Fresh news 2018-08-30 13:00

in #bitcoin6 years ago

Controversial and untrusted figure in the Bitcoin Cash (BCH) community Cobra Bitcoin may prove to be the saving grace for the network’s future, after a highly contentious dispute between Bitcoin ABC and nChain threatens to split BCH into competing chains ahead of a scheduled hard fork in November.
Cobra, the anonymous owner of Bitcoin.org and previous critic of Bitcoin Cash, announced the Cobra Client hard fork in a Medium post and dubbed the upgrade a “safe implementation of the Bitcoin Cash protocol.” The proposed upgrade is in response to the “mostly non-important and non-urgent changes” proposed by major developers Bitcoin ABC and nChain.
Bitcoin ABC, the biggest Bitcoin Cash client, initiated the stir in the BCH community after it released version 0.18.0 of its full node Bitcoin Cash implementation on August 20, which included major software changes like canonical transaction ordering and two new operation codes (opcodes).
Bitcoin ABC’s proposal came days after nChain, Craig Wright’s Blockchain development firm, announced their own fork of BCH, Bitcoin SV — or Bitcoin Satoshi Vision (SV) on August 16. nChain’s upgrade has seen support from Coingeek, the largest BCH mining pool.
nChain’s Bitcoin SV will increase block size from 32MB to 128MB and reinstate four “Satoshi opcodes” in an effort to restore the original Bitcoin protocol. Wright opposed the addition of new opcodes and other arbitrary changes to the network and stated nChain would revert to version 0.1.0 implementation in order to preserve long-term stability for BCH.
Jihan Wu, Bitmain founder and major supporter of Bitcoin ABC’s initial hard fork of Bitcoin in 2017, weighed in on the debate and dismissed Craig Wright’s baseless opposition to the fork, calling him a “fake Satoshi.”
Ethereum founder Vitalik Buterin also took a strong stance against Wright, saying in a tweet that “the BCH community should NOT compromise with Craig Wright to ‘avoid a split’ and should embrace it as an opportunity to conclusively ostracize and reject him.” Buterin called Craig Wright a “fraud” after hearing him speak at the international Blockchain forum Deconomy in April, alluding to Craig’s claim of being the creator of Bitcoin.
The BCH community should NOT compromise with Craig Wright to "avoid a split" and should embrace it as an opportunity to conclusively ostracize and reject him. Bitcoin Craig (BCC) can go take the ticker symbol from the now-defunct cryptocurrency to which it is a fitting successor.
Cobra previously caused outrage in the Bitcoin community after suggesting changes to Satoshi Nakamoto's white paper and also suggested changes to the original Bitcoin proof-of-work (PoW) consensus algorithm, stating a need for more decentralization.
Source: https://cointelegraph.com/news/bitcoin-cash-drama-battle-lines-drawn-ahead-of-scheduled-hard-fork

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