One year ago to the day, Bitcoin Cash came into existence after a hard fork from the Bitcoin blockchain.
It has been an interesting 12 months since the fork gave birth to BCH, as proponents have continuously argued the merits between Bitcoin and BCH. Nevertheless, on the anniversary of the creation of Bitcoin Cash, it is worth revisiting what caused this altcoin to come into existence and what it aimed to do.
Bitcoin Cash was born courtesy of a fork on August 1, 2017.
As a fork of the Bitcoin blockchain, users that held Bitcoin would receive an equal number of Bitcoin Cash at the time of the fork.
Chinese mining manufacturer Bitmain was an original proponent that suggested the Bitcoin Cash hard fork in 2017, but later clarified the move as a contingency plan to a soft fork.
Amaury Séchet is credited with the first announcement of Bitcoin Cash, originally known as Bitcoin ABC. Bitcoin vs. Bitcoin Cash Since then, Roger Ver has arguably been the biggest promoter of Bitcoin Cash.
Ver has seemingly pushed an anti-BTC agenda, beginning with claims that Bitcoin Cash is the 'real Bitcoin' in November 2017.
Roger - please stop referencing me to back up your opinion that Bitcoin Cash is Bitcoin.
The Bitcoin Cash fork failed to gain majority, thus it is not Bitcoin.
Michael Novogratz May 5, 2018 Bitcoin Cash - by the numbers While the BTC vs. BCH debate that has been raging on with no end in sight, Bitcoin Cash has established itself as one of the strongest cryptocurrencies in terms of market value.
Bitcoin Cash Celebrates Its First Birthday: From a Hard Fork to Easy Going
gepubliceerd op Aug 1, 2018
by Cointele | gepubliceerd op Coinage
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