Bitcoin Classic

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Bitcoin Classic
Bitcoin Classic white text, transparent background, logo.png
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][4] In its first 8 months, Bitcoin Classic promoted a single increase of the maximum block size from one megabyte to two megabytes.[5] 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.[6]

References[change | change source]

  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. "What Is Bitcoin? - Simplecryptoguide.com". 2021-08-03. Retrieved 2022-08-17.
  5. Paul Vigna (17 January 2016). "Is Bitcoin Breaking Up?". Wall Street Journal.
  6. Hagelstrom, Martin (Mar 12, 2016). "Why Bitcoin's Block Size Debate is a Proxy War". CoinDesk.