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OT: Bitcoin Guys...Explain this to me.

Travis Galey

@travisgaley
Moderator
Aug 12, 2012
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BITFINEX SAYS MINERS TO CREATE CHAIN CALLED BITCOIN CASH

July 27 (Reuters) - Hong Kong-based digital currency exchange Bitfinex said on Thursday that a minority of Bitcoin miners will be "forking" to create a new blockchain called Bitcoin Cash on Aug. 1.

The fork does not impact Bitcoin balances, but it creates a new token, Bitfinex said.

A "fork" is when a blockchain splits into two potential paths.
 
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