At what time was Bitcoin Cash established?
GloryDec 26, 2021 · 3 years ago3 answers
Can you tell me the exact date and time when Bitcoin Cash was established? I'm curious to know the historical moment when this cryptocurrency came into existence.
3 answers
- Dec 26, 2021 · 3 years agoBitcoin Cash was established on August 1, 2017, at 12:20 PM UTC. This was the result of a hard fork from the original Bitcoin blockchain, which aimed to increase the block size limit and improve transaction speed. The establishment of Bitcoin Cash marked a significant event in the cryptocurrency world, as it introduced an alternative version of Bitcoin with different characteristics and goals.
- Dec 26, 2021 · 3 years agoBitcoin Cash came into existence on August 1, 2017, at 12:20 PM UTC. It was created as a result of a hard fork in the Bitcoin blockchain. The main motivation behind the establishment of Bitcoin Cash was to address the scalability issues of Bitcoin by increasing the block size. This allowed for faster and cheaper transactions compared to the original Bitcoin. Since its establishment, Bitcoin Cash has gained a significant following and has become one of the top cryptocurrencies in terms of market capitalization.
- Dec 26, 2021 · 3 years agoBitcoin Cash was established on August 1, 2017, at 12:20 PM UTC. This cryptocurrency was created as a result of a hard fork in the Bitcoin blockchain. The establishment of Bitcoin Cash was driven by the need to address the scalability challenges faced by Bitcoin. By increasing the block size limit, Bitcoin Cash aimed to improve transaction speed and reduce fees. Since its establishment, Bitcoin Cash has gained a loyal user base and has been embraced by various crypto enthusiasts and investors.
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