Blockchain.info, one of the oldest and most popular Bitcoin wallets, has now officially added Bitcoin Cash with “full functionality” for users of their web version. Their official announcement post cited the ‘growing demand’ for Bitcoin Cash and the project’s aim to empower their users as the reason behind the new addition: “At Blockchain, we’re always looking for ways to empower our users to interact with the digital economy in new, meaningful ways.” We also fired up the wallet’s web version to verify, and found Bitcoin Cash listed along with Bitcoin and Ether (which was added in August this year). We had also been credited with Bitcoin Cash corresponding with the amount of Bitcoin held in the wallet on August 1, 2017. Bitcoin Cash, which is a fork of Bitcoin, with a higher block size and consequently lower fees and faster transactions, is considered by its community to be the ‘real Bitcoin’, as envisioned by Satoshi Nakamoto, and laid out in his 2008 whitepaper, Bitcoin: A Peer-to-Peer Electronic Cash System. However, proponents of the original Bitcoin accuse Bitcoin Cash and Roger Ver, its vocal advocate, of using Bitcoin’s name and brand to boost their ‘alt coin’. That being said, Bitcoin Cash (BCC/BCH) is currently ranked fourth, with a market cap of $29 billion, and is trading over $1,700. While it may not be as valuable as Bitcoin, it has significant capital backing it up, and Roger Ver recently announced an upcoming Visa debit card for Bitcoin Cash, which may lead to a further surge in its value. If you don’t own any Bitcoin Cash yet, you can either buy it from most cryptocurrency exchanges, or use Blockchain.info’s internal exchange system, powered by ShapeShift, to seamlessly change between Bitcoin, Ether and Bitcoin Cash.
Users of Blockchain.info’s mobile wallet, however, will have to wait for Bitcoin Cash support and the timeline for that is Q1 2018. Meanwhile they can easily request and send Bitcoin Cash via the web wallet and their balance would show in the mobile app when it is updated next year.
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