Facts about Bitcoin Cash [BCH] you should know

in bitcoin •  2 years ago

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
https://coinmarketcap.com/currencies/bitcoin-cash/
https://www.cryptocompare.com/coins/bch/analysis/EUR

Milestones


• 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
https://www.coingecko.com/en/developer_chart/bitcoin-cash

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/

Sources


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

https://www.bitcoincash.org
https://bitcointalk.org/index.php?topic=2040221.0

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

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Should be worth less than litecoin imo

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

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

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May be yes, may be no. Let's look the LiteCoin Facts - I will do next ...
https://steemit.com/cryptocurrency/@bitcoin-123/facts-about-litecoin-ltc-you-shoud-know

A very good Article from the Bitcoin Developer Jimmy Song about "Mining BTC/BCH: Past, Present and Future":
https://bitcointechtalk.com/mining-btc-bch-past-present-and-future-e9432315aa47