Bitcoin Civil War: Bitcoin vs. Bitcoin Cash

 SegWit opponents are to launch a user-activated hard fork (UAHF) to create Bitcoin Cash
01 August 2017   1937
Blockchain

Distributed database that is used to maintain a continuously growing list of records, called blocks

Hardly had the UASF been successfully activated, new threat looms over it. 

The Bitcoin blockchain may be just hours away from its major fork: SegWit opponents are to launch a user-activated hard fork (UAHF) to create Bitcoin Cash, a cryptocurrency competing with Bitcoin. 

Bitcoin

Is the first decentralized peer-to-peer payment network that is powered by its users with no central authority or middlemen

Bitcoin Cash

A new cryptocurrency representing a hard-forked version of Bitcoin, different from it in the blocksize limits

Bitcoin Cash is to activate new rules that aim to boost transaction capacity by increasing the block size to 8MB, removing Segregated Witness (SegWit) and "breathing new life into Bitcoin".

Since Bitcoin Cash is forking the Bitcoin blockchain, most Bitcoin holders will automatically receive an equal number of Bitcoin Cash, as Bitcoin Cash team reports. 

According to the Bitcoin Cash website, the following exchanges have announced they will credit Bitcoin Cash to traders holding Bitcoin:

Exchanges supporting Bitcoin Cash Exchanges supporting Bitcoin Cash

On top of that, despite the fact that the actual Bitcoin Cash coins do not exist yet, ViaBTC enabled traders to trade its futures under symbol "BCC' by temporarily freezing their BTC balances on the platform:

Bitcoin Cash price chart fon ViaBTC Bitcoin Cash price chart fon ViaBTC

Whether or not the miners will get behind Bitcoin Cash remains to be seen. In any case, the event we are lucky to observe right before our eyes is one of the most important in Bitcoin history as well as in entire cryptocurrency history.

Bittrex to List LOOM

LOOM is the token of the American startup Loom Network, which launches decentralized applications
18 July 2018   109

Popular cryptocurrency exchange Bittrex listed Loom Network token LOOM. 

As the team of the exchange said, trading with the crypto currency will begin in the near future. On the background of this news, LOOM showed a price jump fo 14%.

LOOM Price Chart
LOOM Price Chart

LOOM is the token of the American startup Loom Network, which is launching decentralized applications.

In January, Bittrex tightened the criteria for listing new tokens. Now, developers need to provide technical information about the token itself, as well as the data of at least one team member. At the moment, the exchange has 290 digital coins.