Bitcoin Cash ABC(BCHABC) is a hard forked version of the original Bitcoin. It is similar to bitcoin with regards to its protocol; Proof of Work SHA-256 hashing, 21,000,000 supply, same block times and reward system. However, two main differences are the block size limits, as of August 2017 Bitcoin has a 1MB block size limit whereas BCHABC proposes 8MB blocks. Also, BCHABC will adjust the difficulty every 6 blocks as opposed to 2016 blocks as with Bitcoin.
BCHABC is a proposal from the via BTC mining pool and the Bitmain mining group to carry out a UAHF (User Activated Hard Fork) on August 1st 12:20 pm UTC. They rejected the agreed consensus (aka BIP-91 or SegWit2x) and have decided to fork the original Bitcoin blockchain and create this new version called “Bitcoin Cash”. Bitcoin Cash can be claimed by BTC owners who have their private keys or store their Bitcoins on a service that will split BCHABC for the customer.
Bitcoin Cash ABC takes security very seriously. We greatly appreciate any and all disclosures of bugs and vulnerabilities that are done in a responsible manner. We will engage responsible disclosures according to this policy and put forth our best effort to fix disclosed vulnerabilities as well as reaching out to numerous node operators to deploy fixes in a timely manner.
BCHABC is a fork of Bitcoin Cash at Nov 2018.
Name: Bitcoin Cash ABC
Max Supply: 21,000,000
Circulating Supply: 17,477,739
Total Supply: 21,000,000
Cryptographic Algorithm: SHA256
Issue Date : 2018-11-15
Source Code: https://github.com/Bitcoin-ABC
Issue Price: –
White Paper: EN
Consensus Protocol: POW
Explorer 1: https://www.bitcoinabc.org/
Explorer 2: https://blockchair.com/bitcoin-cash/blocks
👉 👉 Receive FREE auto crypto trading signals 24/7 💥