Bitcoin Cash is starting to make a ‘comeback’ ahead of improvements in the hard fork network. Bitcoin Cash (BCH) jumped back into the top ten list of cryptocurrencies based on market capitalization after a 68% increase for the week.
The price of Bitcoin Cash (BCH) rose from the $ 1,068 level to $ 1,462 in just 24 hours, adding a significant increase from the weekly low in the $ 800 range.
The price spike keeps BCH in the top 10 list ahead of the ‘hard fork’ which is scheduled to take place on May 15. This harfork will introduce two small changes even if they are not significant changes in the network.
On Bitcoin Cash (BCH), blocks are mined every 10 minutes and the unconfirmed old chain limit is 50 transactions. This eventually allows applications in high volumes to make 50 transactions immediately before requiring authentication in one block. But this can be overcome with a hard fork.
The two upcoming changes will push Bitcoin Cash (BCH) to higher volume usage and make it more user-friendly with current applications.
