April 2024 will be the first month that marks two significant halvings.
On April 3, 2024 Bitcoin Cash will halve as part of its 4 year cycle.
And less than 3 weeks later, around April 20, Bitcoin will also halve as part of its 4 year cycle.
Bitcoin and Bitcoin Cash both originated from the Bitcoin Whitepaper, and Genesis Block. However, in August of 2017, Bitcoin Cash spun off as a different project.
This significant split occurred due to differing opinions on how to scale Bitcoin, and make it more efficient for transactions.
One group, we can call the Bitcoin Core group, proposed scaling through off-chain solutions like Lightning Network.
The other group, which eventually spearheaded the development of Bitcoin Cash, argued for increasing the block size limit to enable more transactions per block directly on-chain.
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