Tag: Bitcoin Cash

What is Bitcoin Cash, a virtual currency? Thorough explanation of features and usage

Bitcoin Cash is a virtual currency created by hard forking (splitting) from Bitcoin.  If Bitcoin Cash is a new model, it is easy to imagine that Bitcoin is an old model. Bitcoin Cash is a virtual currency created by being split, so Bitcoin still exists, but they are not compatible and Bitcoin Cash is used instead of Bitcoin Cash. On the other hand, the technologies used for the two virtual currencies are basically the same. So …
[Read More]

Over $2.7 million in Bitcoin Cash has Been “Retrieved” by Miners Without Permission

When the Bitcoin Cash fork was introduced, not everyone redeemed those coins. One mining group has been able to sweep addresses for unclaimed BCH, currently amassing to over 9,000. The launch of Bitcoin Cash has been problematic for a wide variety of reasons. Sweeping Bitcoin Cash Without Permission Particularly the address format similarities –  resolved later on – caused a lot of dismay and confusion.  A lot of users sent …
[Read More]

Bitcoin Cash’s Cashfusion Works as Intented, so far

The opinions on any development involved Bitcoin Cash will always be all over the place. Cashfusion, the upcoming privacy upgrade for BCH, has high expectations to live up to. A recent comment by data analyst James Waugh only confirms the potency of Cashfusion. The Future Looks Bright for CashFusion James deems this option to be far more practical compared to traditional CoinJoin implementations. This is part of the massive stress …
[Read More]

Roger Ver and Bitcoin.com Back out of the Bitcoin Cash Mining Tax

The Bitcoin Cash miner tax proposal has not gone over too well with the community. Even Roger Ver is backing out of this potential change, which was somewhat to be expected.  A few days ago, there was a proposal to introduce a Bitcoin Cash mining tax. The Bitcoin Cash Tax Proposal Won’t Work Up to 12.5% of every mined block would be sluiced to a development fund for this Bitcoin …
[Read More]