RATE Group | Bitcoin Cash Sees no Blocks for 5 Hours, No Significant Backlog Due to Low Usage
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Bitcoin Cash Sees no Blocks for 5 Hours, No Significant Backlog Due to Low Usage

30 Jan Bitcoin Cash Sees no Blocks for 5 Hours, No Significant Backlog Due to Low Usage

Posted at 19:16h in Bitcoin News by

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The Bitcoin Cash (BCH) blockchain has seen no new block for five hours earlier today. However, due to low usage, the transaction backlog was cleared without difficulty and normal activity resumed.

Data available on advanced blockchain explorer Blockchair show that BCH block number 620025 was mined at 2:14 on Jan. 30. The next block, number 620026, was found at 7:33 of the same day with 6,950 transactions in 2.33 megabytes, an unusually high number. The following block carried 1,590 transactions in 0.56 megabytes, after which another block has seen a standard amount of about 100 transactions, with regular activity resuming.

For comparison, according to Blockchain.com data, a Bitcoin (BTC) block on average carries about 2,000 transactions. Blockchair shows that Bitcoin Cash, on the other hand, usually sees up to 500 transactions in a single block.

This data means that Bitcoin Cash — which has an average block time of 10 minutes — has seen no new blocks for 5 hours and 19 minutes….

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