FINALLY IT HAPPENED
The digital currency split into two:

1) BITCOIN & 2) BITCOIN CASH.

There seems to be some technical issues that might be slowing it down, but yes, the fork has happened.

What is fork
The word ‘fork’ originates from open source software. Open source software is a computer code, which is intended to be openly accessible and liberally used by anyone reading it.

Bitcoin Cash is Here
Till last week, the solution known as Segwit2x, which was supposed to increase the size of bitcoin blocks to two megabytes, was criticised to become the standard.

Then, came the bitcoin cash. The solution is a fork of the bitcoin system: it's a new software that has all the history of the old platform but bitcoin cash blocks will be eight megabytes.

The nearly ten-year-old currency will "breath new life", supporters of the newly formed currency believe.

Bitcoin brokers have been arguing upon the rules that should help the cryptocurrency's blockchain network.

It was a conflict, on one side, there are so-called core-developers who are in favour of smaller bitcoin blocks, to protect it from hacks. On the other side, there are miners who want to increase the size of blocks to make the network fast and more scalable.

Bitcoin cash came out of now where "A group of miners who didn't like SegWit2x are opting for this new software that will increase the size of blocks from the current one megabyte to eight,"

Only a minority of bitcoin miners support the new currency. Adding more to it, number of exchanges have agreed they won't back bitcoin cash.

But that doesn't necessarily mean it will be worthless or that it couldn't potentially usurp the original bitcoin. Miners will run after behind bitcoin cash if it turns out to be the better digital currency.

"Bitcoin cash has a chance to become the dominant cryptocurrency, it depends upon its ability to gain trust and support from both current and new players as well as security of its network. At least, solution of the scalability issues, bitcoin cash should attract new capital to the entire crypto space, thus helping increase overall market cap."

In our opinion this fork will benefit the cryptocurrency in the long run, despite short term volatility and confusion.

"There are people with billions of dollars of skin in the game and they will ultimately go with the superior bitcoin network and the market will follow"

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