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Bitfinex says miners to create chain called Bitcoin Cash
July 27, 2017 / 8:05 PM / 4 months ago

Bitfinex says miners to create chain called Bitcoin Cash

July 27 (Reuters) - Hong Kong-based digital currency exchange Bitfinex said on Thursday that a minority of Bitcoin miners will be “forking” to create a new blockchain called Bitcoin Cash on Aug. 1.

The fork does not impact Bitcoin balances, but it creates a new token, Bitfinex said. (bit.ly/2w3S0Cz)

A “fork” is when a blockchain splits into two potential paths. (Reporting by Nikhil Subba in Bengaluru; Editing by Maju Samuel)

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