Bithumb, Korea’s largest cryptocurrency central past times volume, volition last giving its clients 0-fee trading for 24h inwards tandem amongst the launch of Bitcoin Cash trading pairs. In today’s spider web log post, Bithumb said the advertisement volition alone run for ii days:
“Fee Free Event volition last running from August tertiary (Thurs) 18:00 KST to August fourth (Fri) 18:00 KST”
Additionally,
Bithumb stated that Bitcoin Cash volition accept the “BCH” ticker, in addition to non “BCC,” which is currently used past times Bittrex, HitBTC, BitBay in addition to Bleutrade.
Bithumb previously said that Bitcoin Cash trading volition commence on August 3, only today, Bithumb explained that a novel opening schedule volition last released on Friday, August 4, 2017. The Korean central too said that trading, deposits in addition to withdrawals of Bitcoin Cash accept 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 alone 3 blocks on August 1st, every bit the exceptional mining difficulty reduction algorithm was non activated, the charge per unit of measurement of novel blocks has picked upwards greatly over the past times ii days.
So far today, nineteen novel blocks accept been found, in addition to yesterday, miners produced ten novel blocks every bit 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 primary blockchain's difficulty.
Majority of exchanges accept already opened upwards Bitcoin Cash trading, however, many of BCH-supporting exchanges too 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, in addition to i BCH volition laid y'all dorsum nigh $433.
