Bitcoin Cash News (BCH) - Page 9

Trezor and Ledger Will Support Bitcoin Cash
Trezor, a bitcoin wallet that seemingly supports other digital currencies like ethereum and Zcash, has today come out in support of Bitcoin Cash. ?We will provide an interface, accessible from Trezor Wallet, where you can access and safely claim your Bitcoin Cash coins. You will be prompted by Trezor Wallet once you select ?Bitcoin Cash? in the currency selector. After this, you can use Bitcoin and Bitcoin Cash side by side,? Trezor said. Their decision was taken after Bitcoin Cash implemented protection against replay attacks which now means ?Trezor can support the currency safely,? they say. Ledger Wallet came out in support of Bitcoin Cash even before replay protections were added, with their owner seemingly a strong supporter of Bitcoin Core, but to his credit, has been neutral in business judgments. Ledger says:
January 08, 2019 8:35 PM

Coinbase's PayPal Like Plugin Integrates With Shopify, Allowing Two Minutes Set Up For Merchants to Accept Ethereum, Bitcoin, Bitcoin Cash and Litecoin
Shopify, an e-commerce platform with 500,000 merchants handling $45 billion in yearly volume, has integrated with Coinbase Commerce, allowing for easy set-up of ethereum, bitcoin, bitcoin cash and/or litecoin payments. The integration has made it as easy as going to Shopify?s Settings, selecting Payment providers, then in the Alternative Payments section you click Select additional payment method to choose Coinbase Commerce. At which point, you?re pretty much done and ready to start accepting crypto payments through a fairly smooth interface. We have not yet received a confirmation regarding what fees Coinbase charges, with some saying they currently charge none.
January 08, 2019 8:33 PM

Craig Wright Affiliated Pools Gain 50% of the Bitcoin Cash Hashrate
Bitcoin Cash mining centralization has now reached the point where just two pools currently control precisely 50% of the hashrate (pictured above). According to reports, the Craig Wright affiliated Coingeek and Wright?s BMG Pool reached as high as 58% at some point today. This considerable increase in hashrate may be due to variance, but even for the past seven days the two pools controlled 44% of the hashrate, which may now rise further. As far as we are aware, the two pools have different operators, but Wright and Calvin Ayre of Coingeek are fairly close, so collusion and an intentional 51% attack can be on the cards.
January 08, 2019 8:31 PM

F2Pool, Antpool, Start Mining Bitcoin Cash, 50 Blocks Found in One Hour
One of bitcoin?s biggest pool, F2Pool, has today started mining Bitcoin Cash. Joining Antpool, which began doing so yesterday,, and many other miners. Most of the big miners are now attributing some of their hashrate to Bitcoin Cash, with F2Pool quickly rising to take 15% of the network?s hardware share. Twice higher than Antpool, but still somewhat below ViaBTC. The latter has given their miners free choice. By far, they are opting for Bitcoin Cash which is nearing 10x more hardware share on ViaBTC than Bitcoin Core. Bitcoin Core, in turn, is loosing considerable hardware share on ViaBTC. More than halved in the past few days from some 350 Petahertz to 150P.
January 08, 2019 8:30 PM

Bitcoin Cash Added to BitPay Visa Debit Card
BitPay is continuing to slowly add support for Bitcoin Cash (BCH) with the company announcing you can now fund the BitPay Visa Prepaid Card through BCH payments. The card itself costs around $10 and is available only in USA, with BitPay hoping to roll it out in Europe and other regions in the future. To top it up, you simply send the crypto to the QR code address, with it then instantly converted into dollars, allowing you to use it like a normal card pretty much everywhere. ?These two blockchains have differing exchange rates, network fees, and confirmation times. You can do a side by side comparison whenever you are making a payment so you can decide which payment method works best for you,? BitPay says before showing a screenshot of bitcoin and bitcoin cash:
January 08, 2019 8:28 PM

You Can Now Accelerate Your Stuck Bitcoin Transaction by Paying with Bitcoin Cash
Unconfirmed bitcoin transactions can now be confirmed within minutes by paying only with Bitcoin Cash for an acceleration service run by The network is suffering considerable congestion due to limited capacity, with some 30,000 transactions stuck, while fees are running at around $5. Miners usually prioritize the highest fee transactions, but there are no consensus rules that enforce what transaction should be included in a block, or whether any should be included at all, with many zero block transactions mined. As such, miners can choose to include even zero fee transactions if they like, but so being profit motivated they have not done so out of the good of their heart.
January 08, 2019 8:28 PM

Coinbase and Gdax Reiterate Their Position on Bitcoin Cash: Njet!
Who would have thought Bitcoin Cash would most strongly be opposed by none other than Coinbase, an exchange whose CEO has so tirelessly, so loudly, advocated for bigger blocks over so many months. Just if anyone was slightly unclear or had any doubt whatever, Gdax has made a reiterating statement, largely mirrored by Coinbase, which says in definitive terms: ?If there are two separate digital currencies? ? bitcoin (BTC) and bitcoin cash (BCC)? ? customers with bitcoin stored on GDAX will only have access to the current version of bitcoin we support (BTC). Customers will not have access to, or be able to withdraw, bitcoin cash (BCC).?
January 08, 2019 8:26 PM

Newegg, Namecheap, 100,000 Merchants Start Accepting Bitcoin Cash
Bonanza. More than 100,000 BitPay merchants are now accepting Bitcoin Cash with the option seemingly automatically turned on for all of them. We tried testing Microsoft Store, but unfortunately they did not even show bitcoin anymore from London. Newegg, however, is happy to accept both currencies, as is Namecheap, Vultr and many, many others. It appears Bitcoin Cash has been fully integrated in the service, with merchants waking up this morning to suddenly find out they are accepting this new green thing. ?I just checked my merchant account. Apparently I?m accepting bch now, but I have no option to receive it. Hopefully that gets addressed soon,? one merchant says.
January 08, 2019 8:24 PM

Cory Fields Reveals Now Fixed Critical Bug in Bitcoin Cash That Could Have Chain-Split the Currency
Cory Fields, a Bitcoin Core developer who joined the project around 2013 through MIT?s Digital Currency Initiative, anonymously revealed in April a critical bug in one of the main Bitcoin Cash clients which could have split the currency. In a follow up statement, Bitcoin ABC explained the bug as allowing an attacker to create in incompatible transaction which when mined in a block would have led to a fork. They say: ?An attacker may construct a malicious transaction which would be accepted by Bitcoin-ABC 0.17.0 and mined into a block. This block would be rejected by all other versions of Bitcoin Cash compliant implementations. The malicious transaction would contain the bitflag of 0x20 set in the signature hash type.?
January 08, 2019 8:22 PM

Bitcoin Cash to Adjust Difficulty Algorithm in Two Weeks
Bitcoin Cash is finally to update its difficulty algorithm, targeting an average confirmation time of ten minutes, through a hardfork expected to occur on or around November 13th, exactly two weeks from today. ?The original Bitcoin Cash ?EDA? allowed Bitcoin Cash to survive as a minority chain but produces wild fluctuations of hashrate. This is problematic because it prevents consistently fast confirmations for users, and radically shifts the coin issuance schedule,? the project said in a statement. Therefore, they are to change it to a new algorithm proposed by Amaury Sechet, the lead developer of Bitcoin Cash. That was selected among three contenders, the other two being from Tom Harding and Neil Booth who manage different Bitcoin Cash clients.
January 08, 2019 8:22 PM

Bitcoin Cash Nears $1,000, Why is BCH Rising More Than Others
When there?s some excitement in the air, children are first to get a bit bubbly, and then of course to jump up and down happy like no other. That may be what is currently going on in the crypto-space. After sentiment begun to turn at the beginning of the month, with ethereum and bitcoin slowly rising, Neo jumped like a little child in excitement. Then Golem jumped, although they had some good news, OMG jumped, yesterday Monero joined the party, but today it?s bitcoin cash raising the question: why is it rising? We don?t see any particular reason for it rising slightly faster than the others in the past two days, so it may well be just sentiment and perhaps sort of pricing in of news not taking into account during the bear market.
January 08, 2019 8:22 PM

One of Bitcoin's Biggest Mining Pool, BTC.TOP, to Start Mining Bitcoin Cash
One of bitcoin?s biggest mining pool, which currently controls 11% of the network, is to start mining Bitcoin Cash this Monday after the currency rose to become 119% more profitable to mine than Bitcoin Core. ?You can mine BCC on soon. You can change your pool to We have over 1000 P hash power right now. We will start to mine BCC on Monday officially. It?s convenient and simple. Our pool will switch to the most profitable chain automatically, let you make 30% more profit everyday,? said a BTC.TOP personnel according to a rough translation obtained by trustnodes. Jiang Zhuo?er, BTC.TOP?s founder, told trustnodes that they will ?offer options, if the miners want to mine BCC, they can change pool setting.?
January 08, 2019 8:21 PM

Bitcoin Cash Spikes 30%
Bitcoin Cash is up and up, rising by some 30% in the past 24 hours from $440 to $580 at the time of writing on increased volumes of $1.4 billion. The USD/T pairs are leading, followed by South Korea, with Coinbase handling some reasonable volumes for BCH in the past 24 hours at $41 million. The considerable jump, starting at 2PM London time on Wednesday and continuing today, was somewhat unexpected with the reason for it unclear. It may be due to one of BCH?s biggest backer, Bitmain, filing papers to IPO. Bitmain holds about a million BCH and they may raise billions in the IPO, but its relation to the price action appears to be somewhat tenuous.
January 08, 2019 8:19 PM

The Big Bitcoin Cash Question: Green or Orange
There is a big problem in the Bitcoin Cash land, no one seems to know whether they should go green or stay orange. On team orange we have CoinMarketCap, one of the biggest crypto site f5-ed by everyone every 0.5 seconds with some even daring to go down the rabbit hole of the 1,426 currencies. Yes, there?s TrumpCoin, BianceCoin and everything in between, but lets get back to this huge problem, is green the new orange or is orange the? erm? just orange? Coinmarketcap is not necessarily showing a preference for orange. They?re just going by whatever the bitcoin cash site says. But keeping orange has support. It?s more visible, it?s loud, bold, it?s fun and cheery, it?s the color bitcoin always used, and since Bitcoin Cash is bitcoin, it?s the color it should use, team orange says.
January 08, 2019 8:16 PM

EOS (EOS) Is a Scam, Ethereum (ETH) Is Stupid, While Bitcoin Cash (BCH) Is Useless, Thinks Jimmy Song | Oracle Times
In an interview with Crypto Insider, the renowned Bitcoin (BTC) developer and educator Jimmy Song expressed his opinions on some of the most popular altcoin in the cryptocurrencies market. According to him, EOS (EOS) is a scam, Ethereum (ETH) is amateurish and stupid, while Bitcoin Cash (BCH) ?has no reason to exist.? However, Jimmy Song thinks the blockchain industry developed very fast over the last years, but not every cryptocurrency project is fair or useful in his vision. Crypto Insider?s Vlad Costea asked Jimmy Song how it was working on Bitcoin (BTC) in comparison to other blockchain projects such as EOS (EOS).
January 08, 2019 7:46 PM

Google Includes Ethereum (ETH), Litecoin (LTC) And Bitcoin Cash (BCH) In Its Crypto-To-Cash Converter | Oracle Times
If you want to find out exactly just how much your crypto is currently worth in cold hard cash, the process that you have to go through can be a bit challenging so to speak. On the other hand, when it comes to Bitcoin, Google made sure to make this process as easy as possible for a few months now. We?re referring to the fact that the tech giant created a more than useful crypto-to-cash converter that basically shows up when you search for the word Bitcoin in Google. Regarding Ethereum and other altcoins, Google has been far less accommodating before but now it seems that things have totally changed.
January 08, 2019 7:38 PM

Jack Liao, the Person Behind Bitcoin Gold Aims to Compete with Bitcoin Cash | NEWS.8BTC.COM
Please use WeChat scan two-dimensional code login Bitcoin Gold (BTG), another forked coin bearing the Bitcoin name is set to take place on October 25. Is it a good thing for the already divided Bitcoin family to have a new member? In this series, Jack Liao, CEO of Hong Kong mining firm LightningAsic talks about how they want to protect Bitcoin by competing with Bitcoin Cash (BCH in short) and increase mining decentralization.   You criticized BCC that they broke the consensus mechanism. No offense, but I don?t think the community voted to have a forked-coin called BTG. The Bitcoin community has been sticking to the consensus mechanism and scaling solutions cannot be deployed without broad consensus. But this summer Bitmain chose to hard fork Bitcoin without showing any respect to the consensus principle. If the BCH team could do this, then I suppose as part of the ecosystem, we also have the right to upgrade the Bitcoin protocol based on our understanding of Bitcoin to promote the further prosperity of the Bitcoin ecosystem.
January 08, 2019 5:19 PM

After BSV's planned 51% attack Bitcoin Cash failed it appears a similar attack has succeeded on Ethereum Classic. Coincidence or related
A major cryptocurrency exchanges said Monday that it had suspended movement of widely known token ethereum classic after it detected a potential attack on the digital coin's underlying technology. The exchange and wallet firm, Coinbase, said it had detected a so-called "chain reorganization" in which nearly $500,000 worth of ethereum classic was spent twice ? an anomaly that is extremely rare for cryptocurrencies, but represents one of the biggest threats to the technology's success. It could have been the result of what is known as a 51 percent attack, exposing a potential flaw in the cryptocurrency's underlying technology known as the blockchain.
January 08, 2019 4:44 PM

Coinbase Reopens Bitcoin Cash [BCH] Trading With Prices Sharply Lower
Bitcoin Cash technical analysis for 21st November 2018. Bitcoin Cash has drastically decreased in price since its fork. As major exchanges reopen trading in the cryptocurrency, we examine the factors behind this decline and where price may move from here. Most major exchanges halted trading in Bitcoin Cash while the controversial hard fork was taking place last week. Exchanges which remained open such as Kraken saw Bitcoin Cash drastically depreciate in price. Prices on Kraken declined around 40% since the time the fork took place. Coinbase reopened trading in Bitcoin Cash today, and the price opened sharply lower to reflect the depreciation of the last few days. While Coinbase halted trading at $415 on the 15th November, price reopened today at $275. Price continued to decline to a low around $210 after opening but has since begun to rise back up and currently trades around $258.
January 08, 2019 4:21 PM

What Does Roger Ver Have to Say about Bitcoin Cash after the Fork | The Coin Shark
The CEO of and a crypto enthusiast Roger Ver was one of the most important figures that let the hard fork of Bitcoin Cash happen. Recently, he spoke with Naomi Brockwell in a live stream on Youtube and discussed the post hard fork BCH. Here are some of the most important highlights of his speech. Firstly, Roger Ver explained that the main reason of the split is different vision of Bitcoin Cash coming from different members of the crypto community, so this step was crucial in the development of the coin. Secondly, he mentioned the fact that the recent attacks aimed at BCH ABC and BCH SV were most likely conducted by the developers of Bitcoin Core, since they simply didn?t like the coin.
January 08, 2019 3:32 PM

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