Coinatory

Once upon a time Bitcoin Cash, Bitcoin hardfork, was considered a "new word" in the world of cryptocurrency and a "revision" of Bitcoin itself, but 18 months after the birth, the coin replenished the ranks of cryptocurrency-losers. According to the co-founder of Bitcoin.org and Bitcointalk.org, acting under the Cobra pseudonym, BCH is “worthless”. On January 18, Cobra said in its Twitter account that Bitcoin Cash is not just dying, but already dead, and, due to the lack of vision and purpose, the value of the coin will drop to zero in a matter of years. In particular, he stated: “Bitcoin Cash is dead. This cryptocurrency needs new leaders and a direction / goal - otherwise, in a few years it will cost $0. ” In response to questio ... Read more about " Co-founder of Bitcoin.org: Bitcoin Cash is dead " on coinatory.com

It seems that the days of scammy and fake Bitcoin clone - Bitcoin Cash are over. The whole story is described in the previous article. A few hours ago, Bitcoin Cash activated hardfork, which divided the fourth largest cryptocurrency network into two competing versions, currently referred to by their main software clients - Bitcoin ABC (BCHABC) and Bitcoin SV (BCHSV). The Bitcoin Cash network was updated soon after 18:00 UTC when the chain split into BCHABC and BCHSV at block 556767. Bitcoin.com mined the first two blocks according to the rules of BCHABC - the SV nodes marked them as disabled, while BCHSV there is still to mine its first divergent block. On the eve of the hardfork BCHABC, which renewed client activates functions ... Read more about " Hashwar is killing Bitcoin Cash " on coinatory.com

This article is about Bitcoin Cash, the fake Bitcoin and huge-scale scam that doesn"t even have the certain ticker - is it BCC or BCH? I"ll call it BCH as it seems to be more common. For the first time in November, the BCH price went up. I cannot say that it was unexpected - rather the opposite, quite predictable, given the events since the end of August. How does the situation develop for the market in the future and what are the options of the situation? Turns out if you start a coin by hard fork without consensus, precedent is to hard fork without consensus Aaron van Wirdum The Beginning With the beginning of a big cooling of the market in January 2018, the interests of the three accomplices who created their own “pocket b ... Read more about " Bitcoin Cash, The Fake Bitcoin: what to expect from the upcoming hardfork? " on coinatory.com

Bitcoin Cash was created just a little over a year ago as a result of a hard fork amid a heated debate over the scaling of the original bitcoin. Gradually among fork developers began to grow disagreement over the further development of Bitcoin Cash. The recently released Bitcoin ABC client release was perceived by some representatives of the crypto community as the beginning of a real war in the development environment. However, some representatives of the Bitcoin Cash community categorically do not support these changes. Another ... Read more about " Conflict among Bitcoin Cash developers can split the cryptocurrency " on coinatory.com

International financial broker RoboForex has launched a service that will allow customers to replenish their own trading bitcoin account by different cryptocurrencies. It is noted that the amount of replenishment in altcoins will automatically be converted to BTC at the current exchange rate. "A significant part of our clients trade and keep funds on accounts in the cryptocurrency. Many of them also have assets in non-BTC digital currencies, which they can now use to replenish their BTC accounts, "said Denis Golomedov, marketing ... Read more about " RoboForex: send altcoins to your BTC wallet, receive bitcoins " on coinatory.com

Contrary to the statements of Bitcoin Cash supporters who promised to create a better version of bitcoin, which will be popular as a payment tool, the cryptocurrency is barely used in commercial transactions. This is written by Bloomberg referring to the analysis of the Chainalysis company. A study of 17 major processing services, such as BitPay, Coinify, and GoCoin, showed that the volume of payments using Bitcoin Cash fell to $ 3.7 million in May after reaching a peak at $ 10.5 million in March. With the help of bitcoin in May, payments ... Read more about " Bitcoin Cash is rarely used " on coinatory.com

The Bitcoin Cash network continues to be heavily criticized, as the "stress test" of the bitPico coders group revealed "fake decentralization". The data collected from the Bitokin (BTC) and Bitcoin Cash (BCH) GitHub repositories in recent weeks have led to a series of sharp contrasts in network performance by users of the series. Uploaded on Twitter on July 15, Bitcoin"s statistics show the active contributions of developers, which can not be said about the calm on the chart of ... Read more about " Fake decentralization of Bitcoin Cash " on coinatory.com

A few weeks after the announcement of the attack on the Bitcoin Cash network, a group of Bitpico hackers reported that altcoin suffers from massive centralization of nodes. A screenshot was published showing that 98% of IP addresses are physically located close to each other, according to the CCN website. Network BCH annually spends $ 1.2 million on nodes Then a group of hackers estimated that the launch of each of the nodes cost the Bitcoin Cash network approximately $ 100, while the estimated monthly costs were $ 100,000. According to ... Read more about " Bitcoin Cash network is strongly centralized " on coinatory.com

The Purse service, which allows you to make purchases from Amazon in bitcoins, has now added Bitcoin Cash as a payment method. This news was shared by the head of Bitmain, Jihan Wu in his twitter account on June 28. Service Purse gives the opportunity to make purchases on Amazon for the cryptocurrency. Previously, the system used only bitcoin, but now users have the opportunity to pay with Bitcoin Cash. Bitcoin Cash is the fourth largest cryptocurrency in the world. Its price is 704 US dollars, the capitalization is equal to 12.1 b ... Read more about " Amazon shopping with Bitcoin Cash " on coinatory.com

The Securities and Exchange Commission issued clear regulatory principles regarding the country"s regulatory framework for cryptocurrencies and ICO. The news portal freedman.club reports that the Securities and Exchange Commission of the Kingdom of Thailand (SEC) has sounded strict principles concerning the regulatory framework of the country for regulating digital currencies and conducting ICO. Previously, we wrote about some changes in Thai law regarding the taxation of Thai crypto investors, and at the same time, some principles of ICO ... Read more about " SEC of Thailand approved 7 cryptocurrencies for local exchanges " on coinatory.com