Bitcoin Cash will launch in about five blocks.
You might have heard that the controversial fork is scheduled for 12:20 UTC on August 1, but the story is a little more complicated than that.
The launch doesnt trigger right as a block is mined after that time. Rather, the activation is based on Median Time Past, which means that the median timestamp of the last 11 blocks must be over 12:20 UTC. In other words, six blocks need to be mined after the original block past that time.
At press time, the last two bitcoin blocks, mined by Bitfury and ViaBTC, were both under 1 MB.
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