OFFICIAL: 1ST BITCOIN CASH BLOCK MINED (viaBTC pool block)

in #steemitdotcom7 years ago

Bitcoin Cash

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BITCOIN CASH, as we know believe it or not is here to stay! Hardcore investors & crypto experts may have their doubts about the newly mined block but believe it or not BCC is now trading high with viable potential future.

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According to "bitcoincash.org" the new forked crypto boast of the following:

NEW FEATURES

×) Block Size Limit Increase - Bitcoin Cash provides much needed relief to users with an immediate increase of the block size limit to 8MB.

×) Replay and Wipeout Protection - Should two chains persist, Bitcoin Cash minimizes user disruption, and permits safe and peaceful coexistence of the two chains, with well thought out replay and wipeout protection.

×) New SigHash Type - As part of the replay protection technology, Bitcoin Cash introduces a new way of signing transactions. This also brings additional benefits such as input value signing for improved hardware wallet security, and elimination of the quadratic hashing problem."

On their recent block mining, "bitcoincash.org" has this to say,

"We are pleased to announce that on August 1st 2017, Bitcoin Cash (BCC) successfully launched.

At 18:24:41 UTC, ViaBTC pool produced a 1.9 MB BCC block, which was not valid on the legacy Bitcoin network. This marked a clean break and the birth of Bitcoin Cash.

Bitcoin Cash brings sound money to the world. Merchants and users are empowered with low fees and reliable confirmations. The future shines brightly with unrestricted growth, global adoption, permissionless innovation, and decentralized development.

All Bitcoin holders as of block 478558 are now owners of Bitcoin Cash. All Bitcoiners are welcome to join the Bitcoin Cash community as we move forward in creating sound money accessible to the whole world."

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This is a whole new era and am glad to witness this great epic moments of cryptocurrency!

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Steem ON!

no doubts ! the #bitcoin value would keep soaring and blowing the roofs up...no regrets at all we invested into the system.....was just wondering ???? when are we going to start mining steem?