21 BTCBitcoin Cash splits off
In plain words
1 Aug 2017: A hard fork creates Bitcoin Cash with bigger blocks; Bitcoin keeps its rules.
What happened
A hard fork creates Bitcoin Cash with bigger blocks; Bitcoin keeps its rules.
See also
- SegWit (Segregated Witness)SegWit was a 2017 upgrade that moved signatures into a separate part of the transaction. It fixed a long-standing bug, made room for more transactions and opened the door to the Lightning Network.
- BlockA block is a batch of Bitcoin transactions added to the chain about every ten minutes. The miner who finds it collects the new coins and the fees.
References
- en.wikipedia.org en.wikipedia.org