Distributed database that is used to maintain a continuously growing list of records, called blocks
Bitcoin Cash, a new cryptocurrency competing with Bitcoin, has emerged as a result of the Bitcoin blockchain hard fork.
The community's attitude to BCH remains a bit diverse. Thus, while some exchanges (like Coinbase) are not going to rush to add BCH trading to their lists, the others give a warm welcome to BCH tokens.
Is the first decentralized peer-to-peer payment network that is powered by its users with no central authority or middlemen
Thus, the fifth wolrd's digital currency exchange Bitfinex added BCH/USD, BCH/BTC and BCH/ETH traiding pairs.
We are now live with BCH/USD, BCH/BTC & BCH/ETH trading. $BCH
— Bitfinex (@bitfinex) August 2, 2017
A new cryptocurrency representing a hard-forked version of Bitcoin, different from it in the blocksize limits
When the BCH tokens were distributed, instead of the ratio of 1: 1 there was a 0.8539 coefficient. It means that if a Bitfinex user has 1 BTC, then 0.8539 BCH is charged to him. As explained by the representatives of Bitfinex, this calculation methodology takes into account the aggregate of open long and short marginal positions on the exchange.