With a hard fork scheduled for May 15th, the price of Bitcoin Cash has increased 82% in the past month, bringing its total market cap to over $25 billion.
The almost-lawsuit stems from the controversy between Bitcoin and Bitcoin Cash.
Bitcoin and Bitcoin Cash have been locked in a war for supremacy.
Many viewers believe his website is designed to confuse cryptocurrency novices into buying Bitcoin Cash instead of Bitcoin.
Recently, Bitcoin.com changed their block explorer page to refer to Bitcoin Cash as Bitcoin, and Bitcoin as Bitcoin Core.
Believing this change constituted fraud, and could cause unwitting users to lose Bitcoin by sending it to Bitcoin Cash wallets, funding for a lawsuit commenced.
With the threat of a lawsuit quelled, Bitcoin Cash has been performing admirably.
One of the reasons for the recent price growth may be Bitcoin Cash's upcoming hard fork on May 15th. While the BCH fork is a hard fork, it is not like most others where two new currencies are created.
While these codes could expand the scope of Bitcoin Cash significantly, and grant it functions similar to Ethereum smart contracts and ERC20 tokens, it is not guaranteed.
With the hard fork only days away, Bitcoin Cash is performing well.
Bitcoin Cash Up 82% Over Past Month With Hard Fork Imminent
pubblicato su May 14, 2018
by Cryptoslate | pubblicato su Coinage
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