Bitcoin cash what the hell is it?
Bitcoin Cash provides an immediate increase of the block size limit to 8MB. This is in response to the rumored 2x SegWit which could cause a much feared hard fork! Should two chains persist, Bitcoin Cash minimizes user disruption, and permits safe and peaceful coexistence of the two chains, with replay and wipeout protection.As part of the replay protection technology, Bitcoin Cash introduces a new transaction type with additional benefits such as input value signing for improved hardware wallet security, and elimination of the quadratic hashing problem.
Is this too good to be true?
According to sources several of the biggest bitcoin mining pools have stated that there’s a possibility they may direct hashrate towards the Bitcoin Cash chain. This includes Bitmain’s Antpool, BTC.top, Viabtc, and Connect BTC. Bitmain states via the company’s blog that for now the firm is focusing its efforts on Segwit2x and running that specific software. However, the company states, “we are closely observing the ‘BCC’ movement and do not rule out the possibility of supporting both Segwit2x and BCC.” At the moment Bitmain seems to be observing the situation until it makes its final decision. Only time will tell and show is the unintended consequences!