- 09.02.2020

Bch fork november 2020

bch fork november 2020The Bitcoin Cash community is at the beginning of a new era – Bitcoin Cash hard fork may happen on November 15, , splitting the network. Two years after the infamous Bitcoin Cash hard fork of , the news about the new one scheduled for November 15, , is spreading, and this time, nobody.

Video version here: Bitcoin Cash might be splitting in two this November This time the issue revolves around whether to take a portion of the Bitcoin Cash mining reward and give it directly to a team who think they deserve it.

Bch fork november 2020

There are two clear sides to this issue. One side is Bitcoin ABC, and the other is bch fork november 2020 coalition led by the Bitcoin Cash Node which includes; former members of ABC, Bitcoin Unlimited, other full bch fork november 2020 that service Bitcoin Cash, all major wallets, and almost all service and token providers, among others.

Bch fork november 2020

The contention is over mandating giving a part of the coinbase reward to Bitcoin ABC, bch fork november 2020 single development team of many currently on Bitcoin Cash, who say it'll be bch fork november 2020 to good bch fork november 2020 developing the chain.

Bitcoin ABC believes they are not properly receiving the resources they need https://showcatalog.ru/2020/btc-mining-rig-2020.html scale bitcoin cash to global money.

Bch fork november 2020

Since the inception of bitcoin, the full reward has always gone entirely to the miners who found the block. It originally redirected Jiang has since retracted his original plan due to the lack of common agreement, while Bitcoin ABC has taken their proposal through a few new iterations - one of them simply gives the bch fork november 2020 to bch fork november 2020 multisig that consists of Amaury Sechet, Bitcoin ABC's lead developer, and two other people of his choosing.

Bch fork november 2020

Another had a voting period for miners to show their support. By this time, a large part of the ecosystem already disagreed bch fork november 2020 the IFP - and only one single block had voted in support in many months.

Bch fork november 2020

This IFP would be the biggest change to a Bitcoin chain… ever. Compared bch fork november 2020 simply raising the blocksize, like click at this page BCH was first made, this directly changes the bch fork november 2020 of the chain.

Bch fork november 2020

For one, the ABC team would be solidified bch fork november 2020 the only team directly subsidized by the protocol, making them effectively the only team who controls any changes to the chain. And of course, since ABC is the only one bch fork november 2020 the rules on this chain, they have the ability to change these governance rules as they see fit.

Sayings of "but miners decide" has its skeptics as any miners who do not want to pay will have their blocks rejected, and will be forced to mine on another chain.

Bch fork november 2020

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