Bitcoin Cash Soars 10 Percent

Written by:
Guest
Published on:
Apr/20/2018

Bitcoin cash was up more than 10% Friday ahead of an anticipated hard fork May 15.  It continued to outperform other cryptocurrencies in recent days.  It is up 30% in the past week. Bitcoin, by comparison, is up just 5%.  SCROLL DOWN FOR MORE



The fourth-largest cryptocurrency is promoted by industry titans Roger Ver and Calvin Ayre, both friends of the Gambling911.com website.  Ayre once appeared on the cover of the Forbes Billionaire issue. 

Bitcoin Cash split from bitcoin in a similar hard fork in 2017. 

Bitcoin ABC, an acronym for Adjustable Blocksize Cap, will increase bitcoin cash's block size to 32 MB, a fourfold increase from the original 8MB and well above bitcoin’s 1MB block size. It’s set to roll out on May 15, the developers have said.

The fork will also remove the Segwit protocol, short for segregated witness, the process by which the number of transactions in a block can be increased by moving certain signature data from transactions to the end of the block.

To date, only a handful of online betting firms, Gambling911.com-endorsed Bookmaker among them, have adapted Bitcoin Cash.  Ver's Bitcoin Games is set to expand and push Bitcoin Cash more aggressively. 

- Aaron Goldstein, Gambling911.com

Business/Financial News

Pay Per Heads Let You Move Your Own Betting Lines

“Full-service” is often times an overused term in business. While it is easy to find companies that make a habit of over-promising and under-delivering on the goods or services they sell, it is the rare company that does the exact opposite.

Bitcoin Surges Above $106,000 on Strategic Reserve Hopes

Bitcoin surged to a record high above $106,000 in early Asian trade on Monday, boosted by comments from President-elect Donald Trump that suggested he plans to create a U.S. bitcoin strategic reserve similar to its strategic oil reserve.

Syndicate

Subscribe to Syndicate
More