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Tychaeus

Bitcoin splitting

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Uh...bitcoin...blockchain...there IS SOME relation here, don't act like this is out of left field 🙄.  Just heard it on the radio and thought some people here might be interested.

I meant the value of bitcoin..

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Ya check out Www.coinmarketcap.com 

 

Bitcoin cash is 4th highest market cap. If you had btc before and fork, now you have the same amount of btc and bch

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Imagine logging into your checking account and seeing that you now also have a second account, stocked with an equal amount of a newly created currency. It could happen this morning to many people who hold the cryptocurrency bitcoin.

Not long after 8 am EDT, a new currency called Bitcoin Cash is due to appear, split from bitcoin in a technical maneuver called a “hard fork.” It’s the project of a group that says bitcoin’s keepers are limiting its reach by resisting change.

neowebwallet

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The question of why bitcoin split is a deeply political one, as much about the philosophy of what bitcoin should be as it is about practical concerns of payment speed and per payment surcharges. The split, called a “hard fork,” comes out of a bitcoin group’s desire to combat high transaction fees and a bitcoin size limit that made mining larger blocks invalid.

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