Questions have been mounting around Bitcoin’s ability to scale effectively since its inception. As a cryptocurrency, Bitcoin only exists due to its revolutionary blockchain technology which creates a self-contained giant ledger keeping track of all transactions with 100% accuracy and without a third party. In the cryptocurrency economy, Bitcoin Cash has become a highly sought-after […]
A long-time bitcoin developer who quit the project in 2016 broke his silence on Thursday, opening up on the state of the project in a lengthy reddit Q&A.There, Mike Hearn, who has since joined banking consortium startup R3, discussed a range of topics, including the bitcoin cash hard fork and the block size debates that […]
If you owned bitcoin on July 31, 2017 (and did not dispose of it), by the end of the next day you also owned (or at least you were entitled to claim ownership of) an equal amount of bitcoin cash.If bitcoin owners in the U.S. instead got cash (the old-fashioned kind) that day, there is […]
Canadian Bitcoin tech entrepreneur and educator Jonathan Hamel has told a parliamentary hearing that Bitcoin Cash is a “downright scam.”HAMEL: ‘BCASH’ ISN’T BITCOINSpeaking in testimony during a meeting of the House of Commons’ Standing Committee on Finance discussing cryptocurrencies, Hamel, who described the altcoin as a “BCash,” firmly disconnected it from Bitcoin itself.Whereas the world’s […]
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