal 脑子里想的都是 Latika ，兄弟俩的人生观一目了然。演员 Dev Patel 现实中也是只有 18 岁，有人说 Jamal 看起来太单薄，跳起舞来都是长手长脚的。但是这有什么关系呢？外型虽然薄弱，意志却无比坚强。 开头被拷打时，胖警察报告审了他一夜，除了名字什么都没问出来——“ He’s a tough guy.” 他的长官说“ What the hell can a slumdog possibly know” 的时候，背后被电晕的 Jamal 吐了一口血：“ The answers.” 这个镜头，我印象非常深刻。 18 岁的 Jamal Malik 因为这种坚强而显得格外性感。如果说这部电影是个童话，那也一定是因为 Jamal 这种近似不可能的执着和坚持，而不是男女主人公的离奇爱情故事。选不出“ Truth Alone Triumphs.” 的 Jamal ，他的人生故事却是这句话的完美诠释。 如果 Salim 是那个社会的代表型人物， Jamal 就是印度人民的精神象征，这就解释了为什么 Jamal 的天真善良和理想主义是理所当然的，也解释了为什么 Jamal 赢大奖后人们都为他兴奋欢呼。
Bitcoin Cash was launched in August 2017, as a direct response to small block sizes on the Bitcoin code. 1MB block sizes were not meeting the demand of the growing community, so a group of dissatisfied crypto enthusiasts decided to create a ‘hard fork’ of the Bitcoin blockchain, with an increased 8MB block size. No one person currently takes credit for the token’s creation; rather it is attributed to a de-centralized group of developers.
There are two factions of bitcoin supporters, that support large blocks or small blocks. The Bitcoin Cash faction favors the use of its currency as a medium of exchange for commerce while the Bitcoin-supporting faction view bitcoin's primary use as that of a store of value. Some Bitcoin supporters like to call Bitcoin Cash “Bcash,” “Btrash,” or simply a scam, while Bitcoin Cash advocates insist that their implementation is the pure form of Bitcoin.
When people talk about the price of Bitcoin, they are referring to the current price at which Bitcoin is changing hands. Since Bitcoin is a purely speculative asset, this price is determined by how little sellers are willing to charge and how much buyers are willing to pay. Even then, the price of Bitcoin can vary across exchanges like Coinbase and Binance or currencies because of market inefficiencies
To keep the block generation time equal to ten minutes on average, both Bitcoin and Bitcoin Cash use an algorithm adjusting the mining difficulty parameter. This algorithm is called the difficulty adjustment algorithm (DAA). Originally, both Bitcoin and Bitcoin Cash used the same difficulty adjustment algorithm, adjusting the mining difficulty parameter every 2016 blocks. Since 1 August 2017, Bitcoin Cash also used an addition to the DAA, called an Emergency Difficulty Adjustment (EDA) algorithm. EDA was used alongside the original DAA and it was designed to decrease the mining difficulty of Bitcoin Cash by 20%, if the time difference between 6 successive blocks was greater than 12 hours.
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