Bitcoin Cash News

After a year of appeals, a United States Court has dismissed a lawsuit against several Bitcoin Cash proponents, including Bitmain, Kraken, Bitcoin dot com, and their respective owners and founders.

Bitcoin Cash usage has been put to the test when the network failed to produce a single block in more than five hours earlier this week without causing any transaction backlog.

The aggregated crypto markets have been subjected to the volatility experienced by Bitcoin over the past several days, which has primarily favored bears.

Bitcoin’s uptrend throughout the first ten days of 2020 has allowed most major altcoins to put some distance between their current prices and their recent lows.

Bitcoin Cash has successfully gone through a scheduled fork at 12:00 GMT on November 15, mostly adding minor upgrades to the code.

The average Bitcoin Cash (BCH) transaction size has increased from $7,420 to $24,050 in the aftermath of the controversy surrounding Bitmain.

Bitmain, one of the largest mining hardware manufacturers in the world, has ousted co-founder and largest shareholder Micree Zhan Ketuan in what seems to have been a bloody power struggle within the company.

Bitcoin Cash’s claim to fame is scaling via bigger 32MB blocks.