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.
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 (BTC) is the world’s first decentralized digital currency and payment system and is by far the most known and valuable cryptocurrency. It was created in 2009 by an anonymous person or group called Satoshi Nakamoto. Bitcoin enables transactions to be sent peer-to-peer without passing through a central authority. The transactions are recorded on a decentralized public ledger called the blockchain and each payment acquires a small transaction fee to cover the cost of the network. The total supply of Bitcoin is 21 million and it’s smallest unit of bitcoin is called a Satoshi, it’s a hundred millionth of a bitcoin – 0.00000001 BTC. The creation of Bitcoin’s is happening through mining. Miners have the task to validate transactions and keep the network secure. Their efforts are rewarded by new minted Bitcoins and transactions fees. Bitcoin can be exchanged for fiat or other cryptocurrencies, products and services. Over 100,000 merchants and vendors accepts bitcoin as a payment.
Bitcoin Cash trades on digital currency exchanges including Bitstamp, Coinbase, Gemini, Kraken, Bitfinex, and ShapeShift using the Bitcoin Cash name and the BCH ticker symbol for the cryptocurrency. On 26 March 2018, OKEx removed all Bitcoin Cash trading pairs except for BCH/BTC, BCH/ETH and BCH/USDT due to "inadequate liquidity". As of May 2018, daily transaction numbers for Bitcoin Cash are about one-tenth of those of bitcoin.
Here goes a screenshot from my e-mechanical workstation; although and as you can see we are half way routing the traces but progressing. I also have the BOM or other layers if you need to see anything in particular. You think you can help us market this product? we'd like to compete with Intel (and Bitmad lol) for a Pro Turn-Key Crypto Solution. You in?
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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
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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.