Bitcoin Cash is a major cryptocurrency in the market and
Bitcoin Cash is a major cryptocurrency in the market and the top 50 richest Bitcoin Cash addresses are sure to shock you.
If you have read our beginner’s guide to Bitcoin Cash, you would know that this cryptocurrency, originally a fork of Bitcoin, was meant to be as decentralized as possible.
When the developers of Bitcoin Cash worked on it, they emphasized on the decentralization aspect rather heavily in view of the fact that the original Bitcoin had come to be plagued with the problem of centralization.
Bitcoin Cash, created in 2017, has come a long way since the time of its inception. It itself saw a hard fork in 2018, that spurred the creation of the new Bitcoin SV.
According to Coinmarketcap data, Bitcoin Cash is at the fourth position in the market, in terms of market cap.
Each unit is currently priced at $161.90. Let’s see which addresses are making the most mullah out of that.
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Top 50 Richest Bitcoin Cash Addresses
As we can see, the difference between the wallet address at the top of the list and the one at the 50th spot is rather huge, at around 209,131 units. Even the gap between the first two coins is rather large.
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While we don’t know who these addresses belong to, rumours suggest Bitmain might possibly be the owner of one of the top-ranking wallets.
So, is decentralization still the key? Only time will tell.
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