A Three-Headed Mess: Bitcoin Cash Headed Toward Messy Three-Way Split

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Once a unified front, the leadership of Bitcoin Cash has fractured into warring factions, and it appears that it’s headed toward not one, but two contentious forks. In this, we’ll review Bitcoin’s history, from its first hard fork to the details of Bitcoin Cash’s upcoming three-way split. 2009 – The Genesis Block In January 2009, Bitcoin creator Satoshi Nakamoto mined the first block of the Bitcoin network–the Genesis Block. He embedded the following into the block: “The Times 03/Jan/2009 Chancellor on brink of second bailout for banks.” The late Hal Finney became the first recipient of Bitcoin when he received 10 BTC from Nakamoto. 2010 – Bitcoin Pizza Day On May 22, 2010, otherwise known as “Bitcoin Pizza Day,” Laszlo Hanyecz exchanged 10,000 BTC for two Papa John’s pizzas, which represented Bitcoin’s first transaction. 2011 – 2013 – A Growing Network Although a controversial figure now, Roger Ver