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What is Bitcoin Cash
Bitcoin Cash has emerged as a more scalable alternative for the world’s most popular, expensive and stable crypto, Bitcoin. Do you know that the size of the block of transactions amidst Bitcoin is just limited to one MB? Well, Bitcoin experienced an array of cases which involved delay in transactions, limiting the number of transactions as well as many failed transactions. Well, with the introduction of Bitcoin Cash in the crypto world, the block size of a transaction was increased to eight MB. Bitcoin Cash was launched for the purpose of making sure that a large number of transactions can be processed by the network. It was hoped that Bitcoin Cash will compete with the likes of PayPal and Visa on the basis of the volume of transactions completed successfully.
The service went live in the August of last year and since then, Bitcoin Cash is garnering the attention of the cryptocurrency enthusiasts around the world. Apart from increasing the size of the block, Bitcoin Cash also resulted in a removal of SegWit, that is Segregated Witness (a code adjustment specifically meant for freeing-up the space by trimming certain portions of a transaction). Thus, in a nutshell, Bitcoin Cash focuses on increasing the number of transactions. However, the computation power required to cater to the larger blocks is much higher than before. There are cases where crypto enthusiasts often fear that the decentralized power might land in the hand of companies that can afford the computer power.
Fork opponents worry that Bitcoin Cash threatens the consensus-driven approach of the network. Coming back to the fact that where people had to wait for over 4 days for their Bitcoin transaction to be processed in 2017. There was an inevitable rise in the fees associated with every Bitcoin transaction. This was one of the main reason for the inception of Bitcoin Cash. It’s crucial to know that Bitcoin Cash transactions are over 99.5% cheaper than the current Bitcoin network transactions. People were paying over $28 as an average transaction fee for their Bitcoins in 2017.
Announcements about Bitcoin Cash (BitcoinTalk.org)
If you’re wondering if there is an availability of any common platform where people can actually interact with each other for the purpose of crypto, BitcoinTalk is a great resource for you. It is more like a message board which encompass all the latest announcements and news regarding the crypto world. The online forum has been used by millions of users and it’ was introduced by the Satoshi himself in the fiscal year of 2010. One can get access to an around the clock marketplace for crypto-related promotion, trades and transactions, respectively. What comes as a noting fact is that BitcoinTalk maintains a dedicated trust system which can further deduce that how trustworthy a user really is. The more trust factor you inherit from other community members, the higher your ratings will be & vice-versa.
Blockchair is one of the most dedicated and a leading search as well as analytics engine when we talk about Bitcoin Cash, Ethereum as well as Bitcoin. Talking about the functionality of Blockchain, a user can literally filter out crypto search results based on parameters such as a number of transactions, their content, sorting of blocks is also possible and much more. You can literally search with Bitcoin Cash and can further look at the biggest Bitcoin Cash block. The search engine for cryptos, Blockchair is often regarded as the Google for blockchains.
Nikita Zhavoronkov is the Chief Executive Officer and Engineering lead at Blockchair. As soon as you visit the official website of Blockchair, you can stroll over to Bitcoin Cash section. There, you can look-up for transactions on the basis of parameters such as height, hash, mined on, votes, fees, size and much more. One of the biggest uses of Blockchair is to determine transactions that are over $1 million in value. One can even check the blocks which have been mined by Slush, looking up for biggest blocks and much more. Thus, in a nutshell, Blockchair is your tool to get access to all the information singlehandedly.
Blockdozer is yet another giant in the world of search engines and explorers for cryptos. The site can be used vividly for the purpose of exploring transactions made over the entire Bitcoin Cash network. You can sort and list a transaction based on the values such as age, height, size and more. One can even get the information such as who mined the respective transaction? Thus, we can say that if you’re looking forward to a better visualization of Bitcoin Cash transactions as well as components like addresses, blocks etc., Blockdozer is a significant pick. One should note that Blockdozer can be utilized when we talk about confirming your Bitcoin Cash transaction. There might be a case where the transaction actually failed, you can stroll over to the portal and can check the same. Remember that the portal never interacts with any transaction, it just simply tells you the confirmation status of the same.
Launched in the fiscal year 2015, Blocktrail is one of the most popular Bitcoin Cash wallet currently operated in the market. The wallet was later acquired by Bitmain. The Amsterdam based wallet company garnered limelight by launching dedicated crypto wallets for platforms like iOS, Android and Windows as well. What comes as an important fact is that Blocktrail features state of the art security protocols as well as multi-signature support in their crypto wallets. Blocktrail was the first wallet of its time which complied with the HD protocol.
HD is the hierarchical deterministic which involves generation of child keys from their respective parent keys in the hierarchy. Through operating on Block trial, a user can simply transact for Bitcoin Cash and further send/receive them securely. One can even gain a state of the art control over their Bitcoin private address. As an added functionality, you can pay by making use of QR codes. Talking about the management at Block trial, Boaz Bechar is the CEO of the platform. Whereas, the post of CTO has been headed by Ruben De Vries.
Bitcoin Cash Source Code
You can visit the repository for Bitcoin Cash source code on Github by visiting the below-mentioned link and can further start your own open-source project. You can easily go the the repository link and can further make changes/improvements in the current code. Bitcoin Cash is being optimized by thousands of developers around the world. You can commit your changes easily, you can also download the entire code.
Bitcoin.com is a leading and popular company which is responsible for transactions related to purchasing and selling of Bitcoin Cash and other cryptos. One can even get access to a dedicated crypto wallet on this website. Also, you can even see crypto related news, tools, widgets as well as other elements on the Bitcoin.com. The platform’s head office is based in Tokyo, Japan. One should understand that in 2017, Bitcoin.com wallet was ranked at the third position on the Google search results for crypto-related wallet requirement.
The company today offers dedicated wallet services for Bitcoin Cash as well as Bitcoin. In the month of September of the fiscal year 2016, the company went away by mining the first block, 420757. Later, cloud mining contracts were also introduced. The website later went on handling over 1% of the world’s hash-rate of Bitcoins.
Bitcoin Cash Twitter
If you’re a social networking enthusiast, then you can connect with the Bitcoin Cash Twitter page for an around the clock updates. The page is profoundly used by Bitcoin Cash community and is popular amidst the same. You can simply sign-in on Twitter and start following the Bitcoin Cash Twitter page. The page currently maintains a whopping 107K Bitcoin Cash enthusiastic followers.
Are you looking forward to some free Bitcoin Cash? Well, just click on the below mentioned link and you can simply earn easy Bitcoin Cash. How? Well, the first step is to download a Bitcoin.com wallet, further, you can link the same with Google. The third step involves a user to enter his or her email and thus, verify the same. Upon successful completion of the task, you will be credited with some free BCH tokens.
As we discussed the Bitcoin.com trading website earlier, let’s move ahead and know more about the wallet they are offering. Crypto enthusiasts must understand that Bitcoin.com wallet can be used to switch between Bitcoin Cash as well as Bitcoin Core without any difficulty. A customer can make use of Bitcoin wallet wherever they are across the globe. One can literally receive or send crypto by a single tap amidst their Bitcoin.com wallet. The user-interface has been revamped and an entirely new ShapeShift flow has been provided.
Launched by Handcash in the February of this year, the crypto wallet exclusively features a dedicated NFC wallet. Near Field Communication was provided by one of its kind Handcash wallets to crypto enthusiasts. This wallet is also known as BCH wallet. Through Handcash wallet, transactions were supposed to be facilitated much faster, instantly through a smartphone. NFC payments were brought exclusively by Handcash to Bitcoin cash. As we speak, the wallet is currently in its public beta form. As of now, the wallet is exclusively available to only Android users.
One of the most secure and robust crypto wallets, Edge Secure is garnering all the limelight by offering facilities such as password login, two-factor authentication and more. One can even enable recovery options on Edge Secure wallet. If you’re more familiar with banking applications then you will not have any problem operating the same. Edge Secure currently provides around the clock support for cryptos like Bitcoin Cash (BCH), Ethereum (ETH), Litecoin (LTC) and more. You can even leverage the display which can be used to see small denominations like mDash. Talking about the user-interface, it can be said that the same is very straightforward. Users can see all the major details like balance, crypto details on the main screen.
One of its kind, Blockchain.info is used as a block explorer service by crypto enthusiasts around the globe. The portal can be your pick when we talk about getting your hands on Bitcoin Cash relates stats, charts as well as crucial market information. The service was launched in the fiscal year 2011 and since then, people are using Blockchain.info for gaining access to exclusive charts on the Bitcoin Cash economy. Plus, developers can also use Blockchain.info for gaining resources. You should know that Blockchain.info was the most visited website around the globe in 2013 for Bitcoin-related searches. Blockchain.info went on garnering around 118 million views during the timeframe.
Blockchain.info also offers a dedicated wallet for Bitcoin Cash crypto. Once you’re done through the swift sign-up process, you can see that the user interface of Blockchain.info wallet is pretty intuitive. Options such as send, receive, settings are fairly available on the dashboard. Also, you can get access to your transaction data in a matter of a couple of clicks. Thus, one can easily keep a reality check on every outgoing as well as incoming transaction update right within the wallet. Talking about the security of Blockchain.info wallet, the same is highly recommended to unlocking your access to trade funds. Your recovery key can be back up as well. Other security features include push-notifications, SMS as well as two-factor authentication. The log-in process is fairly simple, just scan the browser QR code and you will be logged into the application.
Developed by crypto giant Decentral, Jaxx Wallet is a dedicated and popular multi-currency digital wallet. Apart from the Bitcoin Cash, Jaxx Wallet currently offers around the clock support for over 6 major cryptocurrencies including Bitcoin (BTC), Ethereum (ETH) and Dash coin as well. Some of the major features of Jaxx Wallet are the easy cross-platform pairing, intuitive user-interface, master seed backup, native camera scanning and many more. The wallet is pretty well-designed and a balance has been maintained in terms of features. There comes a time when you’re required to send or receive money, enter destination address or even scan any QR code, well, an easy transmission between different screens is possible.
In a nutshell, as soon as an individual download this wallet, he/she is mostly going to be impressed with the large availability of features. Talking about the security practices in place, Jaxx Wallet hasn’t been hacked till date and one can be certain about the safety of their crypto at Jaxx Wallet. When it comes to storing private keys, they are directly stored on a user’s smartphone. Also, the backup process is fairly simple, Jaxx Wallet offers dedicated mnemonic seed backup functionality which further can be written down by a user and be kept safe.
What makes Mobi crypto wallet unique is the fact that there are over 15 languages that can be utilized by a user. Users can leverage Mobi wallet for both iOS as well as Android smartphones. Downloading the wallet is fairly simple and linking the same with the user’s mobile number has been simplified as well. As soon as you’re aboard, you can pick the currency you wish to work with and then you can further unlock the option to trade between 100 different cryptos. When it comes to transferring money to anywhere in the world, Mobi wallet is a considerable pick. Mobi wallet is pretty friendly for mobile. One can sync their contacts on the Mobi portal and thus, can easily send them money. Also, Mobi is 100% compatible with Bitcoin Cash as well as other major cryptos and also, you can get access to a debit card.
Coinomi is one of the few crypto wallets around the world that came with SegWit enabled design. One can gain operability to our 501 assets including 382 tokens as well as 119 different blockchains. The wallet can be leveraged by iOS as well as Android users. The wallet can be easily downloaded from the Apple App Store and Google Play Store. Coming to the desktop version, people can make use of Coinomi wallet on Windows, Mac and Linux platforms. The wallet portal was founded in the fiscal year 2014 and since then, Coinomi has emerged as a multi-asset wallet and today, it maintains over a million users. What comes as a noting fact is that Coinomi has never been hacked by anyone and the user data was never compromised.
Launched in the fiscal year 2015, Copay was headed by BitPay. As soon as the Copay wallet was launched in the market, the BitPay was regularly managing over 200,000 bitcoin transactions every month and so. In a nutshell, Copay is a software wallet which can be further installed on desktops as well as smartphones. A user can easily leverage the security of Copay and can store keys for two types of cryptos which are Bitcoin Cash as well as Bitcoin. When it comes to staying up to date with the Bitcoin blockchain network, Copay makes use of simple payment verification method instead of full node wallet type.
Thus, Copay is a precise and a light node wallet. Talking about the features, Copay is offering dedicated multi-signatory support to the users, this means that the same wallet can be easily used by more than one user. Thus, best suited for companies that look forward to trading Bitcoin Cash. Not just this, Copay is the entirely open source and thus, anyone can experience the changes and can further implement their own version. Also, it’s absolutely free to use Copay and its services. However, a user is always required to pay dedicated transaction fees on every trade. The easy to use interface of Copay makes it a viable choice for crypto enthusiasts around the world.
BRD is a great crypto wallet which can be utilized for sending, receiving and making payments associated with Bitcoin Cash. A dedicated crypto support has also been provided for other cryptos by the BRD. The application is thoroughly available for Android as well as iOS users. The intuitive design makes it easy for users to operate on BRD. From the creation of an account to actually logging in, the process is swift and takes a couple of minutes. The company operates from Zurich, Switzerland and was started by just three individuals in the fiscal year 2014.
One should understand that BRD wallet is a standalone client. What this means is that the company doesn’t own any server in the market which is being used for transacting Bitcoin Cash. Instead of this, BRD makes use of peer to peer network and thus, it’s a fully decentralized mobile wallet. Thus, we can say that people are always in charge of their funds throughout the time and the funds can be easily accessed 24×7. One should understand that on 15th December 2017, BRD started a crowded sale and in a matter of just 90 minutes, BRD went on raising a hard-cap of 20,000,000 USD. The wallet has grown exceptionally from a simple crypto wallet to a dedicated decentralized banking platform.
Cointext is the latest crypto wallet which makes use of messaging to send and receive cryptos. It’s as simple as texting anyone in your contact list for the purpose of sending Bitcoin Cash. You can send crypto to your friends and relatives around the world without actually having an internet connection. In the current fiscal year, Cointext launched its SMS based crypto wallet services for all. Most of the wallets in the market often require a user to actually download the wallet from the internet and then register at the exchange and so on.
But, with the help of Cointext, you can skip all this and sync your number and start sending cryptos to anyone around the globe. You can simply type “CASH to destination phone number” and the application will send Bitcoin Cash to that desired number seamlessly.
Currently operational in over 32 countries, Coinbase maintains a large user base around the world. The company was started in San Francisco in the fiscal year 2012 and since them, Coinbase has become one of the highest funded crypto startups in the world. Coinbase exchange allows crypto enthusiasts to trade by setting a price which is based on the market value. Strolling over to wallet, Coinbase wallet setup is fairly simple and fast.
You’re required to create an account on Coinbase first and then provide details such as email, first name, last name as well as the password for the same. After several tiers of verification, you will have a working Coinbase account.
When we talk about BitPie, it is a dedicated crypto wallet which was headed by the Bither team. BitPie is a popular cryptocurrency wallet which can be used for a better and around the clock crypto management. A user must understand that BitPie is an absolute online wallet which is capable of storing an array of currencies such as Bitcoin Cash, Ethereum, Litecoin and more. The wallet is secured and has never been hacked. Also, the user interface is fairly simple and anyone with a basic knowledge and a smartphone or desktop can make use of BitPie.
By making use of BitPie crypto wallet, anyone can send and store crypto tokens to other users. Also, third party buyouts are possible by utilizing the service potential offered by the BitPie. As soon as you create an account with BitPie, you will be provided with an online key which is crucial for the purpose of account management. A user looking forward to using BitPie can simply download the application from App Store or Play Store. You can even install the BitPie wallet on your desktop and thus, can operate easily.
Garnering attention for its state of the art design, Circle crypto wallet has emerged as a strong contender in the world of cryptocurrency. You can easily sync your traditional bank account with Circle application and thus can obtain an easy money transfer option. You should understand that with Circle crypto wallet, you can unlock your exclusive access to commission-free cryptocurrency investment. One should understand that the buy-outs are instant and are deducted directly from the bank account.
Around the clock, support has been provided for Bitcoin, Litecoin, Bitcoin Cash and more. Talking about the security features of Circle, the wallet is being guarded by a dedicated 256-bit encryption as well as a two-step verification module. Also, offline storage can be utilized for the purpose of covering and securing the assets. You can even enable screen lock through fingerprint, face ID or Touch ID.
Coingeek can be your destination when we talk about your everyday cryptocurrency news requirements. The portal was re-launched last year when it was acquired by Calvin Ayre Media group. The all-new Coingeek crypto website was focused to stress-upon the new Bitcoin (BCH) technology. For all the crypto enthusiasts around the world, now they can have a fair and trusted coverage of people, companies associated with the crypto domain. Coingeek is implementing the true vision of Satoshi’s white paper.