Bitcoin ABC Issues Compulsory Bitcoin Cash Update

The hard fork with updates to take place in November

Tue, 21/08/2018 - 11:53

Bitcoin ABC Issues Compulsory Bitcoin Cash Update

Cover image via U.Today

The hard fork for Bitcoin Cash (BCH) is planned for mid-November but the head of the BCH team has decided to let it flow in the ecosystem already now.

The BCH creators have scheduled several forks to make BCH a better form of virtual cash used on an everyday basis. Their goal is to “change human freedom and prosperity” by using their new virtual coins.

So far, the update has hardly helped the BCH rates to grow. Overnight, the price dropped eight percent and the coin is still trading at $533.65, according to Coinmarketcap.com.

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Yuri Molchan

Yuri is interested in technology and technical innovations. He has been writing about DLT and crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. He has written for multiple crypto media outlets. His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.