BITCOIN CASH HARD FORK
The upcoming Bitcoin Cash has created a huge pump; no days with current market thats a pump, and has pass previous resistance. currently at $602.11 at the moment of this post.
Bitcoin Cash hard fork will happen twice a year for chain upgrades, everyone is expecting two coins after this fork but in this case we have a problem since there is a huge disagreement between multiple parts within this blockchain.
Coinbase recently and obviosly will support this hard fork, also there are other exchanges that has announce their support for this event:
-Coinbase
-Binance
-Poloniex
Until now there are three implementation proposals for the chain upgrade, all three main target is block size upgrade:
-Bitcoin SV: https://nchain.com/en/blog/bitcoin-sv-launch/
-Bitcoin ABC: https://www.bitcoinabc.org/2018-08-20-announcing-bitcoin-abc-0-18-0/
-Bitcoin Unlimited: https://bitco.in/forum/threads/buip098-passed-bitcoin-unlimited%E2%80%99s-strategy-for-the-november-2018-hard-fork.22380/
Within the three proposal we will find, block size upgrade, smart contracts, oracle and scaling solution.
After days of debate within the community Bitcion Unlimited has come with a new proposal to implemente both SV and ABC, since both are totally incompatible, Bitcoin Unlimited as a client with the highest amount of users within this blockchain has come up with a proposal were node operators need to be implemented and miners would have to change to this client, then the client would be the platform of choice to emerge consensus.
Miners are starting to announce their support for the multiple proposals, its hard to say who will have the final word as it all depends on the community, thats the beutiful thing about blockchain, there is no I on a team, we will have to wait until November 15th and find out what is going to be the final decision.
At the moment Im not a a BCH holder and have never like the attitude of the main figures behind BCH like Roger Ver