Topic: [2017-08-02] Japanese Exchanges Embracing Bitcoin Cash (Read 2430 times)
It will not be a threat to bitcoin. If we see merchants starting to accept BCC and some miners slowly mining on the BCC chain then maybe. But the best it could do for now is be at 2nd place.
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As Bitcoin Cash (BCC, BCH) blocks are being mined, all major Japanese exchanges are gearing up to credit their customers with the new cryptocurrency. A growing number of exchanges have already set a date to start trading Bitcoin Cash, while others are still in the planning stage.
Following the August 1 hard fork, all major Japanese bitcoin exchanges announced that they will soon credit their customers with Bitcoin Cash, the new cryptocurrency created as Bitcoin’s blockchain diverged into two separate blockchains today. For every bitcoin held by customers at the time of the fork, the same number of BCC will be credited to their accounts.
Meanwhile, all of them have suspended bitcoin deposits and withdrawals during the fork, and some are preparing to list BCC for trading in the next couple of days. Below is a roundup of all major Japanese exchanges that have updated their plans for Bitcoin Cash in the wake of the hard fork at press time.
Read the whole newsarticle here by Bitcoin News.
Following the August 1 hard fork, all major Japanese bitcoin exchanges announced that they will soon credit their customers with Bitcoin Cash, the new cryptocurrency created as Bitcoin’s blockchain diverged into two separate blockchains today. For every bitcoin held by customers at the time of the fork, the same number of BCC will be credited to their accounts.
Meanwhile, all of them have suspended bitcoin deposits and withdrawals during the fork, and some are preparing to list BCC for trading in the next couple of days. Below is a roundup of all major Japanese exchanges that have updated their plans for Bitcoin Cash in the wake of the hard fork at press time.
Read the whole newsarticle here by Bitcoin News.
In my opinion, it seems that Bitcoin Cash (BCH) is gaining some ground in terms of acceptance by different exchanges and it can mean that most probably BCH can have a place of its own in the cryptoverse. Anyway, I believe that both coins can be co-existing peacefully as many Bitcoin holders are now also receiving their own share of BCH for free.
Now, I am asking: Is BCH really a threat to the throne occupied by BTC?
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