Bitcoin Cash update released
What was activated in the BCH chain is a promised hard-fork that is focused on the Difficulty Adjustment Algorithm that, in turn, will probably help during the big blockchain network loads, like the one that happened lately when SegWit2x was cancelled and former B2X supporters found a particular interest in joining Bitcoin Cash and started pumping its price. Also, as reports suggest, the time of transaction approvals has been shortened. Manipulations connected with time is now, hopefully for Bitcoin Cash supporters, a bug of the past as well.
Meanwhile, we are getting even more comments on current situation with the clash of Bitcoin and Bitcoin Cash. FxPro experts tell Bitnewstoday that this was not the finest moment for Bitcoin, and although it has money, infrastructure and media popularity, fundamental network problems still must be solved, or else miners, investors and wallet operators with exchanges would switch to a more perspective project.
We should remind here that lately, Bitcoin Cash has hit its all-time high of $2477.65 on Coinmarketcap and after that went down as low as to $1043 during this Monday, while today it’s $1246. Bitcoin, while it has indeed lost its recent $7000 ground, has regained a thousand dollars of price and went from prices $5000 up to $6630 at the press time. It’s not the pre-SegWit2x cancellation situation, but it’s much closer to it than the weekend values.