Cryptocurrencies Archives

Bitcoin Cash: A simplified explanation

September 24, 2017 Rocketr Comments 0 Comment

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…

What is Bitcoin Cash?

September 3, 2017 Rocketr Comments 0 Comment

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…

Bitcoin Death Spiral versus Bitcoin Cash

August 21, 2017 Rocketr Comments 0 Comment

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…

Rocketr

Start selling digital content today.

Browsed by
Category: Cryptocurrencies