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the hard fork that activated on August 1, 2017 and claims to be closer to Satoshis original vision for the currency as a true medium of exchange, aND a store of value. However, now it appears that this plan will still be carried out on August 1, 2017 because this group is fundamentally against the idea of SegWit (or SegWit2x) and sees a block size increase as the only option. On the contrary, the BTC network has an artificial limitation along with a tainted history of being backed up with unconfirmed transactions and is in dire need of a solution. Which side are you joining? It could quickly exceed the value of bitcoin and become the default online currency. Appropriate action has been taken to mitigate the impact. The same with the bitcoin ecosystem should happen. Well, that was true, and it is still sort of true. Bitcoin Cash is a proposed fork of the bitcoin blockchain. Mind you, these changes might look small and insignificant, but in reality, these small things have been the reason for a massive debate on Bitcoin scaling for many years.
As the November 15th hardfork upgrade approaches and proposals continue to be discussed, the. Moreover, it wouldnt be fair to dismiss a currency which has not yet been born and has yet to be traded in the market.
New Name With a new name to Bitcoin s offspring,.e. Users are buying BCH today with the buy iota without bitcoin expectation that it will rise to the value of todays bitcoin (or higher) in the future. Careful Where You Read: Censorship Is Rampant One of the biggest problems with the BTC versus BCH debate is that censorship is rampant. That means users can determine their preferred blocksize accordingly. As you can see, this is a war of what/who is right and how to find consensus amongst a decentralized-natured electronic value transfer system where there is no king of the hill. Planning ahead for the upcoming network upgrade.
Interesting to see one of the first lead developers for bitcoin.org and popular personalities of bitcoin 's decorated past recently tweeted: In the leadup to August 1, there was enormous controversy over the validity of BCH. Bitcoin, aBC team would like to set a timeline to ensure a smooth upgrade in November.