Bitcoin Cash BCH to Waves WAVES Exchange

Crypto Pair Details: BCH to WAVES

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

Waves WAVES

Waves is an open blockchain platform designed for ease of use and mass adoption. Anyone can use Waves to launch, distribute and trade their own crypto token. The platform is fully decentralised, transparent and auditable. Waves is inspired by NXT with team members previously being involved with NXT. Its name is inspired by the gravitational waves discovery. It is a cryptocurrency platform that had been coded for scratch and allows for asset issuance, decentralized crowdfunding, community management and encrypted messaging. Waves is creating a comprehensive blockchain ecosystem that will provide all the necessary features for business adoption, and the platform already has a number of powerful tools and services that make building user applications straightforward. Waves is a Proof-of-Stake cryptocurrency that conducted its ICO from 12 April 2016 to 31 May 2016. It raised a total of $16 million worth of bitcoins during the ICO. There is a total of 100 million tokens of which 15 million tokens are reserved for bounties and the development team while the remaining 85 million tokens are distributed to ICO participants. Features: 1. Highly accessible - Clean & familiar UX, Chrome app or html lite client, No blockchain download necessary 2. Fast, low-cost and scalable - One-minute blocks, Low (0.001 WAVES) transaction fees, Tx fees can be paid in tokens, Up to 1,000 txs/second 3. Fiat transfer - Fully compliant & licensed gateways into and out of the blockchain, EUR blockchain tokens with USD and other currencies on the way, Tokens fully backed by fiat deposits, Bitcoin gateway and tokens also available. 4. Easy token operations - Launch a new crypto token in under a minute, Tools for mass token distribution, Ideal for crowdfunding 5. Decentralised exchange (DEX) - Peer-to-peer trading from within the client, Trade any pair of Waves tokens, Near-realtime order matching, Blockchain settlement for security 6. Smart contracts - Non-Turing complete, Powerful but secure

SOURCE: COINGECKO

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