Bitcoin cash is a standalone digital currency, created as an offshoot of bitcoin in August 2017 by a ‘hard fork’. This was in response to the slowdown in bitcoin transaction speeds and the network’s inability to reach consensus on proposed upgrades. Bitcoin cash’s maximum block size is 8mb, compared to […]
Open source P2P money
It does so by combining two concepts of blockchain technology – digital signatures and hash functions – to create a tamper-proof trail of who owns what in order to avoid the double spend problem. Unlike government-backed money, the value of virtual currencies is driven entirely by supply and demand. This […]