The splitting of Bitcoin Blockchain had begun at August 1, 12.20 UTC ( around 6 pm in India ).
Some of the Bitcoin miners started operating a different software in order to create the much hyped cryptocurrency called Bitcoin Cash.
This move will effectively find a minority of users forging ahead with their own Blockchain, one that shares a transaction history with Bitcoin (BTC).
As explained in our previous article, Bitcoin Cash – will raise the size of the network’s transaction blocks while ignoring other capacity upgrades. $
Click here to view the list of Exchanges and Wallets supporting Bitcoin Cash.
According to the data from BTCForkMonitor.info, the splitting started around 12.37 pm UTC. The nework reached block 478,558 when the splitting started.
Bitcoin Cash needs to process a block that is greater than 1 megabyte (MB) in size in order to seal the split.
Bitcoin prices rose to a day-high to $2,925.03.
As Bitcoin holders were supposed to be rewarded by Bitcoin Cash, various traders didn’t sold their holdings.
Future Price for Bitcoin cash was $243.84 at the time of publishing this article.
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