return. When it comes to network upgrades, Bitcoin is forex online bormancorp more democratic. On the day of the fork, every BTC address suddenly had a twin existing on the BCH network. In technological vernacular, this term is usually used to refer to an upgrade or change in protocol. This means that Bitcoin holders as of block 478558 (August 1st, 2017 about 13:16 UTC) have the same amount of Bitcoin Cash as they had Bitcoin at that time. So Bitcoin forked into two different currencies, each sharing a common transaction history from before the fork.
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Bitcoin Cash is peer-to-peer electronic cash for the Internet. Both cryptocurrencies are open source, using the same Proof-of-Work algorithm (SHA-256) and have the same scarcity (21 million coins will ever be created). This means any Bitcoin acquired after the split does not include any Bitcoin Cash, and any Bitcoin Cash does not include any Bitcoin. Mistakenly sending BTC to a BCH address, or vice-versa will frequently result in the loss of bitcoin iex usd those funds. It is possible to rescue funds if you have accidentally sent BTC to a BCH address, or vice-versa.
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