TOKENS
What is Next After a Successful First 6 Months?

2018-01-29 21:57:58
by Saffron Weale
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What\'s Next After a Successful First 6 Months?

The Bitcoin Cash (BCH) network is celebrating six months since its launch. Since bitcoin cash was launched via a hard fork on 1st August 2017, the economy and the technical protocol of the cryptocurrency continues to grow. Over 36,000 blocks have now been mined. This number will only increase, following a successful hard fork which modified the difficulty algorithm. This will help to ensure that mining the cryptocurrency remains profitable.

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During the volatility which affected all cryptocurrencies during January, BCH performed in a relatively stable way. The cryptocurrency has also benefited from low transactions fees and fast transaction times. These have made bitcoin cash an attractive alternative to bitcoin, which has been experiencing scaling problems resulting in very high transaction fees ,and transaction times which can be measured in many hours.

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Recently, developers have announced a roadmap which lays out the plan for the next six months. During this time, there could be another hard fork which would further increase the block size. Bitcoin Unlimited has announced that it will be offering its resources to the BCH network. Partnerships with other projects such as Nchain, ElectrumX, and Bitprim are also planned which should further help to develop the Bitcoin Cash network and the cryptocurrency\'s protocol.

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