Daxdi now accepts payments with Bitcoin

1 Bitcoin Cash

Buy your 1 Bitcoin Cash with Bitcoin, Ethereum or Litecoin

Price: zl 1,508.80

Price for Daxdi Club members: zl 1,056.16

Stock: Yes (556 units)

Buy a 1 Bitcoin Cash with Bitoin Bitcoin: 0.00382556 BTC

Buy a 1 Bitcoin Cash with Ethereum Ethereum: 0.10912 ETH

Buy a 1 Bitcoin Cash with Litecoin Litecoin: 15.994 LTC

*Special price available for Daxdi club members, if you are not yet part of the club you can join here

Buy your 1 Bitcoin Cash with cryptocurrencies at the best price

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Free delivery, return and replacement on all orders.

All purchases include product documentation (if applicable) and 2-year manufacturer's warranty.

All shipments of products with a value of more than 999€ are covered by a transport damage insurance.

Shipment and delivery

If you purchase the product before 18:00 hours, the product will be shipped in the same day. (Sundays not included).

The products are sent by urgent international shipment carriers, in a maximum of 72 hours your product will arrive at your house.

The virtual products are sent instantly to your registered email address.

Product description

1 Bitcoin Cash

What is Bitcoin Cash? Bitcoin Cash (BCH) is a hard fork (a community-triggered protocol or code update) of the original Bitcoin blockchain.

The Bitcoin hard fork occurred on 1 August 2017, with the purpose of updating the block size to 8 MB.

On 16 November 2018, BCH hard forked for the second time and split into Bitcoin SV (Satoshi's Vision) and Bitcoin ABC.

Bitcoin ABC became the dominant chain and took possession of the BCH token, as it had more hashing power and the most nodes on the network.

Bitcoin Cash experienced its most recent halving on 8 April 2020, when its block reward was reduced to 6.25, instead of 12.5.

What is the difference between Bitcoin and Bitcoin Cash? The increase in Bitcoin Cash's block size was intended to make the technology more scalable and process more transactions per second, making it easier to use the cryptocurrency as a means of payment, rather than a store of value.

As a general rule, Bitcoin Cash transaction fees are generally lower than Bitcoin.

The forking of Bitcoin Cash was partly due to an argument between the Bitcoin camps as to whether the cryptocurrency needed to increase its block size.

This argument is based on the idea that Bitcoin's transaction processing time is too slow to allow for the scaling necessary to replace traditional payment systems such as Visa and Mastercard.

While Bitcoin blocks are 1 MB and can process between 2 and 7 transactions per second, Visa can process around 1,700 transactions per second.

The 2017 hard fork on block size was controversial and came after the introduction of the SegWit2x idea, a second-layer scaling solution.

A portion of Bitcoin miners and developers opposed the solution because A.

they thought it could cause centralisation of the Bitcoin network, B.

they did not have a clear implementation plan and C.

it did not adhere to Satoshi Nakomoto's original vision for the digital currency (in their opinion).

Mining hardware manufacturer Bitmain originally described the Bitcoin fork in June 2017 as a "contingency plan" if SegWit was accepted due to the inability of Bitcoin developers and miners to unanimously agree on its implementation.

Eventually, due to that disagreement, opponents of SegWit2x (led by manifesto opponent Roger Ver) united to split the Bitcoin blockchain in August 2017.

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