Facts about Bitcoin Cash [BCH] you should know

in #bitcoin4 years ago (edited)

Bitcoin Cash Facts (c) BitcoinTalk.org

Mineable Currency with own Blockchain

Currency Code: BCH (former BCC)
Max Supply: 21 mln. BCH
Algorithm: sha256
Konsensus: Proof of Work
Published: 1 August 2017
Block Time: 10 Minutes
Block Size: max. 8 MB
Website: https://www.bitcoincash.org

Block Mining Rewards:

  • Halves every 210,000 Blocks
  • Reward will decrease from 12 to 6 Coins.

Features & Specifications

• All Bitcoin holders as of block 478558 are also owners of Bitcoin Cash
• Optimized for Payment (Fast, Reliable, Low fee, Simple, Stable, Secure)
• Transaction in seconds, confirmation in minutes
• Block Size Limit Increase up to 8 MB
• Replay and Wipeout Protection: Should two chains persist, Bitcoin Cash minimizes user disruption, and permits safe and peaceful coexistence of the two chains, with well thought out replay and wipeout protection.
• New SigHash Type: As part of the replay protection technology, Bitcoin Cash introduces a new way of signing transactions. This also brings additional benefits such as input value signing for improved hardware wallet security, and elimination of the quadratic hashing problem.

Data of 2017-08-19

• Market Cap: 3,496,078 BTC / $14,363,782,818
• Volume (24h) 1,028,000 BTC / $4,223,570,000
• Circulating Supply 116,495,913 BCH


• Before 1 August 2017 look at https://steemit.com/bitcoin/@bitcoin-123/facts-about-bitcoin-btc
• At 1 August 2017, 18:24:41 UTC, ViaBTC pool produced a 1.9 MB BCH block, which was the first Block of the Bitcoin Cash Network

Development Team

• No one single development team, but multiple independent teams of developers - N/A

Notable Miners last 7 days from 2017-08-19

• unknown 522 Blocks, 91.74%
• ViaBTC 26 Blocks, 4.57%
• BitClub Network 21 Blocks, 3.69%

Topical Statistics

• Latest Blocks, Price Index, Pools: https://www.blocktrail.com/BCC
• Latest Blocks & Transaction: http://blockdozer.com/insight/
• Block Statistics: https://blockchair.com/bitcoin-cash/blocks
• Market information: https://coinmarketcap.com/currencies/bitcoin-cash/
• Bitcoin (BTC) price stats and information: https://bitinfocharts.com/bitcoin%20cash/

BCH compared with Gold + FIAT (c) BitcoinCash.org

Additional Information

• Bitcoin-Opensource-Code: https://github.com/bitcoin/bitcoin
• Website of the node: https://www.bitcoinabc.org
• Source code: https://github.com/bitcoin-abc
• Reviews: https://reviews.bitcoinabc.org/differential/
• Reddit: http://reddit.com/r/Bitcoinabc
• Forum: https://bitco.in/forum/forums/bitcoin-abc.25/
• Spec: https://github.com/Bitcoin-UAHF/spec
• Video presentation:

• Chat Telegram: https://t.me/bitcoincashfork
• Blockexplorer: http://blockdozer.com/insight/
• Blockexplorer 2: https://blockchair.com/bitcoin-cash/blocks
• Blockexplorer 3: https://www.blocktrail.com/BCC
• Blockexplorer 4: https://cashexplorer.bitcoin.com/
• Stats: https://cash.coin.dance/blocks
• Stats 2: http://fork.lol
• Stats 3: http://bitcointicker.co/bccnetworkstats/
• Forum: http://www.bccforums.net
• ViaBTC Mining Calculator for BTC/BCH/LTC: https://pool.viabtc.com/tools/BCC/calculator/


Many Thanks to @gspeagle for https://steemit.com/blockchain/@gspeagle/top-30-cryptocurrencies-names-of-executives-and-developers-and-location-of-servers-and-country-of-origin


For more Information

• Feel free following me @bitcoin-123 and/or send helpfull comments
• Facts about Bitcoin [BTC] you should know: https://steemit.com/bitcoin/@bitcoin-123/facts-about-bitcoin-btc
• and take a look to a list of my crypto related articles on SteemIt: http://123-bitcoin.de/krypto.html

Thanks for reading/upvoting ...


Should be worth less than litecoin imo

Yet you have no rational reason for saying so. Bitcoin Cash seems to be taking over Bitcoin.

And if we look at rising BCH price, it could be sooner as we think. BCH +56%, BTC -4%, LTC -1%

May be yes, may be no. Let's look the LiteCoin Facts - I will do next ...

A very good Article from the Bitcoin Developer Jimmy Song about "Mining BTC/BCH: Past, Present and Future":