Let there be more Bitcoin (Cash)!

in #thoughts6 years ago

I am not sure how many of you are already aware, but there is trouble in the biggest fork of bitcoin, bitcoin cash (BCH). The fork of the main chain is probably going to fork again! I joked about this in one of my post, but it seems to be happening soon.

What is happening?

I will quote the following article as they explained it well https://coinsutra.com/bitcoin-cash-fork/:

It all started when Bitcoin ABC, the most used Bitcoin Cash client, and its lead developer Amaury Séchet (@deadalnix), proposed a change in the upcoming November fork

But the idea of ABC invited opposition from Dr. Craig S Wright and his company nChain.

They are against the idea of using Bitcoin Cash blockchain for non-cash transactions and also don’t support canonical transactions because of two reasons – one, it is not required currently, and two, it hasn’t had enough testing so far.

Bitcoin ABC the most used bch client proposed a change and Dr. Craig S Wright a big player in bitcoin mining, did not agree with the proposal. So it's time to fork!

The Future

If this goes on in several years we will have maybe 50-100 different bitcoin versions. I can see bitcoin collectors from all over the world trading with each other!

What do you think about the bch fork?


If you ask me the entire bitcoin cash community needs to just get over themselves and start using bitcoin again. Youve done NOTHING to help cryptocurrency and Craig needs to be banned from ever opening his mouth again.

Yeah I mean I get the purists point to keep bitcoin satoshi, however they can do that, but also upgrade it at the same time. They should keep the intention of satoshi alive, not the first btc code.

You got a 15.65% upvote from @ocdb courtesy of @futurethinker!

@ocdb is a non-profit bidbot for whitelisted Steemians, check our website https://thegoodwhales.io/ for the whitelist, queue and delegation info. Join our Discord channel for more information

If you like what @ocd does, consider voting for ocd-witness through SteemConnect or on Steemit Witnesses

Hi @futurethinker!

Your post was upvoted by @steem-ua, new Steem dApp, using UserAuthority for algorithmic post curation!
Your UA account score is currently 4.583 which ranks you at #1743 across all Steem accounts.
Your rank has dropped 7 places in the last three days (old rank 1736).

In our last Algorithmic Curation Round, consisting of 225 contributions, your post is ranked at #91.

Evaluation of your UA score:
  • Some people are already following you, keep going!
  • The readers like your work!
  • You have already shown user engagement, try to improve it further.

Feel free to join our @steem-ua Discord server

Coin Marketplace

STEEM 0.20
TRX 0.13
JST 0.029
BTC 67584.80
ETH 3438.61
USDT 1.00
SBD 2.70