Bitcoin Cash

Views:
 
     
 

Presentation Description

No description available.

Comments

Presentation Transcript

Slide1:

Welcome to Blockchain Focus

Slide2:

Bitcoin Cash is a cryptocurrency.Bitcoin Cash is peer-to-peer electronic cash for the Internet. It is fully decentralized, with no central bank and requires no trusted third parties to operate. What it is Bitcoin Cash?

Slide3:

What Does Bitcoin Cash Do? Anyone that held Bitcoin on the day that Bitcoin Cash was created automatically received free Bitcoin Cash! The main purpose of Bitcoin Cash is to be used as a payment system. This means that just like the original Bitcoin client, people can send and receive funds. However, Bitcoin Cash's technology allows much faster transaction times and lower transaction fees!

Slide4:

How do I buy Bitcoin Cash? The easiest way to do this is with a broker exchange. The most popular of these is Coinbase , as it's great for beginners. You can buy Bitcoin Cash using your Fiat currency via credit/debit card or with your bank account. To make things even easier for you, we are going to give you a step-by-step guide on buying Bitcoin Cash with Coinbase ! You will need to open a Coinbase account.

Slide5:

Is Bitcoin Cash worth investing in? Bitcoin has fundamental scalability issues and Segwit2x was aiming to change the rules to enable the further growth of Bitcoin . There are currently 300,000 transactions per day and each transaction uses the same amount of electricity as 7 US households. This is grossly inefficient, both environmentally and economically. With the overload in transactions, the transactional fees and time each transaction takes to clear have also skyrocketed, some transactions have taken over 24 hours to clear-- this really defeats one of the fundamental characters of cryptocurrencies , which is near instant global transactions.

Slide6:

Is it more profitable to mine Bitcoin Cash than Bitcoin ? The process of mining Bitcoin Cash is very similar to mining Bitcoin , but there are a couple of key differences. The block size limit of Bitcoin Cash is eight MB, while that of Bitcoin is just one MB.

Slide7:

How to start mining Bitcoin Cash So, by now you should know how much you will need to invest in your mining rig as well as how big your returns should be. If you're still considering giving Bitcoin Cash mining a go, here's how you do it.First off, you will need a Bitcoin Cash wallet to receive your future mining rewards. For safety reasons, it is recommended you choose a wallet that stores your private key on a device it's installed on.

Slide8:

How to start mining Bitcoin Cash? If you're still considering giving Bitcoin Cash mining a go, here's how you do it. A mining pool is a group of Bitcoin Cash miners that combine their computing power in order to increase their chances of solving a puzzle.

Slide9:

To know more about Blockchain Visit : www. bcfocus.com

authorStream Live Help