Bitcoin Cash BCH to Abyss Token ABYSS Exchange

Crypto Pair Details: BCH to ABYSS

Bitcoin Cash BCH

Bitcoin Cash is a hard fork of Bitcoin with a protocol upgrade to fix on-chain capacity. Bitcoin Cash intends to be a Bitcoin without Segregated Witness (SegWit) as soft fork, where upgrades of the protocol are done mainly through hard forks and without changing the original economic rules of the Bitcoin. Bitcoin Cash (BCH) is released on 1st August 2017 as an upgraded version of the original Bitcoin Core software. The main upgrade is the increase in the block size limit from 1MB to 8MB. This effectively allows miners on the BCH chain to process up to 8 times more payments per second in comparison to Bitcoin. This makes for faster, cheaper transactions and a much smoother user experience. Why was Bitcoin Cash Created? The main objective of Bitcoin Cash is to to bring back the essential qualities of money inherent in the original Bitcoin software. Over the years, these qualities were filtered out of Bitcoin Core and progress was stifled by various people, organizations, and companies involved in Bitcoin protocol development. The result is that Bitcoin Core is currently unusable as money due to increasingly high fees per transactions and transfer times taking hours to complete. This is all because of the 1MB limitation of Bitcoin Core’s block size, causing it unable to accommodate to large number of transactions. Essentially Bitcoin Cash is a community-activated upgrade (otherwise known as a hard fork) of Bitcoin that increased the block size to 8MB, solving the scaling issues that plague Bitcoin Core today. Nov 16th 2018: A hashwar resulted in a split between Bitcoin SV and Bitcoin ABC

Abyss Token ABYSS

The Abyss is a next-generation digital distribution platform, delivering all types of video games (Free2play MMOs and crypto games being a key priority), including AAA-titles, where gamers and developers can profit from multilevel referral program and other activities. A gaming portal with a concentrated presence of MMO games in which a primary focus is placed on motivational programs for players as well as developers. ABYSS tokens are a priority internal mechanism for interaction on the platform (Protocol ERC20 on the Ethereum blockchain). Our gaming platform is to be offered for Desktop (Windows, MacOS, Linux), Mobile (iOS and Android) and Web. A powerful, multilevel referral program whereby a user brought in by a developer provides the developer with an income (paid in ABYSS tokens) from all payments and achievements in any other game on the platform. An analogous referral system is built on a viral basis whereby players receive income (paid in ABYSS tokens) for bringing in friends, not just for their payments but also for the activity on the platform (achievements, creating content, subsequent referrals, etc.) Tokens can be transferred to cryptocurrency accounts both manually and automatically. An internal system of advertising offers (based on ABYSS tokens) enables traffic to be exchanged with other developers, receiving and passing along only relevant users. A well-planned system of syndicates (Masternodes) enables the platform's users to be organized into communities that become sources of income (paid in ABYSS tokens) for participants. It is one of the methods of controlling the volatility of tokens.

SOURCE: COINGECKO

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