What is MillionBitcoin Cash ?

Million Bitcoin Cash is peer-to-peer electronic cash for the Internet. It is fully decentralized, with no central bank and requires no trusted third parties to operate.

Is Million Bitcoin Cash different from 'Bitcoin' & ‘Bitcoin Cash’?

Yes. Million Bitcoin Cash is not a fork of the Bitcoin & Bitcoin Cash project as peer-to-peer digital cash. It is not a fork of the Bitcoin blockchain ledger, with upgraded consensus rules that allow it to grow and scale.

If I own Bitcoin & Bitcoin Cash, do I automatically own Million Bitcoin Cash too?

Any transactions after the October 11th ledger split are completely separate between Bitcoin & Bitcoin Cash and Million Bitcoin Cash. This means any Bitcoin acquired after the split does not include any Million Bitcoin Cash, and any Million Bitcoin Cash does not include any Bitcoin & Bitcoin Cash.

How is transaction replay being handled between the new and the old blockchain?

Million Bitcoin Cash transactions use a new signature hashing algorithm scrypt. These signatures are not valid on the legacy blockchain , block dozer. This prevents Million Bitcoin Cash transactions from being replayed on the Bitcoin blockchain and Bitcoin cash Block Dozer vice versa.

What was the block size of million bit coin cash ?

The legacy Million Bitcoin code had a maximum limit of 8MB of data per block, or about 2 transactions per second. Although technically simple to raise this limit, the community could not reach a consensus, even after years of debate.

What Is The Million Bitcoin Cash Technology ?

Million Bitcoin cash (MBCH) is pure Proof of Stake coin, except stage of initial distribution, when it was mixed PoW and PoS coin.

What Is POS?

PoS happens by a miner putting up a stake, or locking up an amount of their coins, to verify a block of transactions. The cryptographic calculations in PoS are much simpler for computers to solve: you only need to prove you own a certain percentage of all coins available in a given currency. For example, if you somehow owned 5% of all Million Bitcoin cash - MBCH, you’d be able to mine 8.3% Per Month of all transactions across Million Bitcoin cash – MBCH.

Does Million Bitcoin Cash fix these problems?

Yes. Million Bitcoin Cash immediately raised the block size limit to 8MB as part of a massive on-chain scaling approach. There will be ample capacity for everyone's transactions.

Low fees and fast confirmations will resume with Million Bitcoin Cash. The network will be allowed to grow again. Users, merchants, businesses, and investors will return.

Why didn't Bitcoin raise the block size if it was easy?

Some of the developers did not understand and agree with the original vision of peer-to-peer electronic cash that Satoshi Nakamoto had created. Instead, they preferred Bitcoin become a settlement layer.

Many miners and users trusted these developers, while others recognized that they were leading the community down a different road than expected.

These two very different visions for Bitcoin&Bitcoin Cash are largely incompatible, which led to the community divide.

What Development Team is In Charge of Million Bitcoin Cash?

Million Bitcoin Cash is a fully customized, unique proof-of-stake coin with over 3 months of development. we built a blockchain tailored to meet the needs of Million Bitcoin Cash coin, distribution and consensus requirements.

Unlike the previous situation in Bitcoin, there is no one single development team for Million Bitcoin Cash. There are now multiple independent teams of developers.

This decentralization of development (and decentralization of software implementations) is a much needed and important step forward.