Bitcoin Cash (BCH) Has Officially Forked From BTC

in #bitcoin7 years ago (edited)

It is official! As of 2:14 pm ET today, BCH has forked from the original BTC blockchain.

After having issues earlier this morning, mining firm ViaBTC has successfully mined their first block of BCH. The event occurred nearly 6 hours after block 478,558. According to network data, Bitcoin Cash's first block contained 6,985 transactions, with a block size of 1.915 MB – nearly double the size of this parameter on the original BTC chain. CoinMarketCap.com is reporting an initial trading price for BCH at $219 USD and Kraken is reporting trading volume at slightly over $3 million USD since launch.

It will be very interesting to see what the price of all cryptocurrencies will do in the next 24 to 48 hours. There has been a bull run on most altcoins since the hard fork occurred, indicating that people are gaining confidence now that the fork has occurred.

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We have a lot to be watching now hopefully everyone can turn this into a profitable few months I wish you all good luck.

I predict a bull run on everything until November. Thanks for the comment!

The track in your picture meets again ahead? I hope not! 😂😂😆😆😜😜

Good point! Don't think there is a chance of that! :-)