Tuesday, June 28, 2022
  • Hype
  • Murai
  • Lipstiq
  • Diva
  • Varnam
  • Moviedash
  • Autofreaks
Lowyat.NET
  • News
    • Lifestyle
    • Computing
    • Hardware
    • Internet
    • Rumours & Leaks
    • Software
  • Forums
    • Kopitiam
    • Tradezone
    • Property Talk
    • Finance & Business
    • Fast and Furious
  • Gaming
    • PC Gaming
    • Console
    • Esports
  • Mobile
    • Apps
    • OS
    • Tablets
    • Phones
    • Telco
      • Celcom
      • DiGi
      • Maxis
      • Tune Talk
      • U Mobile
      • Buzzme
  • Pricelists
    • Hardware
      • Compu-zone
      • Viewnet
      • Thundermatch
      • Sri Computers
    • Notebooks
      • Compu-zone
    • Smartphones
      • Thundermatch
  • More
    • Automotive Tech
    • Drone
    • Enterprise
    • Entertainment
    • Fashion
    • E-Hailing
    • Wearables
No Result
View All Result
Lowyat.NET
  • News
    • Lifestyle
    • Computing
    • Hardware
    • Internet
    • Rumours & Leaks
    • Software
  • Forums
    • Kopitiam
    • Tradezone
    • Property Talk
    • Finance & Business
    • Fast and Furious
  • Gaming
    • PC Gaming
    • Console
    • Esports
  • Mobile
    • Apps
    • OS
    • Tablets
    • Phones
    • Telco
      • Celcom
      • DiGi
      • Maxis
      • Tune Talk
      • U Mobile
      • Buzzme
  • Pricelists
    • Hardware
      • Compu-zone
      • Viewnet
      • Thundermatch
      • Sri Computers
    • Notebooks
      • Compu-zone
    • Smartphones
      • Thundermatch
  • More
    • Automotive Tech
    • Drone
    • Enterprise
    • Entertainment
    • Fashion
    • E-Hailing
    • Wearables
No Result
View All Result
Lowyat.NET
No Result
View All Result
Home News

Bitcoin Splits In Two; Say Hello To Bitcoin Cash

by Farhan
August 2, 2017
Bitcoins Worth $7.5 Million is Buried in a Dumpster in the UK
263
SHARES
Share on FacebookShare on Twitter

The world’s most popular cryptocurrency has split in two. Bitcoin Cash, a hard fork from normal Bitcoin, has been introduced to combat high transaction fees and manage problems with Bitcoin size limits.

What this means for more Bitcoin owners is that digital wallets will be supporting one of the two currencies. This presents a choice for owners to decide on whether they want to stick with that digital wallet or move their funds to a different service that supports their preferred cryptocurrency.

Bitcoin owners who hold their own private keys are free to adopt the new forked currency on their own.

ADVERTISEMENT

The price of Bitcoin dipped by four percent after the fork and currently stands at $2754 (about RM11800). Bitcoin Cash, on the other hand, is currently priced at $436 (about RM1870).

All cryptocurrencies run the risk of this kind of fork as the size of each block rises. Some currencies have larger blocks to alleviate this problem, but it will come around at some point as more currency enters circulation. Bitcoin simply reached the limit first, although that may have something to do with the relatively small 1MB block size.

Chances are that this fork won’t affect Bitcoin that much, but it does muddle things by introducing yet another cryptocurrency into the market.

[Source: The Verge]

Tags: BitcoinBitcoin Cashcryptocurrency
Back to top
Share105Tweet66SendShare

ADVERTISEMENT

RELATED ARTICLES

apple macbook pro 13 m2
Storage

M2 MacBook Pro Base Model Allegedly Has Slower SSD Speeds

by John Law
June 27, 2022

A new report about the 13-inch MacBook Pro M2 now suggests that the base model of the laptop will come...

Read more
Modder Successfully Creates AMD FSR 2.0 Mod For Cyberpunk 2077
Gaming

Modder Successfully Creates AMD FSR 2.0 Mod For Cyberpunk 2077

by John Law
June 27, 2022

AMD's 2nd generation FidelityFX Super Resolution (FSR 2.0) has been available to the masses for several months now and compared...

Read more
traffic kuala lumpur
News

Employees In Klang Valley Spend 44 Hours In Traffic Jams Every Month

by Ikmal Rozlan
June 27, 2022

Commuters in Klang Valley apparently spend at least 44 hours per month being stuck in traffic jams. This is according...

Read more
Intel Core i9-12900KS Review: Powerful, Power-Hungry Processor
Rumours & Leaks

Alleged Intel Core i9-13900 Sample With 3.8GHz Boost Clock Leaks

by John Law
June 26, 2022

Intel's 12th generation Alder Lake lineup has barely been on the market for a year, and already an alleged engineering...

Read more
Load More
No Result
View All Result

TRENDING TODAY

  1. 1
    E-Hailing

    Gojek Confirms It Will Not Be Entering Malaysia

  2. 2
    News

    Employees Can Apply For Flexible Working Arrangements Starting 1 September

  3. 3
    E-Hailing

    Gojek Might Be Coming To Malaysia As Logo-Bearing Vehicle Spotted In KL

Lowyat.NET

Consumer Tech News & Reviews Malaysia

NETWORK

  • Hype
  • Murai
  • Lipstiq
  • Diva
  • Varnam
  • Moviedash
  • Autofreaks

ABOUT

  • Advertise
  • Careers
  • Privacy Statement
  • Contact Us
  • Editorial Policy
  • Terms & Conditions

©2022 LOWYAT MEDIA, LLC. ALL RIGHTS RESERVED.

No Result
View All Result
  • News
    • Lifestyle
    • Computing
    • Hardware
    • Internet
    • Rumours & Leaks
    • Software
  • Forums
    • Kopitiam
    • Tradezone
    • Property Talk
    • Finance & Business
    • Fast and Furious
  • Gaming
    • PC Gaming
    • Console
    • Esports
  • Mobile
    • Apps
    • OS
    • Tablets
    • Phones
    • Telco
      • Celcom
      • DiGi
      • Maxis
      • Tune Talk
      • U Mobile
      • Buzzme
  • Pricelists
    • Hardware
      • Compu-zone
      • Viewnet
      • Thundermatch
      • Sri Computers
    • Notebooks
      • Compu-zone
    • Smartphones
      • Thundermatch
  • More
    • Automotive Tech
    • Drone
    • Enterprise
    • Entertainment
    • Fashion
    • E-Hailing
    • Wearables

©2022 LOWYAT MEDIA, LLC. ALL RIGHTS RESERVED.

We use cookies to improve your experience. Learn More.