The most well-known cryptocurrency Bitcoin world will split into two separate

Tuesday, August 1, the most famous cryptocurrency in the world – Bitcoin – will split.

Along with Bitcoin will be, respectively, the new Bitcoin Cash, reports Ethereum World News.

New cryptocurrency on the beliefs of the creators of the system will be better protected against hacking attacks and it provides for increases to unit up to 8 megabytes.

Two alternative lines of Bitcoin will appear on 1 August at 14:50 local time.

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Owners of the bitcoin and have warned that they will receive a corresponding amount of new currency Bitcoin Cash in the ratio of 1 to 1.

The division of the currency will occur because of a dispute between the Bitcoin miners, in particular, the pool of Chinese miners did not agree with the parameters of the new updates which will increase the computational unit from 1 to 2 megabytes.

We will remind that earlier, on March 2, in the course of trading the price of bitcoin has reached its next historical maximum – of $ 1,238. It’s a dollar more expensive per Troy ounce of gold.

As reported, the growth of bitcoin from the beginning of the year reflects the so-called bullish trend in the stock market. In addition, the cryptocurrency supports the prospect of the approval of the Commission on securities and markets dedicated to her the first exchange-traded Fund.