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Who is the Creator of Bitcoin Cash?
Bean Cup Coffee2024-09-21 08:42:30【bitcoin】8people have watched
Introductioncrypto,coin,price,block,usd,today trading view,Bitcoin Cash (BCH) is a cryptocurrency that was created as a result of a hard fork from Bitcoin (BTC airdrop,dex,cex,markets,trade value chart,buy,Bitcoin Cash (BCH) is a cryptocurrency that was created as a result of a hard fork from Bitcoin (BTC
Bitcoin Cash (BCH) is a cryptocurrency that was created as a result of a hard fork from Bitcoin (BTC) in August 2017. The hard fork was initiated to address some of the limitations of the original Bitcoin network, such as scalability and transaction fees. Since its inception, Bitcoin Cash has gained a significant following and has become one of the top cryptocurrencies by market capitalization. But who is the creator of Bitcoin Cash?
The creator of Bitcoin Cash is known as "Bitcoin ABC," a pseudonymous individual or group of individuals who are responsible for the development and maintenance of the Bitcoin Cash protocol. Bitcoin ABC is not a single person, but rather a collective of developers who have contributed to the project over time.
Bitcoin ABC was founded by Roger Ver, a prominent figure in the cryptocurrency community and an early investor in Bitcoin. Ver is often credited with being one of the key figures behind the creation of Bitcoin Cash. He has been a vocal advocate for the cryptocurrency and has played a significant role in promoting its adoption.
However, it is important to note that the creation of Bitcoin Cash was not a solo effort by Roger Ver. Many other developers and community members have contributed to the project, including Amaury Séchet, who is the current lead developer of Bitcoin ABC. Séchet has been instrumental in the development of the Bitcoin Cash protocol and has played a crucial role in its growth and success.
The creation of Bitcoin Cash was a response to the scaling debate within the Bitcoin community. At the time, Bitcoin was facing challenges in processing a high volume of transactions, leading to increased transaction fees and slower confirmation times. Some members of the community believed that Bitcoin should be a decentralized digital currency, while others argued that it should also serve as a payment system.
The proponents of the payment system approach, including Bitcoin ABC, believed that Bitcoin should be able to handle a large number of transactions without sacrificing its decentralized nature. They proposed a hard fork to increase the block size limit from 1 MB to 8 MB, allowing for more transactions to be processed in each block.
The hard fork resulted in two separate cryptocurrencies: Bitcoin Cash and Bitcoin. Bitcoin Cash retained the original Bitcoin protocol, while Bitcoin continued with the 1 MB block size limit. Since then, Bitcoin Cash has continued to evolve and improve, with Bitcoin ABC playing a significant role in its development.
In conclusion, the creator of Bitcoin Cash is a collective of developers known as Bitcoin ABC, with Roger Ver and Amaury Séchet being two of the key figures behind the project. The creation of Bitcoin Cash was a response to the scaling debate within the Bitcoin community, and it has since become a successful cryptocurrency with a strong following. Who is the creator of Bitcoin Cash? It is a collaborative effort by a dedicated group of developers who have worked tirelessly to make Bitcoin Cash a viable and innovative cryptocurrency.
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