Bitcoin Cash Sees Significant Support and Adoption Over Four Months

By in Blockchain News on November 22, 2017
  • This week the largest bitcoin exchange by volume in Europe, Bitstamp, decided to begin listing bitcoin cash between its popular currency pairs traded on the platform.
  • Right now there are 19 BCH wallets, 5 full node clients, and lots of other services and merchants who now accept bitcoin cash.
  • The Bitcoin Cash network has seen 26,730 blocks mined since the first hard fork on August 1, 2017.

Jamie Redman writes (key points selected):

The Bitcoin Cash (BCH) network is almost four months old from when it split away from the legacy chain on August 1.

This week the largest bitcoin exchange by volume in Europe, Bitstamp, decided to begin listing bitcoin cash between its popular currency pairs traded on the platform.

This includes BCH wallet providers such as Electron Cash, Ledger, Trezor, Keepkey, the Bitcoin.com wallet, Copay, Jaxx, the Blockchain wallet, Stash and many others.

Companies like Bitpay have also created a BCH blockchain explorer, and other firms like the Living Room of Satoshi have integrated bitcoin cash functionality into their services.

Right now there are 19 BCH wallets, 5 full node clients, and lots of other services and merchants who now accept bitcoin cash.

The Bitcoin Cash network has seen 26,730 blocks mined since the first hard fork on August 1, 2017.

On November 13 the BCH chain successfully hard forked and Amaury Séchet’s Difficulty Adjustment Algorithm (DAA) ‘dampened’ chaotic oscillations between block times.

So beneath all the underlying scaling drama, trolling on social media, and insults, the bitcoin cash network is thriving and doesn’t seem to be DOA like some people speculated.

Others have already chosen a side to favor and rally behind either the legacy chain or the BCH chain.

Read the full article: https://news.bitcoin.com/bitcoin-cash-sees-significant-support-and-adoption-over-four-months/

Coin Market Feed is a cryptocurrency news website which collects the most relevant information and presents it in a condensed way to save your time. Read more about our mission.

Like
Like Love Haha Wow Sad Angry
Share this post