New Cryptocurrency: Bitcoin Cash

Written by  on August 18, 2017 

"Bitcoin is dividing in two. Disagreements about how to operate the cryptocurrency have led to a new strand called Bitcoin Cash, which is breaking off from the bitcoin system.

Bitcoin Cash launches Tuesday in what is known as a "hard fork" from bitcoin, a virtual currency based on peer-to-peer transactions without any central authority or bank behind it.

The new offshoot is a response to the increasing popularity of bitcoin, which is struggling to deal with massive numbers of transactions…

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