Bitcoin’s underlying software code was split on Tuesday, generating a new clone called “Bitcoin Cash,” but the new virtual currency got off to a slow start due to lackluster support for its network. The initiative was headed by a small group of mostly China-based bitcoin miners — programmers who essentially operate the bitcoin network —… bitcoins | New York Post"Bitcoin split is a flop — so far"
Bitcoin power brokers were unable to come behind a single solution that would have preserved a unified cryptocurrency by Tuesday morning’s deadline. As such, the digital currency has officially forked and split in two: bitcoin cash and bitcoin. Bitcoin cash is a fork of the bitcoin system: It’s a new software that has all the history of the old platform — the main difference being it will have 8 megabyte blocks instead of 1 megabyte…"Bitcoin might split again — here’s what you need to know"