Tag: bitcoin india

Bitcoin Announces Split Into User Activated Hard Fork ‘Bitcoin Cash’ On August 1

Bitcoin Announces Split Into User Activated Hard Fork ‘Bitcoin Cash’ On August 1

News, Smart Deals, Tech World
Bitcoin's Split Into Crypto Currency Bitcoin Cash: Bitcoin recently announced its split into user activated hard fork called 'Bitcoin Cash' on August 1st, despite Segwit2x's current progress. This means all owners of Bitcoin (BTC)  at the time of the fork will now own Bitcoin cash (BCC). For example if someone had 10 Bitcoin earlier will now have 10 Bitcoin along with 10 Bitcoin Cash. By August 2, South Africa's leading Bitcoin exchanges, AltcoinTrader, already gave all clients holding Bitcoin their equivalent Bitcoin Cash. What is Bitcoin Cash? It is a cryptocurrency token due to user activated hard fork (UAHF) that will bifurcate the Bitcoin block chain into two branches. It came to existence as an answer to the years-long debate among the Bitcoin community regarding the
Bitcoin India: Cryptocurrency To Be Legalized In India

Bitcoin India: Cryptocurrency To Be Legalized In India

Tech World
Leading Bitcoin currency exchange Zebpay has recently revealed that the Indian government committee has drafted rules in favor of regulating Bitcoin in India. Over the past many years, the three significant Bitcoin exchanges that include Zebpay, Coinsecure, and Unocoin operated Bitcoin India. These exchange agencies are running with self-regulated norms and trading platforms with a strict mandatory KYC(Know Your Customer) and rigorous anti-money laundering policies, despite the lack of regulations in the digital currency or cryptocurrency industry and market in India. What Is Bitcoin:- Bitcoin is a cryptocurrency is a digital payment system which was invented by some unknown programmer, or an unknown group of developers. It was published as open-source software in 2009 and is expanding r