BTC to undergo a hard fork in January: Bitcoin Cash Plus

Bitcoin Cash Plus is a hard fork of Bitcoin, which will bring Peer-to-Peer Electronic Cash, has nothing to do with Bitcoin Cash and is scheduled for January 2nd, 2018  
25 December 2017   4873

There are a lot of Bitcoin forks that have already been implemented and there are a lot hard forks which are coming. Bitcoin Cash Plus is a hard fork of Bitcoin, which aims to fulfill the original promise of Bitcoin as "Peer-to-Peer Electronic Cash".

As it is stated on the official website of the hard fork, all Bitcoin holders as of block 501407 will become owners of Bitcoin Cash Plus at 7 a. m. on January 2, 2018.

Bitcoin Cash Plus logoBitcoin Cash Plus hard fork logo

Bitcoin Cash Plus features:

  • A network that runs without congestion
  • Low fees that allow users to send money globally for pennies
  • A simple, easy to use currency
  • A stable payment system that functions as a proven store of value
  • A secure platform built on the world’s most robust blockchain technology
  • On chain scalability with an increased default blocksize limit of 8MB
  • Decentralized mining through the Equihash PoW algorithm

Nevertheless, the GitHub link does not provide any repositories, and the Nodes, Wallets and Team sections on Bitcoin Cash Plus website are empty. The project appeared in the web on November 15, and the testnet launch was scheduled for December 12, but still did not occur. As soon as the launch of new cryptocurrency is scheduled for January 2 of 2018, we can just wait and see what the new hard fork will bring.

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

  • Average price: $14 123,80
  • Marketcap: $236 743 305 086
  • 24h volume: $11 244 500 000

Fidelity Investments to Launch BTC & ETH Platform

New platform is designed for institutional investors
16 October 2018   121

One of the world's largest asset managers, Fidelity Investments, announced the launch of a unit focused on providing institutional investors with Bitcoin and Ethereum services. The Forbes reports.

The new division received the name Fidelity Digital Assets and, possessing a staff of 100 employees, will provide a platform for trading cryptocurrencies and consulting services 24/7.

The platform already has first customers, but its launch for a wider range of investors is scheduled for the beginning of 2019.

This is a recognition that there is institutional demand for these assets as a class. Family offices, hedge funds, other sophisticated investors are starting to think seriously about this space.
 

Tom Jessop

Founding head, Fidelity Digital Assets

In particular, Fidelity Digital Assets will offer a transaction service that, using internal cross-connect and order routers, will trade through third-party liquidity providers.

One of the most popular offers by the company can also be a service for storing Bitcoin and other cryptocurrencies. It is physical storage, distributed in different geographical locations and offering the so-called "cold" storage of digital assets. This way of storing cryptocurrencies without access to the Internet and with a multi-level control system is considered to be one of the safest and most resistant to hacking today.

As the CEO of Fidelity Investments, Abigail Johnson, said, the goal of the new platform is to make digital assets like Bitcoin more accessible to investors.

Fidelity Investments is considered the fifth largest asset manager in the world, offering investment and custody services to 13,000 consulting firms and brokers. In total, the company manages assets worth $ 7.2 trillion.