Bitcoin Classic

Bitcoin Classic
Denominations
Pluralbitcoins
Precision10−8
Development
Implementation(s)Bitcoin Classic Core
Initial release0.1.0 /
Latest release22.0 /
Development statusActive
Ledger
Hash functionSHA-256 (two rounds)
Circulating supply₿600,147.43
Supply limit₿21,000,000

Bitcoin Classic is a cryptocurrency that is a fork of Bitcoin. [1][2][3] In its first 8 months, Bitcoin Classic promoted a single increase of the maximum block size from one megabyte to two megabytes.[4] In November 2016 this changed and the project moved to a solution that moved the limit out of the software rules into the hands of the miners and nodes.[5][6]

References

  1. ↑ "A list of Bitcoin forks and how they have changed the network". CNBC tv18. Apr 29, 2022.
  2. ↑ Hern, Alex (11 Nov 2017). "Everything you wanted to know about bitcoin but were afraid to ask". The Guardian.
  3. ↑ Hyatt, John (Sep 13, 2021). "Decoding Crypto: Top 25 Crypto Terms You Need to Know". Nasdaq.
  4. ↑ Paul Vigna (17 January 2016). "Is Bitcoin Breaking Up?". Wall Street Journal.
  5. ↑ Hagelstrom, Martin (Mar 12, 2016). "Why Bitcoin's Block Size Debate is a Proxy War". CoinDesk.
  6. ↑ Btcaccelerators, Martin (Mar 12, 2014). "Bitcoin accelerator". Chic.