Origin Sport ORS to Bitcoin Cash BCH Exchange

Crypto Pair Details: ORS to BCH

Origin Sport ORS

The purpose of the Origin Sport platform is to introduce a decentralized method of conducting sports bets. Our smart contracts are pre-scheduled and ensure results and winnings distributions are tamper-proof. The goal of the system is to allow anyone to host their own bets while ensuring the integrity of the placed bets. As such, the increased transparency of the system will allow us to work with regulators in identifying potential money laundering fraud on our platform as well as monitoring user betting quotas through a combination of real-name systems. We believe this will go a long way towards bringing this industry into the light and encouraging governments to revisit legislation regarding sports betting.

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

SOURCE: COINGECKO

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