Bitcoin Cash BCH

BTC-BCH

What Happened to Bitcoin: A Recap of the Blockchain's Big Split
The newly created coin, Bitcoin Cash (BCH or BCC), was initiated when a group of miners "forked" from the main bitcoin blockchain. Given the relatively small amount of miners running the new software, Bitcoin Cash struggled to keep up with the main bitcoin network. At about 6:14 p.m. UTC, ViaBTC mined the first Bitcoin Cash block, which came in at a block size of 1.915 MB, and contained 6,985 transactions, according to public data.

The block's passage also seemed to spur launches on digital currency exchanges, with Bitcoin Cash trading now live on bourses like Kraken, TheRockTrading and OKCoin, among others. With exchanges listing the coin and newly-found Bitcoin Cash owners taking control of their assets, one of the big questions will be what happens with the price of the digital asset. Bitcoin Cash is trading at roughly $460 (at current time) on digital currency exchange Kraken.

On Friday, 4th August at 10:00 am PST, Uphold will distribute Bitcoin Cash cards to each member wallet reflecting the Bitcoin Cash they are entitled to.

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