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Bitcoin Cash Vs Bitcoin Price

Ethereum And Bitcoin Cash Rise As Other Cryptocurrencies Tumble

Ethereum And Bitcoin Cash Rise As Other Cryptocurrencies Tumble

Ethereum and Bitcoin Cash Rise as Other Cryptocurrencies Tumble The price of both Ethereum--the world's second-largest cryptocurrency in terms of total market capitalization--and Bitcoin Cash--a so-called "hard fork" of the original Bitcoin--is soaring on Wednesday, despite steep declines in many other cryptocurrencies. The price of both Ethereumthe worlds second-largest cryptocurrency in terms of total market capitalizationand Bitcoin Casha so-called hard fork of the original Bitcoinis soaring on Wednesday, despite steep declines in many other cryptocurrencies. According to CoinMarketCap.com, Ethereum has gained about 12.8% over the past 24 hours, while Bitcoin Cash is up about 12.3% over that same timeframe. Meanwhile, Bitcoin has tumbled about 4.0%, Litecoin has shed nearly 2.5%, and Ripple has plummeted more than 16.4%. Ethereum was actually surpassed by Ripple for second place in the cryptocurrency rankings just a few days ago, but ethers latest surge has helped it reclaim its spot. The cryptos run to new highs also comes in the face of several major tech issues surrounding the blockchain platform. Ethereum has been a go-to alternative to Bitcoin because it typically offers shorter transaction wait times and lower transaction fees. However, a recent glitch in the platforms algorithm to estimate costs has caused many users to pay significantly higher fees than usual. In an email to CoinDesk.com, developer Nick Johnson explained that many popular walletsincluding MyEtherWallet, MetaMask, and Shapeshiftuse what is called a gas oracle to calculate transaction fees. The gas oracle has been affected by a number of users paying more to use the Ethereum blockchain. Johnson ultimately concluded that, while it's still possible to transact on the network at a fairly low pric Continue reading >>

Bitcoin Alternatives: Bitcoin Vs Monero, Ethereum, Bitcoin Cash, Ripple, Litecoin And More | Wired Uk

Bitcoin Alternatives: Bitcoin Vs Monero, Ethereum, Bitcoin Cash, Ripple, Litecoin And More | Wired Uk

Bitcoincash/Ripple/Litecoin/Ethereum/CryptoKitties/Stellar/Composite Bitcoins surge may be ending. The cryptocurrency took the spotlight last year, skyrocketing into mainstream consciousness with a massive price rise. Whilst it still holds the highest value, the price of a single Bitcoin halved at the beginning of 2018 and there's no telling where it will go next. In the meantime, here are the alternative cryptocurrencies rising in its shadow and promising something different. Okay, so the first alternative is not that far removed from Bitcoin itself. When Bitcoins market value soared last year, everyone wanted in and started investing. This created a backlog of transactions because miners couldnt add enough blocks in time . Bitcoin Cash split off from the original back in August 2017 to solve the problem. Known as a Hard Fork , Bitcoin Cash works the same, except its blocks were increased from 1mb to 2mb of data to help speed up transactions and keep fees down. Since Bitcoin dipped, however, the price of Bitcoin Cash has gone the same way. Ripple, also known as XRP, is the latest bitcoin rival to enjoy success after a value surge at the end of 2017 , turned it into the second most valuable cryptocurrency by market capitalisation. Unlike the highly decentralised Bitcoin, Ripple has links to financial institutions; it was launched in 2012 for legitimate banks to make global money transfers . Its harder to get than other cryptocurrencies as you have to pay for it with Bitcoin or Ethereum, but it is a lot cheaper, at just under a pound. For now. Ethereum was created by teenaged hacker Vitalik Buterin back in 2014 and quickly rose to cryptocurrency fame. Ethereums coins are referred to as Ether, and just like Bitcoin you can trade your real-world cash for some virtual coin Continue reading >>

Bitcoin Vs. Bitcoin Cash

Bitcoin Vs. Bitcoin Cash

Blockchain transactions, such as those done with bitcoin and Bitcoin Cash, are conducted on the blockchain . You can think of each block as a vehicle that carries transactions to their destination. A transaction is concluded once a block arrives and parks itself in the chain. If each transaction is a passenger, then bitcoins 1MB block size is more like a car, while BCHs 8MB block size is more like a bus. Larger blocks can hold more transactions, which helps process them faster. A larger block size is good news in that it helps process transactions a lot faster, but it also means a full node takes up a lot more data storage space. A full node is required to mine on the blockchain. It includes a copy of the entire transaction history for the whole blockchain. So as you can imagine, a larger block size comes with higher hardware and data storage costs. One of the main arguments against a larger block size is that it leads to increased centralization of a coin, and that the higher hardware costs mean only large mining groups will be able to profitably work on the blockchain. It can help to visualize what a larger block size looks like. Here are two snapshots of a few hours in the mempools of bitcoin and Bitcoin Cash. The mempool is where pending transactions are stored while they wait for a miner to hook them up to a block and make the transaction happen. Specifically, these are what the two mempools were doing between about 4-8 p.m. Eastern time on December 20, 2017. Each dip and spike on the top of the mempool shows a block being processed. In bitcoin, the 1MB block size just takes small bites out of the waiting transaction, starting with the ones with the highest fees. But the 8MB block size of Bitcoin Cash takes big chunks out of the mempool. This is particularly impor Continue reading >>

Bitcoin Cash Is Soaring

Bitcoin Cash Is Soaring

Bitcoin cash is surging Thursday morning. The worlds fourth largest cryptocurrency, which split from the flagship bitcoin in August 2017, is up more than 27% over the last 24 hours, and is currently trading at $1,216 a coin, according to Markets Insider data. That jump far outpaces the overall crypto market, which is largely unchanged at a market cap near $400 billion, according to CoinMarketCap. Bitcoin cashs gains are steep, but the digital currency still has plenty of room to go in order to get back to its 2017 levels. Bitcoin cash began the year above $2,000, after peaking at $4,053 in late December. All major cryptocurrencies have had a rough start to the year. So far, 2018 has been marked by massive price swings, often as much as 10% in either direction. Bitcoin bottomed out below $6,000 last week, and prices of all major cryptocurrencies plunged, fueled by fears of a cryptocurrency crackdown in India after the countrys finance minister said the government would not recognize crypto as a legitimate form of currency. That anxiety has mostly cooled thanks to an announcement from the countrys secretary of economic affairs saying the country will set up a panel to examine trading of crypto assets that will report its findings next month. Bitcoin is also up Thursday morning, though only 11%. The tight correlation between most cryptocurrencies is a big worry for Goldman Sachs head of investment research. "The high correlation between the different crypto currencies worries me," Goldmans Steve Strongin said Monday . "Contrary to what onewould expect in a rational market, new currencies don't seem to reduce the value of old currencies; they all seem to move asa single asset class." The price of bitcoin cash has risen and fallen as dramatically as bitcoin in recent months Continue reading >>

Bitcoin Vs. Bitcoin Cash: What's The Difference?

Bitcoin Vs. Bitcoin Cash: What's The Difference?

Bitcoin vs. Bitcoin Cash: What's the Difference? By Jake Frankenfield | Updated November 6, 2017 8:30 AM EST Since its inception, there have been questions surrounding Bitcoins ability to scale effectively. Bitcoin is a cryptocurrency that exists within network of computers, within the blockchain . This is revolutionary ledger-recording technology. It makes ledgers far more difficult to manipulate for a couple reasons: The reality of what has transpired is verified by majority rule, not by an individual actor. And this network is decentralized; it exists on computers all over the world. The problem with this technology is that its slow. Like, really slow, especially in comparison to banks that deal with credit card transactions. Visa processes 150 million transactions per day, averaging out to roughly 1,700 transactions per second. And their capability far surpasses that, at 24,000 transactions per second. How many transactions can the Bitcoin network process per second? Seven. Transactions take about 10 minutes to process. And as the network of Bitcoin users grows, waiting times will get longer, because there are more transactions to process without a change in the underlying technology that processes them. The latest debates around Bitcoins technology have been concerned with this central problem of scaling and increasing the speed of the transaction verification process. There are two major solutions to this problem, either to make the amount of data that need to be verified in each block smaller, making transactions faster and cheaper or to make the blocks of data bigger, so that more information can be processed at one time. (Read: Bitcoin Transactions vs. Credit Card Transactions ) The Difference Between Bitcoin and BitcoinCash In mid July 2017, mining pools and Continue reading >>

Bitcoin Cash Looking Heavy After Bull Move Fails

Bitcoin Cash Looking Heavy After Bull Move Fails

Bitcoin Cash Looking Heavy After Bull Move Fails Bitcoin Cash (BCH) is looking heavy, courtesy of last week's failed bullish move. Data source OnChainFX say the world's fifth largest cryptocurrency by market capitalization is down 4 percent in the last 24 hours, while week-on-week, bitcoin cash has yielded -2 percent returns. As of writing, BCH is trading at $2,372 - that's down 45 percent from its all-time high of $4,330 set on Dec. 20. BCH witnessed an upside break of the congestion last Wednesday , but the follow-through has been anything but encouraging. Contrary to expectations, the cryptocurrency failed to see a sustained move above $2,800 on Thursday. Prices then briefly jumped to $2,884 on Saturday, but again closed (as per UTC) well below the $2,800 mark, marking another failure at key resistance. The price action is referred to as " fakeout " - that is, when prices fail to rally following a bullish breakout and actually drop. A fakeout usually ends up turning the tide in favor of the bears. Still, while a cause of concern for the bulls, the bitcoin cash chart shows no reason to panic. The above chart (prices as per Bitfinex) shows: Fakeout (failed bullish breakout) as discussed above. Prices have re-entered the sideways channel, neutralizing the immediate outlook. The 50-day moving average is still bullish (sloping upwards). The rising trend line is intact and could offer support at $1,880 levels. A downside break of the sideways channel (i.e. a close (as per UTC) below $2,300) would indicate the sell-off from the record high of $4,104 has resumed. Prices could then test rising trendline support of $1,880. The trendline support is seen sloping upwards to $2,000 over the next week. On the higher side, a close (as per UTC) above $2,950.70 (Jan. 11 high) could y Continue reading >>

Bitcoin Cash - Wikipedia

Bitcoin Cash - Wikipedia

Forked on 1August 2017; 4 months ago(2017-08-01) Bitcoin Cash also known as BCash (BCH) is a hard fork of the cryptocurrency bitcoin . The fork occurred on August 1, 2017. [3] On July 20, 2017 Bitcoin Improvement Proposal (BIP) 91, aka Segregated Witness , activated. [4] [5] [6] Some members of the bitcoin community felt that adopting BIP 91 without increasing the block-size limit would simply delay confronting the bitcoin scalability problem and that it favored people who wanted to treat bitcoin as a digital investment rather than as a transactional currency. [7] [8] The plan to do a hardfork , was first announced by Bitmain , and subsequently developers took interest in the project. [9] The project was originally referred to by Bitmain on their corporate blog as "contingency plan," which the ASIC bitcoin mining hardware manufacturer would launch if BIP 148 (a User Activated Soft Fork ) succeeded. [10] [11] The Bitcoin Cash name was originally proposed by Chinese mining pool ViaBTC. [10] [9] The first implementation of the Bitcoin Cash protocol called Bitcoin ABC was revealed by Amaury Deadal Nix Secht at the Future of Bitcoin conference in Arnhem, the Netherlands. [9] The Bitcoin Cash hard fork was announced to take place on August 1, 2017. Upon launch, bitcoin cash inherited the transaction history of the bitcoin currency on that date, but all later transactions were separate. Block 478558 was the last common block and thus the first Bitcoin Cash block was 478559. [12] Bitcoin Cash cryptocurrency wallet started to reject BTC block and BTC transactions since 13:20 UTC, August 1, 2017 because it used a timer to initiate a fork. It implements a block size increase to 8 MB. One exchange started Bitcoin Cash futures trading at 0.5 BTC on July 23; the futures dropped to 0 Continue reading >>

Bitcoin Cash Surges Close To 40% As Market Rebounds

Bitcoin Cash Surges Close To 40% As Market Rebounds

Bitcoin Cash Surges Close To 40% As Market Rebounds {{article.article.images.featured.caption}} Opinions expressed by Forbes Contributors are their own. The author is a Forbes contributor. The opinions expressed are those of the writer. This story appears in the {{article.article.magazine.pretty_date}} issue of {{article.article.magazine.pubName}}. {{article.article.magazine.subscription_text}} Bitcoin Cash climbed nearly 40% in 24 hours.Shutterstock Bitcoin Cash climbed sharply today,pushing higher as the broader cryptocurrency market continued to recover from its recent weakness. The digital currency surged to as much as $1,317.27, CoinMarketCap data showed. At this price level, the alternative protocol asset or "altcoin" had risen more than 38% from the low of $951.67 that it reached yesterday, additionalCoinMarketCap figures reveal. Further, Bitcoin Cash was more than 72% higher than Tuesday's low of $764.04. [Ed. note: Investing in cryptocoins or tokens is highly speculative and the market is largely unregulated. Anyone considering it should be prepared to lose their entire investment.] When explaining these sharp price movements, analysts noted several factors, including the broader recovery in cryptocurrency prices and also the struggle that the more traditional Bitcoin has been facing with high fees and network congestion. After hitting a local bottom close to $275 billion, the total market capitalization (market cap) of digital currencies has experienced a modest recovery, reaching more than $350 billion today, according to CoinMarketCap. Charles Thorngren, CEO of Noble Alternative Investments , spoke to this development, stating that these cryptocurrencies are in "rebound mode." "Quick declines in this market place are often follow quick price increases," he Continue reading >>

A Tale Of Two Cryptos: Bitcoin And Bitcoin Cash

A Tale Of Two Cryptos: Bitcoin And Bitcoin Cash

A Tale Of Two Cryptos: Bitcoin And Bitcoin Cash Bitcoin and Bitcoin Cash are confronting scale issues in different ways, with Bitcoin focusing on maintaining decentralization and Bitcoin Cash focused on maintaining usability of the currency. Both Bitcoin and Bitcoin Cash are making reasonable decisions. I would not purchase either currency at their current price, as I expect a pullback and better opportunities later. Warren Buffett and the creator of Dogecoin have doubts about current cryptocurrency valuations. In this article, I lay out the different philosophies behind Bitcoin ("BTC"; COIN , OTCQX:GBTC ) and Bitcoin Cash ("BCH"). Both cryptocurrencies have made logical choices based on their own core values. BTC's primary value is decentralization. Decentralization is easier to lose than to regain, and decentralization may be threatened by larger block sizes increasing computing demands on nodes. BCH's primary value is functionality. BCH has much lower transaction fees than BTC, and no transaction delays. This is due to larger block sizes, and the fact that BTC is a larger currency with more transactions. BCH proponents also tout the ability of BCH to be used for payments. I do not think we're there yet, although it would be nice to have. Warnings of bubbles continue. Both the founder of Dogecoin and Warren Buffett have sounded warnings signals that values are too high. I will track Warren Buffett's prediction that cryptocurrencies will fall over the next five years. I would not purchase either BTC or BCH at their current prices. I expect a market correction - call it whatever you will - in the next year. Cryptocurrencies are "hot" now, but technology has not caught up to their current market caps. I do not expect them to maintain their value the entire time while it Continue reading >>

Bitcoin Cash Price Makes Push For $3,000 As Wider Market Stumbles

Bitcoin Cash Price Makes Push For $3,000 As Wider Market Stumbles

Bitcoin Cash Price Makes Push for $3,000 as Wider Market Stumbles The bitcoin cash price made a run at the $3,000 barrier in the face of a wider market downturn. Much like the older sibling it forked away from at the beginning of August, bitcoin cash has seen its market share drop during the early days of 2018. After entering January controlling approximately seven percent of the cryptocurrency market cap , bitcoin cash has seen its share drop by one-tenth to 6.3 percent as other altcoins most notably ethereum have surged to all-time highs. This week, however, bitcoin cash embarked on a rally of its own in a bid to leap above the $3,000 barrier after sinking below it last week. There was no clear trigger for the run, although the coin likely benefited from a report that mining pool BitClub Network a small pool that currently accounts for about 2.5 percent of the bitcoin hashrate would begin issuing payouts in BCH form while continuing to mine the BTC chain. Nevertheless, the fourth-largest cryptocurrency came close to achieving its goal, leaping from a low of $2,280 to a high of $2,988 on Jan. 10 an intraday climb of 31 percent. Unfortunately for investors, the rally hit a wall, in part due to conflicting reports that South Korea was planning to pursue a blanket ban on cryptocurrency trading. While the presidents office ultimately issued a statement denying that the ban was a finalized decision, the initial report took the wind out of bitcoin cashs sails, as Korea represents one of the coins largest markets. At present, Seoul-based Bithumbs BCH/KRW trading pair constituted bitcoin cashs second-largest market, as well as its highest-volume fiat trading pair. Consequently, it should come as no surprise that the bitcoin cash price careened back down as low as $2,330 befor Continue reading >>

What Is Bitcoin Cash?

What Is Bitcoin Cash?

What is Bitcoin Cash, should I invest in Bitcoin Cash, Bitcoin cash story, Bitcoin hard fork What is Bitcoin Cash, should I invest in Bitcoin Cash, Bitcoin cash story, Bitcoin hard fork Bitcoin first appeared almost exactly nine years ago and its now as strong as ever. These days, its not only the worlds first but also the most expensive, stable and popular cryptocurrency. That being said, it isnt perfect. One of the most pressing issues for the cryptocurrency has always been its scalability. More specifically, its been the size of a block of transactions, which upon the creation of Bitcoin was limited to one MB. This limit causes substantial delays in transaction processing times and limits the number of transactions the network can process. Bitcoin Cash was a different story. It differs from the other versions in that in enabled the increase of the block size from one MB to eight MB. Its overall goal is to increase the number of transactions that can be processed by the network, hoping that Bitcoin Cash will be able to compete with the volume of transactions that industry giants like PayPal and Visa can currently process. Bitcoin Cash was launched in August 2017 and has since become Bitcoins most successful offshoot. The one MB limit for the size of every block was originally implemented to lower the possibility of potential spam and DDoS-attacks. While there were not that many transactions happening in the network, the limit wasnt affecting anything at all. As Bitcoin grew more and more popular, the limit started causing blocks to pile up, which unnecessarily extended the transition times. The situation got out of hand around May 2017, when some users reported having to wait for confirmation for up to four days. Users had a chance to pay higher transaction fees to s Continue reading >>

Why Bitcoin Cash Is Better Than Bitcoin

Why Bitcoin Cash Is Better Than Bitcoin

Bitcoin experienced its first hard fork during the summer. The hard fork was as a result of a disagreement between Bitcoins core developers and miners. The dispute continues and is ultimately an attempt by Bitcoins mining cartel to hold on to all of the hashpower for Bitcoin mining. Bitcoin experienced its first hard fork during the summer. The hard fork was as a result of a disagreement between Bitcoins core developers and miners. The dispute continues and is ultimately an attempt by Bitcoins mining cartel to hold on to all of the hashpower for Bitcoin mining , while the core developers are looking to decentralize away from the mining cartel. The entire ethos of Bitcoin is for decentralization. The removal of a centralized control over Bitcoins future has been what many within the Bitcoin community have called for. Bitcoin may have removed control away from governments and central banks, but as Bitcoin evolved, the capabilities of miners have also advanced and with it has a new battle has born, control over the mining of Bitcoin. Things have become more complicated since the cancellation of the SegWit2X hard fork that was scheduled for this month. The Bitcoin world has been left with the choice of three as a result of the fork cancellation. The original Bitcoin and Bitcoins offshoots, Bitcoin Cash and Bitcoin Gold that have come about from the much talked about hard forks. Bitcoin Gold supports the desire to prize away from the hashpower monopoly held by the Bitcoin mining cartel. Following Bitcoin golds collapse in recent days, however, its clear that the cryptoworld and Bitcoins world, in particular, has decided which are to face off against each other. Its now down to Bitcoin Cash to fight off Bitcoins superiority over the cryptoworld. Bitcoin VSBitcoin Cash: Its a Continue reading >>

Crypto Olympics | Cardano Vs. Bitcoin Cash Who Will Win?

Crypto Olympics | Cardano Vs. Bitcoin Cash Who Will Win?

Crypto Olympics: Cardano (ADA) vs. Bitcoin Cash (BCH) Coin vs. Coin who will be crowned the Crypto Olympics Champ? Congratulations to all our participating coins so far, but there can only be one Ultimate Coin. Ethereum won Day 7 and is moving on to the finals. Todays new coins facing off will be Cardano (ADA) and Bitcoin Cash (BCH)! In case youve missed it, these are the rules:we start with two coins and measure their gains and losses between 9:00 am and 4:00 pm PST. When the 4:00 pm finish line hits, whichever coin has gained the most (or lost the least if both coins are down) within our time frame is crownedthe winner for the day and moves into the next bracket. We carry on until we end with our ultimate coin the Crypto Olympics Champ. We will be holding a podium ceremony at the end of our games to award the gold, silver and bronze medals to the appropriate coins. Obviously, this is just for fun and games, and should not be taken as serious advice. To see how were breaking up the rounds, check out the chart below. Cadano has made a major spike just before the beginning of our race; we shall see if it will spike again. At press time, ADA is trading at $0.41 a coin, up 4.06%. Cardano fans everywhere are cheering loud! Bitcoin Cash has been training hard the past week and has soared in the market. Can it maintain its momentum? BCH is trading for $1,535 a coin, up 2.74%, in 24 hours. Bitcoin Cash is starting out as the underdog, can it catch up? We shall see! Check back in at 4:00 pm PST to find out who wins. Bitcoin Cash (BCH) ended the race at $1,531.07. I hope youre not getting paid for writing this. My 5-year olds rant is so more interesting lol, i find it pretty entertaining, specially since i have a bunch of cardano Continue reading >>

Bitcoin Price Drops As Coinbase Allows Bitcoin Cash Trading

Bitcoin Price Drops As Coinbase Allows Bitcoin Cash Trading

Bitcoin fell Tuesday after Coinbase , the leading platform for buying and selling bitcoin in the United States, said Tuesday it was rolling out support for bitcoin cash. "Sends and receives are available immediately. Buys and sells will be available to all customers once there is sufficient liquidity on GDAX . We anticipate that this will take a few hours," Coinbase said in a blog post Tuesday . However, Coinbase said in a subsequent, 11:15 p.m. ET tweet that buying and selling would likely not be available until Wednesday. Bitcoin cash trading was also suspended on GDAX until noon ET Wednesday. Coinbase has struggled several times this year to keep up with high demand. Bitcoin cash split off from the original bitcoin on Aug. 1 after a group of developers decided to try to improve bitcoin transaction speeds and costs. Roger Ver, an outspoken and early bitcoin investor, is a major supporter of bitcoin cash. The majority of developers who supported the original bitcoin failed to reach an agreement this fall on their own upgrade proposal, SegWit2x. The offshoot currency soared more than 70 percent Tuesday evening ET to a record high of $3,813.70 and was trading near $3,339 as of 11:37 p.m., ET, according to CoinMarketCap . Continue reading >>

Bitcoin Cash Price Inr (bch To Inr)

Bitcoin Cash Price Inr (bch To Inr)

Withdrawals would be unavailable during bank holidays and will only be open from 9:30AM to 5PM on other days. The official Bitbns App is now available: The biggest problem with Bitcoin is that the size of its blocks (the units that make up the bitcoin blockchain) is too small, a single megabyte of data. Bitcoin Cash will have eight megabyte blocks and various other differences. But as blocks become larger, they become harder to use, as increased data size means larger blocks favor users and miners with more powerful computer networks. ViaBTC and Bitmain, two of the largest bitcoin mining basins (computer networks related to mining as a conglomerate) agreed that they would support Bitcoin Cash. After reaching 6,071 INR on October 1st 2017, it fluctuated to market trends and finally reached 28,453 INR on 31st October 2017. Bitcoin Cash started from 34,297 INR on 2nd November 2017 and climbed up to 91,756 INR on 30th November 2017. And at 94,954 INR on 1st December 2017, Bitcoin Cash finally experienced an upsurge to 1,61,994 INR on 31st December 2017. Initial price on 1 January 2018 was INR 155,034.85 and then Bitcoin Cash finally reached INR 92,713.05 on 31 January 2018. Starting off on 1 February 2018 at INR 93,908.93, Bitcoin Cash was trading at INR 78,914.42 on 28 February 2018. Bitcoins (and cryptocurrencies in general) are units of account, managed in a decentralized way through a peer-to-peer network. That is to say a network where each of the stakeholders are both client and server. Unlike classical currencies, where a central bank plays the role of regulator and controller, it is an algorithm that, through the decentralized work of network members, provides control and regulation. Bitcoin Cash has been proposed to try to solve the recurring problem of the system Continue reading >>

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