Bitcoin Cash

Bitcoin Cash community confirms readiness to split into two branches on November 15

One of the main supporters of the Bitcoin Cash cryptocurrency, Roger Ver, has confirmed the information that the lead developer Amory Sechet with his chain is “forcing” on November 15.

“We wish them the best of luck with their new coin and thanks for the free airdrop for all BCH holders,” wrote Ver.

Bitcoin Cash community confirms readiness to split into two branches on November 15

He gave his comment in response to the release of Bitcoin ABC 0.22.1. On November 15, the scheduled update of the Bitcoin Cash network will take place. On this day, Bitcoin ABC will activate the rule that 8% of block rewards will be donated to the cryptocurrency development fund. Vera and his supporters do not support this rule, however, Sechet and Bitcoin ABC are not going to give up the name “Bitcoin Cash” either..

“In Craig Wright’s words: Nonsense and Lies!” – replied Sechet, retweeting CoinText CTO Vin Armani.

According to Coin.Dance, in present time 42% of Bitcoin Cash nodes use the Bitcoin ABC client, whereas Bitcoin Unlimited and BCHN, both of which do not support the mentioned rule, set at 55% nodes.

Bitcoin Cash community confirms readiness to split into two branches on November 15

In a conversation with Cointelegraph, Sechet questioned whether these two clients would actually have a majority on the network during the fork. “The number of nodes is easy to falsify. A significant portion of the Bitcoin Unlimited nodes are updated at the same time each time, so they are most likely run by the same entity, “he said..

Bitcoin Cash community confirms readiness to split into two branches on November 15

The brewing split will not be the first in the history of cryptocurrency, which itself arose by forking the Bitcoin blockchain. 15th of November Of 2018 the Bitcoin Cash blockchain split into BCHABC and BCHSV branches. Subsequently, due to massive support, the first of them was named Bitcoin Cash, while the second was renamed Bitcoin SV. Certain members of the cryptocurrency community fear that another split may lead to its drop out of the top 10 of the market..

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