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Only 1 megabyte of transactions can be processed at one time on the blockchain of July 31, 2017. Each has its own value.The bitcoin community recently faced a critical moment with some in favor of the recent “fork” that forced the blockchain to split, and others vehemently set against it....
It was still an important development in the cryptocurrency sphere of finance that will have long lasting effects. But that is not the overriding concern of change advocates. This latency can create vulnerabilities for companies accepting bitcoin....
In other words, the hard fork created an opportunity for savvy and fearless investors to make a killing if they unloaded the new currency at its peak. They can still deposit and withdraw instantly and can still convert digital currency to cold hard cash.The bitcoin community recently faced a critical moment with some in favor of the recent “fork” that forced the blockchain to split, and others vehemently set against it....
Bitcoin Cash increases the limits to 8 megabytes – but that too could become a limiting factor in time. It is a volatile commodity, even more so for now than the original currency is. As of today, part of that position has changed....
