Bithumb, Korea’s largest cryptocurrency central past times volume, volition hold out giving its clients 0-fee trading for 24h inward tandem amongst the launch of Bitcoin Cash trading pairs. In today’s weblog post, Bithumb said the advertisement volition entirely run for 2 days:
“Fee Free Event volition hold out running from August tertiary (Thurs) 18:00 KST to August fourth (Fri) 18:00 KST”
Additionally,
Bithumb stated that Bitcoin Cash volition bring the “BCH” ticker, together with non “BCC,” which is currently used past times Bittrex, HitBTC, BitBay together with Bleutrade.
Bithumb previously said that Bitcoin Cash trading volition commence on August 3, simply today, Bithumb explained that a novel opening schedule volition hold out released on Friday, August 4, 2017. The Korean central equally good said that trading, deposits together with withdrawals of Bitcoin Cash bring been delayed due to the unstable production charge per unit of measurement of novel blocks on the Bitcoin Cash blockchain:
“Up until August tertiary 12:00 KST, Bitcoin Cash has been showing instability on the block production or fifty-fifty on the deposit/withdrawal.”
Although miners on the Bitcoin Cash network produced entirely 3 blocks on August 1st, equally the especial mining difficulty reduction algorithm was non activated, the charge per unit of measurement of novel blocks has picked upward greatly over the past times 2 days.
So far today, xix novel blocks bring been found, together with yesterday, miners produced ten novel blocks equally the difficulty dropped off substantially, according to information from Blockdozer.com. At press time, the Bitcoin Cash blockchain is running at a quarter of the principal blockchain's difficulty.
Majority of exchanges bring already opened upward Bitcoin Cash trading, however, many of BCH-supporting exchanges equally good made the determination to block traders depositing novel coins until novel blocks are constitute at a steadier pace.
At press time, the Bitcoin Cash blockchain is valued at $7.1 billion, according to
CoinMarketCap, together with ane BCH volition laid yous dorsum virtually $433.
