The New Bitcoin Alliance

     A new rumor is going around the world about some expectations that Bitcoin is giving. Apparently the first of August is an important date for cryptocurrency since it is about to split in two because of a technical modification in the system in charge of mobilizing daily operations that experts have already cataloged as "bifurcation process." That has meant that a new currency would be born called Bitcoin Cash that in principle will not alter the price of cryptocurrency.

     Several analysts consulted by other people and clients have agreed with Bitcoin's opinion and agree to the division of cryptocurrency. Some of them have done more in-depth research and have shown that when the cryptocurrency is split it will maintain the price of the original Bitcoin it is handling at the time as the new alternative, Bitcoin Cash will be between ten or fifteen times the other. Those who before the update are holders of this currency will have the same amount in both. This means they will have twice the same amount in different cryptocurrencies.

    The aim of this division is to overcome certain barriers that Blockchain has placed. Bitxoxo, an important Bitcoin Exchange in India has manifested itself in a way contrary to this division because they claim that many subscribers will lose. On the other hand, the users of the Best Bitcoin Exchange support this decision as they could Buy Bitcoin making a direct deal with people without having to be connected to a computer.

     Bitcoin has some limitations such as making only four transactions per second. Some of the Best Bitcoin Exchange allow up to 5. Until a while ago this was not a problem but the high demand that has had the digital currency has come to collapse some platforms. This division could lighten this problem a bit and allow people to do their transactions with both cryptocurrencies.

     Bitcoin Cash is an opportunity to demonstrate the growth and acceptance that the digital currency has had around the world. So much so that the extension will be made to another cryptocurrency directly linked to the original Bitcoin so that users can feel confident and secure.