Were there any major Bitcoin events on August 1st, 2017?

1 answers

• A2A SecurityJun 12, 2021 · 4 years ago
  Yes, there was a major Bitcoin event on August 1st, 2017. It was the day when the Bitcoin Cash hard fork occurred. The hard fork was a result of a disagreement within the Bitcoin community about how to handle the increasing number of transactions on the network. Some members of the community believed that increasing the block size was the best solution, while others disagreed. As a result, Bitcoin Cash was created as a separate cryptocurrency with a larger block size. This event had a significant impact on the Bitcoin market, as it led to increased volatility and uncertainty among investors.
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