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Bitcoin Cash Network hardfork implemented

Own Bitcoin Cash hardfork will not release new tokens; it is aimed to provide a new complexity recalculation algorithm
14 November 2017   925

The Bitcoin Cash hardfork was held, as planned, on Monday, November 13, at block 504031, however, this event occurred a few hours after the previously announced time.

This fork is aimed at improving the existing complexity algorithm and assumes, among other things, a predictable time for confirming transactions on the network. According to the idea of ​​the developers, this parameter will be 10 minutes.

In addition, new features should help to avoid sudden changes in complexity with a relatively stable hash and perform a quick recalculation of the complexity with its rapid change. It is also expected that after the fork, the Bcash network will become resistant to certain attacks, for example, by manipulating timestamps.

It should be noted that by the moment of fork the profitability of BTC mining was 3 times higher than the similar indicator of BCH. This index is calculated on the basis of such factors as the amount of commissions, the market rate and the complexity of mining. At the moment of press this index reduced to 1.26.

Mining profitability
Mining profitability

On the eve of today's event, the price of Bitcoin Cash, having demonstrated unparalleled growth over the weekend, updated the historic high ($ 2477.65 on Coinmarketcap).

Bitcoin Cash price chart
Bitcoin Cash price chart

This was followed by an equally impressive fall: at some point on Monday the price of the coin fell to $ 1043. By the time of the fork, the BCH rate had risen to $ 1,436. At the moment of press, average BCH price is $1254.69.

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Dow Jones' MarketWatch to Track Additional 8 Cryptos

Now it also shows data on  Ethereum, Ripple, Bitcoin Cash, Litecoin, Ethereum Classic, Monero, Dash and Zcash
25 April 2018   95

MarketWatch, the news department of the Dow Jones Media Group begun to track the market movements of eight new cryptocurrencies. This is reported by Coindesk.

The MarketWatch website tracks the bitcoin price from 2014, but from now on, users will also be offered data on Ethereum, Ripple, Bitcoin Cash, Litecoin, Ethereum Classic, Monero, Dash and Zcash.

The new service will publish real-time quotations of these coins against the US dollar and the euro, as well as historical trends in the price movement, using the data from the Kraken crypto exchange.

It's no doubt that our readers, as the world's savviest investors, have an eye on digital currency and we're happy to be expanding our real-time tracking of a total of 9 cryptocurrencies in both Euro's and USD, with Kraken's help.
 

Dan Shar

General Manager, MarketWatch

Last week, the financial news agency Dow Jones Media Group announced a partnership with the Brave startup. Within its framework, DJMG will test the possibilities of a blockbuster-developed platform for online advertising developed by a start-up, and will provide access to premium content of Barron's MarketWatch publications to about 2 million users of the Brave browser.