Bitstamp launches Bitcoin Cash

After a series of announcements one of the major cryptocurrency exchanges Bitstamp will finally officially launch Bitcoin Cash 
05 December 2017   2120

Bitstamp crypto exchange has been making announcements about launching the cryptocurrecny Bitcoin Cash during several months, at first stating that it will be added by the end of September of 2017, then making a new claim stating that BCH will be launched some time in December 2017. Finally, Bitstamp exchange made a decision and announced that Bitcoin Cash trading starts today, on December 5.

At the moment of press, these are main market parameters of Bitcoin Cash:

  • Average price: $1 578.91
  • Marketcap: $26 586 752 344  
  • 24h volume: $804 982 000

Bitcoin Cash May Upgrade to 32MB Block Size This Spring

The initial upgrade to 32MB should kick in on May 15, 2018 followed by a subsequent upgrade deployment in November
21 March 2018   59

Bitcoin ABC, Bitcoin Cash Development team, which is also collaborating with many other cryptocurrency-related projects, has issued a report in 2017 enlisting its major goals for next 6 - 12 months, and stating that the top priority for Bitcoin Cash is to keep improving it as a great form of money. 

Developers of Bitcoin Cash claimed that they will do their best to enable enhanced features facilitating use-cases such as timestamping, representative tokens, and more complex transaction scripting.

One of the most important features that are to be implemented is the protocol upgrade when Median Time Past reaches timestamp 1526400000, which is May 15, 2018, and a subsequent upgrade for 6-months later when Median Time Past reaches 1542300000, which is November 15, 2018. Basically, that means that the initial upgrade to 32MB should kick in on May 15, 2018 followed by a subsequent upgrade deployment in November. 

Those are incredible news for the community of Bitcoin Cash, as larger block size could make it a faster and lower-fee peer-to-peer system. For sure the protocol upgrades will need solid implementation with lots of time for review and testing, and we will report about the details of the upgrades as more information comes.