Crypto Correction Spurred on By Bitcoin Cash
The entire crypto market (with the sole exception of Bitcoin Cash) entered a correction period today. This is was spurred on by claims Bitcoin Cash is the new Bitcoin.
Bitcoin Cash (BCH) is a cryptocurrency created from a hard fork of Bitcoin. The fork occurred at block 478,559.
Bitcoin Cash split into two versions in November of 2018. Those versions are currently called Bitcoin Cash ABC and Bitcoin Cash SV.
For now, until the future of both coins becomes clear over time, all things SV and BCH are going to be in this section.
The entire crypto market (with the sole exception of Bitcoin Cash) entered a correction period today. This is was spurred on by claims Bitcoin Cash is the new Bitcoin.
Bitcoin’s price dropped a bit, meanwhile Bitcoin Cash’s price rose. Bitcoin.com (just a great domain, not an official site) even said it was going all in on Bitcoin Cash.
Despite being somewhat unclear on other forks, there was a press release from Greyscale that discussed Bitcoin Cash distributions for GBTC shareholders.
Bitcoin Cash (BCH) is a cryptocurrency created from a hard fork of Bitcoin. It is meant to have quicker transactions than Bitcoin.
SegWit, SegWit2x, and the Lightning Network (LN) are all terms that describe proposed changes to Bitcoin’s blockchain to allow for faster transactions.
A hard fork is when a single cryptocurrency splits in two. It occurs when a cryptocurrency’s existing code is changed, resulting in both an old and new version.
Below is a list of important cryptocurrencies and additional resources you can use to learn more about all the different cryptocurrency types.
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