Bitcoin Cash (BCH)

1st Hard Fork of bitcoin is Bitcoin Cash(BCH). Coin splits of the digital currency Bitcoin are created intentionally via forks of the blockchain, sharing a transaction history with Bitcoin up to a certain time and date. Namecoin was the first fork of Bitcoin. The first hard fork of Bitcoin happened on August 1st 2017, resulting in the creation of Bitcoin Cash.

Bitcoin Cash: Forked at Block 478558, 1 August 2017, for each Bitcoin (BTC), an owner got 1 Bitcoin Cash (BCH). It means if you had 1 btc in exchange site than you would get 1 BCH for free on same exchange where you had your bitcoins. The ratio was 1:1.

Popular posts from this blog

Cryptocurrencies Trading

What is Bitcoin ?

What is Bitcoin Mining ?