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Here's How The Bitcoin Cash Block Upgrade Works

Last week, we saw Bitcoin Cash execute a hard fork which was designed, in collaboration with Bitcoin ABC, to allow the network to have an increased block size. Blocks have thus been upgraded from 8MB, to 32MB. This of course did trigger some controversy. Ultimately, the upgrade was designed to ensure that going forward, Bitcoin Cash could remain a fast and viable cryptocurrency option, with mainstream adoption in mind. The controversy however, focused on ideas that the upgrade would simply just encourage a slower blockchain, with bigger blocks operating at a slower rate. This however, won’t be the case according...

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The Crypto Refresh May 18th

Friday means a few things. The most important of those things of course being the Crypto Daily Crypto Refresh, back for its next instalment. Each week, we dig through our crates to bring you a brief and timely summary of the previous weeks events. It’s like the ultimate tl;dr. Here goes nothing… Market Declines So, this week we have seen a pretty harsh week of market drops and declines. Overall, cryptocurrencies have had a tough time, many having literally had the life sucked out of them. Now of course we do only expect this market crash to continue for a...

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Bitcoin Cash May Still Hit $2,000.00 Before Long

The trend this week continues, with Bitcoin Cash no exception to the market decline that has thus far drained the life out of a number of cryptocurrencies. Values are sinking and have done so since this time last week. We have seen some brief periods of calm which did begin to suggest that the markets would start a recovery, these however have been in vain and as it stands, the markets are still retreating at an alarming rate. We must look past the doom and gloom of today though and see how this may set us up for another market...

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Bitcoin Cash Losing Value After Hard Fork

Yesterday, we saw the execution of a Bitcoin Cash hard fork, which was setup to increase the block size of the blocks on the Bitcoin Cash blockchain. This hard fork has been coming for some time, with many users of Bitcoin ABC nodes urged to update their software over the past month. Because of the anticipation leading up to this, the hard fork itself looked to be seamless, and overall, the update seems to have rolled out without any issues. Usually, such events are approached with caution, however the Bitcoin Cash community have remained very open to this hard fork,...

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Bitcoin Cash To Hard Fork Today

The 15th of May marks the highly anticipated Bitcoin Cash Hard Fork, a move designed to add opcodes to the network and to upgrade the block sizes on the Bitcoin Cash blockchain up to 32Mb, improving transaction efficiency and of course, scalability. This means, anybody running a Bitcoin Cash Node will need to upgrade to the latest Bitcoin ABC software, Bitcoin ABC 0.17.1 as soon as possible. You can read more about the upgrade for yourself, here- https://www.bitcoinabc.org/2018-04-01-upgrade/ The Hard Fork is set to take place at 17:00 BST, therefore this afternoon should see some increased activity within the Bitcoin...

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