Posted 4/3/2024, 3:57:19 PM
Bitcoin Cash Faces Halving Event in April as It Seeks Greater Adoption
- Bitcoin Cash will undergo a halving event on April 3rd, 2023 at 1633 UTC
- Bitcoin Cash was created in August 2017 as a hard fork from the Bitcoin blockchain to address scalability issues
- BCH has increased the maximum block size to 32MB, allowing faster transactions with lower fees
- Larger blocks may increase centralization among miners as more resources are required
- BCH positions itself as a more practical version of BTC that can process more transactions per block
