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Author: Rocketr

Developer. System administrator. Cryptocurrency enthusiast.
Bitcoin Cash: A simplified explanation

Bitcoin Cash: A simplified explanation

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What is Bitcoin Cash? Bitcoin Cash is peer-to-peer electronic cash for the Internet. It is fully decentralized, with no central bank and requires no trusted third parties to operate. Is ‘Bitcoin Cash’ different from ‘Bitcoin’? Yes. It’s the upgraded-in-2017 version of Bitcoin. It was created because the original bitcoin payment system became too unreliable and expensive. What Can I do with Bitcoin Cash? You can exchange it for dollars, euros, yen, or other government-issued currencies. You can also spend it…

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What is Bitcoin Cash?

What is Bitcoin Cash?

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You’ve probably seen a lot about Bitcoin Cash lately. Everyone’s talking about it but a lot of people not heavily versed in cryptocurrencies are probably finding themselves asking “What is Bitcoin Cash?” I’d like to explain it a little so that everyone can understand exactly what it is, but first we’ll need to talk about politics inside the Bitcoin community.  Bitcoin Core Bitcoin Core is the main client implementation of Bitcoin. Formerly known as Bitcoin-Qt, this is earliest and most…

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Bitcoin Death Spiral versus Bitcoin Cash

Bitcoin Death Spiral versus Bitcoin Cash

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Bitcoin recently gained a new competitor: Bitcoin Cash. Bitcoin Cash is a fork of Bitcoin which boasts a configurable maximum block size, currently set to 8MB. This is an increase from Bitcoin’s maximum block size, which is only 1MB. With this fork, a few terms have been being thrown around, including the “Bitcoin Death Spiral”. A few other basic terms Before I go further, here’s some explanations for a few terms you’ll see throughout this article. Bitcoin Cash has what’s…

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Bitcoin Cash is Coming to Rocketr

Bitcoin Cash is Coming to Rocketr

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On August 1, 2017 at exactly 12:20 UTC, Bitcoin is scheduled to fork off into two coins. These two coins will be Bitcoin (BTC) and Bitcoin Cash (BCC or BCH — the abbreviation isn’t finalized). Bitcoin Cash? Bitcoin will be forking off into two different coins. One will still be called Bitcoin, but the other will be called Bitcoin Cash. Bitcoin will go on to implement Segwit2X, whereas Bitcoin Cash will exclude Segwit but increase the blocksize to 8mb. At…

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Why is my Bitcoin taking so long to confirm?

Why is my Bitcoin taking so long to confirm?

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A question we’ve been getting a lot recently is, “Why is my Bitcoin taking so long to confirm?” Not just on some of the bitcoins that we send out to sellers but also on bitcoins we’re receiving from buyers. Let’s go into detail on this, but first let me clarify on what a confirmation is.   What is a Bitcoin confirmation? When Bitcoin is sent, it is initially “unconfirmed”. The transaction is broadcast to the network, but the miners haven’t placed it…

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Payment Gateways Do Not Have to be Stressful

Payment Gateways Do Not Have to be Stressful

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Time and time again we see unlucky individuals struggling with the the giant that is payment gateways and payment processors. Whether it’s issues with dealing with the payment processor themselves, chargebacks and disputes due to fraudsters, or simply not wanting to put the vast amount of personal information required onto the internet; we know how scary of an experience it may be. However, payment gateways do not have to be stressful. Enter Rocketr, a stress free payment gateway. We simplify…

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