Sentences with phrase «cash chain split»

Not exact matches

If you want to split your keys onto two chains (bitcoin and bitcoin cash) you can simply withdraw your bitcoin to a wallet that is BCH - compatible.

A little over a month ago we published an announcement regarding our ongoing engineering efforts to allow withdrawal of bitcoin cash (BCH) for customers who had bitcoin balances at the time of the chain split.

Previously, Bitcoin underwent a hard fork on August 1, 2017, splitting into two separate chains; however, both communities were in agreement as to which chain would be called Bitcoin, and which chain would be called Bitcoin Cash.

A little over a month ago we published an announcement regarding our ongoing engineering efforts to allow withdrawal of bitcoin cash (BCH) for customers who had bitcoin -LSB-...] A little over a month ago we published an announcement regarding our ongoing engineering efforts to allow withdrawal of bitcoin cash (BCH) for customers who had bitcoin balances at the time of the chain split.

That's mostly due to the fact that when the original bitcoin chain split into two, it created a lot of «free» bitcoin cash.

One argument is that owning bitcoin cash is different from the original bitcoin, because otherwise why go through the trouble of a chain split, if not to create a new coin with different properties?

The bitcoin chain split is by now old news, but there are still a lot of unanswered questions about Bitcoin Cash (BCC), the cryptocurrency born from the hard fork on August 1.

Bitcoin Cash is the realization of the «User Activated Hard Fork» (UAHF) that was first announced as Bitmain's contingency plan in case of a chain - split caused by the BIP148 user activated soft fork (UASF)-- although the mining hardware producer has sent out mixed signals about the project since.

Bitcoin Cash is being listed as BCC on most other platforms, but, that ticker symbol is already in use on the Bitfinex platform by the chain - split token representing Bitcoin Core.

Those people who had Bitcoins before the chain split or fork will automatically be given the same amount of the newly created «Bitcoin Cash» if they held their own private keys or were using software that supported the split, or chain fork.

In August the Bitcoin network experienced a chain split, or commonly known as a hardfork, which created a new kind of cryptocurrency: Bitcoin Cash (BCH).

Note: The Ethereum hard - fork is a planned fork of the network, meaning that the Metropolis upgrade is not a split chain, such as Bitcoin Cash or Ethereum Classic.

Bitcoin cash (BCH) is a hard fork (A hard fork occurs when a blockchain splits into two incompatible separate chains) cryptocurrency of Bitcoin (BTC).

Bitcoin cash is a result of the split in the chain of Bitoin back in August of 2017 when a group of developers wanted to upgrade to a coin that would provide for larger block sizes.

Moreover, the company Viabtc has pledged to support Bitcoin ABC with its own mining pool and will call the token «Bitcoin Cash» if the protocol splits off from the main chain.