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Business / Finance

Bitcoin Cash proves its worth

MQL5: Blogs Traders 19.08.2017 at 16:41

Blogs traders and analyst of financial markets

August 1, bitcoin has experienced a split into two currencies, in which a new coin Bitcoin Cash. For the first 3 days of new currency fell from $700 to $200, but then I grew up and now have reached a level of $518.

the Split bitcoin into two parts occurred because of a group of miners, to insist on the update Protocol. Block Bitcoin Cash has the advantage over block Bitcoin due to its size of 8 MB vs 1 MB in the original currency. It primarily provides the growth speed of transaction processing and protection from hacker attacks on the network.