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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.
The split originated from what was described as a "civil war" in two competing bitcoin cash camps. The first camp, supported by entrepreneur Roger Ver and Jihan Wu of Bitmain, promoted the software entitled Bitcoin ABC (short for Adjustable Blocksize Cap) which would maintain the block size at 32MB. The second camp led by Craig Steven Wright and billionaire Calvin Ayre put forth a competing software version Bitcoin SV, short for "Bitcoin Satoshi's Vision," that would increase the block size limit to 128MB.
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.
Both Bitcoin as well as Bitcoin Cash use a proof-of-work algorithm to timestamp every new block. The proof of work algorithm used is the same in both cases. It can be described as a partial inversion of a hash function. Additionally, both Bitcoin and Bitcoin Cash target a new block to be generated every ten minutes on average. The time needed to calculate a new block is influenced by a parameter called the mining difficulty. If the total amount of mining power increases, an increase of the mining difficulty can keep the block time roughly constant. Vice versa, if the mining power decreases, a decrease of the mining difficulty can keep the block time roughly constant.
With the largest variety of markets and the biggest value - having reached a peak of 18 billion USD - Bitcoin is here to stay. As with any new invention, there can be improvements or flaws in the initial model however the community and a team of dedicated developers are pushing to overcome any obstacle they come across. It is also the most traded cryptocurrency and one of the main entry points for all the other cryptocurrencies. The price is as unstable as always and it can go up or down by 10%-20% in a single day.
每一个细节都能反映很多事情，正如社会本身。 Truth alone triumphs ，还是 money, fashion, 或是 lies ？ Jamal 回答不了。他没有受过教育，没有被灌输过所谓的 National motto 。如果根据他的亲身经历去理解，他真的不知道这些东西究竟那个是王道。有钱的黑社会老大、著名的男演员、装成善人却弄瞎小孩子的乞讨集团首领都混得不错， truth 在哪里？当审问他的警官说“我五岁的女儿都会回答这道题”的时候， Jamal 问了他两个问题，贫民窟 5 岁小孩都能回答的问题，警官却答不出。这就是贫富阶级的差别，受教育不同、吃的东西不同，去的地方也不同…… 开篇警官审问 Jamal 的镜头，让我们想起与伊拉克有关的各种虐待和拷问。警官说“外面还有许多强盗、强奸犯、诈骗犯、勒索犯等我去抓，你快招了吧，省省咱俩的时间”，可是我们自始至终只看到警察追赶在私人土地上玩耍的穷孩子，殴打在泰姬陵揽客的孤儿，以及无视被纵火的穆斯林教徒、一心在车里打牌。我们还看到白色轿车穿梭在狭窄胡同的穷人堆里的，烧成废墟的贫民窟和孟买城中拔地而起的高楼。只要用心，我们能看到的太多了。整个印度的社会风貌都展现在我们面前，一个 Latika 算什么。只看到爱情故事的人，是选择性失明而已。
So, Reppo. You wanted to talk-the-tech if my instincts are correct? Friends and I are designing a 8 layers stack module based off the Avalon's A3255 55nm mining chip with a fpga/firmware (source borrowed). This incorporate the full trading bot machine learning and TA indicator accelerators, and of course a crypto wallet secured by a custom AVR. We're down to 1.694AMP per hashboard (14chips each x 5 =70).
Derivatives exchange giant CME Group expects its upcoming bitcoin options to be popular with Asian cryptocurrency traders and miners. The exchange is hopeful that the options contracts will be as popular as bitcoin futures, which drive most demand (over 50% of trading volume) from Asian and European traders, Tim McCourt, global head of equity index […] The post CME expects big demand for its upcoming bitcoin options from Asian traders and miners appeared first on The Block.
Rising fees on the Bitcoin network contributed to a push by some in the community to create a hard fork to increase the blocksize. This push came to a head in July 2017 when some members of the bitcoin community including Roger Ver 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. This push by some to increase the block size met a resistance. Since its inception up to July 2017, Bitcoin users had maintained a common set of rules for the cryptocurrency. Eventually, a group of bitcoin activists, investors, entrepreneurs, developers and largely China-based miners were unhappy with Bitcoin's proposed SegWit improvement plans meant to increase capacity and pushed forward alternative plans for a split which created Bitcoin Cash. The proposed split included a plan to increase the number of transactions its ledger can process by increasing the block size limit to eight megabytes.
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