TechLair

  • Home
  • contact
  • About
  • Privacy Policy

Research: Only 10% of Bitcoin Cash (BCH) is used for transactions

Friday, June 8, 2018 by Piyush Suthar | Comments

Home News Tech Research: Only 10% of Bitcoin Cash (BCH) is used for transactions

When Bitcoin Cash (BCH) – a hard fork of the world’s apex cryptocurrency Bitcoin (BTC) – first took off last August, it promised to solve BTC’s soaring transaction fees and make cryptocurrencies a viable option for everyday transfers once more. But it appears hardly anyone is using it for its so-intended purpose. A new study by blockchain intelligence firm Chainanalysis suggests that most cryptocurrency enthusiasts still use BCH for investment purposes a lot more regularly than for transactions. Indeed, the amount of BCH held in wallets is 10 times higher than the amount of BCH used in transactions. In comparison,…

This story continues at The Next Web

Or just read more coverage about: Bitcoin

Authored by Piyush Suthar
Pro Blogger


Follow me on Twitter, Facebook, Google+, YouTube.

Load comments
  • Newer Post
  • Home
  • Older Post
  • techlair
    Over 1,500+ Readers

    Get fresh content from TechLair

    brand222 facebook brand2 envelope-o

    BEST OF TechLair

    The Sonos Beam is a $399 soundbar with Alexa (and Google, someday)
    Oppo Find X2 Lite 5G Launched With Snapdragon 765G, 30W Fast Charging
    How to quickly create click-inducing AdWords ad copy
    Customer experience is about emotion, not technology


    Copyright © 2019 TechLair. All rights reserved.
    Privacy Policy • DMCA • Contact