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    • Daxdi now accepts payments with Bitcoin

    Auction: 8 Bitcoin Cash

    Remaining time

    --:--:--

    Current price

    $24.00 $25.00

    $24.97

    The user basilius13 is winning the auction.
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    basilius13
    $24.97
    EjadabukkeH
    $24.98
    dikicdamljanka
    $24.99
    Auction info

    Product value

    Savings

    Daxdi coins value

    $8.32

    ($16.65)

    4

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    The user basilius13 is winning the auction.
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    Auction information

    • Current price

      $24.97

    • Product value

      $8.32

    • Auction ID

      293809

    • Auction type

      Public auction

    • Bid value

      4 Daxdi coins

    • Initial price

      $25.00

    Statistics of the last 15 days

    • Average number of participants

      0 users

    • Average amount of bids done by the winners

      0 Daxdi coins

    • Average published times in a week

      0 times

    • Average final price

      $0.00

    • Average savings of the winners

      $8.32

    • Average spending by winners

      $0.00

    Latest winners

    There are not more finished auctions of this product on last 30 days

    Receiving the Bitcoin Cash

    Cryptocurrencies won in Daxdi auctions will be instantly credited to your Daxdi wallet.

    You can reinvest them again or transfer them to any other wallet at any time.

    You can also get great returns by staking without minimum periods or penalties for cancelling your staking, visit our cryptocurrency staking products.

    Buy product

    You can buy this product in any moment, if you have placed bids in this auction the bids value will be deducted from the product final price.

    $8.32

    8 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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      ¿Are you not a Daxdi member yet?

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