The most popular and trusted block explorer and crypto transaction search engine. Bitcoin (BTC) Stats. Transactions count, value, Bitcoins sent, difficulty, blocks count, network hashrate, market capitalization. The natur-holzbausteine.de Explorer provides block, transaction, and address data for the Bitcoin Cash (BCH) and Bitcoin (BTC) chains. The data is displayed within an awesome interface and is available in several different languages.
Bitcoin cash transaction infoBitcoin Cash (BCH) Block Explorer
He developed the software necessary to run a full node in the BCH network to keep it functioning. Currently, BCH is one of the best Bitcoin forks on the market. Another fork is expected in November in which the groundwork for smart contracts will be implemented as well as an increase of the block size to MB. As mentioned before, Bitcoin Cash is a fork of Bitcoin, hence their blockchains are similar in function and architecture. BCH relies on the blockchain open ledger technology to achieve fast transactions, security, immutability, and anonymity.
The block size is currently 32MB and new blocks can be found roughly every 10 minutes. Currently, the reward for a mined block is It regularly monitors the network and the block count in the last 24 hours, reacting accordingly. Nodes are the backbone of the network. Depending on their function they will need to download a part of the full blockchain history.
All users that connect and operate in the blockchain can be considered as a node. There are two types:. As mentioned earlier, Bitcoin Cash is a hard fork of the Bitcoin network. A part of the nodes in the network decided that they would disagree with the rest and caused a split in the blockchain. This is how they wanted to resolve the scalability of the network. You can either mine it with hardware that is specialized for the task or buy BCH from exchanges.
BCH is a very popular coin nowadays and because of that, it is offered on most exchanges that have the option to trade with fiat currency. These machines have a specially designed architecture of their microchips to mine crypto using a specific hashing function.
To be able to do anything in a blockchain network, you will need a wallet. Bitcoin Cash is a cryptocurrency that is a fork of Bitcoin. Two subsequent chain splits of Bitcoin Cash have occurred after the original split from Bitcoin. Bitcoin Cash is sometimes also referred to as Bcash. The need to accommodate an increasing count of transactions per second contributed to a push by some in the community to create a hard fork to increase the block size limit. Since its inception up to July , Bitcoin users had maintained a common set of rules for the cryptocurrency.
The would-be hard fork with an expanded block size limit was described by hardware manufacturer Bitmain in June as a "contingency plan" should the bitcoin community decide to fork implementing SegWit; the first implementation of the software was proposed under the name Bitcoin ABC at a conference that month.
The change, called a fork , took effect on 1 August As a result, the bitcoin ledger called the blockchain and the cryptocurrency split in two. A Hong Kong newspaper likened this to a new version of word processing software saying: . Bitcoin cash is like a new version of Microsoft Word , which generates documents that can no longer be opened via the older versions. Bryan Kelly, a stock analyst likened it to a software upgrade: . But in this particular case, everybody is not agreeing.
At the time of the software upgrade also known as a fork anyone owning bitcoin came into possession of the same number of Bitcoin Cash units. A key difference of opinion between Bitcoin Cash and Bitcoin camps was over the running of nodes. Bitcoin supporters wanted to keep blocks small so that nodes could be operated with less resources, while some Bitcoin Cash supporters find it acceptable that due to large block sizes , nodes might only be run by universities, private companies and nonprofits.
In Bitcoin Core developer Cory Fields found a bug in the Bitcoin ABC software that would have allowed an attacker to create a block causing a chain split. Fields notified the development team about it, and the bug was fixed. Andreas Antonopoulos , "The Verge". In there were two factions of Bitcoin supporters: those that supported large blocks and those who preferred small blocks.
Both Bitcoin, as well as Bitcoin Cash, use a proof-of-work algorithm to timestamp every new block. The proof of work algorithm used is the same in both cases. It can be described as a partial inversion of a hash function.
Additionally, both Bitcoin and Bitcoin Cash target a new block to be generated every ten minutes on average. The time needed to calculate a new block is influenced by a parameter called the mining difficulty.
If the total amount of mining power increases, an increase of the mining difficulty can keep the block time roughly constant. Vice versa, if the mining power decreases, a decrease of the mining difficulty can keep the block time roughly constant. To keep the block generation time equal to ten minutes on average, both Bitcoin and Bitcoin Cash use an algorithm adjusting the mining difficulty parameter. This algorithm is called the difficulty adjustment algorithm DAA.
Originally, both Bitcoin and Bitcoin Cash used the same difficulty adjustment algorithm, adjusting the mining difficulty parameter every blocks. EDA adjustments caused instabilities in mining difficulty of the Bitcoin Cash system, resulting in Bitcoin Cash being thousands of blocks ahead of Bitcoin. The change took effect on 13 November To calculate the difficulty for a new block, the Bitcoin Cash DAA uses a moving window of last blocks.
A group of researchers demonstrated that, as of June , Bitcoin DAA fails to generate new blocks at a constant rate as long as the hash supply is elastic. In contrast to that, the group demonstrated that Bitcoin Cash DAA is stable even when the cryptocurrency price is volatile and the supply of hash power is highly elastic.
The split originated from what was described as a "civil war" in two competing bitcoin cash camps. From Wikipedia, the free encyclopedia. Cryptocurrency that is a fork of Bitcoin. Issuance will permanently halt around at 20,, The arguments have devolved over three or four years of bitter debate, the principles are real and they are important to preserve, but a lot of the drama has nothing to do with principles anymore.
A lot of this debate is now more about hurt feelings. Best block time: Network nodes: 1, Transactions: 98, On-chain volume: 13,, BCH. Hashrate: 1. Txs per second: 1. Mempool Recommended fee: 1 satoshi per byte. Transactions: 1, Size: 0. Explorers Blockin BTC. Awesome Bitcoin Cash services Exchanges. Crypto processors.