For the most complete data on all crypto currencies check: https://coincheckup.com | The crypto research platform.
Full credits for this video to NewsBTC who listed the info in this video on an article on their website:
https://www.newsbtc.com/?s=Another%20Hard%20Fork%2C%20Will%20Bitcoin%20Cash%20%28BCH%29%20Tank%20or%20Soar%20in%20Response%3F
——–
Crypto tags:
#BitcoinNews#BitcoinCashNews #CryptoNews
——–
Transcript:
0:00:00 Another Hard Fork, Will Bitcoin Cash (BCH) Tank or Soar in Response?
0:00:05 This update is brought to you by “CoinCheckup News Updates” and was originally published on “NewsBTC”.
0:00:11 Six months after a contentious hard fork, Bitcoin Cash developers plan to upgrade the network to include Schnorr signatures that require less space while simultaneously promoting scalability, security, and privacy.
0:00:24 Meanwhile, Bitcoin Cash prices are stable, up 6.8 percent in the last week.
0:00:29 Roger Ver maintains that Bitcoin Cash is the real “Bitcoin” and knows little about Craig Wright’s Bitcoin SV.
0:00:36 Although Bitcoin Cash is a fork of Bitcoin, supporters claim that their big blocks make the network more scalable and therefore, there is no need for implementing layer-2, off-chain solutions like Lightning network.
0:00:47 Despite Roger Ver and Bitcoin Cash proposal, adoption levels are low and compared to Bitcoin or even the second most valuable network in Ethereum, Bitcoin Cash is lagging.
0:00:57 Even so, it is popular in Japan where “Bitcoin Jesus” resides, and the Kraken acquisition of Crypto Facilities did boost trading volumes around BCH derivatives which is positive.
0:01:08 However, a stand out is their ability to integrate solutions that make the network more resilient and private.
0:01:14 Planning for a hard fork on May 15, Bitcoin Cash developers will upgrade the system, replacing the Elliptic Curve Digital Signature Algorithm with a new signature protocol, the Schnorr Signatures that introduce privacy while making the network faster, secure and scalable.
0:01:29 Unlike the ECDSA, Schnorr signatures require less space, cutting down bandwidth requirement by a massive 25 percent.
0:01:37 At the time of press, Bitcoin Cash is stable and up 6.8 percent in the last week.
0:01:42 Despite the dragging effect of Bitcoin and their direct correlation, we expect BCH prices to be resilient.
0:01:49 Thanks for checking out this video!
If you wanna read the whole article you can go to CoinCheckup.com or go to: “NewsBTC”, who originally published this news update on their website.
——–
Other Credits:
Background music: [No Copyright Music] Chilling by ?Oshóva?
https://soundcloud.com/search?q=%3FOsh%C3%B3va%3F
Creative Commons – Ask ?Oshóva? for permission if you want to use this song.
Music promoted by Audio Library https://www.youtube.com/channel/UCht8qITGkBvXKsR1Byln-wA
* Created with https://content2video.com technology | Creating videos out of your data.
Related Post:
- BITCOIN CASH HARD FORK #BCH #BCC , SUPPORT BINANCE & COINBASE – HARD FORK d’UN FORK
- ✂️ BITCOIN: HARD FORK BITCOIN CASH 15 NOV – Edúcate y Entiende esto! – Soft Fork vs Hard Fork
- ZenCash Hard Fork Digitbyte Bitshares Hard fork | EOS Launch | EOS Classic Fork | NEO $NNS Airdrop
- EOS Launch | EOS Classic Fork | ZenCash Hard Fork Digitbyte Bitshares Hard fork | | NEO $NNS Airdrop
- Bitcoin Cash Hard Fork Bitcoin SV | Binance Coinbase Support Hard Fork | EOS is not a blockchain?
- Bitcoin Cash Hard fork – Buy or too late ? Neo Hard Fork Real or Scam ?
- Bitcoin $$$ Hard Fork | EOS Hard Fork $$$ Telos | How Bitcoin Futures affect the Bitcoin Price
- Bitcoin Cash Hard Fork (May 2018) Bitcoin ABC Upgrade – BCC/BCH Fork Youtube
- SIACOIN FORK – FREE SIA COIN CLASSIC / CASH – HOW TO CLAIM FORK COINS – WHY SIACOIN HARD FORK?
- Ethereum Hard-fork e di Bitcoin Gold Hard-fork: Soldi Gratis?
