In response to demands from the public and private sectors, government scientists in the United States have created a guide on the technology behind bitcoin and its applications for a variety of uses. The 59-page report explains that, "technically, they noted that Bitcoin is a fork and Bitcoin Cash would be the original blockchain."
The National Institute of Standards and Technology (NIST), an agency of the Department of Commerce of the United States with an annual budget of almost $ 1 billion, would have launched an introduction of the technology behind bitcoin. They say they hope this report can help companies make decisions about whether or not they will be an asset to their products.
The scientists said "We want to help people understand how Bitcoin block chains work so they can apply them appropriately to technology problems," explained computer scientist Dylan Yaga, who is one of the authors of the report.
"Blockchain is a new and powerful paradigm for most businesses. People should know how to use it. In the corporate world, there is always an impulse to adopt new technologies. With Blockchain there is a big push to adopt it because of that. We want to help people see beyond exaggeration, "added Yaga.
See in the image that the NIST report explains that, "technically, Bitcoin is a fork and Bitcoin Cash is the original blockchain".